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Economy

South Africa looks to grow trade with Ireland

01 Oct 2024 - by Staff reporter
 Source: Shutterstock
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Deputy Minister of Trade, Industry and Competition, Andrew Whitfield, has committed to addressing the decline in trade between South Africa and Ireland and unlocking opportunities for future growth.

Whitfield said this during his address at the ‘South Africa-Ireland Trade and Investment Round Table’, which took place on the sidelines of a working visit to Dublin, Ireland, recently.

“Our mission is to confront the challenges faced by investors, and to ensure that pertinent issues are dealt with, we have brought with us a dedicated team from the department of trade, industry and competition to engage on issues ranging from visa processes to market access.”

Whitfield visited Ireland alongside Deputy President Paul Mashatile to reinforce the historic and bilateral relations established over 30 years ago. 

The visit, said the department, was particularly timely as both countries sought to explore new avenues for collaboration amid a backdrop of evolving global economic conditions. 

During the round table, Whitfield engaged with a diverse group of Irish companies that have already made significant investments in South Africa, as well as those looking to enter the market. 

He emphasised the importance of strengthening ties to tackle pressing challenges such as poverty, unemployment and inequality.

“The Government of National Unity, which we transitioned into four months ago, has set ambitious goals for rapid, inclusive, and sustainable economic growth. By working together, we can create an environment that encourages job creation and economic stability. 

“I cannot underscore the need for collaboration and knowledge-sharing enough from the Irish because your experiences could provide valuable lessons for South Africa as we strive to overcome our challenges,” said Whitfield.

Mashatile and Whitfield are now in the United Kingdom to showcase South Africa as an investment destination of choice and to identify new trade opportunities for South Africa. – SAnews.gov.za

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