Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Freight & Trading Weekly
    • Imports and Exports
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Trade/Investment

Trump meeting hailed as a ‘great success’

Yesterday - by Staff reporter
 Source: GCIS
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

President Cyril Ramaphosa has described his bilateral meeting with US President Donald Trump as “robust and fruitful”, signalling a new chapter of engagement between South Africa and the United States, particularly in trade and investment.

Speaking to the media after his meeting with Trump, Ramaphosa said the leaders had had an “in-depth and positive exchange”, not only on lighter matters such as golf, but critically on economic cooperation and mutual concerns.

“We had a really good bilateral …which you will all have observed, and we were able to have a robust engagement with Mr. Trump in your presence.

“Following that engagement …we retired to the cabinet room for lunch. We were then able to have really good in-depth exchanges with President Trump and his other officials,” the President said on Wednesday.

A major outcome of the meeting was a renewed commitment to sustained engagement between the two nations, especially at the trade and industry level.

Ramaphosa said discussions would continue on several key matters, including investment flows, tariff structures, and access to the US market through frameworks such as the African Growth and Opportunity Act.

“I want to confirm that there will continue to be engagement between South Africa and the United States officials, particularly at the trade and industry level, to deal with the package of issues that we had tabled that have to do with trade and investment.

“I was rather pleased that there's a firm agreement and undertaking that we are going to continue engaging, so there's no disengagement. For us, that was one of the key outcomes that we had wanted.

“Our objective in coming here was to reset relations between the two countries and to reposition our relations, which had become contaminated by some of the issues that had been raised during the engagement,” the president said.

He said the bilateral dialogue was an opportunity to clarify concerns and address misconceptions.

“It turned out that President Trump’s concern is about the safety of the people of South Africa. Much as he zeroed it down to white farmers, we kept saying there is a security problem and we are not running away from that. There is criminality.

“We even sought to deal with it from its genesis... When the economy is not growing, when there is poverty and when there's unemployment, one of the social ills that we get as a derivative is criminality that spreads itself around the country.

“It's not only in farms – it's in rural and even urban areas. He [President Trump] expressed his views on that, and I was rather pleased that a number of our compatriots were able to deal with that,” said Ramaphosa.

On the economic front, President Ramaphosa reiterated South Africa’s call for increased foreign direct investment from the United States, noting that US companies already played a vital role in the economy. He cited a recent American investment in a local lithium company as an encouraging sign of continued interest.

"In the discussions over lunch we didn’t dwell on that issue. However, he did ask what help do we need as a country.

“The main thing we said, in terms of assistance, is investments …We require more investments from the United States, and we require a more positive disposition from the United States, because once the United States government and the President emit a very positive disposition towards South Africa, it unlocks a lot of investments, and investors would then be willing to come and invest their money.

“We want foreign direct investment. We want to keep the jobs that we have that have been created by US companies, and we want more and more US companies to come and invest.”

Ramaphosa, who currently chairs the G20, said he urged Trump to attend the upcoming summit in South Africa.

He said they stressed that, as the G20 had been formed by the United States, together with other countries, it was important that the United States should continue playing a key role. “I want to hand over the presidency of the G20 to President Trump in November, and I said he needs to be there.

“I don't want to hand over the Presidency of the G20 to an empty chair (sic). I want to hand it over to him, sitting in that chair in November, and he is going to give serious consideration to it. In fact, I expect him to come to South Africa,” the president said.

Ramaphosa described the meeting as a “great success”, saying it had fulfilled South Africa’s key objectives.

“I do believe that our visit here has been a great success. We've been able to achieve what we set out to achieve: re-engagement with the US, to put the issues of investment and trade on the table, and to ensure that we continue engaging through the various other formations. All in all, I'm rather pleased I go back [home] having a sense that we have done well.”

Back home, President Ramaphosa was widely praised for maintaining his composure during what many South Africans had anticipated might be a tense encounter.

“I know that many South Africans were filled with a great deal of concern …but that did not ensue,” the President said, referencing public expectations of confrontation.

“I know that the media wanted to see drama and something really big happening, and I’m sorry we disappointed you somewhat in that regard,” he said with a smile.

The meeting at the Oval Office was attended by senior US and South African officials. The South African delegation included Minister of International Relations and Cooperation, Ronald Lamola, Minister in the Presidency, Khumbudzo Ntshavheni, Minister of Trade, Industry and Competition, Parks Tau, and Minister of Agriculture, John Steenhuisen.

In addition, the president was accompanied by Johann Rupert, the Founder of Richemont and Chairman of Remgro; Vice President of Business Unity South Africa, Adrian Gore; and President of the Congress of South African Trade Unions, Zingiswa Losi.

South African pro golfers Ernie Els and Retief Goosen also attended in a show of support. – SAnews.gov.za

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

MSC acquires stake in Ukrainian logistics firm

Logistics

Medlog has bought 50% of a local intermodal logistics operator and shares in a cross-border terminal.

21 May 2025
0 Comments

Transnet and Grindrod strike R285m container deal

Logistics

The new facility will boost capacity fourfold to 200 000 TEUs per annum.

21 May 2025
0 Comments

OPINION: All eyes on Washington for US-SA bilateral negotiations

Economy

Imagine the Budget is rejected yet again, and Elon Musk whispers into Trump’s good ear: “These guys can’t even pass a national budget.”

21 May 2025
0 Comments

China imposes sweeping tariffs on US, EU, Japan and Taiwan

Imports and Exports

The newly imposed tariffs, effective immediately, vary significantly by region and company.

20 May 2025
0 Comments

Citrus exports off to a good start

Imports and Exports
Logistics

Growers have forecast a 3.6% rise in volumes for the 2025 season amid fears of US tariff hikes.

20 May 2025
0 Comments

South African chicken shortage unlikely

Imports and Exports

A ban on Brazilian chicken imports will take more than six weeks to be felt – poultry producers.

20 May 2025
0 Comments

Trump talks: Ramaphosa’s moment of trade truth beckons

Economy
20 May 2025
0 Comments

Food rescue and hunger relief outfit expands fleet

Logistics

Logistics firms have been urged to turn empty return legs into lifelines for the hungry.

20 May 2025
0 Comments

Uncertainty hangs over Nissan’s Rosslyn plant

Imports and Exports
Logistics

It includes reducing the number of global plants from 17 to 10 as part of a recovery plan.

20 May 2025
0 Comments

South African seedless citrus strengthens foothold in India

Imports and Exports

Citrus shipments to India have grown markedly, with exports nearly tripling over the past five years.

20 May 2025
0 Comments

Ramaphosa’s Trump meeting a crucial moment for SA-US relations

Economy

The meeting is widely regarded as a pivotal moment in the relationship between the two nations.

19 May 2025
0 Comments

Freight forwarders in the dark about Amex service

Imports and Exports
Logistics
19 May 2025
0 Comments
  • More

FeatureClick to view

Namibia 23 May 2025

Border Beat

BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
More

Featured Jobs

New

Branch Manager (DBN)

Tiger Recruitment
Durban
22 May
New

General Manager

Switch Recruit
Centurion
22 May
New

Clearing Controller

Lee Botti & Associates
Durban
21 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us