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Ramaphosa says US, SA have set up a joint task force on trade and investment

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President Cyril Ramaphosa says the United States and South Africa have set up a joint task force on trade and investment to increase business between the two countries.

In his letter to the nation today, Ramaphosa reflected on his meeting with US President Joe Biden last week.

He says US business leaders are keen to invest in South Africa explaining that building relationships with other countries is critical to creating opportunities and making the country more competitive.

With regards to the stage 6 rolling blackouts sweeping the nation, Ramaphosa says government is seized with implementing measures to resolve South Africa’s energy situation on which the success of recent planned and launched projects valued at R15.3 billion depend.

Ramaphosa on Friday discussed trade, climate, and energy with Biden.

The presidents also discussed relations with Russia.

Biden, who has led an international coalition to punish Russian President Vladimir Putin for the near seven-month war in Ukraine, wants South Africa’s help in efforts that include forcing Moscow to sell its oil at below-market rates. Ramaphosa has resisted joining Washington’s campaign against Moscow for the war in Ukraine.

US-SA Relations I Joe Biden and Kamala Harris meet Cyril Ramaphosa in the United States

 

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