|
Dear Fellow South African,
We have just returned a successful visit to Southeast
Asia, where we visited Indonesia, Vietnam and Malaysia.
South Africa has long-standing relations with all three
countries.
Our ties to Indonesia and Malaysia go back more than 300
years, when the Dutch East India Company brought people
from what were then known as the Dutch East Indies to
South Africa as slaves. Together with political exiles,
skilled artisans and religious scholars, these people
formed what was to become the Cape Malay community. The
descendants of these early arrivals remain an integral
part of the South African people.
Alongside Indonesia and Malaysia, Vietnam was a firm
supporter of the struggle against apartheid. Vietnam”¦s
struggle for independence and self-determination was an
inspiration to many South African freedom fighters.
As we recognise these strong historical ties, these
visits have been firmly focused on the future. There is
enormous potential for greater trade and investment
between South Africa and each of these countries.
The three countries we visited have a combined
population of 380 million people and have recorded
significant economic growth over many years. The
combined value of trade between South Africa and these
three countries in 2024 stood at R83 billion.
In the midst of global economic uncertainty, it has
become more important than ever for South Africa to
diversify its trade and investment relations. As we
continue to expand trade with traditional partners, we
see great value in strengthening links with other
countries of the Global South.
Already, South Africa exports many agricultural products
to these countries. During our visits, we discussed how
to expand the range and the quantity of agricultural
products we supply these countries, ranging from beef to
soybeans to fruit. Among other things, we agreed to look
at some of the regulatory barriers to market access.
Over time, each of these countries has expanded their
advanced manufacturing capacity, with some taking the
lead in semiconductors, batteries and electric vehicles.
South Africa, with its substantial reserves of critical
minerals, is well placed to supply the products that
these industries need. We are keen to develop
partnerships with these countries to ensure that we add
value to these minerals before exporting them. This is
part of our ambition to move away from being an exporter
of raw material to producing finished goods.
In each country, we met with companies that were keen to
invest in South Africa. Some of these companies already
have a presence in our country. All of them recognised
the great potential of our economy, our well-developed
infrastructure, our world-class financial sector, our
independent judiciary and stable institutions.
A number of companies told us about their plans to build
new manufacturing plants in South Africa to serve both
our domestic market and markets in the Southern African
region and on the African continent. They want to locate
their operations in South Africa so that they can take
advantage of the African Continental Free Trade Area.
While much of our visit focused on expanding trade and
investment ties, we share with all three countries a
common approach to international matters. We are all
firm advocates of multilateralism and international law,
the reform of the United Nations and cooperation between
the countries of the Global South. We therefore agreed
to work together to promote peace and security, climate
action and sustainable development.
Our common approach was evident also at the 47th Summit
of the Association of Southeast Asian Nations (ASEAN),
which we attended at the invitation of Malaysian Prime
Minister Anwar Ibrahim. The theme for the ASEAN summit,
”„Inclusivity and Sustainability”¦, mirrors the theme for
our G20 Presidency, ”„Solidarity,
Equality, Sustainability”¦.
This underlines the alignment between our vision of the
world and that of the countries of Southeast Asia.
Although we are separated by the Indian Ocean, South
Africa and Southeast Asia are closer now than we have
been before. We share a determination to build a common
future of development and inclusive growth from which
all our people benefit.
With best regards,
”@
”@
 |