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.

‘We are determined to navigate these challenges with urgency and commitment, ensuring that South Africa is not only an attractive destination for Irish investments but also a pivotal player in the broader African market.

‘I urge both countries to seize the moment and work collaboratively to unlock the vast potential that lies ahead,” he said.

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

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

During the round table, the Deputy Minister 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.

‘Our deep-rooted relationship over the years gives us the platform to strengthen our ties further by developing South Africa’s knowledge economy, driving innovation and increasing trade and investment.’

He expressed admiration for Ireland’s innovative advancements and its successful transition into a knowledge economy. ‘This extraordinary knowledge economy serves as a valuable opportunity for South Africa to learn from.’

In his address, Whitfield emphasised the importance of strengthening ties t
o 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.

Deputy President Mashatile and Deputy Minister Whitfield have proceeded to the United Kingdom. The working visit will focus on showcasing South Africa as an investment destination of choice and to identify new trade opportunities for South Africa.

Source: South African Government News Agency