PRESIDENT ZUMA’S VISIT TO GIVE SOUTH AFRICA’S TIES WITH FRANCE A BOOST

Relations between South Africa and France will get a shot in the arm this week when President Jacob Zuma makes a State visit to the country, says the Presidency, which notes that improved ties will benefit ordinary South Africans.

France is South Africa’s fourth biggest trading partner in Europe. As part of his visit, the President will lead the centenary commemoration of the Battle of Delville Wood in 1916.

On Sunday, he also attended the Euro 2016 soccer final between France and Portugal.

Europe may be struggling to deal with Britain’s impending departure from the European Union (EU) but Paris is angling itself to be take over from London as the next financial capital.

France remains an important source of foreign direct investment for South Africa and two-way trade stands at 33 billion rand (about 2.24 billion US dollars) a year.

Investments from France have created close to 5,000 jobs in South Africa while the number of French tourists to South Africa is also increasing and South African businesses are taking note.

President Zuma is hoping to use historical and cordial relations between the two countries to boost economic ties. A number of agreements in agriculture, arts and higher education are expected to be signed during the visit.

Source: Nam News Network

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