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International relations, Topnews

29. November 2013

PRESIDENT ZUMA ON STATE VISIT TO GHANA

The visit deepened our existing strong bilateral relationship with Ghana and advanced intra-trade on the continent.

President Zuma held official talks with his Ghanaian counterpart, President John Dramani Mahama, in which they discussed, among other things, political, economic and security cooperation.

The State Visit also afforded the two presidents an opportunity to assess progress regarding the implementation of the seven agreements/memoranda of understanding that were signed during the State Visit to South Africa by the late President of Ghana, Dr John Atta Mills, in August 2011.

In terms of trade and investment, Ghana represents a major export market for South African goods. In 2012, South African exports to Ghana were estimated at R5 billion and the imports from Ghana at R1,9 billion, the bulk of which was crude oil.

South Africa is the 14th-largest investor in Ghana with investments amounting to more than R64 billion between 2003 and April 2013. There are more than 80 South African multinational and small-scale companies registered in Ghana.

http://www.dirco.gov.za/dircoenewsletter/newsflash88-28-11-2013.html

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