Japan visit a success

Friday, August 28, 2015

Pretoria – Cabinet has welcomed Deputy President Cyril Ramaphosa’s visit to Japan, describing it as a success.

The visit earlier this week was aimed at promoting South Africa as a preferred investment destination and reassuring Japanese investors that South Africa was open for business.

The Deputy President briefed investors on the country’s sound macro-economic stability and conducive business environment for investment, particularly in ventures that create jobs.

Deputy President Ramaphosa also used the visit to secure commitments from Japan to partner with South Africa in its efforts to combat the scourge of HIV and Aids, Tuberculosis and Malaria.

His delegation included several Cabinet ministers, deputy ministers, senior government officials, and the CEOs of South African companies, including Transnet, Karan Beef, PPC, KPMG, the Maponya Group, and a number of other BEE companies.

At the conclusion of the visit, the Deputy President said Japan was committed to supporting South Africa's developmental trajectory.

“We had a meeting with the Prime Minister of Japan; we spent an extensive amount of time with him and he demonstrated that he is very supportive of our developmental trajectory. We spent time with the Deputy Prime Minister, he articulated the same,'' said Deputy President Ramaphosa.

The delegation also spent time with the Japanese business community.

“We also used this opportunity to promote trade. There are many other areas that we want to start trading with the Japanese on. More agricultural products; they are also going to give us skills with agro processing so it's been hugely successful and we are all very happy with the way that the visit went,” said the Deputy President. – SAnews.gov.za