Ramaphosa: SA-US ties growing stronger

PRESIDENT Cyril Ramaphosa says South Africa's trade and investment relationship with the United States remains strong and continues to deepen, following a series of engagements on the sidelines of the United Nations General Assembly in New York last week.

- HOPE NTANZI [e-mail]

In his weekly newsletter to the nation, the president said the engagements included a Trade and Investment Dialogue hosted by the US Chamber of Commerce, as well as meetings with American companies, members of Congress, and US government officials.

He said US companies expressed confidence in South Africa's economic reforms and showed strong interest in further investment.

"Some of these companies already have business operations in South Africa, while others are interested in investing," Ramaphosa said. "All of the companies commended the reforms being undertaken by the government and the prospects for growth in our economy."

The US Chamber of Commerce, which represents businesses in over 120 countries, convened the dialogue that brought together ministers, officials, and business leaders from both countries.

Ramaphosa said the tone of the meeting was optimistic and forward-looking, demonstrating that business cooperation continues despite political disagreements or global tensions.