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Paul Mashatile highlights South Africa's role as chair of the G20

Paul Mashatile highlights South Africa's role as chair of the G20

Deputy President Paul Mashatile has highlighted the importance of solidarity and collaboration in today's rapidly evolving global landscape.
Delivering a public lecture at St. Petersburg State University, the Deputy President explained that South Africa's Presidency of the Group of 20 (G20) comes at a time characterised by geopolitical tensions and economic disparities.
'As we gather here today, amidst the tumultuous global crises characterised by rising geopolitical tensions, trade wars, unemployment, inequality, poverty, armed conflicts, and climate catastrophe, it has become very clear that the world needs solidarity now more than ever,' the Deputy President said on Thursday.
Deputy President Mashatile arrived in Russia this week for a working visit aimed at strengthening economic and trade ties between the two nations.
The visit focuses on enhancing economic cooperation between the two countries in sectors such as agriculture, automotive, energy, and mining industries, as well as cooperation in science and technology.
Deputy President Mashatile's speech highlighted South Africa's role as the current chair of the G20 and its commitment to addressing pressing global challenges.
South Africa's G20 Presidency theme: 'Solidarity, Equality and Sustainability' articulates the necessary principles of fostering a more inclusive global community.
'Only through exercising solidarity and identifying with each other's struggles can we do justice to the notion of international community or 'Ubuntu'.'
Deputy President Mashatile reiterated the importance of global solidarity, urging those present to work together to create a more equitable world.
'We aim to capitalise on the prospects of globalisation while limiting its risks and ensuring that the benefits of economic progress and technological advancement are shared by all,' he said.
He called for unity, adding that 'we must build upon that legacy and strengthen our cooperation in science, technology, research, and innovation'.
Universities like St. Petersburg State University can play a pivotal role in bridging the priorities of BRICS, the African Union, and the G20.
'Our future lies in knowledge economies, and your institution is a natural partner in this effort,' Mashatile added.
The country's second-in-command praised the university's Faculty of International Relations and the Institute for African Studies for their engagement with scholars across Africa.
He extended an invitation for deeper collaborations with leading South African institutions, emphasising the mutual benefits that such partnerships could foster.
The Deputy President highlighted the university's impressive legacy, noting that it has produced numerous renowned figures, including President Vladimir Putin and the Russian revolutionary Vladimir Lenin.
'The presence of so many renowned scholars, leaders, and diplomats here today is a testament to the university's continued relevance in shaping discourse on global affairs.'
The Deputy President reflected on the historical ties between South Africa and Russia, expressing gratitude for the support received during the anti-apartheid struggle.
Despite the prevailing geopolitical environment, he said South Africa is steadfast in its commitment to this course.
'… And with our G20 Presidency, we possess a unique opportunity to influence the global discourse on critical issues.'
The G20 has a significant role to play in fostering global cooperation, collaboration and partnership to achieve the Sustainable Development Goals (SDGs) of the 2030 Agenda.
He announced the country's G20 Presidency will, through its four overarching priorities, seek to address challenges that stifle the ability of the Global South to achieve desired levels of growth and development.
In addition, South Africa will take steps to enhance disaster resilience and response.
The country also aims to ensure debt sustainability for low-income nations, mobilise financing for a Just Energy Transition, and seek to leverage critical minerals for inclusive growth and sustainable development.
Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1
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