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South Africa: Deputy President Mashatile concludes Working Visit to China
South Africa: Deputy President Mashatile concludes Working Visit to China

Zawya

timea day ago

  • Business
  • Zawya

South Africa: Deputy President Mashatile concludes Working Visit to China

Deputy President Shipokosa Paulus Mashatile has today, Friday, 18 July 2025, concluded a successful Working Visit to the People's Republic of China, aimed at strengthening bilateral relations and economic cooperation between South Africa and China. At the invitation of the Chairman of China Council for the Promotion of International Trade (CCPIT), Mr Ren Hongbin, the Deputy President participated in the third China International Supply Chain Expo (CISCE), taking place from 16 - 20 July 2025 in Beijing, China. CISCE is the world's first national-level expo dedicated to global supply chains, hosted under the auspices of the Chinese central government and organised by the CCPIT. The Deputy President used South Africa's participation at CISCE as a strategic opportunity to advance the South-Africa China All-Round Strategic Cooperative Partnership in the New Era. This also reinforced South Africa's role as a key gateway to Sub-Saharan Africa for trade, investment and industrial cooperation. During the Expo, the Deputy President officially launched the South African National Pavilion. The Pavilion showcased over 30 South African entities from a variety of sectors including Agro-Processing, Electronics, Chemicals, Leather, Footwear and Textiles, Cosmetics, Mining Services, and the creative industries. The opening of the 2025 South African National Pavilion is a focused response to resolutions made at the FOCAC in Beijing in 2024. This is significant in that it demonstrates how South Africa is an important trade partner to China. During the Working Visit, the Deputy President held a bilateral meeting with Vice President Han Zheng of the People's Republic of China. Vice President Zheng expressed confidence in the South African Government and emphasised the importance of strengthening existing cooperation. He further reiterated China's support for South Africa's Presidency of the G20. The Deputy President expressed appreciation for China's longstanding partnership and extended an invitation to Vice President Zheng to visit South Africa to co-chair the 9th South Africa-China Bi-National Commission at a mutually agreeable date early in 2026. Deputy President Mashatile also met with Mr Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT), where he emphasised the significance of the Expo in South Africa's efforts to advance the promotion of trade, investment cooperation, the growth of innovation, and the encouragement of learning and interchange. In an effort to strengthen bilateral economic relations and explore strategic investment opportunities across key sectors, the Deputy President had the opportunity to experience some of the fascinating work being done by companies such as SINOMA international engineering company, the China State Construction Engineering Corporation (CSCEC) and the Beijing Automotive International Corporation (BAIC). Furthermore, the Deputy President's engagement with the ICBC&Standard Bank and the South-Africa China Business Forum demonstrated the commitment to strengthening Africa-China Relations. Deputy President Mashatile was accompanied by the Deputy Minister of International Relations and Cooperation, Ms Thandi Moraka; the Minister of Small Business Development, Ms Stella Ndabeni-Abrahams; Minister of Tourism, Ms Patricia de Lille; Minister of Trade, Industry and Competition, Mr Parks Tau; Minister of Water and Sanitation, Ms Pemmy Majodina; and Minister of Agriculture, Mr John Steenhuisen. Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

UAE President, Hungarian Prime Minister hold talks in Budapest to discuss bilateral relations
UAE President, Hungarian Prime Minister hold talks in Budapest to discuss bilateral relations

Emirates 24/7

timea day ago

  • Business
  • Emirates 24/7

UAE President, Hungarian Prime Minister hold talks in Budapest to discuss bilateral relations

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met today with His Excellency Viktor Orbán, Prime Minister of Hungary, to discuss bilateral relations and ways to strengthen cooperation to advance both countries' development ambitions. The meeting took place as part of His Highness' official visit to Hungary. During the meeting, held at the Prime Minister's Office in Budapest, His Highness and the Hungarian Prime Minister explored opportunities to further boost collaboration in key sectors, including the economic and trade and investment fields, as well as technology, infrastructure, and renewable energy. His Highness affirmed the UAE's commitment to enhancing cooperation with Hungary to help advance development goals and promote further progress and prosperity for both countries and their peoples. He also reiterated the UAE's consistent approach of building bridges of cooperation with countries around the world and continuing to foster productive partnerships based on collaboration and mutual interests. The Hungarian Prime Minister welcomed the visit of the UAE President, noting that it represents a strong boost to bilateral ties, which continue to develop across a wide range of fields and areas of shared interest. The two sides also reviewed a number of regional and international issues of mutual interest. They emphasised the importance of supporting international efforts aimed at strengthening stability and peace at both the regional and global levels, and underlined the need to resolve crises and conflicts through dialogue and diplomacy. Later, the Hungarian Prime Minister hosted a dinner in honour of the UAE President and the accompanying delegation, which was attended by a number of Hungarian ministers and senior officials. Earlier in the day, His Highness Sheikh Mohamed bin Zayed toured the Hungarian Parliament Building, which is renowned for its distinctive architecture and rich historical and cultural significance. Accompanied during the visit by Prime Minister Viktor Orbán, His Highness was briefed by officials on the Parliament Building's key features and history

HM the Sultan congratulates President of Surinam
HM the Sultan congratulates President of Surinam

Times of Oman

time2 days ago

  • Politics
  • Times of Oman

HM the Sultan congratulates President of Surinam

Muscat: His Majesty Sultan Haitham bin Tarik has sent a cable of congratulations to PresidentJennifer Geerlings-Simons on being elected and sworn-in as President of the Republic of Surinam. In the cable, His Majesty the Sultan expressed his heartfelt sentiments to President Jennifer, wishing her success in leading the people of her country and to achieve further stability and prosperity. His Majesty wished the bilateral relations further expansion and growth.

UAE, Turkish Presidents witness exchange of agreements, memoranda of understanding
UAE, Turkish Presidents witness exchange of agreements, memoranda of understanding

Emirates 24/7

time2 days ago

  • Business
  • Emirates 24/7

UAE, Turkish Presidents witness exchange of agreements, memoranda of understanding

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Recep Tayyip Erdoğan, President of the Republic of Türkiye, today witnessed the exchange of several agreements and memoranda of understanding between the UAE and Türkiye. Exchanged during His Highness the UAE President's state visit to Türkiye, the agreements aim to expand cooperation, reflecting the two countries' shared commitment to further advancing bilateral relations across various sectors. The agreements and memoranda include: – Agreement on the mutual protection of classified information – MoU on the establishment of a joint consular committee – MoU on investment in food and agriculture – MoU on investment cooperation in the pharmaceutical industry – MoU on investment in tourism and hospitality – MoU on investment cooperation in the industrial sector – MoU on cooperation in polar research The agreements and memoranda were exchanged during a formal ceremony held at the Presidential Palace in Ankara. From the UAE side, the agreements were exchanged by: – His Excellency Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology – His Excellency Mohamed Hassan Alsuwaidi, Minister of Investment – His Excellency Mohamed Mubarak Al Mazrouei, Minister of State for Defence Affairs – His Excellency Khalifa Shaheen Al Marar, Minister of State From the Turkish side, the agreements were exchanged by: – His Excellency Yaşar Güler, Minister of National Defence – His Excellency Nuh Yılmaz, Deputy Minister of Foreign Affairs – His Excellency Ahmet Burak Dağlıoğlu, President of the Investment Office of the Presidency of the Republic of Türkiye – His Excellency Mehmet Fatih Kacır, Minister of Industry and Technology

How easing of AI chip controls could reshape US-China trade talks
How easing of AI chip controls could reshape US-China trade talks

South China Morning Post

time3 days ago

  • Business
  • South China Morning Post

How easing of AI chip controls could reshape US-China trade talks

The United States' decision to ease export restrictions on certain advanced chips – part of a broader package of trade agreements with China – is seen by experts as an early sign that high-level negotiations have steered bilateral relations in the right direction. Washington's move to resume license application reviews for Nvidia's H20 AI and Advanced Micro Devices's MI308 AI chips comes ahead of talks between senior officials from both nations in the coming weeks, despite a protracted strategic stand-off over tech and export controls. Zhuang Bo, global macro strategist at Loomis Sayles Investment Asia, said the development was a clear win for China – effectively resetting the clock to March, before rare earths became a geopolitical chokepoint. 'It signals that Beijing is inching closer to the G2-style negotiations it has long sought, framed in official rhetoric as a call for 'mutual respect and equality.'' While the reality on the ground has not changed much, the situation has not deteriorated, he added. 'Whether there will be a Xi-Trump summit later this year will be crucial. If that happens, a partial agreement is still possible.' On Tuesday, AMD said the US Department of Commerce was reviewing its licence applications to export MI308 chips to China, and that sales would resume once approved.

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