Southern Africa: SA, Namibia Resolve to Deepen Trade and Investment

by Digital Brainiacs
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President Cyril Ramaphosa says Namibia and South Africa will deepen trade and investment ties with a Bi-National Commission (BNC) expected to be held between the countries later this year.

The President was speaking during a media briefing during the Official State Visit by Namibian President Hage Geingob and several of that country’s Ministers on Thursday.

President Ramaphosa said progress has already been made in various sectors of mutual interests with new agreements signed in order to “further expand our formal scope of cooperation”.

“Our ministers responsible for trade and industry will convene a Business Forum later this year to be attended by business people from both countries. We also agreed that the ministers of trade of the two countries should put in place a mechanism to protect investments in our respective countries.

“We will work together to leverage the opportunities presented by the African Continental Free Trade Area and the Tripartite Free Trade Area between the Southern African…

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