Japan to increase investment in SA

Japan to increase investment in SAPretoria - Mineral Resources Minister Mosebenzi Zwane has welcomed a commitment by the Japanese government to increase its investment in South Africa, despite the current downturn in the global economy.

"We are encouraged by the continuous support from the Japanese government and companies, and that they are prioritising South Africa," Minister Zwane said on Wednesday.

On Tuesday, he met with Parliamentary Vice Minister of Economy, Trade and Industry, Tsuneo Kitamura, on the sidelines of the Mining Indaba in Cape Town.

"It gives us confidence that our country remains a preferred investment destination. Investors are taking a long term view and are not discouraged by the current downturn in the cycle,” Minister Zwane said.

Available: http://www.sanews.gov.za/business/japan-increase-investment-sa 

About The Project

South Africa's conduct of international relations, especially its role in international organisations like the UN Security Council, its choice of strategic partnerships, its leadership role in Africa, its public engagement and foreign policy decision making, has been intensely debated in the recent past. The FPA programme aims to provide a nuanced analysis and facilitate a structured discussion of South Africa's foreign policy in a changing world environment for purposes of informing its future direction.

Aims and Objectives of The Project

The purpose of this focus area is to unpack the extent to which the policy in its making, its nature and its application constitutes a principled and pragmatic response to a complex international environment. In doing so, we hope to be guided by an objective to promote a foreign policy that positions SA as a responsible global citizen committed to building bridges between various power blocs for the benefit of Africa and South Africans.

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