President Cyril Ramaphosa hosts Chancellor Olaf Scholz on official visit

Africa: President Cyril Ramaphosa will host the Head of Government of the Federal Republic of Germany, His Excellency Chancellor Olaf Scholz, on an official visit on Tuesday, 24 May 2022, at the Union Buildings, Pretoria.

President Ramaphosa has invited Chancellor Scholz to visit South Africa, and he will be accompanied by senior authorities and business executives.

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Because of the strategic nature of South Africa’s relationship with Germany, the visit is crucial.

Germany is South Africa’s second-largest trading partner and, in tourism, the third largest single source of overseas arrivals.

Germany is also a significant investment source and development partner.

President Ramaphosa and Chancellor Scholz will exchange opinions on a number of issues of bilateral and international concern, including methods to improve cooperation in areas such as energy and climate change, trade & Investment, and responses to COVID-19 & vaccine demand.

They will also discuss developments on the African continent and internationally, including the disruption in Ukraine and its effect on the international economy, food and energy security.

Germany also carries the G7 Presidency for 2022, and in this context, the leaders will exchange thoughts on Germany’s G7 priorities and how these could benefit emerging economies and the African continent in particular.

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Trade and Investment are primary components of bilateral relations. South Africa’s total trade with Germany is R266 billion, and its exports, a big percentage of which consists of value-added products, account for R155 billion a year.

About six hundred German companies are represented in South Africa and are a source of investment, employment and skills development.

President Ramaphosa will also join Chancellor Olaf Scholz for the launch of a South African-German consortium that will advance technology research for the production of sustainable aviation fuels.

This engagement will be hosted at Sasol Place in Sandton.