TICAD9 comes at critical juncture for global peace, trade: Presidency


President Cyril Ramaphosa will participate in a number of plenary sessions at the Tokyo International Conference on African Development (TICAD) in Japan.

The Summit takes place at a time of unprecedented threats to global peace and security, ongoing conflicts in some regions of the world, and disruption to global trade.

In a statement, the South African presidency says rising fuel, food, and energy prices have severely impacted developing countries. It says the debt and liquidity crisis on the African continent is worsening the challenging socio-economic environment.

Government further says the African Union discussions with the government of Japan under the auspices of TICAD present an opportunity for the two sides to engagements that seek to foster collective solutions to these challenges.

Accompanied by several ministers and senior government officials, President Ramaphosa will pursue bilateral economic engagements to strengthen trade and investment between the two countries.

He will also meet with the Japanese Prime Minister Shigeru Ishiba and advance South Africa’s Presidency of the G20.

Presidential spokesperson Vincent Magwenya says further investments will be the centre of the talks.

“President Ramaphosa will hold talks with Prime Minister Isheba of Japan as well as engage with the leading captains of Japanese industry and business. Japan is one of South Africa’s major economic partners with sizeable investment in the South African economy and the potential for further investments.”