India and South Africa Strengthen Ties Through Economic Cooperation Discussions
South African Deputy Prez Mashatile, EAM Jaishankar Discuss Deepening Longstanding Ties

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External Affairs Minister S. Jaishankar met South African Deputy President Shipokosa Paulus Mashatile in New Delhi to enhance bilateral cooperation. They focused on trade, investments, and collaboration in the MSME sector, aiming to deepen longstanding ties and address mutual challenges in economic growth.
- 01EAM S. Jaishankar and Deputy President Mashatile discussed enhancing cooperation in trade, investments, and infrastructure.
- 02Both leaders emphasized the importance of their countries' collaboration in international forums as BRICS members.
- 03The meeting included discussions on strengthening the MSME sector, vital for economic growth and employment.
- 04Mashatile's visit aims to bolster bilateral trade and investment, concluding on June 3.
- 05Key areas of cooperation identified include access to finance, enterprise formalization, and digitalization.
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On May 29, External Affairs Minister S. Jaishankar met with South African Deputy President Shipokosa Paulus Mashatile in New Delhi to discuss enhancing cooperation across various sectors. The leaders agreed to strengthen ties in trade, investments, and infrastructure, building on their shared history as BRICS members and influential voices in the Global South. Mashatile, who is on a six-day visit to India, emphasized the need to expand relations, particularly in economic areas. Both sides recognized the significance of the Micro, Small, and Medium Enterprises (MSME) sector for economic growth and employment generation. Discussions included enhancing access to finance, promoting enterprise formalization, and accelerating digitalization in MSME development. The meeting, attended by key government ministers from both nations, reflects a commitment to deepen bilateral engagement and foster a supportive ecosystem for MSMEs, ultimately aiming to address poverty, unemployment, and inequality in both countries.
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The discussions are expected to enhance economic collaboration between India and South Africa, benefiting both nations' MSME sectors.
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