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SA, France sign joint communique

This was the first meeting of the recently revived France-South Africa joint economic committee.

FILE: Trade and Industry Minister Rob Davies. Picture: Giovanna Gerbi/EWN.

CAPE TOWN - Trade and Industry Minister Rob Davies and his French counterpart, Matthias Fekl have signed a joint communique following talks aimed at boosting trade and investment between the two countries.

The bi-lateral discussions were held in Parliament on Tuesday.

This was the first meeting of the recently revived France-South Africa joint economic committee, established more than five years ago.

Fekl said 300 French companies invested have so far created 23,000 direct jobs.

"France today wishes to deepen our partnership, a dynamic partnership, with South Africa, which is of great quality but which still can be reinforced."

Davies, meanwhile, said France was an important trading partner for South Africa.

"France is our third largest trading partner in the European Union, our total trade has pretty well by now recovered to the levels it was at in 2008."

South Africa's new tighter visa regime was among the issues discussed.