SOUTH AFRICAN FOREIGN MINISTER IN BONN FOR ANNUAL G20 MINISTERIAL MEETING

PRETORIA, South African International Relations and Co-operation Minister Maite Nkoana-Mashabane has left for Germany to attend the annual meeting of foreign ministers of the Group of 20 (G20) leading developed and emerging economies being held in Bonn on Thursday and Friday.

The meeting to discuss global economic policy co-ordination is being attended by representatives of the leading advanced and emerging market economies which together represent around 85 per cent of global GDP, 80 per cent of global trade and two-thirds of the world’s population.

This year’s meeting will be held under the theme “Shaping the global order: Foreign policy beyond crisis management”.

“South Africa’s participation in the G20 is informed by the National Development Plan and the strategic imperative to negotiate the best possible outcomes for South Africa, Africa and the developing world,” says the Department of International Relations and Co-operation.

Given the increasingly political and foreign policy dimension of these new issues, “it is anticipated that the foreign ministers will play an increasingly more prominent role in the work of the G20”.

Germany, which assumed the Presidency of the G20 last December, unveiled its over-arching theme for its term as “Shaping an Inter-connected World” with the sub-themes of “Building Resilience”, “Improving Sustainability” and “Assuming Responsibility”.

The sub-theme of “Building Resilience” will focus on the world economy, trade and investment, employment, strengthening the international financial architecture, financial markets and international tax co-operation.

Under the sub-theme of “Improving Sustainability”, the focus will be on climate and energy, the 2030 Agenda for Sustainable Development, digitalisation, global health, seizing the opportunities of digital technology and empowering women.

The sub-theme on “Assuming Responsibility” will focus on tackling the causes of displacement, the partnership with Africa, fighting terrorism, anti-corruption, and agriculture and food security.

The ministers will also deal with issues of contemporary and future global security and development matters.

Source: NAM NEWS NETWORK