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SA committed to policy certainty, says Paul Mashatile at France meeting
SA committed to policy certainty, says Paul Mashatile at France meeting

The Herald

time21-05-2025

  • Business
  • The Herald

SA committed to policy certainty, says Paul Mashatile at France meeting

'On the trade side, we need to extend our trade basket and SA will be a partner for high value-added products. We have a list of the top 100 products we would like to introduce to the French markets through inward buying, exhibitions and sourcing,' he said. Also speaking at the conference, Laurent Saint-Martin, French minister of commerce, said France was a gateway to the European market. 'France has been the most attractive destination for foreign investment in Europe for six consecutive years,' said Saint-Martin. He said the European market had more than 415-million people and strong infrastructure. He said companies including SA's Sibanye-Stillwater had taken advantage of potential in Europe. Philippe Labonne, CEO of Africa Global Logistics, said SA was considered a gateway for Africa. He said there were more than 480 French companies and their local branches in SA, representing 65,000 direct jobs. 'We are ready for many more partnerships with your country and with South African companies. French companies are interested. We have built strong partnerships with South African companies to release the potential of the country and the region,' he said. Labonne said there were opportunities to invest in infrastructure, including building roads, railroads, ports and sanitation. 'We have great experience in agro-processing which is also a priority sector.' TimesLIVE

France and its partners will not yield to US threats, says French trade minister
France and its partners will not yield to US threats, says French trade minister

Arab News

time13-03-2025

  • Business
  • Arab News

France and its partners will not yield to US threats, says French trade minister

PARIS: France and its partners, such as the European Union, will not yield to US tariff threats and France will protect its industries, said French trade minister Laurent Saint Martin on Thursday. 'Donald Trump is launching the escalation in the trade war he chose to start. France remains determined to respond with the European Commission and our partners,' Saint-Martin wrote on X. US President Donald Trump said earlier that the US will put 200 percent tariff on all wines and other alcoholic products if the EU does not remove tariff on whiskey.

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