
Economic cooperation between Serbia and the Republic of South Africa (RSA) holds significant potential for strengthening in the fields of energy, mining, agriculture, and pharmaceuticals, it was stated today at a meeting between Mihailo Vesović, Vice President of the Chamber of Commerce and Industry of Serbia (CCIS), and Alvin Botes, Deputy Minister of International Relations and Cooperation of the RSA.
The meeting participants agreed that additional momentum for cooperation could come from the potential opening of a CCIS representative office in South Africa.
“Cooperation with the entire African continent is very important to us, especially with South Africa, where we see strong potential for enhancing collaboration in energy, renewable energy sources, agriculture, pharmaceuticals, as well as in the ICT sector, construction, logistics, and other areas,” Vesović emphasized.
He noted that, in order to further advance economic relations, it would be important for a business delegation from Serbia to visit South Africa in the near future, to explore opportunities for joint investments and joint appearances in third markets with local business representatives.
Vesović also highlighted Serbia’s strategic position in the region, as well as the opportunities that will open up for South African businesses during the international exhibition Expo 2027.
Botes recalled the historical ties between South Africa and the former Yugoslavia, stressing the importance of building on these strong foundations to further develop economic relations between the Serbian and South African business communities. He particularly pointed out the potential for cooperation in energy, mining, the food industry, and other sectors, noting that in the coming period it is necessary to accelerate and concretize business ties between the two economies.
The Republic of South Africa is a developed market with vast mineral resources and a strong industrial base, serving as a hub for numerous international companies across various sectors. Key industries include steel production, construction, energy, and manufacturing, among others.
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