{"id":258311,"date":"2023-04-25T15:03:29","date_gmt":"2023-04-25T13:03:29","guid":{"rendered":"https:\/\/www.myza.co.za\/sa-finland-lay-foundations-for-improved-trade-and-investment-relations\/"},"modified":"2023-04-25T15:03:29","modified_gmt":"2023-04-25T13:03:29","slug":"sa-finland-lay-foundations-for-improved-trade-and-investment-relations","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/sa-finland-lay-foundations-for-improved-trade-and-investment-relations\/","title":{"rendered":"SA, Finland lay foundations for improved trade and investment relations"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.sanews.gov.za\/sites\/default\/files\/2012\/images\/newsstorytemplate\/202304\/finlandstatevisit.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>President Cyril Ramaphosa says he and his Finnish counterpart President Sauli Niinist\u00f6 are looking forward to engaging with businesses from both Finland and South Africa on how to improve trade and investment flows between the two countries.<\/p>\n<p>\u201cA great deal of work is already happening in this regard\u2026 It is our collective wish to see the bilateral relationship thrive and improve, especially with regards to reciprocal trade and investment,\u201d President Ramaphosa said.<\/p>\n<p>The President was speaking at a media briefing during the State Visit by His Excellency President Niinist\u00f6 at the Union Buildings in Tshwane.<\/p>\n<p>He announced that Gauteng recently entered into a cooperation agreement with the government of Finland in the fields of renewable energy and ICT infrastructure, and towards the creation of a business corridor.<\/p>\n<p>The President said that the two countries have agreed to expand Finnish-South African cooperation in the fields of water resource management, early childhood development, as well as out-of-school youth and adult education.<\/p>\n<p>\u201cWe have agreed to the proposal of EU member states that the EU-AU Data Flagship Programme\u2019s regional hub should be in South Africa<\/p>\n<p>\u201cAs South Africa and Finland, we expressed our shared commitment to preserving and strengthening the rules-based multilateral system,\u201d he said.<\/p>\n<p> President Ramaphosa highlighted that their discussions included several issues of regional and international significance, and explored ways in which they can collaborate to drive effective responses to the major issues facing humankind today.<\/p>\n<p>\u201cThese include wars, the threat of climate change, and the economic inequalities worsened by the COVID-19 pandemic. We agreed that a world free of conflict, instability, poverty, inequality, and underdevelopment is our highest aspiration, and that deepening our solidarity and cooperation is paramount,\u201d the President said.<\/p>\n<p> He said Finland is a valued friend of the South African people and a longstanding partner in development.<\/p>\n<p>Bilateral relations between Finland and South Africa are deep rooted due to Finnish support for the liberation movements in Southern Africa.<\/p>\n<p>Relations have grown since 1994 in all areas of bilateral engagement and Finnish investment is a major priority for both countries, with over R2 billion in new investments in the last three years.<\/p>\n<p>Finland is an important partner to South Africa and, despite its small population and territory; it is amongst the most developed countries in the world and provides valuable trade, investment and development cooperation to South Africa. \u2013 <strong>SAnews.gov.za<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Cyril Ramaphosa says he and his Finnish counterpart President Sauli Niinist\u00f6 are looking forward to engaging with businesses from both Finland and South Africa on how to improve trade and investment flows between the two countries. \u201cA great deal of work is already happening in this regard\u2026 It is our collective wish to see [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":258312,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[38678],"class_list":{"0":"post-258311","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-south-africa","8":"tag-sanews","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/04\/sa-finland-lay-foundations-for-improved-trade-and-investment-relations.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/258311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=258311"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/258311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/258312"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=258311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=258311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=258311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}