At the EU–South Africa Summit in Cape Town, European Commission President Ursula von der Leyen delivered a forward-looking address, reaffirming the European Union’s commitment to strengthening ties with South Africa. Accompanied by Portuguese Prime Minister António Costa, von der Leyen outlined a comprehensive strategy centered on deepening economic cooperation, pioneering clean trade initiatives, and bolstering science and technology collaborations.
Strengthening Economic Ties
In her keynote address, she highlighted the enduring strength of the EU–South Africa economic relationship, noting that annual trade between the two regions now nears EUR 50 billion. With 98% of South African exports already enjoying duty- and quota-free access to the EU market, the foundation for future growth is exceptionally strong. To build on this success, the European Commission has unveiled an ambitious new investment package exceeding EUR 4.7 billion. This initiative targets key sectors, including the clean energy transition and vaccine manufacturing, and is designed to enhance South Africa’s industrial autonomy while diversifying European supply chains.
Pioneering Clean Trade and Investment
A landmark moment at the summit was the announcement of negotiations for the first-ever Clean Trade and Investment Partnership between the EU and South Africa. Von der Leyen underscored South Africa’s potential as a global leader in clean hydrogen production, driven by its rich reserves of platinum group metals and plentiful renewable energy sources. The new partnership is set to incentivize European companies to invest in local industries, stimulate job creation, and uphold high environmental and labor standards—ensuring that economic growth is both sustainable and inclusive.
Advancing Science and Technology
Recognizing the importance of innovation, von der Leyen emphasized that South Africa is the best-represented African nation in EU research programs. With over 140 innovation projects underway and more than 1,000 South Africans engaging in academic exchanges with European universities over the past year, the collaboration in science and technology is already bearing fruit. Future initiatives, including the Presidential PhD Programme and expanded cooperation in artificial intelligence, climate research, and health innovation, are poised to further solidify this dynamic partnership.
A Shared Vision for the Future
Drawing parallels between the histories of South Africa and Europe, President von der Leyen invoked the inspiring words of South African writer Albie Sachs: “South Africa gives hope that all societies can heal, unite and emerge stronger.” In an era of global uncertainty, she reiterated the EU’s unwavering commitment to promoting peace and stability in partnership with South Africa. With South Africa slated to assume the G20 Presidency in 2025 and von der Leyen confirmed to attend the upcoming G20 Leaders’ Summit in Johannesburg, the foundation is set for even greater multilateral cooperation in addressing the complex challenges of our time.
It reinforced the existing bonds between the EU and South Africa but also laid the groundwork for a future of shared prosperity, innovation, and sustainable development.
Last Updated on May 12, 2025 by samboad
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