- The Washington Times - Monday, August 4, 2014

Calling South Africa a “success story,” South African President Jacob Zuma said his country is positioned to be a global trading power.  

“We really have a good story to tell about 20 years of South Africa’s democratic rule, but we are also the first to admit that our work is not yet completed,” he said on the opening days of an unprecedented summit in Washington with more than 40 African heads of state. “We still have a long, hard road ahead of us as we confront the triple challenges of unemployment, poverty and inequality.” 

A country once plagued by unemployment and poverty, Mr. Zuma cited South Africa’s Vision 2030 that seeks to end poverty and create 11 million jobs by 2030.

“We want poverty to be history, unemployment to be reduced and growth to average an annual 5.4 percent,” he said. “These are not easy targets.” 

Speaking at the National Press Club, Mr. Zuma’s remarks highlight the talks currently taking place at the White House as part of the U.S.-Africa Summit. Mr. Zuma stressed that South Africa’s welfare is contingent on the continent’s success. 

“Let me hasten to add that South Africa will succeed, not alone, but as part of the broader African success story,” he said. 

Mr. Zuma said he has already met with the U.S. Chamber of Commerce and announced 600 U.S. companies are investing in South Africa. 

In the first quarter of 2014, trade under the African Growth and Opportunity Act (AGOA), which encourages African countries to open their markets, totaled $11.9 billion. 

 

 

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