India and South Africa: Shaping a New World Order
South African Deputy Minister of Trade and Industry Zuko Godlimpi highlighted India's pivotal role in reshaping the global order, emphasizing the strategic partnership between India and South Africa beyond mere trade. The partnership, focused on development and economic reforms, aims to solidify their influence within the Global South.
- Country:
- South Africa
India is poised to play a significant role in the transformation of the post-World War II world order, now teetering on the verge of collapse. South African Deputy Minister of Trade and Industry, Zuko Godlimpi, addressed this pivotal issue during the 2nd annual India-South Africa Business Conclave in Pretoria.
Godlimpi noted that as a young democracy born two years after World War II, India now finds itself in a distinct position. By the centenary of its independence in 2047, India aims to transition from a junior partner to a senior partner in crafting this new world order. The strategic alliance between India and South Africa is deeply rooted in development, industrialization, and global economic reform, challenging the status quo at international forums like the WTO.
The partnership extends beyond trade, which exceeds USD 12 billion annually, delving into moral, political, and technological domains. Key areas for investment and cooperation include renewable energy, pharmaceuticals, critical minerals, agro industries, and information technology. Godlimpi emphasized the importance of sustainable access to critical minerals, urging India to forge supply-chain partnerships with African nations.
ALSO READ
-
Iranian Coast Guard fires warning shots at tanker; Indian crew safe
-
India never offers any duty concessions in dairy sector under FTAs: Goyal
-
Dinesh Trivedi appointed India's next envoy to Bangladesh amid efforts to reset ties
-
ITTF World Team Table Tennis C'ship: Manika, Manav to headline Indian contingent
-
Anshul Mishra crowned India No. 1 Amateur golfer