Home / Business and Economy / Modi & Ramaphosa Boost India-South Africa Ties
Modi & Ramaphosa Boost India-South Africa Ties
23 Nov
Summary
- India and South Africa explored trade, investment, and technology.
- Discussions included cooperation in AI, critical minerals, and food security.
- South Africa is India's top trading partner in Africa.
Prime Minister Narendra Modi and South African President Cyril Ramaphosa held a productive meeting on the sidelines of the G20 Summit, focusing on bolstering the India-South Africa partnership. Their discussions encompassed a wide array of cooperation areas, including trade, investment, and critical minerals, alongside advancements in technology and artificial intelligence.
The leaders reviewed bilateral ties, expressing satisfaction with progress in trade, investment, and people-to-people exchanges. They particularly highlighted plans to enhance collaboration in AI and Digital Public Infrastructure. Both nations also committed to facilitating mutual investments, especially within the infrastructure, innovation, and start-up sectors.
South Africa's role as India's largest trading partner in Africa was acknowledged, with bilateral trade reaching USD 19.25 billion in 2023-24. The meeting also saw discussions on amplifying the voice of the Global South and South Africa's support for India's upcoming BRICS Chairship in 2026.
