By SA News
South Africa’s President Jacob Zuma will on Friday host Namibian President Hage Geingob, who will be in the country for the 2nd Session of the South Africa-Namibia Bi-National Commission (BNC).
The main objective of the BNC will be to coordinate and facilitate bilateral cooperation between the two countries, the Presidency said on Tuesday. The two delegations will assess progress in the implementation of bilateral projects and exchange views on issues of common concern.
The two neighbouring countries elevated their structured bilateral mechanism to the level of the Bi-National Commission in 2013, which is presided over by the Heads of State. They enjoy strong political, economic and social relations, covering a wide range of areas. These include transport, trade and investment, health, education, environmental issues, water, science and technology, agriculture, justice, immigration, energy, finance, culture, security and sport.
South Africa is the source of 66% of Namibia’s imports and is responsible for approximately 80% of investments in key industries such as mining, retail, banking agriculture and insurance, among others.
Namibia’s main exports to South Africa include beverages, livestock, meat products, fish and minerals. South Africa’s exports consist of vehicles, machinery, pharmaceuticals, processed food, clothing, cement, petroleum and petroleum products, and iron and steel.
Imports from Namibia stood at R6 481 614 826, while exports to Namibia were at a value of R52 862 722 906 last year.
President Zuma will be accompanied by International Relations and Cooperation Minister Maite Nkoana-Mashabane; Trade and Industry Minister Rob Davies, Water and Sanitation Minister Nomvula Mokonyane; Science and Technology Minister Naledi Pandor; Agriculture Minister Senzeni Zokwana; Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula and Higher Education and Training Minister Blade Nzimande.
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