Donohue Encourages U.S. and South African Governments, Business Communities to Advance Commercial, Strategic Partnerships
WASHINGTON, D.C.—The U.S. Chamber of Commerce’s U.S.-South Africa Business Council (USSABC) hosted a forum today on U.S. investment in South Africa with a keynote address by South African President Jacob Zuma. Thomas J. Donohue, the Chamber’s president and CEO, welcomed Zuma, and encouraged the governments and business communities in both countries to continue to advance the U.S.-South Africa commercial and strategic partnerships.
“The resilience of the people, the emerging opportunities for American businesses, and the continued growth of this young country continue to impress me,” Donohue said. “Infrastructure investment is on the rise, manufacturing is booming, tourism is contributing to jobs and growth, and South Africa’s tech sector and digital economy continue to expand.
“We are only scratching the surface of both our commercial and strategic partnerships. For our part, the Chamber and USSABC will continue to promote the economic, political, and cultural regeneration of Africa. We want to help strengthen small- and medium-sized enterprises, create employment, improve learning and job skills, and promote basic education. These are efforts in which the U.S. business community—working in conjunction with the South African government, the South African business community, and international organizations—can make valuable contributions.
“Over the past 20 years, South Africa has undergone an extraordinary transformation in terms of improved security, economic growth, and social development. The bottom line is the U.S Chamber and our members are bullish on South Africa—on its people, its progress, and its future.”
The U.S.-South Africa Business Council serves as the premier Washington based organization dedicated to strengthening the economic relationship between the two countries. The Council represents America’s leading companies doing business with South Africa and in the Southern Africa region, and it is made up of senior executives of U.S. companies from every sector investing in South Africa.
International trade and investment is a key component of the Chamber’s 2014 American Jobs, Growth, and Opportunity Agenda, an ambitious plan to generate stronger economic growth, create jobs, and expand opportunity for all Americans.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 50 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 116 American Chambers of Commerce abroad.
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