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South Africa wants outreach to Africa at G20 summit: President Zuma

CAPE TOWN, Sept. 1 (Xinhua) -- South Africa's participation in the G20 summit is to provide a strategic foresight in establishing an economic and international policy platform, President Jacob Zuma said on Thursday.

South Africa wants thesummit to drive and negotiate the best possible outcomes for South Africa,Africa and the developing world, Zuma said in a statement before leaving forChina to attend the G20 Summit in Hangzhou.

An important part of SouthAfrica's G20 strategy is the outreach to Africa, Zuma added.

As the only permanentAfrican member of the G20, South Africa has used its participation to raiseissues of concern to Africa with other G20 members.

In addition, development isan important priority for South Africa in the G20, said the president.

In this regard, SouthAfrica serves as a Co-chair of the G20 Development Working Group.

The summit is to be held inHangzhou from September 3 to 5 under the theme: "Towards an Innovative,Invigorated, Interconnected and Inclusive World Economy."

Under the umbrella of thisoverarching theme, China, as the current President of the G20, identifiedspecific priority areas that are aimed at addressing current global economicchallenges and are intended to give a focus to the work of the G20 during 2016.

The G20 leaders areexpected to discuss these specific priority areas during the Summit, namely:breaking a New Path for Growth, More Effective and Efficient Global Economicand Financial Governance, Robust International Trade and Investment and,Inclusive and Interconnected Development.

South Africa is a member ofthe G20, which consists of 19 countries plus the European Union (EU). G20members have been meeting regularly since 1999 to discuss global economicpolicy coordination. The G20 is conceptualized to stabilize and strengthen theglobal economy, by bringing together the major advanced and emerging marketeconomies.

Also on Thursday, thePresidency said South Africa's priorities in the G20 for 2016 include strong,sustainable, balanced and inclusive growth, decent employment, efficient andresponsive economic infrastructure, increased investment in infrastructure, reducingillicit financial flows through coordination of international tax, coordinationof international financial regulatory developments and internationalcoordination on development, which includes domestic resource mobilization(DRM) and ensuring synergy with UN processes on the post-2015 developmentagenda and financing for development.

Whilst in Hangzhou, Zumawill have a bilateral meeting with his Chinese counterpart Xi Jinping as wellas meet leaders of the BRICS nations, who annually meet on the margins of theG20 summit, presidential spokesperson Bongani Ngqulunga said.

It is also expected that atrilateral meeting between South Africa, Chad (Chair of the African Union) andSenegal (Chair of the New Partnership for Africa's Development, or NEPAD) will takeplace on the sidelines of the summit. Zuma is also expected to interact withrepresentatives of the Business 20 (B20), according to the spokesperson.

Following the conclusion ofthe G20 summit, Zuma will travel to Guangzhou in Guangdong Province, where hewill attend the "2nd Investing in Africa Forum" on September 7,Ngqulunga said.

Zuma will be accompanied bythe Minister of International Relations and Cooperation, MaiteNkoana-Mashabane, and Minister of Finance Pravin Gordhan to the G20 summit andwill be joined by Minister of Trade and Industry, Rob Davies and the DeputyMinister of Transport, Sindisiwe Chikunga for the 2nd Investing in Africa Forumafter the G20 summit.


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