SA and America must strengthen trade relations: US diplomat
Updated | By Khatija Nxedlana
American diplomat, Brian Phipps, doesn't think trade relations between South Africa and the US will be affected when Donald Trump occupies the White House.
Trump will be the 45th president of America, after pulling-off a shocking win against Democrat candidate, Hillary Clinton - following yesterday's US presidential election.
Brian Phipps - the Counsellor for Political Affairs in the Embassy of the United States of America, spoke at an event hosted by the Consul General in Durban, this morning.
He says trade is the lifeblood of the global economy.
"South Africa's exports to the US - whether it's motor vehicles, wine, or citrus - have been very, very important, and responsible for thousands and thousands of South African jobs. With your very high unemployment rate, you need to create more jobs - and a great way of creating jobs is through exports, and building your export markets to the US," he said.
ALSO READ: China is SA's largest trading partner, says Zikalala
Phipps added that America is a big investor in South Africa, and it was important for both nations to continue to foster good economic relations with each other.
"We've got over 600 companies here, thousands of jobs are created by those investors, so our economic relationship is going to continue and to prosper," he said.
#USElections Close analysis of the results as they come in. The event is hosted by the Consul General of the US in Durban pic.twitter.com/ZOfYaqlKmN
— Khatija Nxedlana (@its_KhaTija) November 9, 2016
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