Visit by France’s former Minister for Trade, Christine Lagarde
Ms Christine Lagarde, French Trade Minister, visited South Africa from 12 to 14 November 2006.
She opened the first France-South Africa Forum (13-14 November 2006), which aims to consolidate ties between French and South African business, and to encourage them to make joint investments on the African continent.
In the presence of French trade advisors working in South Africa and the rest of Africa, Christine Lagarde said that “investments in South Africa were risk free” as no incident had been reported to French authorities in the past five years.
During her discussions with her counterparts, the Minister of Trade and Industry, Mr Mandisi Mpahlwa, the Minister of Public Enterprises, Mr Alec Erwin, and the Minister of Transport, Mr Jeff Radebe, Ms Lagarde pointed out that French investments in strategic South African strategic energy and transport sectors had been consolidated. In this regard, a joint declaration on the transport sector was signed with Mr Radebe.
In addition, Ms Lagarde confirmed that as long as the 2010 Soccer World Cup constituted an important milestone for South Africa as host, “French investments would remain in the country.”
Ms Lagarde also considered the position of women in the South African economy. She had discussions with leading black businesswomen from the South African private sector, some of whom are partners of French companies. Lastly, she presented the decoration of the Knighthood of the National Order of Merit to Ms Sophie Ferrand-Hazard, Director General of the French-South African Chamber of Commerce.
- Denis Pietton, France’s Ambassador to South Africa, Bruno Durieux, former minister and Christine Lagarde, Minister for Trade.
Photo: Irchad Razaaly
French Economic Mission in South Africa:
French-South African Chamber of Commerce and Industry: