The European Commission has highlighted that South Africa and the EU are holding the first government-to-government dialogue at senior level to advance the implementation of the Clean Trade and Investment Partnership (CTIP) between the two governments.
This partnership aims to reinforce clean and resilient supply chains, support local strategic industries and accelerate investments in green hydrogen and critical raw materials.
The dialogue will focus on specific CTIP business and flagship projects, trade and investment facilitation measures and regulatory cooperation.
Moreover, these efforts will prioritise the materialisation of mutual trade and investment opportunities, including South Africa’s expansion of the electricity grid, renewable energy, sustainable aviation fuels, critical raw materials, and green hydrogen.
The Commission notes that there is also a greater push to make the business environment in South Africa more transparent and predictable, thereby deepening cooperation on regulatory approaches, standards and implementation frameworks to advance the green transition.
