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EU Rapporteur: Trade answer to geo-political tensions
The South Africa Europe Dialogue is now in it's 10th year, a forum where European and African political and business leaders are meeting to strengthen strategic relationships across both sectors. CNBC Africa's Dewald Rademeyer spoke to Enrico Letta, an EU Rapporteur about his view on policy reform, which sector needs to be focused on, skills transfer and where the funds are to fund renewable energy for more.
Fri, 10 Nov 2023 10:55:22 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Enrico Letta highlights the need for a level playing field in trade to ensure long-term investment certainty.
- Renewable energy emerges as a key priority for Europe and Africa, signaling the importance of collaboration in this sector.
- The interview emphasizes the significance of skills transfer and education exchanges to drive sustainable development and address inequalities.
The South Africa Europe Dialogue, a platform for European and African political and business leaders to enhance strategic relationships, recently held its 10th annual meeting. In a recent interview with CNBC Africa, Enrico Letta, an EU Rapporteur, highlighted the significance of trade in addressing geo-political tensions between the two regions. Letta underscored the need for a level playing field in trade, emphasizing the importance of strong, binding institutions to provide certainty for long-term investments and to prevent political interference in business operations. He stressed the need for cooperation between Europe and Africa, particularly in the renewable energy sector. Letta identified renewable energy as a top priority for both regions, noting the importance of sharing resources and technologies to drive sustainable development.
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