During her visit to South Africa for the G20 meetings, UK Chancellor Rachel Reeves emphasized the strong economic ties between the UK and South Africa. She highlighted significant UK investments and announced initiatives aimed at improving infrastructure and promoting sustainable growth. Reeves reaffirmed the UK’s role in supporting urban development and enhancing cooperation with local governments.
The Rt Hon Rachel Reeves MP, the UK’s Chancellor, recently engaged with key stakeholders at the G20 finance ministerial meetings in South Africa, reinforcing the UK’s commitment to mutual economic growth. She stressed the importance of South Africa in achieving the UK’s Growth Mission, pointing out that the UK is the country’s largest investor, with investments exceeding R500 billion.
Chancellor Rachel Reeves has underscored the integral role of South Africa in the UK’s economic strategies, emphasizing infrastructure development, urban planning, and sustainability initiatives. By fostering a UK-South Africa Growth Partnership, the UK aims to boost economic growth and job creation in both nations through enhanced infrastructure and free trade.
Original Source: www.gov.uk
