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A historic milestone

South Africa assumes G20 presidency; vows inclusivity, sustainability

by Blitz India Media
December 8, 2024
in Tanzania
A historic milestone

CAPE TOWN: South African President Cyril Ramaphosa officially launched the country’s G20 presidency on Tuesday, declaring the country’s commitment to fostering a more inclusive, equitable, and sustainable world, reported news agency Xinhua.

Speaking at the official launch at the country’s legislative capital here, Ramaphosa highlighted South Africa’s assumption of the presidency on December 1, a historic milestone as the first African nation to lead this influential group of the world’s largest economies.

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“South Africa’s G20 presidency takes place at a moment in which the world is facing severe challenges, including climate change crisis, inequality and poverty, subdued outlook for global economic growth, and geopolitical instability,” he said, and added, “working together with G20 members and building partnerships across society, South Africa will seek to harness global will and capabilities to confront these challenges.”

Specifically, the country will lead the group to seek inclusive economic growth, achieve global justice, eradicate poverty and hunger, and combat climate change for a sustainable future, he said. Reflecting this ambition, he said South Africa has adopted the theme, ‘Solidarity, Equality, and Sustainability’ for its presidency.

“In line with our theme, we will seek to strengthen and advance the international effort to achieve the Sustainable Development Goals by 2030,” Ramaphosa said. “We will use this moment to bring the development priorities of the African continent and the Global South more firmly onto the agenda of the G20,” he added.

Key focus areas for South Africa’s presidency include strengthening disaster resilience, ensuring debt sustainability for low-income countries, mobilising finance for a just energy transition, and leveraging critical minerals for inclusive development, he said.

Concluding his speech, Ramaphosa said that South Africa’s presidency will culminate in the G20 Leaders’ Summit in November 2025 in Johannesburg, where world leaders will adopt a declaration outlining collective actions to address critical global challenges.

With over 130 meetings planned and tens of thousands of participants from nearly 30 countries and more than 20 regional and international organisations expected to arrive in South Africa during its G20 presidency, he said it is an opportunity to showcase the country’s immense potential and unique experiences to the world.

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