Deputy Prime Minister Marco Hausiku has called for the strengthening of the Africa-South America Co-operation Forum in the future in order to cement business ties within the developing world.
Hausiku was speaking at the recently concluded Africa-South America Forum in Equatorial Guinea.
The 3rd Africa –South America Co-operation Forum was also attended by other international leaders including Nigeria’s Goodluck Jonathan, African Union chairperson Nkosazana Dhlamini Zuma, and President of Brazil, Dilma Rousseff.
Hausiku, who led a 13-member Namibian delegation including Calle Schlettwein, Minister of Trade and Industry, Lineekela Mboti, Namibian Ambassador to Brazil, Anne Mutelo, Namibian Ambassador to Ethiopia and other high ranking experts from Government ministries, said the earlier engagements in the two previous forums has created ways of co-operation.
“On the occasion of our 2nd Summit in Margarita Island, Venezuela in 2009, we mobilised the necessary political will and commitment towards the full and effective cooperation in political, diplomatic, and socio-economic areas.
“The peoples of South America and Africa share a common historical background of waging the struggle for freedom and self-determination,” Hausiku said.
Hausiku added, “The achievements and challenges of our partnership provide an opportunity to build on the outcomes of the Margarita Summit.
“We believe that the partnership continues to be a model of South-South Cooperation and creates a framework to promote fruitful, effective and mutually beneficial partnerships to promote win-win outcomes for both sides. Our 3rd Summit today built on these outcomes by adopting institutional and cooperative framework.”
According to Hausiku, Namibia appreciates the creation of a workable financial formula to finance the projects that might come between Africa and the Americas.
The summit is also part of the promotion of South-South co-operation.
Namibia is also in the midst of creating a new market for the its products in the emerging market in order to cut down on the heavy reliance in the European market which has been coming with stringent and difficult conditions of late.