Honourable Members,   Part of a comprehensive response to global economic trade flow disruptions is the acceleration of the diversification of markets and products of South African exports.   While we are actively engaged with both the both the European Union and the United States on negotiating trade matters, we are prioritising implementation of the African Continental Free Trade Area and expanding export initiatives to established and emerging markets globally.   The aim is to expand opportunities for South African products across a range of sectors, to develop increased resilience of South African exports in dynamic global markets, and to manage the risk that results from targeting too few markets.   While the recent tariffs are likely to disrupt export flows, they can also serve as a catalyst for deeper continental integration and faster implementation of the African Continental Free Trade Area’s trade liberalisation and industrialisation agenda.   South Africa’s strategic investment drive aims to attract increased foreign direct investment and reinforce domestic investment in key productive sectors.   Priority areas include manufacturing, renewable energy, mining beneficiation, ICT and agro-processing.   These are all important for expanding industrial capacity, promoting localisation and creating sustainable employment.   Over the past few months, I have personally engaged with many investors to ensure we both understand impediments to investment and work closely with ministers to ensure that we create an investor friendly environment.   Through strategic infrastructure investment in energy, transport and digital systems, we are improving industrial competitiveness, reducing the cost of doing business and supporting long-term economic growth.   This is further advanced through policy and regulatory reforms to enhance investor confidence and simplify investment procedures, with initiatives such as InvestSA providing one-stop investment facilitation.   Partnerships with the private sector and development finance institutions are being used to mobilise capital for strategic projects, while promoting green and inclusive industrialisation.   The B20 process – which is taking place alongside the G20 – is an important opportunity for the many companies thatwill be visiting South Africa to explore bilateral opportunities, seek partnerships and achieve a greater understanding of the many opportunities available in South Africa.   All of the interventions we are making are aligned with South Africa’s commitments under the African Continental Free Trade Area aimed at diversifying the economy, strengthening local value chains and positioning South Africa as a leading investment destination on the Continent.   I thank you. #RamaphosaQandA