South African FM decries global economic tensions, surge in conflicts

JOHANNESBURG, June 26 (Xinhua) -- South African Minister of International Relations and Cooperation Ronald Lamola on Thursday expressed concern over the current state of the global economy, highlighting geopolitical challenges and revised gross domestic product (GDP) figures from organizations like the International Monetary Fund.

"We meet today at a time of profound geoeconomic tensions that continue to weigh on the global economy. The African economies, and indeed here at home, we also face various headwinds," Lamola said during the High-Level Session of the third G20 Sherpa meeting.