(Ecofin Agency) – South Africa and Great Britain are now bound by a co-production treaty in the field of television. The agreement builds on a pact that already exists between the two States in cinema.
The treaty signed on 7 July 2016, will strengthen the links between South Africa and the UK, in the television industry. It will also encourage the sharing of knowledge and ideas and stimulating economic growth through the TV production.
The parties having negotiated are, firstly, the UK Department for Culture, Media and Sport and the British Film Institute and on the other hand, the South African Department of Arts and Culture.
In South Africa as in UK, tax exemptions will be granted to TV productions selected under this treaty. South Africa has signed similar agreements with other countries, including Canada, Germany, Italy and France.
The UK Culture Minister Ed Vaizey (pictured), situates the importance of the Treaty. “The British TV production has a successful history. But we must ensure that the UK remains well positioned to capitalise on opportunities that arise through international collaboration. This new agreement strengthens our already solid relationship already with South Africa and will enable production companies of both countries to enjoy the benefits of co-production,” he explains.