Zambia and the United States of America (USA) have agreed to increase trade and investment in Zambia.
United States Ambassador to Zambia Erick Shultz and Zambian Ambassador to the US Palan Mulonda made the commitment when they held a meeting in Washington DC to discuss areas of mutual cooperation yesterday.
The two envoys agreed to make Zambia the preferred investment destination by American companies.
Mr. Shultz also observed that Zambian companies need adequate incentives in order to grow their businesses which he said were a key for them to effectively participate in the Africa’s Growth and Opportunity Act (AGOA).
And Mr. Mulonda said Zambia was indebted to the US government for the support in the health sector which dates back to many years ago.
He said the Zambian mission in Washington DC will continue to make strategic partnerships between Zambia and the US in key areas of agriculture, education, trade and investment.