FILE: President Barack Obama receives His Excellency Palan Mulonda, Ambassador of the Republic of Zambia, during an Ambassador Credentialing Ceremony in the Oval Office, Jan. 14, 2013. (Official White House Photo by Lawrence Jackson)
FILE: President Barack Obama receives His Excellency Palan Mulonda, Ambassador of the Republic of Zambia, during an Ambassador Credentialing Ceremony in the Oval Office, Jan. 14, 2013. (Official White House Photo by Lawrence Jackson)

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.

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8 COMMENTS

  1. Lets hop we r all seein the results. Edgar lungu is the man 4 the job,lets jus sit back and let him and his team lead us

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    • Exposed and rounded up Zambians we need to encourage and help follow up on this Economic Diplomacy to go beyond political rhetoric. It’s time to inspire our Government to get entrenched in a Smart Foreign Policy (FP) doctrine that is systematic in seeing that the East-West rivalry this time, presents us as a non-aligned nation a good wiggle room for gainful bilateral corporation. It’s time we got deeply entrenched in Economic Diplomacy. Let tap from both blocks for capital investment, markets, science and technology, Agriculture, skills and property development to mention but a few. Encourage some sister cities ties focused on a culture of knowledge transfer and investment promotion between our cities and foreign ones. There are big dividends in these strategic corporations.

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  2. Very good news and more evidence in the confidence our USA friends have in Zambian Gov’t.

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  3. It is just an opportunity for a picture. America cant support a country that has one foot in China and want another in the west.

    A double minded man is unstable in all his ways. The important ally for Zambia is China and that is why the president is there right now. If it was Lungu meeting Obama , it could have carried substance.

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  4. And that’s the sad part of it: topic is trade, and ambassador starts praising America for Aid to Zambia! And what areas of trade between America and Zambia? Or is trade understood here as more American products on Zambian market or more American companies investing in zambia???!!!

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  5. “The two envoys agreed to make Zambia the preferred investment destination by American companies.” I don’t believe the American man said that Zambia is to be the preferred investment country in Africa. I think he said one of the preferred investment country. American preferred investment countries in Africa will continue to be South Africa, Kenya and … Zambia will be one of the preferred investment country if Changwa’s violet PF stops being violent. In any case, this is good news. But what good products can Zambians export to America when they can’t really produce good products on the local market

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