Wednesday, April 24, 2024

Zambia stands to benefit from AGOA extension

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Commerce Permanent Secretary Kayula Siame(r) and U.S Embassy President of America Chamber of Commerce Jason Kazilimani(l) during the American Chamber of Commerce Annual General Meeting at the American Embassy
Commerce Permanent Secretary Kayula Siame(r) and U.S Embassy
President of America Chamber of Commerce Jason Kazilimani(l) during
the American Chamber of Commerce Annual General Meeting at the
American Embassy

Government says it stands to benefit from the Africa Growth Opportunity Act (AGOA) following its further 10 year extension last year.

Ministry of Commence, Trade and Industry Permanent Secretary Kayula Siame said that Zambia is now building small scale entrepreneurs to maximize benefits of the AGOA Act.

Mrs. Siame said there is need to for technical support in the technology area so as to enable Small and Medium Enterprises (SMEs) harness new technology to increase capacity and meet international standards.

The Permanent Secretary was speaking at the Zambian Embassy in Washington DC, where she briefed Embassy Staff on the just ended 2016 AGOA forum.

This is according to a statement issued to ZANIS in Lusaka today by First Secretary for Press and Public Relations at the Zambian Embassy in the United States of America (USA), Patricia Littiya.

And Mrs. Siame said her ministry is looking at improving the standards of products such as honey, that are eligible under AGOA for exported so as to ensure their adherence to international standards.

Mrs. Siame has since described the just ended U.S-Africa Business Forum in New York as a success.

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