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Alba Iulia
Tuesday, August 4, 2020

Zambia -Turkey business council to be established

Economy Zambia -Turkey business council to be established

ISTANBUL Gold Refinery Incorporation chairperson Ozcan Halac (right) with company general manager Aysen Esen (middle) confer with Mines, Energy and Water Development Minister Christopher Yaluma when the minister toured the plant where gold is processed in Istanbul City in Turkey
FILE: ISTANBUL Gold Refinery Incorporation chairperson Ozcan Halac (right) with company general manager Aysen Esen (middle) confer with Mines, Energy and Water Development Minister Christopher Yaluma when the minister toured the plant where gold is processed in Istanbul City in Turkey

A high level Turkish Business Mission is expected in the country on June 20, 2018 to actualize a Memorandum of Understanding that was signed between the two countries in 2016 aimed at enhancing trade.

Zambia’s Ambassador Designate to Turkey Joseph Chilengi says the visit by the Turkish Economic Relations Board to Zambia will also see the birth of the Zambia-Turkey Business Council which will enhance trade and investment between the two countries.

Ambassador Chilengi has told ZNBC’s Ahmed Mwape in an interview in Ankara, Turkey that the development follows President Edgar Lungu’s re-engineering of Zambia’s Foreign Policy to focus on economic diplomacy.

He said the Zambian Mission in Turkey has since stepped up interaction with reputable Turkish companies and captains of various industries in a bid to attract Foreign Direct Investments into Zambia.

He said the visit to Zambia by the Turkish Foreign Economic Relations Board is the first of its kind and has a well-structured framework to stimulate Trade Corporation between the two countries.

He said Zambia is poised to benefit economically after the actualization of the MoU in sectors such as agriculture, manufacturing, mining and power generation in line with the country’s seventh National Development Plan.

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