9.5 C
Alba Iulia
Saturday, January 28, 2023

Zambia, Angola strengthen bilateral ties

EconomyZambia, Angola strengthen bilateral ties

Zambia and Angola have signed an addendum to operationalise the Bilateral Trade Agreement that was signed in 2016.

The Agreement will see an enhancement of trade and economic relations between the two countries and ensure some products are traded duty free.

Speaking during a bilateral ministerial meeting held at the Ministry of Industry and Commerce in Luanda today, Minister of Commerce, Trade and Industry, Chipoka Mulenga said the agreement is a game changer.

“Economic and trade relations should be anchored on coexistence among private sector players as vehicles through which poverty eradication and economic growth can be attained,” Mr Mulenga stated.

Mr. Mulenga said there is a need to utilize the natural resources and geographical proximity as vehicles through deeper bilateral economic and trade relations.

He called for redefining policy and legal framework for bilateral trade and economic relations.

Mr Mulenga called for economic transformation which will translate into better lives for the people of the two countries.

And Angolan Minister of Industry and Commerce, Victor Fernandez stated that trade and bilateral cooperation are essential for the sustainable growth of countries.

He said his government recognizes the role that the private sector plays in national and economic development.

Mr. Fernandez added that his government stands ready to improve the trade deficit that exists between Zambia and Angola.

12 COMMENTS

  1. Strengthening bilateral ties is just diplomatic talk without tangible deals. Until you sign deals like president ecl was doing, all this is just hot garbage from monze

    2
    7
  2. Edgar China Lungu only BORROWED money and NEVER actually got any profitable deals going with ANY country. The ONE thing we really need from Angola is OIL. And when it comes to oil, Edgar China Lungu only STOPPED all investments in Indeni, to such an extreme that the place had to be closed down!

    3
    2
  3. But zoona Kainyokolola Zulu wa Kainyokolile pe! If Mataware Kamuzu Lungu is an Enstein Kumawa with all his kleptomaniac vices, we understand because you nearest comparable to capable leadership is Malawi where an ancient fossil called Kamuzu Fu,cked up the country and Bingu died in the office busy committing stinking adultery. These rats you like chewing are dementing you, kaci,kala wena.

  4. Look at the shameless UK based Troll/Impostor/ Fraud talking about Lazy Lungu’s success not even the fourth Mobilephone Network kicked off instead they just eat the kickback from their Angolan Investors who are nowhere to be seen. ..really laughable!!

  5. Lazy Lungu himself flew to RSA to collect his share in form of brown envelope from Isabel dos Santos…that was bilateral relations under PF!!

    1
    1
  6. Soon you will be signing bilateral talks with your own provinces. Just get on with it, if you need to trade just do it. These are your brothers and sisters, why are you being forced to use the language that was designed to marginalise you?

  7. The cost of fresh produce in Angola especially in the capital is so high…instead of signing these pointless paperwork IDC should have invested in cold storage warehousing in Mongu to help with transporting goods from other provinces in Zambia.

  8. No Action, Talk Only. We have been hearing of deals with Angola for what appears to be forever.
    There is no reason to believe this time will be any different. What really are the barriers to this trade (which trade, prima facie, appears to be straightforward)? Angola still imports beans and chicken all the way from Brazil.
    Should we perhaps try to understand why this persists as opposed to signing meaningless papers?
    Does Brazil have a monopoly which cannot be challenged? Do we lack quality food? Are there cartels in these industries?
    Surely, shouldn’t government try to resolve these issues as opposed to running to IMF and begging everyone else?
    Naleka, I am getting angry.

  9. Unilateral, bilateral, multilateral and other lateral things have been signed with only cameras for show for their operations. I doubt we have a new politics. We are slinking back to what has always subsisted. Soon we shall have people keeping things at their ill-gotten premises. Agreements, my behind.

Comments are closed.

- Advertisement -
- Advertisement -

Latest News

Ambassador George Zulu Condemns Insinuations of Corruption in Chief Mpezeni’s Visit to the President

Ambassador George Zulu, Senior Advisor to Paramount Chief Mpezeni of the Ngoni people, has condemned the recent comments made...
- Advertisement -

More Articles In This Category