Saturday, June 15, 2024

United States and European Union Back Lobito Corridor for Trade Advancement

Share

The United States and the European Union have officially expressed their support for the Lobito Corridor, a significant trade initiative spearheaded by Zambia, Angola, and the Democratic Republic of Congo. In a joint statement issued during the ongoing G20 Summit in India, both the USA and the EU applauded the recent commitment made by these African nations to advance the project.

This partnership declaration, available on the White House website, underscores the collaborative efforts of the European Union and the United States to contribute to the development of the Lobito Corridor. One of the key initiatives mentioned is the launch of feasibility studies for a new Greenfield rail line expansion between Zambia and Angola.

The USA and the EU have joined forces with the three African countries involved in the Lobito Corridor project, leveraging financial resources and technical expertise to expedite its development. The collaborative effort also encompasses investments in digital access and agricultural value chains, which are expected to enhance regional competitiveness.

The primary objective of the Zambia-Lobito railway line is to reduce transport times, lower logistics costs, and reduce the carbon footprint associated with the export of metals, agricultural commodities, and other products. This initiative is poised to streamline trade routes and bolster economic connectivity between Zambia, Angola, and the Democratic Republic of Congo.

The Lobito Corridor project is seen as a critical catalyst for economic growth and trade facilitation in the region, and the backing of the United States and the European Union is expected to further accelerate its progress.

13 COMMENTS

  1. Excellent work by the new dawn. This government is working hards for our people unlike that lazy and thuggish government we had

    6
    3
    • @Grant kawolala
      Have you noticed that every time you criticise people for complimenting the UPND govt, you sound very stupid because even die hard pf praise thugs like tayali are criticizing lazy lungu sometimes

      0
      1
  2. @Tarrino Orange
    Have you noticed that every time you praise UPND you sound very stupid because even die hard praise singers Spaka and TIKKI are criticizing HH sometimes

    1
    3
  3. …………

    These are the inter African agendas for trade the will develop Africa………

    Why should we export our raw materials only to be imported back as finished goods ??

  4. All thanks to the lobito corridor project,, actually some of us have Even started benefitting from this multidollar project..we have been trained in different skills and in construction management..
    All thanks to the African development bank and ministry of commerce.,we are waiting for you lobitor corridor project

    2
    1
  5. Anything supported by white people does not bring value to Zambians.or Africans. When white people ask you to increase the cost of living for your people and get minerals for free, you need to be very dull to support them. We have an inferior government and the likes of Tarrino are busy celebrating.

  6. Jesu christu.
    Chapwa ama minerials yesu yapyamo. With the so called africon, that man in plot one and that corridor, it proper looting down south west and tumbwi pa Atlantic ocean then US or Europe.
    Yaba, Zambia baligoleka zoona. Zambians also, how did you end up with this.
    I hate the World bank and IMF. These two demons are as worse as Lucifer. Bushe nkabwela uko?

  7. The Lobito Corridor project is seen as a critical catalyst for economic growth and trade facilitation in the region, and the backing of the United States and the European Union is expected to further accelerate its progress.
    Don’t say I didn’t warn you. These are lies of the highest order. When you think about, relate to what the US calls American interest. Those interests will eventually hurt Zambia in future.
    Zambians listen to the voice of reason. Ignore at your own peril. At least some of our future is secured but yours remain in shambles with western interests like this. Since when did the US and allies ever do something for you for free. Think. Repent. Galamukani. Africom will defend America interest.

  8. Criminals who steal our mineral resources in Africa must NEVER be entertained.
    America has caused a lot of havoc in Africa to hell with their money. Believe you me we are better off without them.

  9. You would’ve to be the biggest ignoramus / foo1 to believe that anything enthusiastically backed by America and the EU is in the interest of your country. THE WEST ALWAYS LOOKS OUT FOR THEIR OWN INTERESTS. That’s their Modus Operandi for centuries. If you think that they’re supporting this to help develop Zambia, Congo and Angola, then I feel sorry for you. Watch the ships that’ll be docked at the Angola Port, at the end of this railroad. The ships will be headed to the Americas and to Europe–packed with your mineral resources, leaving you holding an empty bag. Wake up, fool!!!!

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading