Government says the regional economic integration process that Southern Africa Development Community (SADC)Â has embarked should help in uplifting the lives of the people in the region.
Commerce, Trade and Industry Minister Felix Mutati said uplifting of peoples lives should be achieved through national and regional sustainable development.
Mr Mutati said Zambia and other countries in the region should sustain economic
development through cooperation and expansion of markets.
He stressed the region would fail to sustain economic development if it does not
cooperate.
Mr. Mutati was speaking when he officially opened the 4 th SADC Meeting of the
Ministerial Task Force meeting on Regional Economic Integration in Lusaka today.
He said the region has a challenge of narrowing the gap between the decisions being
made and the implementation process on the ground
He said implementation of decisions will result in creation of wealth, jobs and
poverty reduction which on average stand at 50 percent in the region.
And the Minister further noted that Zambia has in the past years recorded positive
economic development as evidenced by the growth of 5.8 percent Gross Domestic
Product.
Mr. Mutati said economic indicators are that the country will continue on its
positive growth.
And Outgoing Chair of Council of Ministers Timothy Thahane implored the region to
work together if it has to achieve wealth creation.
Mr Thahane who is also Lesotho’s Minister of Finance Development and Planning noted
that wealth creation and jobs should contribute to the region’s prosperity.