Minister of Foreign Affairs Joseph Malanji says the economic diplomacy policy has strategically positioned Zambia to thrive amidst changing and challenging times of the global economy.
Mr. Malanji said the economic diplomacy policy, which was introduced in 2014, is opening more doors for investment and trade to Zambian business and wealth creation.
“We live in a dynamic and changing global environment in which countries have to strive, adapt and regularly devise new policies to address emerging challenges and find solutions necessary to promote economic progress. In this regard, the Ministry of Foreign Affairs revised its foreign policy in 2014 orienting it towards economic diplomacy,” he said.
Mr. Malanji was speaking in Chipata yesterday when he addressed a meeting at the invitation of the Eastern Provincial Administration and the Chamber of Commerce.
The meeting was meant to allow the minister to share information on how businesses in the province can utilise the Ministry of Foreign Affairs and its missions abroad to engage in international trade.
He said the Ministry of Foreign Affairs has prioritised the promotion of Zambia as a preferred country for trade, direct foreign investment and tourist destination.
“The ministry through our missions abroad dotted across the globe has continuously put huge efforts to market Zambia. This includes the facilitation for technological transfer, promotion of joint ventures such as public private partnerships, foreign direct investment and trade missions from Zambia and vice versa,” Mr Malanji explained.
And Mr. Malanji announced that Zambia has received an inquiry from Turkey that seeks to establish partnerships with local businesses in the growth of cotton supply.
“Turkey is one of the major producers of all sorts of clothing in the world. So there major interest is cotton and we have had inquiries from that country to see how they can partner with Zambian companies in the growth of cotton, and our first line of interest in this industry was the Eastern Province where we have major farmers cultivating cotton,” Mr. Malanji said.
He said government was also focusing its economic diplomacy towards regional and continental integration while forging strategic partnerships with global trade groups.
The minister said participation in these arrangements provides greater market access for Zambian products.
“The African Union is a market of 1.2 billion people with a combined GDP of over three trillion United States dollars. Zambian exporters stand to benefit from the large one Africa market, as it is being called, and as trade and investment expands this will create an opportunity for the creation of sustainable jobs and wealth,” the minister said.
And Mr. Malanji has urged businesses to engage the Zambian missions abroad to help them take advantage of the strategic partnerships with global regional trade groupings such as the Forum on China-Africa Cooperation (FOCAC), Tokyo International Conference of Africa’s Development (TICAD) and Africa Growth Opportunity Act (AGOA) for accessing markets in the USA.
He further said Zambia has established legal instruments and frameworks with Saudi Arabia and the United Arab Emirates for businesses to explore and start exporting livestock and horticultural products
“Therefore, I would wish to urge businesses wishing to expand in these markets to explore potential of penetrating these markets through the Zambian missions abroad,” he said.
And Eastern Province Minister Makebi Zulu said the region is strategically positioned to effectively trade with its neighbours Malawi and Mozambique.
He explained that it is for this reason that his office engaged the Ministry of Foreign Affairs to assist local businesses in the province to know the opportunities that exist in the area of trade through exports.
“We engaged Ministry of Foreign Affairs to enable the captains of the industry to open doors far beyond for increased trade and do business effectively to bring much needed foreign exchange to the country,” Mr. Zulu said.
How’s Zambia to flourish yet inflation,Kwacha value and every important economic indicator has been getting worse? BUNCH OF LIES.
Is there anyone who thinks properly in this p0rn front party, looks like they are all 0IQ dander heads… together with that tin can thief with scattered teeth… The ka worst president on earth
If God is with us no one can be against us. Ba upnd diasporan mwanyala..go and eat your inflation with your whlte masters kiki
Zambia is holding General Elections on August 12, 2021. Currently the Zambian Economy is in distress with a Debt, Budget and Covid-19 Crises. With these Crises its imperative that the August 12, 2021 be free,fair, credible and peaceful. A violent and disputed 2021 Elections will result into an illegitimate outcome and an illegitimate Govt. An illegitimate Govt will attract International Sanctions which will depress the Zambian Economy further. Zambia should avoid mistakes made in Uganda during its recent violent and disputed Election where 59 people were killed. Now Western Govts and EU have resolved to sanction the M7 Govt. We hope that ECL is aware of dire consequences should the August 12, 2021 Elections be violent and disputed. The writing is on the wall.
This minister is out of touch. Talking nonsense. In current economic and political climate who would want to invest in Zambia unless there’s bribes and kick backs involved
Another moron talking from his backside..did he not hear what his BOZ Governor said yesterday
These PF guys are so disjointed, I am sure this minister does not even have an idea what the exchange rate, inflation, reserves, GDP growth, unemployment levels are in Zambia currently. Had he known, he cant say what he is saying, the economy is basically in comatose
Ever ask yourself why some one who ran away to diaspora for a better life continues to mourn about a country he left? Can someone tell me why? Is it because they realise how sad they are abroad and the mistake they made to lose zambian citizenship?
Ever ask yourself why some one who ran away to diaspora for a better life continues to moan about a country he left? Can someone tell me why? Is it because they realise how sad they are abroad and the mistake they made to lose zambian citizenship?
Hi fellow bloggers, I am thinking of writing my auto biography and I would like to get your input. Please comment below what you think about me or the fond memory you have of me.
For example think of the amazing things that remind you of me. For example like when I saved a man’s life who was drowning in the kafue river after one of my boat parties. Or when I won the award for most handsome pupil during my secondary school
Thanking you in advance.
Please no negative insults. Be mature. I don’t have time for nonsense
Prophet Malanje is right. This will happen from September 2021.
The most classic adage regarding trolling is, “Don’t feed the trolls.” Trolls seek out emotional responses and find provocation amusing, so replying to them or attempting to debate them will only make them troll more. By ignoring a troll completely, they will likely become frustrated and go somewhere else on the internet.
You should try your best not to take anything trolls say seriously. No matter how poorly they behave, remember these people spend countless unproductive hours trying to make people mad. They’re not worth your time of day.
I only memory I have of you is that you a are born criminal. A low life thug
Put that in your biography
If wishes were Horses would all ride. Zambia is bankrupt, its defaulting on its external debt and it’s Economy is Covid-19 infected so how can it flourish with Visionless Leaders in Power?
Mr Atm Dreaming
Indeed we are positioned to thrive and flourish in these difficult times …we just have to be strategical
This is good for the UPND. Prophet Malanji has decreed and declared that from September 2021, Zambia under the UPND is poised to flourish. Amen to that.
Scouser I have no time for haters
The economic climate in Zambia is only for penury and destitution to prosper.In fact PF started this race to the bottom in 2011.
Does Minister Malanji know what makes Economies flourish? Does he know Zambia’s Debt,Budget and Covid-19 Crises? The PF Govt has no clue on how to deal with these Crises. Zambia is going 4 Elections on August 12, 2021 and if those Elections are not free,credible and peaceful they will be disputed. Rigged and Disputed Elections will produce an illegitimate Govt and in turn punitive Sanctions will be imposed on Zambia by the International Community. That will depress the Zambian Economy further. Does ECL and PF understand the implications of a violent, rigged and disputed Election? We doubt it. Time will tell.
KZ WHY DONT YOU LEAVE THIS SITE YOU ONLY GET 1% POSITIVE HITS SO ZAMOS MY MAN
AND REALLY EVEN THOUGH YOU ARE PAID TO BE DEGROGATORY AND CONTRADICT ALL COMMENTS IT WONT WORK HERE
IN GOD’S NAME LISTEN FOR ONCE
I THOUGHT HE WAS SPEAKING IN CHURCH ON THE C/BELT AFTER DONATING KAPENTA, SALAD, CABBAGE, SALAULA, A FIAT MIRAFIORI 132 TO THE PASTOR AND K1 MILLION FOR REPAIR AND FUEL COSTS FOR THE VEHICLE? THE THINGS AND AMOUNTS HE DONATES HAVE PLEASED MANY PEOPLE AND THERE SERIOUS PLANS AIMED AT DECLARING HIM THE PATRON SAINT OF CHURCHES ON THE C/BELT.
“…….And Mr. Malanji has urged businesses to engage the Zambian missions abroad to help them take advantage of the strategic partnerships…,..”
This why we say PF lead grz is darn lazy…..
We advice them to to have atleast 1 mobile officer from ministry of foreign affairs in each province , with this knowledge of connecting with foreign investors, visiting farmers and businesses…….
Unbeknown to the ministry of foreign affairs , most of out farmers and business men are not Internet savy and can do with more advice and guidance………
“…….And Mr. Malanji has urged businesses to engage the Zambian missions abroad to help them take advantage of the strategic partnerships…,..”
This why we say PF lead grz is da.rn lazy…..
We advice them to to have atleast 1 mobile officer from ministry of foreign affairs in each province , with this knowledge of connecting with foreign investors, visiting farmers and businesses…….
Unbeknown to the ministry of foreign affairs , most of out farmers and business men are not Internet savy and can do with more advice and guidance………