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US, China hold local talks in Zambia over country’s economy, debt crisis

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In a move to easy the tension on their perceived growing influence on Zambia’s economy, the government of the United States of America (USA) met their Chinese counterpart to discuss collaboration on areas of mutual interest in Zambia.

During the meeting held at the American Embassy in Lusaka on Tuesday, US Ambassador to Zambia, Micheal Gonzales, and Peoples’ Republic of China (PRC) Ambassador to Zambia, Du Xiaohui, deliberated on issues such as anti-corruption measures and strengthening the Zambian economy.

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Gonzales said the United States shares President Hakainde Hichilema’s vision of seeing Zambia engage positively with all partners committed to collaborating to benefit the Zambian people.

He said his government and China both seek to support a strong and vibrant Zambian economy.

“A conducive business environment, set on the foundations of transparency in operations and strict compliance with the rule of law,” Gonzales said.

He said this will attract Zambian investment and investors from around the world to create jobs and drive inclusive economic growth to support Zambia’s sustainable economic prosperity.

Gonzales reiterated that it is imperative for a quick conclusion to debt restructuring negotiations to buoy Zambian economic growth.

He also reaffirmed the United States’ commitment to working closely with all bilateral creditors towards a successful conclusion as soon as possible.

Contributed by Augustine Sichula

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