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Zambia expresses readiness to deepen bilateral ties with US, lauds $30 million support

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Zambia is ready to advance its discussions towards enhanced bilateral trade with the United States government for mutual economic prosperity.

This is according to President Hakainde Hichilema on Thursday when he met US Undersecretary for International Trade Marisa Lago at State House in Lusaka.

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The President expressed Zambia’s appreciation to the American citizens for supporting the country through an initiative like the US$30 million trade boost under the United States Agency for International Development (USAID).

“This morning we welcomed US Under Secretary for International Trade, Ms. Marisa Lago.

“This visit comes on the back of our talks with US Secretary of Commerce, Ms. Gina Raimundo and Under Secretary Lago at the Africa Leadership summit in Washington last December,” President Hichilema said on his official social media handle.

He said the US$30 million trade initiative programme under USAID had brought business opportunities through trade and investments for women and youths.

“We explored further our discussion on the Commercial Memorandum of Understanding (MoU) that will leverage our shared interests into closer business linkages between our two nations and drive inclusive economic growth.

“We were pleased to learn that there is great interest in Zambia among the United States of America (USA) business community,” President Hichilema said.

President Hakainde Hichilema with United States Undersecretary for International Trade, Marisa Lago at State House. Pictures courtesy of State House Media.

He welcomed the news as this would push to position Zambia as a processing hub and food basket for the region through value addition.

“Looking forward to advancing our discussions towards enhanced bilateral trade between Zambia and the USA for the mutual economic prosperity of our people,” President Hichilema said.

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