• DRC has been a very important and strategic market for Zambia for non-traditional exports.
• The trade mission confirms government’s commitment to actualize strong bilateral relations between Zambia and DRC.
• It is imperative that the private sector advances the commitments made by the two Presidents during their meetings.
Zambia Development Agency (ZDA) says the Zambia Trade Mission to Lubumbashi, has created a platform for 50 local companies to exhibit and participate in Business to Business Meeting with buyers from Democratic Republic of Congo (DRC) through a match making and sectorial meetings.
And speaking at the official opening of the Trade Mission in Lubumbashi, Ministry of Commerce, Trade and Industry Permanent Secretary John Mulongoti, says the trade mission which officially opened on 22nd September 2022, confirms government’s commitment to actualize strong bilateral relations between Zambia and Congo DR.
Mr. Mulongoti stated that the Zambian government recognizes that robust intra African Trade is vital in achieving prosperity and growth amongst African States and has made economic diplomacy a core pillar of Zambia’s foreign policy.
He urged the private sector from both countries to build on the platform created through the bilateral meetings that have been held between President Hakainde Hichilema Felix Tshisekedi of the DRC aimed at strengthening and enhancing trade relationship between the two countries.
“It is imperative that the private sector advances the commitments made by the two Presidents during their meetings towards establishing regional value chains and increasing trade,” Mr. Mulongoti stated.
Mr. Mulongoti further noted the successes made in the trade mission undertaken last year in October where over US$ 63 million export leads and US$20 million orders were recorded.
“Of the US$ 20million orders, nearly US$10 million worth of goods have already been exported to DRC thereby earning the much needed foreign exchange for Zambia,” he said.
He was speaking in a speech read on his behalf by Nalituba Mwale, Director Human Resources and Administration.
Meanwhile, Provincial Minister of Economy and Trade Haut Katanga Province, Celine Kanyeba has called for enhanced partnerships between the two countries through targeted private sector collaboration and trade negotiations.
And ZDA Acting Director General Albert Halwampa said the DRC has been a very important and strategic market for Zambia for non-traditional exports (NTEs).
Mr. Halwampa stated that the Agency has for a long time been leading private sector delegations into the Democratic Republic of Congo to penetrate, consolidate and create new market for Zambian products, noting that NTEs worth billions of dollars have been exported into the that country as a result of the trade missions organised by ZDA.
“The success stories would not have been possible without the partnership of Federation des enterprises du Congo (FEC), for many years and we have worked successfully together,” added Mr. Halwampa.
He further stated that it was exciting that for the first time, companies like African Life Financial Services was participating in the trade mission to export services to the DRC within the framework of the African Continental Free Trade Area.
Mr. Halwampa further acknowledged the partnership of the Accelerated Growth Programme in Zambia through the Embassy of Finland in Zambia and Absa Bank Zambia Plc in making the trade mission a success since 2021.
And FEC President Patrick Muland Kabey said Zambia and Congo DR share a common history and bilateral relations for a long time.
Mr. Muland encouraged the private sector to build on the historical relationship of the two countries to create synergies that will result into a win – win situation for both countries, and wished the Zambian delegation a successful and fruitful trade mission.