ZAMBIAN President Edgar Lungu yesterday officially opened the 56th edition of the Zimbabwe International Trade Fair (ZITF) and called for increased trade between the two neighbours.
BY NQOBILE BHEBHE
Lungu said ZITF was a perfect window to create new business partnerships, linkages and networks. He said trade was tilted in Zambia’s favour.
“Trade relations between the two countries have strengthened over the years,” the president said.
“From 2010 to 2014 exports into Zimbabwe exceeded $1,3 billion while imports from Zimbabwe into Zambia over the same period were above $400 million.
“In terms of investment, the two countries have witnessed private sector players from both countries investing in both Zimbabwe and Zambia.”
Lungu said the ZITF was one of the leading trade fairs in the region “where the best local, regional and international companies participate.
“I look forward to seeing Zambia increasing its participation in the trade fair,” he said.
“Talking to the chairman, (Bekithemba) Nkomo, I have assured him that I will work directly with my Ministry of Commerce and Trade to ensure that Zambia heightens its participation.”
Lungu was the guest of honour at the exhibition which ends tomorrow under the theme “Simulating Trade: Seizing Opportunities to Accelerate Growth”.
The fair ends tomorrow.