Ghana and Zambia strengthen bilateral cooperation in trade and investment

1 min read
Ghana and Zambia strengthen bilateral cooperation in trade and investment

During a recent visit to Lusaka, Foreign Minister met with Zambian President Hakainde Hichilema, where they discussed enhancing bilateral cooperation, particularly in trade and investment. President Hichilema emphasized the significance of economic stability and development for both countries' political stability.

Madam Botchwey's visit resulted in the signing of two Memoranda of Understanding (MoU) with her Zambian counterpart, covering various areas such as promoting commercial, economic, cultural, technical, scientific, and political cooperation, as well as defence cooperation, including training and development.

Behind closed doors, discussions also touched on Madam Botchwey's candidacy for Secretary-General. Ghana and , both members of the , share historical ties dating back to their independence struggles led by Presidents Nkrumah and Kaunda.

Ghanaian diplomats in Lusaka highlighted the enduring affinity for Ghana in , citing the legacy left by Ghanaian professionals and academics who settled and worked in the country from the post-independence era through the eighties. This historical connection serves as a strong foundation for fostering a robust business relationship, especially with the advent of the ().

In a recent lecture in , Madam Botchwey outlined her vision for a “new Commonwealth,” emphasizing trade and investment, harnessing ICT for skills and innovation, and addressing . She advocated for concerted action within the Commonwealth to tackle , particularly its disproportionate impact on small island developing states.

Samuel Asante

KNUST-trained Meteorology and Climate Science graduate turned media practitioner, Samuel Asante, works is news writer, journalist and editor at The Ghanaian Standard.

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