{"id":152464,"date":"2024-02-16T13:24:55","date_gmt":"2024-02-16T13:24:55","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/02\/16\/ghana-zambia-strengthen-trade-investment-ties\/"},"modified":"2024-02-16T13:24:55","modified_gmt":"2024-02-16T13:24:55","slug":"ghana-zambia-strengthen-trade-investment-ties","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/02\/16\/ghana-zambia-strengthen-trade-investment-ties\/","title":{"rendered":"Ghana, Zambia Strengthen Trade, Investment Ties"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Shirley Ayorkor Botchwey and Zambian President, Hakainde Hichilema<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>Ghana and Zambia have pledged to boost cooperation, including in trade and investment, following a visit to Lusaka by Foreign Affairs Minister, Shirley Ayorkor Botchwey, who was received by Zambian President Hakainde Hichilema.<\/p>\n<p>\u201cTrade and investment are particularly important for our countries because even our political stability depends on economic stability and development,\u201d President Hichilema told Ms. Ayorkor Botchwey at a meeting at the State House in Lusaka on Tuesday.<\/p>\n<p>Ms. Botchwey\u2019s visit to Lusaka saw her signing two Memoranda of Understanding (MoU) with her acting Zambian counterpart, Mr. Mulambo Haimbe, on behalf of their respective governments.<\/p>\n<p>One memorandum covers mechanisms for promoting commercial, economic, cultural, technical, scientific and political cooperation between Ghana and Zambia.<\/p>\n<p>The other memorandum covers defence cooperation, including training and development.<\/p>\n<p>Ms. Botchwey and President Hichilema also addressed her candidacy for Commonwealth Secretary-General behind closed doors.<\/p>\n<p>Zambia is one of 21 African countries which belong to the 56-member organisation that has a combined population of 2.6 billion people and an annual GDP of US$13 trillion and counting.<\/p>\n<p>Commonwealth Heads of Government are due to choose a new leader in October to replace the incumbent, Baroness Patricia Scotland, whose second and final term expires at the end of 2024.<\/p>\n<p>In her remarks, Ms. Botchwey recalled the strong historical bonds between Ghana and Zambia. \u201cOur two countries go back a long way, all the way to the years of our independence struggles led by Presidents Nkrumah and Kaunda,\u201d she said.<\/p>\n<p>Ghanaian diplomats in Lusaka said a strong affinity for Ghana remained in Zambia. Scores of Ghanaian professionals and academics settled and worked in the southern African country from the early post-independence years through the eighties.<\/p>\n<p>\u201cOur people left a good legacy here and it\u2019s a viable foundation for furthering a strong business relationship, especially as we now have AfCFTA (African Continental Free Trade Area),\u201d a senior diplomat said.<\/p>\n<p>In a comprehensive lecture given by Ms. Botchwey following the announcement of her candidacy in Accra earlier this month, Ms. Botchwey outlined her vision for what she called \u201ca new Commonwealth.\u201d<\/p>\n<p>It included a focus on trade and investment; harnessing ICT for skills, innovation and start-ups to provide jobs for young people, and a Commonwealth-wide migration compact to help stem the tide of illegal and perilous migration.<\/p>\n<p>She called for \u201ca strong Commonwealth voice for the concerted action\u201d against climate change which, she said, threatened all member states, but small island developing states more particularly.<\/p>\n<p><strong>A Daily Guide Report<\/strong><\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shirley Ayorkor Botchwey and Zambian President, Hakainde Hichilema \u00a0 Ghana and Zambia have pledged to boost cooperation, including in trade and investment, following a visit to Lusaka by Foreign Affairs Minister, Shirley Ayorkor Botchwey, who was received by Zambian President Hakainde Hichilema. \u201cTrade and investment are particularly important for our countries because even our political [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":152465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-152464","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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