Home East Africa President Hakainde Hichilema appeals EU to partner with Zambia in exploring investment...

President Hakainde Hichilema appeals EU to partner with Zambia in exploring investment opportunities

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President Hakainde Hichilema has urged the European Union (EU) to support Zambia in exploring investment opportunities. Addressing the EU Parliament in Brussels, President said Zambia’s vast freshwater bodies, arable land, and geographical location have an edge over in enabling food security and ending poverty in Africa.

President Hakainde Hichilema has urged the European Union (EU) to support Zambia in exploring investment opportunities. Addressing the EU Parliament in Brussels, President said Zambia’s vast freshwater bodies, arable land, and geographical location have an edge over in enabling food security and ending poverty in Africa.

President Hichilema said his administration is committed to revamping the economy which had been on a downward trajectory for the past few years.

He appealed to the EU for financial assistance, research, and development, technology and skills that will help Small and Media Entrepreneurs- (SMEs) grow their operations.

Meanwhile, the President told the EU Parliament that his administration will pay much attention to legislative reforms and strengthen oversight institutions which are key to compliance.

And President Hichilema further reiterated the government’s commitment to addressing the challenges faced by Zambian women and youths. He however called on the EU to look to Africa for skilled human resources among youths and women.

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The President also appealed to the EU to address migration issues with Africa which would make movements easy. He further said Zambia will continue being at the centre of promoting peace and security in the region as evidenced by the peaceful elections last year.

Russia – Ukraine War, President Hichilema expressed concern about the challenges it has presented across the globe. He said the food, fuel, and fertilizer crisis have turned out to be huge challenges for Zambia because of the War.

President Hichilema thanked the EU for coming to his aid when he was incarcerated for 127 days in 2017 whilst in the opposition and for standing up for Zambia when there was so much political intolerance. He said his government has since brought to an end political intolerance as citizens are now able to freely walk-in public places despite belonging to different political parties.

He said the government will also undertake significant electoral reforms as recommended by the EU observer mission in the last year’s general elections.

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