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Zambia and Botswana have strengthened their commitment by signing ten Memoranda of Understanding (MOUs) covering various critical sectors. Crafted with precision and foresight, these MOUs span across sectors such as Science and Technology, Mining, Minerals, Agriculture and Livestock, Railway Transport, and the Establishment of the Kazungula Bridge Authority (KBA), among others.
President Hakainde Hichilema and President Mokgweetsi Masisi of Botswana expressed their profound gratitude for this significant step forward, emphasizing the potential these agreements hold for enhancing economic growth and benefiting their citizens.
A key focal point of discussion during the signing ceremony was the strategic importance of the Kazungula Bridge, which not only links Botswana and Zambia but also serves as a vital connector to major trade corridors in the Southern African Development Community (SADC) region. Leveraging this infrastructure promises to facilitate more cost-effective and reliable access to maritime trade routes, stimulating trade, creating jobs, and fostering economic prosperity for both nations.
President Hichilema and President Masisi emphasized the need for the optimal utilization of the Kazungula Bridge asset and urged for the swift negotiation of pending agreements to further enhance trade facilitation and infrastructure development. Stakeholders from both countries welcomed the signing of the MOUs, recognizing the immense potential they hold for increased trade and investment opportunities.
Meanwhile, President Masisi, during a tour of Victoria Falls, hailed the iconic landmark as the most spectacular in the world. He underscored the importance of preserving and maximizing its tourism potential, emphasizing its significance as a regional pride. President Masisi expressed gratitude to President Hichilema for suggesting the visit, highlighting the importance of continued investment in the preservation and promotion of Victoria Falls.
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The signing of these MOUs marks a significant milestone in the partnership between Zambia and Botswana, setting the stage for enhanced cooperation and mutual prosperity in the years to come. These agreements were inked less than two months after a productive visit to Kasane by President Hakainde Hichilema, marking a pivotal moment in the strengthening of economic ties between the two nations.
