UK government ready to offer support to Zambia in different sectorsStaff Writer | December 4, 2017
Secretary to the Treasury Fredson Yamba has said there is need for continued and increased bilateral trade between Zambia and the United Kingdom as well as increased Foreign Direct Investment from the UK to Zambia in order to help create jobs and reduce poverty.
Africa Foreign direct investment
During a meeting with Baroness Lindsay Northover, the Trade Envoy to Zambia, charged with the reasonability of increasing trade and economic cooperation between Zambia and the United Kingdom, Yamba said the Zambian government is committed to enhancing its bilateral cooperation with the UK government through exchange of visits and exploration of new areas of cooperation.
He assured Baroness Lindsay Northover that the Government of the Republic of Zambia looks forward to contributing to a strengthened partnership between Zambia and the UK for the mutual benefits of the two countries.
He expressed gratitude to the UK government for rendering Economic and Technical support averaging 60-70 million per annum through the Department for International Development (DFID) in the areas of budget support, microeconomics, governance, social protection, private sector development, gender, education, health and other social sectors. ■