Russia calls for boosting of trade with Zambia


RUSSIA has called for increased trade with Zambia which is currently very low.

The call was  made by Russian Foreign Minister Sergey Lavrov at  the weekend in Moscow when he met his  Zambian counterpart  Harry Kalaba during a working visit to that country.

Mr Lavrov said it was important for Zambia and Russia to boost trade and investment which is currently not impressive.

In  press statement  Mr. Lavrov said Russia considered Zambia an important partner and would therefore like to see more trade and economic cooperation strengthened between the two countries.

Mr. Lavrov commended Mr Kalaba for the working visit to Russia, describing it as historical and beneficial.

He said  having celebrated 50 years of bilateral relations with Zambia, it was necessary for the two countries to venture into new areas of technical cooperation and review the old agreements that were signed.

Mr. Lavrov reiterated Russia’s continued support to offer many scholarships to students to study in Russia, which he said was more than any country in Southern Africa.

And Mr Kalaba sais Zambia attached great importance to her relations with Russia.

Mr. Kalaba said  Zambia would like to see more Russian companies invest in Zambia and take advantage of the vast market arising from Zambia’s neighbours, COMESA and SADC region.

He said Zambia has had a mono economy for a long time and the country was now diversifying to sectors such as agriculture, tourism, energy and water development.

Mr Kalaba said that the tourism potential for example was colossal and Zambia would also share knowledge with Russia that has vast experience in the tourism industry.

Mr. Kalaba has since returned home after successful meetings in Serbia and Russia, which were historic visits since Zambia and the above countries established diplomatic relations.

A number of memoranda of understandings (MoUs) were said to be under review to boost the relations of the two countries.

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