TRALAC - Trade Law Centre

Zambia, America relations requires further growth in prosperity and investment trade - Ambassador Storella

Thursday, 13 June 2013 Published: | UK Zambians

Source: UK Zambians

United States of America ambassador to Zambia Mark Storella has described his country and Zambia's relations as a strong partnership that require further growth in prosperity based on investment and trade.

Ambassador Storella notes that the future of Zambia and the United states of america’s partnership will generate prosperity for both countries based on increased bilateral investment and trade.

Ambassador Storella also notes that American companies see great promise in Zambia the reason why they are on a rise in the country in terms of investing in it.

Speaking last night during the two hundred and thirty seventh anniversary of the American Independence last night, Ambassador Storella also stressed the need for his country and Zambia relations to be further strengthened.

Ambassador Storella further noted that the hosting of the 10th AGOA Forum by Zambia was also a demonstration of the Zambian leadership and reaffirmation of the United States of America’s commitment to trade and investment meant to drive African economic development.

And speaking at the same function Deputy Minister in the office of the vice president Davis Mwango applauded the United States of America and Zambia’s continued bilateral relations.

Mr. Mwango noted that the Patriotic Front (PF) government’s concerted efforts, the existing bilateral relations and cooperation between Zambia and the United States of America will continue to grow to further strengthend additional mutual benefit of the two countries.

View related news articles

Zambia urged to benefit from AGOA

Zambia urged to benefit from AGOA

Zambia needs to take advantage of the African Growth and Opportunity Act (AGOA) as it still possesses opportunity for economic growth. Since its inception in 2000, AGOA has given duty-free and quota-free access to the United States market on about 6,000 products from qualifying African countries, including Zambia. Speaking at the Corporate Council on Africa (CCA)-sponsored...

19 June, 2017
Zambia: ‘Regional integration vital for growth’

Zambia: ‘Regional integration vital for growth’

Zambia will continue strengthening its participation in regional economic integration and trade investment platforms because the agenda will promote the country’s industrialisation efforts, a senior Government official has said. Ministry of Commerce, Trade and Industry permanent secretary Kayula Siame also said there is need for continued private sector sensitisation on...

14 October, 2016
Zambia: AGOA strategy development initiative completed

Zambia: AGOA strategy development initiative completed

The six month AGOA Strategy Development Initiative headed by the Honorary Consul of Zambia in California, Robert Sichinga Jnr and a team from the UCLA Anderson School of Management is complete and the final report was sent to the Zambia Development Agency. The final presentation was made at the UCLA Anderson School of Management  on Friday March 11th in the presence of...

15 March, 2016
COMESA: AGOA-US exports swell to $17 billion

COMESA: AGOA-US exports swell to $17 billion

Common Market for Eastern and Southern Africa (COMESA) exports to America under the African Growth Opportunity Act (AGOA) has amounted to US$17 billion. The exports through the COMESA eligible countries amounted to $17.3 billion by November 2015. COMESA secretary general Sindiso Ngwenya said the United States-COMESA Trade and Investments Framework Agreement (TIFA) provides...

08 February, 2016
US urges Zambia to diversify

US urges Zambia to diversify

The US government says the recent slump in copper prices serves as a timely reminder for Zambia to diversify its economy. US Ambassador to Zambia Eric Shultz says serious efforts must be taken to shift the economy to agriculture, tourism and power generation. Speaking when he officiated at the eighth US-COMESA consultative trade meeting, Ambassador Shultz also urged member...

08 February, 2016
Zambia to boost AGOA with strategy

Zambia to boost AGOA with strategy

Zambia has developed a strategy to help local exporters increase penetration of the United States of America market under the African Growth and Opportunity Act (AGOA). The National Response Strategy which has cost US$100,000 will be implemented to address the difficulties that Zambian companies faced in accessing the US market in the last 15 years of utilising the...

23 April, 2015