Zambia, Switzerland trade reaches $20 billion
President Hichilema urges Swiss businesses to invest beyond minerals and support the Grow Zambia Agenda.
Trade and investment between Zambia and Switzerland has reached over 20 billion United States Dollars. President Hakainde Hichilema met with Switzerland’s State Secretary Helene Artieda and a business delegation at State House yesterday. The President called for a comprehensive economic partnership to ease investor cooperation and support the Grow Zambia Agenda.
Mr Hichilema urged Switzerland to increase investment and trade beyond traditional minerals like copper. He wants stronger economic partnerships to accelerate growth, create jobs, and promote local value addition. Switzerland’s State Secretariat for Economic Affairs supports the Grow Zambia Agenda and is ready to encourage Swiss businesses to participate.
The President expressed gratitude for Switzerland’s support in Zambia’s debt restructuring process. He stated that his administration’s focus in the second term is to drive economic growth through investment and trade. Switzerland’s delegation expressed interest in exploring opportunities in emerging sectors.
Why it mattersZambian businesses and the national economy are affected by the call for increased trade and investment with Switzerland.