PRESIDENT Hakainde Hichilema has reiterated Government’s commitment to ensure that the long standing bilateral relations between Zambia and Japan are enhanced.
President Hichilema has asked the Prime Minister of that country, Fumio Kishida, through the country’s Minister of Economic, Trade and Industry, Mr. Yasutoshi Nishimura to consider adding value of exploited minerals within.
The Head of State was speaking when the Japanese Minister of Economic, Trade and Industry Mr Nishimura paid a courtesy call on his at State House today.
The Minister is in the country with a delegation comprising 11 Japanese companies in the mining sector.
“In addition to the Memorandum of Understanding we will sign, we would like to move quickly into a general frame work investment agreement so that it encompasses various sectors. The second suggestion, is that we are keen to work towards value addition. The materials that we have here which Japan needs and other parts of the global friendly world need because of your own requirements, we need to combine those with our own requirements.
Which is to add value here (Zambia) to process here (Zambia) with your technology, with your Capital and with our resources. With our friendship, we will make it work. Going forward, we want many joint ventures together and exploit. But not export raw materials, but instead process here. Jobs will come through for our youthful population, yet meet your needs, he said.
President Hichilema said value addition is important for the country, which is why the Minister should pass on the suggestions to the Prime Minister so that there should be a Government to Government level of business.
He noted that the strides that Japan has achieved as a country post the World War II is impressive, which is why Zambia should take a leaf from them.
“Your coming Minister is a signal that we must increase and deepen our cooperation. This is for you to take note and pass on to the Japanese Prime Minister and through your systems which we admire. The cultural strength as well as work ethics and governance system, private sector management, effectiveness and public sector combination, these three are admired in the country,” he said.
President Hichilema further gave gratitude to Japan for playing a huge role in Zambia’s effort to seal the debt restructuring deal.
And Mr Nishimura said Zambia is an important partner, whose bilateral relations with Japan come from way back.
“Our aim is to broaden our bilateral relationship starting with Mineral resources. At this time, we have a total of 11 Japanese companies with Mr and afterwards we plan on hosting a business round table event. The Japanese companies have the intention and will to make investment,” he said.
(Mwebantu, Friday, 11th August, 2023)