Zambia on course to sign the economic Partnership agreement

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Zambia on course to sign the economic Partnership agreement

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Lusaka, March 6, ZANIS  ——– Parliament head today that government will soon sign the Economic Partnership agreement under the African, Carribean and Pacific Group of States and the European Union Development Co-operation.

Foreign Affairs Minister Effron Lungu said ten (10) African countries that have already signed the partnership agreements.

Dr Lungu disclosed this to the House in response to Chilubi Member of Parliament Obby Chisala who wanted to know which African countries have signed the Economic Partnership Agreements under the African, Carribean and Pacific Group of States and the European Union Development Co-operation.

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The Foreign Affairs Minister named the 10 countries as Seychelles, Zimbabwe, Mauritius, Madagascar, Botswana, Lesotho, Swaziland, Mozambique, Cameroon and Ivory Coast.

Dr Lungu said that Zambia has not yet signed the agreement because it is still holding the Chairmanship of the Partnership Agreements, adding that as soon as Zambia hands over the Chairmanship to which ever country that would be given the leadership, it will sign the Partnership Agreements.

Dr Lungu noted that the country recognises the importance of the membership and all the benefits of trade relation incorporated in the Partnership agreements.

He further stressed that Zambia would make use of the Partnership Agreements as countries that have already signed the membership reaped the returns of investment in economic sectors such as manufacturing, agriculture and technologies among others.

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