Tuesday, August 07, 2007

(DAILY MAIL) DRC trade mission attracts 20 firms

DRC trade mission attracts 20 firms
By NKOLE CHITALA

ABOUT 20 local manufacturing companies have confirmed participation at a trade mission in Lubumbashi, Democratic Republic of Congo. Zambia Development Agency (ZDA) and the European Union Export Development Programme EDP II will coordinate the trade mission scheduled to take place from August 14-16. ZDA acting director general, Glyne Michelo, said that the trade mission would comprise companies pre identified into two groups of established exporters and those with export potential.

“We have received an overwhelming response from local companies, more than 20 well established manufacturing companies have already confirmed participation,’’ he said in an interview in Lusaka.

Mr Michelo said that the DRC was one of the largest markets for Non Traditional Exports in the Common Market for Eastern and Southern Africa and the second largest market in the Southern Africa Development Community, hence the need for the trade mission. He cited increased export orders and identification of buyers of various products as some of the expected benefits from the trade mission.

He also explained that the event, will have an exhibition and a match making event, where Zambian companies will have, one on one meetings with buyers and discuss various products, price mechanisms and delivering means among others.

Mr Michelo also said that he was impressed with the number of companies that have participated in similar trade missions before, as they have been able to clinch export orders, which they have since maintained.

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