Maravi

(TIMES) China permits Zambian products

China permits Zambian products
By Business Reporter

China has allowed at least 440 Zambian finished products to enter the Chinese market duty free and quarter free, director of industry at the Ministry of Commerce, Trade and Industry, Siazongo Siakalenge has said.

Mr Siakalenge said the Zambian Government has since received a list of duty free and quota free products from the Chinese government which will find their way on that country’s market.

The move follows the Chinese government’s invitation to Zambia to enable the country’s products to be marketed in China.

Mr Siakalenge said this in Lusaka yesterday during a postmortem meeting of the just-ended Zimbabwe International Trade Fair, where a number of Zambian companies participated.

“It is now up to the private sector in Zambia to start addressing the supply side of their operations in order for them to become competitive on the Chinese market,” he said.

Commerce, Trade and Industry Deputy Minister, Richard Taima said the Government was considering to participate in trade fairs in the Sothern African Development Community and Common Market for Eastern and Southern Africa regions as well as in countries such as Japan and China.

“We would like to participate in as many trade fairs and shows as possible within the region to promote and attract investment and job creation,” Mr Taima said.

He said that 30 Zambian companies participated at the just ended Zimbabwe trade fair hosted in that country’s capital, Harare last week.

Mr Taima said the Zambian Government spent about US$15,000 to prepare for the exhibition in Harare.

The 30 exhibitors were from the mining, manufacturing, clothing and textile, food processing, pharmaceuticals, information, communication, technology and other service provision sectors.

Mr Taima described the Zimbabwe Trade Fair as a great success because many Zambian companies that took part made big business deals.

The deputy minister said it was not the issue of how much the Government had spent in the fair but the level of business deals that were made.

Labels: CHINA, EXPORTS

posted by MrK @ 6:43 PM