LUSAKA, ZAMBIA – Government says it will only issue work permits to foreign investors who evidently possess very rare skills undoubtedly relevant to the development of the country.
Minister of Commerce Trade and Industry Christopher Yaluma states that only distinct individuals able to add value to the business fraternity will certainly be considered and not at the expense of the local Zambians.
He said as government puts in place different robust policies to firmly support the growth of the business industry, it will always seek to enthusiastically engage with the private sector as they are essential key stakeholders.
Mr Yaluma was speaking during the networking event for the European Union (EU) Zambia Business Club (EUZBC) last evening.
And Mr Yaluma revealed that Zambia’s foreign trade volume indicates that exports to the European Union (EU) have enormously gone down by 14 percent whilst imports have increased by 23 percent over the 2010 to 2017 period.
The Commerce Minister candidly explained that his ministry is vigorously working hard to ensure a proportionate improvement in the value exports.
The Minister has since resolutely challenged the EU Zambia Business Club to justly live to their aspirations of increasing trade and investments.
Meanwhile, EUZBC President Henk Mulder, commended government for its willingness to engage with the private sector in Zambia to discuss pertinent issues relating to the business environment.