FOREIGN INVESTMENT MUST HELP CREATE JOBS AND WEALTH FOR ZAMBIANS – HON. KAKUBO

Foreign Affairs Minister, Hon. Stanley Kakubo has assured investors that Government’s policy of zero tolerance against corruption is meant to protect public resources including investments that are brought into the country.

Speaking during a bilateral meeting with Hungarian Minister of Foreign Affairs and Trade, Hon. Peter Szijarto, Hon Kakubo emphasized that government was keen to attract investment that will create jobs especially for young people.

He said government had placed emphasis on investments that set a high premium on workers’ and human rights.

He said Government placed importance on the problem of youth unemployment and was committed to ensuring that there was job creation because the mandate of the new dawn Government was derived mainly from the youth vote.

Hon. Kakubo emphasized on the need for quality education and requested the Hungarian Government to consider allocating scholarships to Zambian students.

He expressed confidence that the Memorandum of Understanding (MOU) between the two countries of education scholarship would soon be signed and concluded.

The Minister commended the Hungarian Government for its decision to open an Embasssy in Zambia and further requested for more Hungarian companies to invest in Zambia.

Hungarian Minister of Foreign Affairs and Trade, Peter Szijarto , thanked Government for allowing the Hungary to set up an Embassy in Zambia.

He expressed happiness that bilateral ties between the two countries have been rekindled stating that the last bilateral meeting between the two countries was held in the nineteen eighties.

The bilateral meeting was held on the sidelines of the AU-EU Meeting which was being held in Kigali, Rwanda. The Minister also held bilateral meetings with the Ministers of Foreign Affairs from Sweden and Czech Republic.

The Minister also met Zambians living in Kigali and assured them of the Government’s commitment to better the lives of all its citizens including those in the Diaspora.

Source:
Embassy of Zambia
Ethiopia

Issued By:
Phyllis Chilekwa (Ms)
First Secretary – Press and Public Relations
Embassy of the Republic of Zambia
Brussels – Belgium