By Jane Chanda
Zambia Chamber of Commerce and Industry president Anthony Kabaghe says the swift mediation by the government leading to the resumption of trade between Zambia and the Democratic Republic of Congo (DRC) is a positive development for the two nations.
Last week, the government temporarily closed all border crossing into DRC due to some protests which took place in that country, as a result of the recent ban by that country on the importation of lime and beverages, leading to protests.
Three borders among them Kasumbalesa, Mokambo and Sakania were affected.
In a press statement yesterday, Kabaghe commended the government for its prompt and effective mediation efforts.
He noted that the recent temporary restrictions imposed by the DRC authorities on the importation of key products from Zambia had significant adverse effects on commerce and contributed to instability within the DRC.
Kabaghe emphasised the importance of maintaining robust trade relations between Zambia and the DRC.
“The trade relations between these countries are vital for sustaining growth, as they support priority sectors such as manufacturing, mining, and agriculture,” Kabaghe stated.
He also highlighted the broader implications of the DRC’s decision to restrict imports adding that actions could lead to job losses, revenue shortfalls, and an increase in the poverty gap, undermining efforts toward regional economic integration and development.
Kabaghe called on all stakeholders to continue working collaboratively to ensure that such disruptions do not recur and that the trade relationship between Zambia and the DRC remained strong and mutually beneficial.
“The Chamber remains committed to supporting initiatives that promote regional trade, economic growth, and the welfare of the citizens of both countries,” he added. “The swift resolution of this trade dispute is a testament to the strong diplomatic relations between Zambia and the DRC.
He urged both governments to continue engaging in open and transparent dialogue to address any trade-related issues that may arise in the future.
Kabaghe also stressed the need for increased private sector involvement in promoting regional trade.
“The private sector has a critical role to play in driving economic growth and development in our region. We must work together to identify opportunities for increased trade and investment between Zambia and the DRC, and to address any challenges that may hinder our progress,” stated Kabaghe.
