Economist, Kelvin Chisanga, has emphasized the need for Zambia to enhance its production capacity, improve export readiness, and prioritize value addition in order to fully capitalize on China’s decision to eliminate all tariffs on African imports.
Mr. Chisanga noted that investment in infrastructure, trade facilitation, and compliance with international standards will be crucial in making Zambian products competitive and sustainable in the Chinese market.
“This progressive move is not only a bold step toward strengthening South-South cooperation, but it also presents a renewed opportunity for Zambia to deepen its trade engagement with one of the world’s largest economies,” said Mr. Chisanga in a statement issued to RCV News in Lusaka today.
He said that the zero-tariff initiative offers a strategic opportunity for Zambia to diversify its export portfolio, especially in key sectors such as agriculture, mining, textiles, and value-added manufacturing.
Mr. Chisanga stressed that for Zambia to reap the full benefits of this policy, complementary domestic strategies must be implemented to boost industrial growth and improve the quality of locally produced goods.
Angel Kasabo