{"id":24360,"date":"2022-06-18T20:29:46","date_gmt":"2022-06-18T20:29:46","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference"},"modified":"2022-06-18T20:51:44","modified_gmt":"2022-06-18T20:51:44","slug":"zambia-israel-holds-economic-conference","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference","title":{"rendered":"Zambia, Israel holds economic conference"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>Minister of Commerce, Trade and Industry, Chipoka Mulenga says Zambia has the potential to increase its exports to Israel to at least 1 billion United States dollars.<\/p>\n

Speaking in Lusaka yesterday when he officially opened the first ever Israel-Zambia economic conference, Mr. Mulenga observed that Zambia currently imports 163 million United States dollars from Israel and exports to that country 3 million dollars\u2019 worth of trade and investment.<\/p>\n

He however, said this represents a trade imbalance between the two countries. Mr. Mulenga stated that the two countries have potential to resolve the trade imbalance.<\/p>\n

\u201cI have seen the trade imbalance that has continued to be between our two countries. Indeed, we have continued to do business together, over 163 million dollars\u2019 worth of imports from Israel and 3 million worth of exports. I feel the two countries can increase this to over a billion or more. A time has come that we did this together,\u201d he said.<\/p>\n

Mr. Mulenga encouraged Israeli investors to take full advantage of the enabling business environment in Zambia. He said government is keen to learn from Israel regarding technology and innovation.<\/p>\n

\u201cZambia has got a youthful population which is so eager to be productive. The spirit of creativity and innovation that Israel has demonstrated to the world where they export innovation, where they export technology is what we want to tap in,\u201d he said.<\/p>\n

Meanwhile, the minister said he will engage his Foreign Affairs and International Cooperation counterpart, Stanley Kakubo on the possibility of having an Israeli embassy located in Zambia.<\/p>\n

Speaking at the same event, Israeli Ambassador to Zambia, Ofra Farhi, said Zambia\u2019s private sector-driven economic agenda will attract Israeli investment.<\/p>\n

Ms Farhi said this is because both countries have placed the private sector at the centre of economic growth. The diplomat said Zambia can be an example to other African countries regarding trade and investment relations with Israel. Ms Farhi said Israeli innovation can contribute significantly to Zambia\u2019s quest of rebuilding its economy.<\/p>\n

\u201cWe would like to look at Zambia as a case study, maybe for other African countries, on how to build connections with Israel, increase trade & investments, and have an open bilateral economic communication channel between the two countries. I know that Israeli innovation and know-how have gained a big success and they can be an essential part of the rebuilding of Zambia\u2019s economy,\u201d she said. This is the first ever business conference between the two countries and was held under the theme: \u2018Israel in Zambia: spirit of creativity.\u2019<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. Minister of Commerce, Trade and Industry, Chipoka Mulenga says Zambia has the potential to increase its exports to Israel to at least 1 billion United States dollars. Speaking in Lusaka yesterday when he officially opened the first ever Israel-Zambia economic conference, Mr. Mulenga observed that Zambia currently imports 163 million United States […]<\/p>\n","protected":false},"author":84,"featured_media":24359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[234,235,233],"class_list":["post-24360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nZambia, Israel holds economic conference - Zambia<\/title>\n<meta name=\"description\" content=\"Minister of Commerce, Trade and Industry, Chipoka Mulenga says Zambia has the potential to increase its exports to Israe ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zambia, Israel holds economic conference\" \/>\n<meta property=\"og:description\" content=\"Minister of Commerce, Trade and Industry, Chipoka Mulenga says Zambia has the potential to increase its exports to Israe ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-18T20:29:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-18T20:51:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/06\/img-62ae3aafeae29.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Zambia, Israel holds economic conference\",\"datePublished\":\"2022-06-18T20:29:46+00:00\",\"dateModified\":\"2022-06-18T20:51:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference\"},\"wordCount\":434,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/06\/img-62ae3aafeae29.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/zambia-israel-holds-economic-conference\",\"name\":\"Zambia, Israel holds economic conference - 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