Video guest: Josephine Mwangi

October 2017
M T W T F S S
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

Thursday, 07 February 2013

Zambia’s exports to EU on upward trend

EU remains Zambia’s major one market for honey and sugar exports, totaling  212 million Euros KR 1.5 billion in 2010, after a steady increase in last years, permanent secretary for the Ministry of Finance Felix Nkulukusa said.
In 2009, Zambia’s exports to the EU market stood at 155 million Euros (K1.1 billion).
Nkulukusa said it is necessary to attain and sustain high rates of economic growth, in order for Zambia be able to fight the high poverty and unemployment levels. “Poverty at 60.5 percent at the national level is still very high and is particularly worse in rural areas at more than 70 percent,” he said.
Government is said to have prioritized economic diversification and to be promoting growth in sectors such as agriculture, manufacturing, tourism, construction and services.
Zambia is a large landlocked country with a highly urbanised population of 11 million people. The economy is still very much based on agriculture, which employs over 70% of the working population. After the economic stagnation experienced during the 1990s, growth accelerated in recent years.
Under a strategic framework for co-operation of the European Commission (EC) with Zambia €489.8 million have been allocated for the period 2008-2013 mainly in the areas of regional integration and transport infrastructure as well as human development, in particular health.


Source: Zambia Daily Mail, European Commission

Tags: