Zambia's Hichilema discusses debt, economic ties in France

French president Emmanuel macron welcomed his Champion counterpart hacker in the his lemon Wednesday the thorny topic of the restructuring of Zambia's death was among top issues since France is the co-chair of the Creditor committee on the sidelines of the meeting ishilema gave an interview to the AFP he pleaded for an economic diplomacy at the time when some analysts predict return to bipolar World our continent Africa has been lagging behind we must do something dramatic to lift Africa up we cannot continue with the old ways and that's why in our talk with President macron as I said it was a dead issue but also the opportunities for investment for trade and in this investment Africa now our shift to Zambia and Africa is towards the value addition rather than extracting raw materials and exporting raw materials but to extract this and process them in country in joint venture with others Zambia is a top producer of Kappa ishiramaha highlighted the importance of Partnerships in a vision where countries are sovereign and not puppets of other superpowers we're talking about naughty puppy ship but partnership that's the way to go and that will keep our world you know having common interest vested interest and when we have that effectively government to government region to region Continental continent then the global Community vested interest in each other you will see you should see lesser instability because on one side we are all invested in each other in terms of his sensibility but more important on the economic and social development side the president was hoped for the debt restructuring issue would be solved before the June Summit for a new Global Financial pact in order for his country to focus on development

Channel: africanews

Views: 11,154

Keywords: Debt crisis, France, Hakainde Hichilema, Zambia, african_related_content_uk, business, gb_safe, gs_busfin, gs_busfin_economy, gs_economy, gs_economy_misc, gs_politics, gs_politics_issues_policy, gs_politics_misc, gs_science_geography, gv_safe, neg_facebook_2021, oracle_lavalleevillage, pos_equinor, pos_facebook, pos_pmi, pos_ukraine-russia, shadow9hu7_pos_ukrainecrisis, sm_politics

Id: -F6XdSK1CCE

Length: 1min 50sec (110 seconds)

Published: Thu May 11 2023