US ready to invest further in Zambia

JOHN CHAAMBWA
Lusaka

VISITING United States Assistant Secretary of State for Economic and Business Affairs Caleb Orr says the US stands ready to invest further in Zambia to strengthen economic ties.
Mr Orr said the two countries want to move forward and reset their relationship, particularly by creating jobs in the mining sector, which is crucial to Zambia’s economy and an area of significant US interests.
He said Zambia has immense potential and is poised to unleash prosperity for future generations.
Mr Orr was speaking during a Zambia-US Bilateral Engagement with Zambia’s Minister of Finance and National Planning Situmbeko Musokotwane.
The discussions focused on job creation, particularly in the mining and critical minerals sectors, areas Mr Orr said hold significant potential for driving
Zambia’s economic expansion.
He stressed that the United States wants to see a more robust bilateral relationship that delivers tangible benefits to the Zambian people.
Earlier, Dr Musokotwane said the Government’s goal is to transition Zambia from being a recipient of aid to a contributor to global development.
He said Zambia’s economic strategy is centred on job creation and sustained growth, aligning with US cooperation efforts.
Dr Musokotwane also said Zambia is seeking to deepen its partnership with the United States under the current administration.