NANCY SIAME, Lusaka
MINISTER of Finance Felix Mutati has assured diplomats accredited to Zambia of President Lungu’s commitment to promoting good governance and respect for the rule of law.
Mr Mutati says President Lungu’s political governance model is anchored on non-interference and promotion of political dialogue as a critical mechanism for inducing investor confidence.
He said this in Lusaka on Tuesday night when he officiated at the European Union (EU) Day celebrations at EU Ambassador to Zambia Alessandro Mariani’s residence.
“We admire the respect you have for the direction Zambia has taken particularly in the area of economic governance,” Mr Mutati said.
He said the many choices Zambia is making depend on home-grown stabilisation and growth programme to deal with various challenges the country is facing.
The minister said principal to this journey is fiscal fitness agility to deal with different structural challenges and policy issues bearing in mind that social protection remains key in whatever is done.
Mr Mutati said Zambia has a dynamic relationship with EU which has resulted in a number of investments in the country.
“The European Investment Bank where we were in February this year has committed to establish an office in Zambia and to support investment in energy,” he said.
Mr Mutati said Zambia’s partnership with EU and its member states should be based on collective action to pursue open trade system and use investment as a tool which promotes growth, jobs and fosters integration.
“Despite our problems as an African country, we shall be anchored on the spirit of Africans based on the rule of law and respect for human rights and dignity,” he said.
Earlier, Mr Mariani said the friendship between Zambia and EU is remarkable and that a solid, dynamic and widening partnership has been established over the years.
He said the level of development collaboration has significantly increased because a number of official missions to Europe and from Europe to Zambia to widen and deepen partnership have been made.
“Our relations cover political, economic trade and investment, development relations as well as variety of sector subjects of mutual interest,” Mr Mariani said.