Zimbabwe and China have reaffirmed their commitment to strengthening bilateral economic cooperation following the 11th Session of the China-Zimbabwe Joint Commission on Economic, Technical and Trade Cooperation held in Harare.
The session was co-chaired by Zimbabwe’s Minister of Foreign Affairs and International Trade, Professor Amon Murwira, and Chinese Assistant Minister of Commerce Zhang Li.
Discussions focused on expanding trade and investment, increasing local value addition and creating more employment opportunities in Zimbabwe.
Both sides agreed to fully implement the Ten Partnership Actions for China-Africa Cooperation under the Forum on China-Africa Cooperation (FOCAC), with the measures expected to support development cooperation between the two countries.
Zimbabwe and China also agreed to expand and optimise bilateral trade while accelerating negotiations on the Economic Partnership Agreement for Shared Development.
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The agreement is intended to provide a stable institutional framework for trade and investment between the two countries.
The two sides further agreed to encourage more Chinese companies to invest and operate in Zimbabwe while supporting the expansion and upgrading of the country’s mining value chains.
The discussions also covered industrial transformation, with both countries committing to advancing cooperation aimed at strengthening Zimbabwe’s industrial capacity.
Chinese Ambassador to Zimbabwe Zhou Ding attended the session.
The Joint Commission serves as a platform for Zimbabwe and China to review bilateral economic, technical and trade cooperation and identify areas for further collaboration.
The latest meeting comes as the two countries continue to implement agreements and cooperation frameworks covering trade, investment, mining and industrial development.
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