Trade Minister Mutati says the strength of American business in Zambia attracts more outside investment.
“If the American brand is present in Zambia, then the conditions for investment are good," he said. "Then the whole framework of governance and institutions are taken for granted because if Citi says 'I'm there' if General Electric says 'I'm there' you don't need to explain to anybody what your business environment is. They are the ones who are going to talk for you. They will tell the story.”
Secretary Clinton says the growth of American business in Zambia is part of the Obama administration's approach to help developing countries chart their own future and ultimately end their need for aid altogether.
“We want a relationship of partnership not patronage, of sustainability not quick fixes. We want to establish a strong foundation to attract new investment, open new businesses,” she said.
Secretary Clinton came to Zambia for a forum on U.S. trade preferences under the African Growth and Opportunity Act. She continues this African trip with visits to Tanzania and Ethiopia.
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