ISDS Case Map
Zambia
The UAE Zambia CEPA reflects deeper structural alignments in resource availability, capital flows, and strategic economic positioning. Understanding the mineral exploration importance becomes crucial when examining such partnerships, especially given Zambia's substantial mineral endowments.
Ghana and Zambia have reaffirmed their commitment to deepening long-standing bilateral relations, placing renewed emphasis on boosting intra-African trade and accelerating investment-led growth under the African Continental Free Trade Area (AfCFTA).
Zambia has officially gazetted its Provisional Schedule of Tariff Concessions under the African Continental Free Trade Area Agreement.
Current realities are likely to counter the expectations that the AfCFTA is some kind of silver bullet that will transform Africa, sweeping away decades of embedded dysfunction and challenges.
Zambia has become the latest country to ratify the Tripartite Free Trade Area, bringing the number of countries that have ratified the agreement and deposited the instruments to nine. The agreement, being pursued by COMESA, the East African Community (EAC) and the Southern African Development Community (SADC), needs a total of 14 countries to enter into force.
Zambia wants to sign a free trade deal with Turkey, according to the ambassador of the southern African country, while also inviting Turkish businessmen and the private sector for investment in Zambia.
Trade Minister welcomes collaborations from various partners to create awareness and prepare the private sector and the common man for the agreement.
Zambia did not sign the African Continental Free Trade Area (AfCFTA) as it was still conducting internal negotiations on some protocols in the agreement.
The dispute offers another example of the rising tensions between mining companies and the government leaders in cash strapped countries where they operate.
African policy makers have for a long time taken keen interest in the promotion of intra-regional trade in order to bring about development in the continent.
