Zimbabwe`s exports critical for NDS1

Staff Reporter

President Emmerson Mnangagwa said that Zimbabwe`s exports were critical for National Development Strategy 1 (NDS1).

Speaking during the Zimbabwe-Rwanda Trade and Investment Conference today, President Mnangagwa said, ”The theme of this Conference `Explore, Invest, Export` resonates well with the widely accepted view, that trade, investment and exports are key drivers of sustainable socio-economic development and growth.

“In our case, Zimbabwe`s exports are critical aspects of our National Development Strategy 1 and our quest to realize sustainable economic growth. In addition, investments and exports are also key in improving the delivery of quality services to the general populace, including health services, more so as we continue to fight emerging global pandemics such as COVID-19 among others.”

President Mnangagwa said his Government remained committed to creating an environment that is conducive for business, while realizing the expansion of economic cooperation, trade and investment. He further said the Government was ready to welcome investors and global capital from across all countries of the world.

He reiterated that the cordial, fraternal and excellent relations between Rwanda and Zimbabwe should continue to spur growth of business across various sectors of the economy. President Mnangagwa said that Rwanda and Zimbabwe had the collective responsibility to shift the historical trend, which was characterized by low trade volumes between our two friendly countries, despite the existence of huge potential.

President Mnangagwa applauded ZIMTRADE for facilitating the joint efforts from both countries.

“In this regard, I applaud ZIMTRADE and the Rwanda Development Board for the excellent work in facilitating joint efforts and the networking of the private sector from both countries. It is my expectation and that of my dear brother and colleague, the President of the Republic of Rwanda, His Excellency Paul Kagame that, ZIMTRADE and the Rwanda Development Board`s partnership must result in increased trade flows and volumes, while leapfrogging the quality of “Made in Zimbabwe” and “Made in Rwanda” products and goods respectively to penetrate global markets.”

The President also expressed gratitude to ZIMTRADE and the Rwanda Development Board for working tirelessly in organizing the event successfully.

He assured the Rwanda Board that his administration will continue to support trade and investments between Zimbabwe and Rwanda.