In a bid to capitalise on the livestock and arable land in Zambia and Burundi, the two countries have agreed in principle to review the existing bilateral trade agreement in agricultural products under memoranda of understanding (MoUs) and to bolster foreign exchange earnings.
Zambia and Burundi have trade agreements under way and import and export to and from each other maize, raw sugar, rolled tobacco, and wheat, among other produce.
Trade export volumes in commodities like salt, sulphur, sand, stone, plaster, lime and cement, grains, sugar and sugar confectionery over the past five years have averaged US$25,05 million (around R445,7 million).
Under the two new MoUs, as well as another to encourage research in agriculture, fisheries and livestock, Zambia's President Hakainde Hichilema and Burundi's President Évariste Ndayishimiye hope to double…