Russia, Zambia to help boost Malawi’s mining industry

New envoys for Zambia and Russia to Malawi have pledged to help Malawi boost its mining sector which is steadily showing signs of growth.

Zambian Ambassador, Charles Banda, and Russia’s  Sergey Bakharev said in Lilongwe when they presented their letters of credence to  President Joyce Banda.

“Malawi is now becoming a mining country and as you know Zambia has been in the mining industry even before gaining independence and for that we believe we can help with the expertise so that Malawians can also realize their dream of becoming a mining country,” the Zambia envoy told reporters after a closed door meeting with President Banda.

He said Malawi and Zambia’s relation was not only bilateral but also blood as there are several Malawians living in Zambia and vice versa and as neighbours they again share similar interests in terms of trade and culture .

New Russian Ambassador to Malawi, Bakharev presenting his letter to President Banda

New Russian Ambassador to Malawi, Bakharev presenting his letter to President Banda

And Bakharev, who will be based in Harare, Zimbabwe, on non-residential basis, also said there were promising prospects of cooperation with Malawi in various fields which include mining, information technologies, transport, construction, irrigation, agriculture and professional training.

During the meeting with the president, they discussed about promoting and enhancing trade between the neighboring countries to ensure that they enjoy benefits and products.

Diplomatic relations between Malawi and Zambia were established soon after Malawi’s independence and they have remained cordial while with Russia it dates back to 1993.

According to Bakharev, the volume of trade between Russia and Malawi has been growing steadily in the past few years from USD 49.8 Million in 2007 to USD 73.6 Million last year.

Receiving letters of credence from His Excellency Mr Charles Romel Banda the new Zambian High Commissioner to Malawi.

Receiving letters of credence from His Excellency Mr Charles Romel Banda the new Zambian High Commissioner to Malawi.

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