Zimbabwe-Belarus business forum

Date: 25 April 2019

The Zimbabwe-Belarus business forum has been organized in Bulawayo by the Belarusian Chamber of Commerce and Industry in cooperation with the Zimbabwe National Chamber of Commerce (ZNCC).

Attending the business forum were Constantino Chiwenga, Vice President of the Republic of Zimbabwe, Mangaliso N. Ndlovu, Minister of Industry and Commerce of Zimbabwe, Tamuka Macheka, ZNCC President, Andrei Shakhanovich, Deputy Chairman of the BelCCI, representatives of a number of ministries, business unions of Zimbabwe, diplomatic corps, more than 120 businessmen of both countries.

The forum's topic was "Expanding Horizons: Dynamic Solutions for Economic Turnaround". The participants discussed priority issues of bilateral trade, economic and investment cooperation, the possibilities of expanding the spheres of interaction. The presentations of the business climate of Belarus and Zimbabwe, infrastructure development opportunities in Zimbabwe, some Belarusian and Zimbabwean enterprises were delivered.

A Memorandum of Understanding was signed during the forum between the Belarusian Chamber of Commerce and Industry and the Zimbabwe National Chamber of Commerce. The document outlines inter-chamber partnership, as well as partnerships in agriculture and mining.

Addressing delegates during the forum, Vice President Constantino Chiwenga said the MOU expands the scope for enhanced cooperation between the two nations. He called on Zimbabwean businesses to grab investment and export opportunities presented by Belarus. "For the local private sector, here is opportunity to expand business horizons, to seize opportunities, which present themselves in terms of ancillary and complementary endeavours, such as provision of manpower, accommodation, food, transport, spares and equipment servicing," he said.

The synergy will drive the competitiveness of the country's key economic sectors as well as pave way for enhanced possibilities to woo further investments, noted the Zimbabwe Minister of Industry and Commerce Mangaliso N. Ndlovu.

The Zimbabwe-Belarus business forum was followed by B2B negotiations. The representatives of Belarusian and Zimbabwean companies discussed the possibilities of further mutually beneficial cooperation in the fields of mechanical engineering, agriculture, medicine and pharmaceutical business, and in other spheres.