LUSAKA, Sept. 4 (Xinhua) -- The governments of Zambia and New Zealand on Monday signed a framework development cooperation agreement aimed at facilitating and enhancing bilateral economic and technical cooperation between the two countries.
Secretary to the Treasury in Zambia's finance ministry Fredson Yamba signed on behalf of his government while High Commissioner to New Zealand Mike Burrell signed on behalf of his country.
Under the agreement, New Zealand will give Zambia a grant for implementation of a dairy transformation program, offer technical assistance in the energy sector, particularly renewable energy, as well as give scholarships and awards to Zambians for studies and professional training in New Zealand, according to a statement released by the finance ministry.
The agreement will also see Zambia benefiting through provision of equipment, materials, goods and services while feasibility studies will also be carried out to promote growth enhancement relations between firms and institutions.
The Zambian government official said the signing of the agreement attests to the resolve by the government to seek strategic partnerships in developing the country.
The agreement, he added, will deepen the country's industrialization and economic transformation agenda.
