By Cedric Nkungula
President Dr. Lazarus McCarthy Chakwera says he has secured a market for 10 million kgs of burley and flue – cured Tobacco on his recent China trip.
This is good news to Malawian Tobacco farmers to benefit from their sweat.
The Malawi leader jetted back home on Monday 3rd July 2023 from China where he attended the Third China – Africa Economic and Trade Cooperation (CAETE) Forum.
Updating Malawians through his official Facebook page, President Chakwera explained that the development is a huge incentive to farmers in the country who through extra effort to their trade – will gain from this new economic opportunity.
“In addition, we also reinforced cooperation with China though discussions with government officials and penning of several memoranda of understanding with Huawei Technologies for more cooperation in renewable energy, broadband connectivity, e – government, smart education and ICT talent training,” he said.
On the economic front and as continuation of negotiations with multilateral creditors, says Chakwera, he lobbied China to ease the debt burden that continues to weigh down the country’s economic prospects.
“I am anticipative that these continued discussions will in the end yield good news including a new economic programme with the International Monetary Fund.”
