GIBF E Magazine AUG-SEPT-2019 GIBF The Business Tycoons Magazine Aug-Sept | Page 31

ECONOMIC BILATERAL AGREEMENTS AND MOU's
ISRAEL-UKRAINIAN BILATERAL COOPERATION DEAL
The Israeli prime minister and Ukrainian president agree to increase investment
and expand cooperation on technology, education, agriculture, culture and sports.
Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr
Zelensky signed bilateral agreements on Monday, a day after the Israeli leader
landed in Kiev for an official visit. In a statement following the signing at the
presidential palace, the two leaders said both countries agreed to boost
investment and expand cooperation on technology, education, agriculture, culture
and sports. Zelensky said Ukraine was going to open a special investment office in
Jerusalem, while Netanyahu said Israel would do the same in Kiev. Speaking next
to Zelensky, Netanyahu praised the flourishing relations and increasing
technological ties between the two nations.
“I think the future belongs to those who innovate; Israel is the quintessential
innovation nation,” said Netanyahu. “Ukraine has enormous talents and
capacities. We have discovered this because Israeli companies are here, we
engage with tens of thousands of talented Ukrainians in mathematics and
computer engineering, in every conceivable field of modern technology. We see
their talent, we both see the opportunity, we want to seize the future.”
ZAMBIA, SOUTH AFRICA CEMENT BILATERAL TIES
Acting Minister of Foreign Affairs Vincent Mwale has called for stronger existing
bilateral relations between Zambia and South Africa. He noted that the two
governments need to build on the historical relations already established by the
founding fathers. Mr. Mwale who is also Minister of Local Government and
Housing was speaking during the opening of the Heads of Mission Conference for
the African region of the Republic of South Africa. He said he was hopeful that the
deliberations will focus on pertinent matters that will continue to drive the foreign
policy.
ZIM, NAMIBIA SIGN SEVEN AGREEMENTS
ZIMBABWE and Namibia yesterday signed seven bilateral agreements under the
9th Zimbabwe-Namibia Joint Permanent Commission on Cooperation (JPCC), with
President Mnangagwa and his host, President Hage Geingob, undertaking to
further strengthen economic ties between the two countries. Relations between
Zimbabwe and Namibia date back to the two countries' liberation struggles, and
yesterday, the two Presidents shared anecdotes of how the countries have been
consolidated over the years. Some of the deals include a Memorandum of
Understanding (MoU) on promotion of small to medium enterprises, with particular
focus on women; terms of reference on joint trade and economic cooperation; and
a revised MoU on information and media.
The two countries agreed to cooperate in the area of science and technology
development, while the Zimbabwe Revenue Authority (Zimra) and the Namibian
Customs and Excise Department signed an agreement on mutual customs
administrative assistance. Zimra and the Namibian Customs and Excise
Department also signed an agreement on practical implementation of bilateral
trade agreements while Mashonaland West Province and Namibia's Kavango
eastern region agreed on a twinning arrangement.
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