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Australia to re-launch trade ties


The Australian embassy will next week re-launch the Zimbabwe Australia Business Council (ZABC) as efforts to normalise relations and grow business opportunities between the two countries continue.

ZABC is a non-political association of business persons who are currently trading and those intending to seek trading opportunities for trade with Australian companies.

In a statement, the embassy said ZABC seeks to enhance trade and investment between the two countries by acting as a conduit of business information between current and potential business partners in each country.

The re-launch is set for August 9.

Established in 1994, ZABC members are drawn from Zimbabwe’s commercial sector and Australian companies operating locally.

It is a voluntary organisation comprising individuals, companies and organisations sharing a common interest in developing viable trade and investment links between Zimbabwe and Australia.

“In many respects, the creation of the ZABC reflects the changing commercial environment in Zimbabwe, in particular emphasis towards external trade and the promotion of exports, and attracting foreign investment,” the embassy said.

“The ZABC works to harness some of that change towards greater association with Australian interests.”

The event would be attended by Australian ambassador to Zimbabwe Matthew Neuhaus and interim chairperson Andrew Macpherson.

Former High Commissioner to Zimbabwe Kerry Sibraa will be the guest of honour.

It said the association was about bringing together people who can do business in Zimbabwe and Australia.

ZABC would provide this means through encouraging and enabling members and their business partners to participate in the commercial promotion of their businesses and proposed activities.

“Providing information and briefings for members on business conditions and opportunities, engaging with the government entities on behalf of members to improve prospects for trade and investment between the two countries,” the embassy said.

The association would also facilitate the staging of events for members to develop business relationships that could strengthen prospects for trade and investment between the two countries as well as promoting Zimbabwe as a viable business destination through Australian public media and relevant Australian business associations.

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