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Malawi ,UK Agree to Boost Trade and Investment

President Peter Mutharika says Malawi and United Kingdom (UK) have agreed to continue boosting trade and investment between the two countries.

President Peter Mutharika said the remarks after meeting UK Minister of Investment and International Trade Graham Stuart at the UK-Africa Investment Summit in London.

“On Monday, January 20, I met in audience Honourable Graham Stuart, UK Minister for Investment and International Trade,”

“During the meeting, we tackled issues of mutual interest in order to boost trade and investment,”he said.

Mutharika said UK is committed to continue investing in Malawi.

“We talked about the prospects of the UK investing more in Malawi. And the British government is determined to continue working with Malawi for the benefit of our people,” he said.

According to Mutharika, Stuart is committed to help Malawi grow new industries.

“UK government is channelling billions of private investment into Africa, Malawi inclusive, to boost job creation and growth, innovation in technology, infrastructure and finance which can feed our demand for sustainable growth,”

“Therefore, this Summit is a great opportunity for us to grow and see many British firms investing in our country – benefiting our people and businesses for mutual prosperity,” he said.

About Bright Malenga

Bright Malenga is a Malawian young Media and Communications ethusiast. He is currently pursuing Bachelor of Science in Mass Communication (BSc MAC) at Islamic University in Uganda (IUIU).

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