TRADE FINANCE IN ZAMBIA: PROBLEMS AND PROSPECTS OF COOPERATION WITH RUSSIA

Author(s): Tabitha P., Gorbacheva T.A.

Rubric: Domestic and foreign trade

DOI: 10.21777/2587-554X-2025-3-79-87

Release: 2025-3 (54)

Pages: 79-87

Keywords: trade finance, Zambia, Russian-African cooperation, digitalization, economic diversification, SMEs, institutional barriers

Annotation: The article provides a comprehensive analysis of the current state and prospects for the development of trade financing in Zambia, as well as an exploration of the opportunities for deepening Russian-Zambian cooperation. Special attention is paid to the access of small and medium-sized enterprises to financial instruments, institutional and infrastructure barriers, and the existing gap between supply and demand in the trade financing market. The role of digital technologies is considered, including the introduction of blockchain platforms and mobile ap- plications, as well as the impact of regulatory reforms aimed at reducing security requirements and simplifying procedures. The second part of the article focuses on the historical basis of trade and economic relations between Russia and Zambia and identifies key areas for their further development, including agriculture, energy, min- ing, and education. It is noted that the strategic partnership can contribute to the diversification of the Zambian economy, reduce dependence on copper exports and create new growth points. Additionally, the importance of educational and personnel initiatives that provide training for joint projects is emphasized. It is concluded that there is a need for institutional strengthening, the development of modern trade support mechanisms and the implementation of strategic joint projects.

Bibliography: Tabitha P., Gorbacheva T.A. TRADE FINANCE IN ZAMBIA: PROBLEMS AND PROSPECTS OF COOPERATION WITH RUSSIA // Economics and Management. – 2025. – № 3 (54). – С. 79-87. doi: 10.21777/2587-554X-2025-3-79-87