Pohamba invites Finnish business community to Namibia

15 Nov 2013 09:10am
By Joseph Nekaya
HELSINKI, 15 NOV (NAMPA) - President Hifikepunye Pohamba has invited members of the Finnish business community to Namibia to explore the business opportunities the country has to offer.
The Head of State made this call on Tuesday at a joint media conference held in Helsinki shortly after a closed-door bilateral meeting involving Namibia and Finland.
Given the floor by Finland’s President Sauli Niinistö, Pohamba started his remarks by saying that the relationship between Finland and Namibia, which dates back to the late 19th century when Finnish missionaries arrived in Namibia, has been going well until now.
“I want to take this opportunity to extend our invitation to the Finnish private sector to come to Namibia, and look around and see in which field they want to invest,” he stated, adding that Namibia is a rich country with untapped resources.
He went on to say that Namibia has an open-door investment policy regulated by law that a company can come to the country and ‘do business alone’, explaining that this means a company can do business without working with a Namibian company.
Companies, however, also have the option to team up with Namibian companies for joint ventures.
“We believe in business because business brings wealth and when you have wealth, you can create jobs for local people and in a way you contribute to the reduction of poverty,” said the Head of State.
Speaking at the same media conference, Niinistö revealed that the two Heads of State had discussions on various issues such as economic, cultural, educational, church and political matters, with both agreeing that economic trade needs to be strengthened between the two countries.
“We have agreed during our discussions to diversify trade between Namibia and our country, Finland,” President Niinistö stated.
He said they also discussed political issues, particularly in the Southern African Development Community (SADC) region, but did not elaborate on what exactly was discussed.
Ahead of the talks, Pohamba was given an official welcome with the presence of a Guard of Honour from the Garrison of Helsinki in complete colours in front of the Government Banquet Hall.
The Namibian Head of State, First Lady Penehupifo Pohamba and the entire delegation comprising Foreign Affairs’ Minister Netumbo Nandi-Ndaitwah; Veterans’ Affairs Minister Nickey Iyambo; Education Minister David Namwandi; and Deputy Minister of Fisheries and Marine Resources, Chief Samuel Ankama, as well as other high-ranking Government officials were received by Finnish government officials.
Pohamba and the Namibian delegation arrived in Finland on Monday for a State visit.
Finland is a Nordic country in the far-north of Europe, with a population of 5,4 million.