Foreign news
China, Tanzania upgrade ties to comprehensive strategic cooperative partnership
China and Tanzania have enjoyed a long-lasting friendship and comprehensive cooperation, and the development of the relations is being promoted at a higher level with Tanzanian President Samia Suluhu Hassan’s arrival in Beijing for a three-day visit.
The two countries on Thursday announced the elevation of bilateral relations to a comprehensive strategic cooperative partnership during Chinese President Xi Jinping’s meeting with Hassan, the first African head of state China received after the 20th National Congress of the Communist Party of China.
A ‘true and reliable’ China-Tanzania friendship
Noting that the two countries should take the comprehensive strategic cooperative partnership as a guide to advance cooperation in various fields in the next stage, Xi said China will continue to import more Tanzanian products, support Chinese companies in investing and doing business in Tanzania and provide assistance for Tanzania’s economic and social development.
He said China has always viewed its relations with Tanzania from a strategic perspective and has always been a reliable friend.
The bilateral trade between China and Tanzania has developed rapidly. The trade volume reached $6.74 billion, up 47.1 percent year on year. Among them, Tanzania’s exports to China amounted to $606 million, up 47.3 percent year on year, and the growth rate was faster than the average level in Africa, according to Chinese statistics.
Hassan said Tanzania regards China as a “true and most important friend” and is willing to be a trusted partner of China forever.
She said Tanzania will continue to firmly support China on issues concerning China’s core interests, such as the issues related to Taiwan, Xinjiang and Hong Kong.
The two leaders witnessed the signing of bilateral cooperation documents on trade, investment, development cooperation, digital economy and green development.
The two sides also issued a joint statement on establishing a comprehensive strategic cooperative partnership, covering issues such as leveraging the guiding political role of head-of-state diplomacy, elevating two-way trade, and strengthening coordination and cooperation in international affairs, among others.
Building a China-Africa community with a shared future
In 2013, during his visit to Tanzania, Xi put forth the guiding principles of China’s policy toward Africa, namely sincerity, real results, affinity and good faith, which have since become China’s basic policy on pursuing solidarity and cooperation with other developing countries.
Xi told Hassan that under the new circumstances, the sound development of China-Tanzania relations not only serves the common and long-term interests of the two countries but also is of great significance to building a China-Africa community with a shared future in the new era.
China is ready to create new opportunities for Africa with its new development, take infrastructure as the guide, strengthen cooperation in trade, investment and financing, and foster new drivers of China-Africa cooperation, he said.
Hassan said her country will join China in taking the establishment of a comprehensive strategic cooperative partnership as an opportunity to strengthen practical cooperation in various fields and build bilateral relations into a model of Africa-China relations in the new era.
Highlighting the role of the Forum on China-Africa Cooperation (FOCAC) in promoting the development of African countries, she said Tanzania will continue to actively participate in and support the development of FOCAC.
FOCAC is an effective platform and multilateral mechanism for China and African countries to conduct collective consultations and carry out pragmatic cooperation.
Since the establishment of FOCAC, Chinese enterprises have built more than 10,000 kilometers of railways, nearly 100,000 kilometers of roads, nearly 1,000 bridges, nearly 100 ports and a large number of hospitals and schools in Africa, said Chinese Ambassador to Tanzania Chen Mingjian during a conference on China-Africa cooperation through FOCAC in Tanzania’s Dar es Salaam in October.
In 2021, China-Africa trade volume was $254.2 billion, and China’s stock of direct investment in Africa exceeded $56 billion, 25 times and 100 times that of 2000, when the forum was established, respectively, according to the Chinese envoy
Foreign news
Vietnam committed to collaborate with Nigeria on business, investment opportunities – Envoy
Vietnamese Ambassador to Nigeria ,Mr Bui Quoc Hung has revealed that, Vietnamese government is committed to collaborating with Nigeria to explore business and investment opportunities for cooperation and development.
Hung said this at a business forum jointly organised by the Embassy and Nigeria- Vietnam Economic, Trade and Cultural Association ( NVETCA) in Abuja on Wednesday.
The News Agency of Nigeria (NAN) reports that the business forum is the maiden edition of the roundtable between Nigeria and Vietnam onexploring business opportunities for cooperation and development .
The envoy said that the business meeting was also to explore business opportunities for cooperation and development amongst others.
According to the envoy, the two countries share the same ideas in terms of economic relations, agriculture, food processing and information technology.
“This meeting is not just about business, it is also about building partnerships that can enhance the economic landscapes of both Vietnam and Nigeria.
“I encourage all to engage openly and explore innovative ideas that can lead to successful collaborations.
“Together, we can create opportunities that will benefit both our communities and strengthen our economies, ” he said.
Speaking, Amb. Sani Bako, Chairman of NVETCA said that the main focus for the meeting was to deliberate on agriculture, food processing, import and export amongst others.
According to him, no country has developed without paying due attention to agriculture.
Bako said the Vietnamese experience in exporting goods to China and US could help Nigeria expand its global reach.
He added that both countries needed to harness their potentials with the view to devise more meaningful and deeper ways to forging mutual and beneficial ways of cooperation.
“Since Nigeria established diplomatic relations with Vietnam in 1976, trade has only centered around a few commodities and few sectors in spite of the huge potentials available for trade and economic growth between both countries.
“We want Vietnamese to come and help us develop and grow these business and investment opportunities because there are areas for development that they can compete favourably in Nigeria.
“We also want them to have an Eco telecommunication in the country which will help in job creation,” he said.
Also in his remarks, Gov. Abba Yusuf of Kano state, expressed his administration’s willing to partner with the Vietnamese government to foster trade and commerce.
Yusuf, who was represented by Mr Naziru Halliru, the Director-General, Kano State Investment Agency, said that the state has the population and business acumen to match Vietnamese business cooperation.
( NAN)
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