Zambia has signed a US$ 15.8 million dollars economic and technical corporation grant agreement with China.
China and Zambia on Monday signed bilateral agreements in different sectors aimed at strengthening relations between the two countries.
Chinese Vice Minister of Commerce Li Jinzao, who is leading a delegation from the Chinese government, signed various agreements with Zambian Finance Minister Alexander Chikwanda after bilateral talks in Lusaka, the Zambian capital.
While acknowledging the long-standing relations between the two countries, the official emphasized the need for the two countries not to do anything that may undermine the relations
Among the agreements include:
- Provision of grants on economic and technical cooperation
- Implementation of the technical cooperation for an agricultural technology demonstration center
- The provision of solar mobile power system
- Supporting the project of Confucius Institute of the University of Zambia, Zambia’s biggest learning institution.
- Hosting of two seminars for Zambian government officials in China
- The construction of the Chinese Doctors’ residence at the Levy Mwanawasa general hospital
- A protocol on the 15th economic and technical cooperation for the Tanzania-Zambia Railway (TAZARA), which will also include Tanzania.
Acting Republican President and finance and National planning minister Alexander Chikwanda signed on behalf of the Zambian government while vice minister of commerce Li Jinzao signed on behalf on behalf of the government of the people’s republic of China.
Speaking after signing the agreements in Lusaka yesterday, Mr. Chikwanda said the economic and technical corporation grant will go a long way in improving skills for the country’s manpower in various sectors.
And Chinese vice minister of commerce Li Jinzao said during the start of the bilateral talks that the purpose of his visit is to strengthen the bilateral relations between the two countries that have existed for a long time.
“These concrete measures (agreements) will go a long way in improving the livelihoods of the people of Zambia,” he said.
While acknowledging the long-standing relations between the two countries, the official emphasized the need for the two countries not to do anything that may undermine the relations, adding that there is need to continue building up on the relation.
“What we do should be for the satisfaction of the people in both countries,” he added.
Mr Li underscored that Zambia is one of the largest beneficiaries of Chinese grants in Africa.Speaking through an interpreter he said that Zambia’s exports into China hit a record high US $2.8 billion dollars in 2011 adding that his government will work to further enhance trade between the two countries.
He further emphasized the need for the three partners in TAZARA to find a lasting solution to the problems that have engulfed the railway line so that it could start operating normally.