You are here: Home News Politics Liberia, China Sign US$15M Agreement

Liberia, China Sign US$15M Agreement

E-mail Print PDF
TRANSLATE TRANSLATE
Liberia, China Sign US$15M Agreement

The Governments of Liberia and the People’s Republic of China have signed an Economic and Technical Cooperation Agreement whereby the latter will provide Liberia approximately US$15 million.

Liberia’s Foreign Minister Augustine Kpehe Ngafuan and China’s Ambassador to Liberia, His Excellency Zhao Jianhua signed on behalf of their respective countries during the brief ceremony held at the Ministry of Foreign Affairs on Capitol Hill.

The US$15 million, according to Chinese Ambassador Zhao, is meant to finance projects both the Liberian and Chinese governments have agreed upon, primarily the Ministerial Complex, the Monrovia Vocational Training Center (MVTC) expansion project and possibly the National Legislature Annexes, among others.

Foreign Minister Ngafuan, on behalf of President Ellen Johnson Sirleaf, thanked the Chinese Government for the assistance.

"Through these initiatives, we are delivering on the expectations of our people", the Foreign Minister noted.

Earlier, Chinese Ambassador Zhao who expressed delight over the agreement remarked that Liberia, under the leadership of President Ellen Johnson Sirleaf, has made significant and comprehensive achievements on its way to recovery and reconstruction as the country enters its phase of transformation.

Ambassador Zhao stated: "It is yet another demonstration of China’s support to the Liberian government and peoples to move it forward in the areas of economic and social development. It also demonstrates our confidence in Liberia’s future."

The Chinese diplomat remarked that by signing the document and providing such assistance, it is China’s way of expressing its appreciation of Liberia’s friendly cooperation with China.

He then promised China’s continual aid to Liberia as a good friend and good partner.


 

Add comment

Security code
Refresh

ADVERTISEMENT

THOUGHTS, POLITICS & PEOPLE

Thoughts, Politics & People

“The Legislature Is Independent”

Read More

THE ORIGINAL LETTER TO GOD

The Orignal Letter To God

Lord, They Say will really kill us, oh

Read More

BUSINESS & FINANCE

Business & Finance

Business Development Strategies

Read More

Opinions & Features

Lord, They Say will really kill us, oh: You know, it is often said that if you have a problem and do not accept
Exclusive Interview: Pres. Johnson-Sirleaf Faces New Dawn
Feature Article: Economic Theory, Public Policy & Allocation of Scarce Resources: Case for MTC
Feature Article: Illicit Financial Flows from Africa: A Wake up call for Major Stakeholders
Feature Article: An Elder’s Commentary on Joint Council of Chiefs and Elders Meeting in Zwedru

Who's Online

We have 369 guests online