News / National
Chinese Vice Premier jets off
24 May 2013 at 03:13hrs | Views
Chinese Vice Premier Mr Wang Yang yesterday said his three-day visit to Zimbabwe was meant to consolidate the traditional friendship between the two countries for future co-operation.
Speaking through an interpreter before his departure at Harare International Airport, Mr Wang said without friendship between the two countries there would not be any co-operation.
Mr Wang arrived in Zimbabwe on Tuesday on an official visit to boost business and bilateral relations between Harare and Beijing.
"The most important thing about my visit was to consolidate the traditional friendship between the two countries which is important for our future co-operation," he said.
"Without the traditional friendship, there is no such co-operation and it will not go very far."
During his visit, Mr Wang and Vice President Joice Mujuru presided over the signing of the extension of a US$36 million loan to Zimbabwe for various projects.
Mr Wang met President Mugabe at State House after the signing of the loan deal.
The first agreement signed was an interest-free loan of US$16 million payable over five years.
Acting Finance Minister Samuel Sipepa Nkomo signed the agreement on behalf of Government, while Chinese Vice Minister of Commerce Li Jinzao stood in for China.
Minister Nkomo and Vice Minister Li signed another agreement that would see Harare receiving US$16 a million grant from Beijing for developmental projects.
The two ministers also signed an acceptance letter for 136 boreholes that were drilled in Masvingo, Matabeleland North, Matabeleland South and the Midlands.
Minister Nkomo and Vice Minister Li signed an acceptance letter for the disbursement of US$56 500 for feasibility studies for the drilling of 350 boreholes.
Mines and Mining Development Minister Obert Mpofu exchanged documents with Vice Minister Li for a US$18 million grant that was signed for implementation of a geo-chemical survey in Harare and Gweru.
Zimbabwe has several business deals with China in areas of trade and investment.
Speaking through an interpreter before his departure at Harare International Airport, Mr Wang said without friendship between the two countries there would not be any co-operation.
Mr Wang arrived in Zimbabwe on Tuesday on an official visit to boost business and bilateral relations between Harare and Beijing.
"The most important thing about my visit was to consolidate the traditional friendship between the two countries which is important for our future co-operation," he said.
"Without the traditional friendship, there is no such co-operation and it will not go very far."
During his visit, Mr Wang and Vice President Joice Mujuru presided over the signing of the extension of a US$36 million loan to Zimbabwe for various projects.
Mr Wang met President Mugabe at State House after the signing of the loan deal.
Acting Finance Minister Samuel Sipepa Nkomo signed the agreement on behalf of Government, while Chinese Vice Minister of Commerce Li Jinzao stood in for China.
Minister Nkomo and Vice Minister Li signed another agreement that would see Harare receiving US$16 a million grant from Beijing for developmental projects.
The two ministers also signed an acceptance letter for 136 boreholes that were drilled in Masvingo, Matabeleland North, Matabeleland South and the Midlands.
Minister Nkomo and Vice Minister Li signed an acceptance letter for the disbursement of US$56 500 for feasibility studies for the drilling of 350 boreholes.
Mines and Mining Development Minister Obert Mpofu exchanged documents with Vice Minister Li for a US$18 million grant that was signed for implementation of a geo-chemical survey in Harare and Gweru.
Zimbabwe has several business deals with China in areas of trade and investment.
Source - herald
