Liberia and China Sign Bilateral Agreements

Saturday, 11th July 2009
Beijing, China - The Peopleís Republic of China and the Liberian Government have signed an agreement under which China will provide a 70,000,000 Renmibi Yuan (equivalent to about USD$10 million) grant to Liberia for completion of projects agreed upon by the two countries.

According to the agreement signed July 10 in the Great Hall of the People in full view of  Vice President Xi Jinping of China and Vice President Joseph N. Boakai of Liberia, the assistance which is in fulfillment of the outcomes of the 2008 Beijing Summit, otherwise known as the Forum of China-Africa Cooperation, is intended to further enhance friendly relations and promote economic and technical cooperation between Liberia and China.

The Liberian Government said the amount will be used to complete construction work on the new Ministry of Health and Social Welfare in Congo Town and other projects.

According to the agreement, four hundred thousand Yuan of this amount will go to dispatching a Chinese technical team to survey the project which was started during the Samuel Doe administration, but abandoned in the 1980s when the Doe Government broke diplomatic ties with Mainland China and opened diplomatic ties with Taiwan, now considered a renegade province of the Peopleís Republic of China.

According to the agreement, part of the amount will be used for purchasing Artemisinin-based anti-malaria drugs worth 2,000,000 (two million Reniminbi Yuan ) for donation to the Liberian Government.

Chinaís Vice Minister of Commerce, Honorable Fu Ziying, signed for his government while Planning and Economic Affairs Minister, Amara Konneh. signed for the Liberian Government.