Liberia and China Sign Economic Cooperation Agreement for Development
Liberia and China signed an Economic and Technical Cooperation agreement to implement joint projects across various sectors. The agreement emphasizes peace, stability, prosperity, and sustainable development, supported by China’s significant financial commitment. Both nations express confidence in the partnership’s success for Liberia’s development agenda.
On April 2, 2025, Liberia’s Government and the People’s Republic of China signed an Economic and Technical Cooperation agreement aimed at fostering joint project implementation across various sectors in Liberia. The signing occurred on March 28, 2025, facilitated by Liberian Foreign Minister Sara Beysolow Nyanti and Chinese Ambassador to Liberia, Yin Chengwu. This landmark agreement seeks to promote peace, stability, prosperity, and sustainable development in the country through collaborative efforts between the two governments.
Chinese Ambassador Yin Chengwu described the agreement as a testament to China’s deep friendship and commitment to Liberia. He highlighted China’s dedication to supporting the outcomes of the Forum on China Africa Cooperation (FOCAC) and emphasized that the signed agreement aligns with the ten partnership action initiatives proposed by President Xi Jinping at the recent FOCAC Beijing Summit. Ambassador Yin noted that China would provide RMB 360 billion over three years to Africa, with a portion allocated to Liberia.
Ambassador Yin underscored the importance of the agreement, stating it exemplifies mutual support and reflects the elevation of bilateral relations to a strategic partnership between Liberia and China. He expressed confidence that the agreement would significantly enhance practical cooperation and support Liberia’s ARREST Agenda of Inclusive Development. The commitment signifies a dedication to turning the presidential consensus reached between the countries into actionable results.
In her response, Foreign Minister Sara Beysolow Nyanti expressed her gratitude to China for its cooperation and partnership, stating, “China is a strategic partner to Liberia, and we will continue to be friends.” She acknowledged that this agreement serves as a foundation for further strengthening multiple sectors within Liberia, emphasizing the mutual benefits of the collaboration.
The signing of the Economic and Technical Cooperation agreement between Liberia and China marks a critical step towards enhancing cooperation in various sectors. The agreement symbolizes a strong partnership focused on sustainable development and mutual support, with significant financial commitments from China. Both nations have expressed optimism regarding the outcomes of this collaboration, emphasizing its potential to subsequently elevate the living conditions within Liberia.
Original Source: thenewdawnliberia.com
