Liberia and China Sign Economic Cooperation Agreement for Sustainable Development

Liberia and China have signed a landmark Economic and Technical Cooperation agreement to implement joint projects aimed at sustainable development. Signed by Foreign Minister Sara Beysolow Nyanti and Chinese Ambassador Yin Chengwu, the deal emphasizes mutual cooperation in various sectors. This partnership is aligned with China’s commitment to support Africa as outlined in the FOCAC Beijing Summit.

On March 28, 2025, Liberia’s government signed a significant Economic and Technical Cooperation agreement with China to support joint projects across multiple sectors in the country. This agreement, signed by Liberian Foreign Minister Sara Beysolow Nyanti and Chinese Ambassador to Liberia, Yin Chengwu, aims to enhance collaboration and sustainable development in Liberia.

Ambassador Yin highlighted that this partnership exemplifies China’s commitment to its relationship with Liberia and the outcomes of the Forum on China-Africa Cooperation (FOCAC) Beijing Summit. He emphasized that the agreement reflects a shared dedication to fostering peace, stability, and prosperity in Liberia through jointly determined projects.

The ambassador also noted the $360 billion financial support that China pledged to Africa over three years, with $80 billion designated for various forms of assistance. The strategic partnership between China and Liberia, announced by Presidents Xi Jinping and Joseph Nyuma Boakai, aims to solidify their collaborative efforts and enhance the bilateral relationship.

Ambassador Yin expressed optimism that this agreement would significantly augment practical cooperation between the nations. He reaffirmed China’s readiness to work closely with Liberia to implement the agreement effectively, benefiting both countries’ citizens.

Foreign Minister Sara Beysolow Nyanti expressed her gratitude towards China for this partnership, which she views as a positive step in strengthening various sectors in Liberia. She acknowledged that China is a strategic partner for Liberia and reaffirmed their commitment to the friendship between the two nations.

In conclusion, the recent agreement between Liberia and China marks a pivotal step toward enhancing cooperative relations and promoting sustainable development in Liberia. With a focus on mutual benefits, the partnership aims to address critical sectors through financial assistance and collaborative projects. Both nations reaffirm their commitment to fostering peace and prosperity, ensuring that the agreement translates into meaningful initiatives for the benefit of their citizens.

Original Source: thenewdawnliberia.com