Liberia and China Sign Landmark Cooperation Agreement for Development

Liberia and China have signed an Economic and Technical Cooperation agreement aimed at implementing joint projects to promote peace, stability, and sustainable development in Liberia. The agreement was formalized by Foreign Minister Sara Beysolow Nyanti and Chinese Ambassador to Liberia, Yin Chengwu, who emphasized China’s commitment to aiding Liberia.

On April 2, 2025, a significant Economic and Technical Cooperation agreement was signed between Liberia and China. The agreement, finalized on March 28, 2025, aims to foster collaborative projects in various sectors strictly aligned with the mutual objectives of enhancing peace, stability, prosperity, and sustainable development in Liberia.

The signing took place through the Liberian Foreign Minister, Sara Beysolow Nyanti, and Chinese Ambassador to Liberia, Yin Chengwu. Ambassador Yin emphasized that the agreement reflects China’s support and friendship towards Liberia while reaffirming China’s commitment to the outcomes established at the Forum on China Africa Cooperation (FOCAC) Beijing Summit.

During the signing ceremony, Ambassador Yin highlighted that this agreement details funding allocated to projects mutually agreed upon through bilateral discussions. He mentioned that President Xi Jinping had proposed ten action initiatives to advance modernization with African nations during the FOCAC and underscored that China would contribute RMB 360 billion in financial support over three years, with 80 billion designated for various assistance initiatives.

The Ambassador reaffirmed the countries’ strategic partnership, established by President Xi Jinping and President Joseph Nyuma Boakai, which he asserted would bolster bilateral relations. He asserted the commitment to transform the agreement’s principles into tangible actions benefiting both nations.

In her response, Foreign Minister Sara Beysolow Nyanti expressed profound gratitude to China for the partnership. She articulated that this agreement would significantly aid Liberia in bolstering several sectors and underscored China’s role as a crucial strategic partner to Liberia moving forward.

In conclusion, the recently signed Economic and Technical Cooperation agreement between Liberia and China marks a critical development in the bilateral relationship of both nations. The agreement is poised to advance projects aimed at promoting peace and sustainable development in Liberia, demonstrating mutual commitment and strengthened ties between the two countries. The collaboration underscores both nations’ dedication to collective growth and development.

Original Source: thenewdawnliberia.com