The New Times (Kigali) Government Supporting Daily

Africa: Kagame Addresses China-Africa Summit

President Paul Kagame yesterday addressed the opening ceremony of the fourth Forum on China-Africa Cooperation held in Sharm el-Sheikh, Egypt.

Kagame is in North Africa to attend a summit with 50 African leaders as Beijing seeks to expand its diplomatic and economic influence on the resource-rich continent.

President Kagame in his capacity as Chairman of the East African Community said that the forum was an occasion for China and Africa to reflect together on the tremendous trade and investment opportunities available, and to take advantage of ongoing regional integration from which both China and Africa can benefit.

"I am happy to note that advancing regional integration benefits Africa as well as our Chinese partners given the size of the combined markets, growth and attractive economic returns. In Rwanda and the East Africa region, we already see the impact of this collaboration, which has experienced a considerable boost since the last China-Africa summit in Beijing three years ago."

Kagame said trade between East African countries and China had grown by over 200 percent from 2007 to the present. He said in Rwanda alone, business with China had quadrupled in the last four years.

"To harness the vast regional potential for commerce and investment, we have identified modern infrastructure projects to connect East Africa via road, rail and the internet among others. Partnership is key to advancing on this front," the President told the summit.

"Projects such as the railway line connecting the port of Dar es Salaam to Rwanda, Burundi and DRC offers a strong and credible platform for collaboration between China and East African region within the FOCAC framework". Kagame said.

Kagame called on African leaders, governments and especially members of the private sector to play a leading role in continuously engaging to articulate Africa's development priorities in the partnership with China.

"First of all, the onus is on us as leaders, governments, and the private sector especially, to fully engage at every stage, and clearly articulate our development priorities in this partnership."

"We have, here, an invaluable opportunity not only to further pursue trade relations that can transform the lives of millions - but also to redefine the way we do business for sustainable wealth creation on both sides of the transaction," Kagame said.

Direct Chinese investment in Africa soared from US$ 491m in 2003 to US$ 7.8bn last year. Trade between the two has increased tenfold since the start of the decade.

The meeting is expected to approve the Sharm el-Sheikh Declaration and action plan that consists of drawing up new programs of China-Africa cooperation in the next three years.

The meeting also aims to explore new proposals on Sino-African cooperation in areas such as agriculture, infrastructure, investment and trade and human resource development.

Currently, China maintains trade with all 53 African states.


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Comments 1 to 5 of 6 Post a comment

  • Riot5000
    Nov 9 2009, 01:39

    Try to get the west to match that. The west only cares for things that destabilize and impoverish the African continent.

  • Mame
    Nov 9 2009, 02:24

    Yeah yeah yeah, but Kagame doesn't care about the human rights of Innocent Irankunda. Why should anybody respect his or China's shining human rights' records? The West? Yes, the West fails, but it also succeeds in guaranteeing some human rights--that is PEOPLE in the West not the governments.

  • luislandau136
    Nov 9 2009, 19:23

    You reeally ought to be kidding aren't you? WHAT HUMAN RIGHT YOU ARE TALKING ABOUT? IN US? LOL!

  • fmd
    Nov 13 2009, 02:02

    The U.S.A. is not "the West", as a matter of fact. Further, Innocent Irankunda would have more rights in an American prison than he does in Rwanda. What planet are you visiting from?

  • upliftdarace_144
    Nov 9 2009, 08:05

    THE ROBBERS OF OUR PEOPLE ARE FULFILLING PROPHECY

    [Daniel 11:14 ] And in those times :

    a) there shall many stand up against the king of the south(AMERICA / BABYLON ):

    b) ALSO the ROBBERS OF OUR PEOPLE shall exalt themselves to establish the vision; BUT THEY SHALL FALL !

    FRITZ SPRINGMEIER A Bold Christian Truthseeker

    The Top 13 Illuminati Bloodlines

    [ http://www.youtube.com/watch?v=k73Q2_f4vKU ]

    * 16 European Nations . Met And Plotted On How They Would Rob Africa Of Its Riches.

    * They met during two(2) Periods of time in two(2) places

    * The General Act Of Berlin Conference (Nov, 1884 to February, 1885)

    * Brussels Belgium to finalize SECRET agreements ( Nov, 1889 to July 1890)

    * The Book “King Leopold’s Ghost (1998) by Adam Hochschild documents some of This information.

    The following Nations (Households) - Planned how they would divide among themselves our AFRICAN Riches.

    1) Austria-Hungary - Francis Joseph I Charles - August 18, 1830 -

    2) Belgium - King Leopold II – April 9, 1835

    3) Denmark - Frederik VIII -June 3, 1843

    4) France - Marie François Sadi Carnot – August 11, 1837 -

    5) Germany - Wilhelm II -– January 27, 1859

    6) Great Britain - Queen Victoria (Hanover) – May 24, 1819 – British Ruler – 2nd

    7) Holland –William III – February 19, 1817

    8) Italy - Umberto I - March 14, 1844 -

    9) Norway - Oscar II [Oscar Frederik] – January 21, 1829 (Also Sweden)

    10) Portugal - Carlos I – September 28, 1863

    11) Russia - Alexander III Alexandrovich – March 10, 1845

    12) Spain - Alfonso XIII – May 17, 1886

    13) Sweden - Oscar II – January 21, 1829 (Also Norway)

    14) Turkey - Abdülhamid II, - September 2 or September 22 - 1842 -

    15) United States - Benjamin Harrison – August 20, 1833 -

    16) Persia (Iran) - Nasser al-Din Shah Qajar – July 16, 1831 –

    Just as Gangsters sell their debt, so have the old list of ROBERS changed over Time.

    Pray People. Trust In God..Not Your So-Called Leaders. Pray For Those Leaders Too.

    They Are Constantly Being Tempted To Think About Their Personal Satisfactions ;

    Rather Than The Future Of Their Nation. The Greatest Is Servant Of All !!!!!!!

    WAKE UP !!! STAY UP !!!

    [ libradio.net]

    [ gcnlive.com ] - Life Is a Game. Have Fun. [ Luke 18:17 / Isaiah 11:6 ]

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