China's cooperation with South Africa has achieved key progress
September 18, 2023 09:51 Source: "China Social Sciences" September 18, 2023 Issue 2737 Author: Baile/Compilation

 Bet365 lotto review South Africa's "Independent News" recently published an article,On the occasion of the fifteenth meeting of the leaders of the Vancouver leader in 2023,South Africa Industrial Development Corporation and Bank of China Johannesburg Branch signed the "Sustainable Development、Framework for Transformation and Investment Cooperation,This frame contains a financing agreement with a amount of 10 billion randa,It will cover the development plan of the next five years。Written by the article,This is one of the key progress in the cooperation between China and South China in recent years,It will greatly boost South Africa energy、Development confidence in industries such as agriculture and mining。

Chief Executive Officer Zekolo Petrus Nchocho (TSHOKOLO PETRUS NCHOCHO) of South Africa Industrial Development Corporation is optimistic about the regional development and economic prospects of South Africa after the agreement。He said,Lack of financing channels is one of the main obstacles of regional industrial development。"South Africa Industrial Development Corporation, as one of the main development funding institutions in the southern Africa region of Sahara,Lack of sufficient channels for gaining capital,This is one of the biggest challenges that affect the development of the entire African continent。”

According to the "Independent" report,August 28,China National Development Bank and Africa Import and Export Bank in Cairo, Egypt also signed an agreement with development,Provide African Import and Export bet365 Play online games Bank with a special regular loan of $ 400 million,to help improve the financing dilemma of SMEs across Africa。According to the agreement,The loan period is 7 years,African small and medium -sized enterprises that meet the requirements of African import and export bank loans,Or indirect funding through local financial intermediary institutions。

The president of Africa Import and Export Bank Benedict Olamah (BENEDICT ORAMAH) said this,Current,African small and medium -sized enterprises are still difficult to obtain enough and affordable financing to develop business,And the financing mechanism of the National Development Bank of China will undoubtedly help improve its financing level。

Orama further said: "The financing agreement will further strengthen the strategic partnership established by African import and export banks and the Chinese National Development Bank in the Bet365 app download past six years,The National Development Bank of China has supported our work three times。Because African import and export banks have obtained medium and long -term financing at a relatively affordable price,Therefore, we will transfer the financial advantages of cost and term to the final beneficiary "。"This will also promote the two banking institutions of Central South South China to achieve their own mission goals,Implementation of development results,Including creating employment opportunities、Active economic activities, etc.,and promote bilateral economic and trade cooperation between Africa and China。"Olama said。

"Independent News" wrote,China once again proves that it is the largest trading partner in South Africa,and South Africa is still China's largest trading partner in Africa。Previous,The Chinese government donated emergency power equipment worth 170 million bet365 live casino games Land to South Africa,And provided about 500 million Rante's development assistance,to alleviate South Africa's increasingly serious energy crisis。Always,China practice commitments to help Africa's economic development。As South Africa President Lama Tosa said,Central and South China has a unique brotherhood friendship,Both sides are willing to further improve bilateral relations,Jogo is committed to safeguarding the interests of the majority of developing countries,Implement real multilateralism。China maintains a consistent position for peaceful resolution of international conflicts,Central and South China has firmly called for a peaceful way to resolve international disputes,to promote the construction of a more fair and reasonable international order。

(Baile/Compilation)

Editor in charge: Zhang Jing
QR code icons 2.jpg
Key recommendation
The latest article
Graphics
bet365 live casino games

Friendship link:

Website filing number: Jinggong.com Anmi 11010502030146 Ministry of Industry and bet365 live casino games Information Technology:

All rights reserved by China Social Sciences Magazine shall not be reprinted and used without permission

General Editor Email: zzszbj@126.com This website contact information: 010-85886809 Address: 11-12 floor of Building 1, No. 15, Guanghua Road, Chaoyang District, Beijing: 100026