Africa seeks balance in cooperation with china

Beijing – The need for achieving a cooperation that provides mutual gains is the backdrop of the III Forum on Africa-China Cooperation (FOCAC-2018) taking in Beijing from September 3 to 4.

The forum is bringing together over 50 African officials, whose countries have diplomatic relation with China.

The Angolan president, JoAPound o Lourenco, who is accompanied by the First Lady, Ana Dias Lourenco is since Saturday in Beijing ahead of a delegation integrated by the Foreign Affairs and Finance ministers amongst other national entities.

The two-day meeting is expected to adopt a declaration on political principles that will guide China-Africa cooperation and the 2019/2025 action plan, which integrates several sectors such as agriculture, development of infrastructures, human resources and transfer of technology.

At bilateral level, Angola is seeking to influence the continuation of the Chinese support to future and underway projects in the country and lure China’s private investment in several sectors that direct and indirectly contribute to economic and social development of the country.

It is also of interest of Angola, to contribute to the adoption of a declaration and an action plan that meet the anxieties of the African continent and the country in particular, taking into account the its priorities for the development of the nation.

The top issue being discussed in the summit is the inclusion of an action plan that provides reciprocal gains.

China absorbs 28 percent of the crude oil from Africa.

The meeting is also being attended by the UN Chief, Antonio Guterres, the chairperson of the African Union Paul Kagame and the Chairperson of the Commission of the African Union, Moussa Faki Mahamat, among other guests.

Source: Angola Press News Agency