China has issued a grant worth Frw5 Billion to Rwanda repayable with no interest. The support aims at facilitating economic and technical cooperation with Rwanda.
The agreement was signed by both ministers of foreign affairs Louise Mushikibawo and Chen Jian vice minister of commerce in China.
Mushikibawo noted that the agreement was significant to Rwanda.
“It is consistent with the government’s efforts to develope our country and substantially change the livelihood of our entire population.
It also confirms our determination to move forward on all aspects of serious economic development of our country,” she said.
She further noted that the amount will be used to support national developmental projects, though officials haven’t prioritized any scheme.
“So far we haven’t discussed on any projects but I think we will select activities that are in line with upgrading infrastructure.”
Regarding economic cooperation, she hailed trade relations with china adding that sustainable development can only result from private business engagement in nation building, yet this can be achieved through the governments will to encourage this option.
Jiani took positively Mushikibawo’s request for both countries to go beyond state to state cooperation to investments in the private sector.
He also promised to advocate for more Chinese entrepreneurs to invest in the country.
Leave a Reply