Political Economist

Top Menu

  • Home
  • About us
  • Contact us

Main Menu

  • Local News
  • World News
  • Business & Economy
  • Sports
  • Commentaries
  • Home
  • About us
  • Contact us

logo



Political Economist

  • Local News
  • World News
  • Business & Economy
  • Sports
  • Commentaries
  • LASG SET TO REMOVE ILLEGAL STRUCTURES ON PROPOSED WORKERS SCHEME

  • COVID-19: We must focus on opportunities the pandemic provides, make the best of the situation – Osinbajo

  • Armed Forces Remembrance Day : Boko Haram is weaker today than in 2015 – Presidency

  • EPL: Iwobi scores as Everton beat Wolves; Pogba powers Man United to top of table

  • LAGOS CBD INTENSIFIES SENSITISATION ON SECOND WAVE OF COVID-19

Local News
Home›Local News›Nigeria, China strengthen economic, technical ties

Nigeria, China strengthen economic, technical ties

By Admin
July 11, 2013
289
0
President-Goodluck-Jonathan
President-Goodluck-Jonathan

President-Goodluck-Jonathan

President Goodluck Jonathan and President Xi Jinping of China yesterday in Beijing presided over the signing of five agreements to boost financial, trade, economic, technical and cultural relations between Nigeria and China.

The agreements which were signed after bilateral talks between the two leaders and their delegations include the Framework Agreement on  Comprehensive Financial Cooperation In Support of Nigeria’s Economic Development and a Preferential Buyer Credit Agreement for Nigeria’s Four Airports Expansion Project.

Others were a new Agreement on Economic and Technical Cooperation between Nigeria and China, an Agreement on Mutual Visa Exemption for holders of diplomatic and official passports from both countries and an Agreement for the Prevention of the Theft, Illicit Import and Export of Cultural Property.

Speaking before the commencement of the talks, President Jonathan thanked President Jinping and the people of China for the warm reception accorded him and the First Lady, Dame Patience Jonathan since their arrival in Beijing Tuesday.

The President assured President Jinping that the Federal Government is fully committed to sustaining and developing the strategic partnership between Nigeria and China for the mutual benefit of the two countries and their people.

He said that in spite of the many positive developments in bilateral relations between the countries in recent years, there was still ample scope for increased trade and direct investment from China in Nigeria.

President Jinping assured President Jonathan that China will continue to work with Nigeria in all possible areas in furtherance of the development agenda of both countries.

Earlier in the day, President Jonathan met and invited Senior Executives of several Chinese conglomerates to initiate fresh investments in Nigeria or increase existing ones, saying that the Federal Government was committed to doing all within its powers to expand Nigeria’s domestic manufacturing capacity.

Those the President met with included top executives of Huawei Technologies Limited, China Great Wall Industries, ZTE Corporation, the State Grid Corporation of China, the NIC/SINOPEC/CGC Consortium, the China Railway Construction Corporation and the China Harbour Engineering Corporation.

At a breakfast meeting with African Ambassadors to China, President Jonathan reaffirmed his conviction that African countries needed to strengthen their institutions of democratic governance to guarantee political stability and sustained development.

He said that democratic governance ought to be nurtured and encouraged until it takes firmer root across the continent, adding that the African Union must continue to stand against unconstitutional changes of government in member-states.

The President regretted recent political developments in Egypt and called for a speedy return by the country to constitutional order and governance.

Noting that the Forum on China-Africa Cooperation has become a useful framework for engagement between Africa and China, President Jonathan said that the African Union may consider the establishment of a representative office in Beijing to facilitate closer ties between the Asian economic giant and African nations.

President Jonathan will meet with Premier Li Keqiang and the Chairman of the Standing Committee of the National Peoples Congress, Mr. Zhang Dejiang today for further bilateral talks.

He will also address Chinese investors and their Nigerian counterparts at a business forum in the China World Trade Centre in continuation of his state visit to the country.

Tagsmainnewsmainnews2newsbar
Previous Article

FCMB rebounds to profitability

Next Article

Hope rises for the digitally excluded in ...

Related articles More from author

  • Local News

    30-year-old man found dead in burrow pit, police investigate

    December 12, 2017
    By Admin
  • Local News

    University Education Standard: Okowa Charges NUC to Strengthen Regulation

    March 20, 2016
    By Admin
  • Local News

    President Buhari Orders Probe of Weapons Procurement Since 2007

    August 24, 2015
    By Admin
  • Local News

    How Oando, Conoil, Total, others swindled FG of N349bn, EFCC recovers N328bn; outstanding debt now N20bn

    July 27, 2017
    By Admin
  • World News

    How UK can block money laundering deals from Nigeria, other nations – New Report

    June 26, 2017
    By Admin
  • Breaking News

    WAEC show of shame, by Ken Ugbechie

    September 25, 2016
    By Admin

You may be interested

  • Breaking NewsBusiness & EconomyLocal News

    FIRS to begin nationwide tax enforcement exercise Dec. 18 

  • Local News

    After interview against Buhari, Ibrahim Shekarau is to be arraigned

  • Special Reports

    Turning a blind eye to Human Rights Violations, corruption, the oil and gas industry hurts Africans – Ayuk

Fidelity Advert
  • LATEST REVIEWS

  • TOP REVIEWS

  • NDIC Pays N1.45bn to Over 16,000 Depositors of 34 Closed DMBs in 2017– Report

    0
  • Gboko killings: Police DPO under interrogation, others arrested —CP

  • NSE market indices drop by 1.64% after Christmas holidays

    0

    Timeline

    • January 16, 2021

      COVID-19: LASG Extends Work-From-Home Directive As Virus Surges On

    • January 16, 2021

      U.S. Senate Republican asks tech firms to explain account, content removals

    • January 16, 2021

      Uganda Decides: President Museveni wins 6th term, re-elected with 58% votes

    • January 16, 2021

      Three UN peacekeepers killed in 3 days in CAR, Mali

    • January 16, 2021

      NDDC appointment: Malami denies collecting bribe from Apkabio

    Latest Comments

    • Justopec
      on
      April 24, 2017
      Good one for the NPF.

      Police foil another suicide bomb attempt in Borno, kill three bombers

    • Justice Shedrack
      on
      April 24, 2017
      Nice

      Police foil another suicide bomb attempt in Borno, kill three bombers

    • Anonymouse
      on
      February 8, 2017
      This is nice...

      Qatar Airways makes history, completes first longest non-stop flight of 16 hours from Doha to New ...

    • Justice Shedrack
      on
      January 19, 2017
      Na wa ooooo

      Confusion in Gambia, Jammeh stays put, Barrow to be sworn in at Gambia embassy in Senegal

    • Taje
      on
      November 10, 2016
      It's true. Debrecen looks like africa and not europe. Too much "blackness"

      Exclusive: Nigeria Has Highest Number of International Students in Hungarian University, Says Ambassador Yunusa

    logo

    Political Economist is a liberal news magazine with global affiliations.

    We promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists...

    About us

    • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
    • +234 805 680 1124
    • info@politicaleconomistng.com
    • Recent

    • Popular

    • Comments

    • directive

      COVID-19: LASG Extends Work-From-Home Directive As Virus Surges On

      By Admin
      January 16, 2021
    • Senate

      U.S. Senate Republican asks tech firms to explain account, content removals

      By Admin
      January 16, 2021
    • Museveni

      Uganda Decides: President Museveni wins 6th term, re-elected with 58% votes

      By Admin
      January 16, 2021
    • Peacekeepers

      Three UN peacekeepers killed in 3 days in CAR, Mali

      By Admin
      January 16, 2021
    • Jonathan Sacks IGP Abba, Appoints Arase

      By Admin
      April 21, 2015
    • Zinox iPower Inverter Claws to Market Dominance

      By Admin
      November 24, 2014
    • Police foil another suicide bomb attempt in Borno, kill three bombers

      By Admin
      April 24, 2017
    • Your Kidney is Your Life, Watch Your Lifestyle, Counsels Dr. Amira

      By Admin
      February 27, 2015
    • Justopec
      on
      April 24, 2017

      Police foil another suicide bomb attempt in Borno, kill three bombers

      Good one for the ...
    • Justice Shedrack
      on
      April 24, 2017

      Police foil another suicide bomb attempt in Borno, kill three bombers

      Nice
    • Anonymouse
      on
      February 8, 2017

      Qatar Airways makes history, completes first longest non-stop flight of 16 hours from Doha to New ...

      This is nice...
    • Justice Shedrack
      on
      January 19, 2017

      Confusion in Gambia, Jammeh stays put, Barrow to be sworn in at Gambia embassy in Senegal

      Na wa ooooo

    Find us on Facebook

    Follow us

    • Home
    • About us
    • Contact us
    • Privacy Policy
    © Copyright Political Economist. All rights reserved.