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Jamaica to
receive US$2 million grant from China |
September 12,
2007 XIAMEN, China (JIS): Jamaica and China have signed
an agreement on economic and technical cooperation under
which Jamaica is to receive a grant of US$2 million from
China.
Vice-Premier Wu Yi also announced that China is to provide
over half a billion US dollars worth of loans to Chinese
businessmen to invest in Caribbean countries. These were
among the highlights which marked the 2nd China-Caribbean
Economic and Trade Cooperation Forum in the Chinese city of
Xiamen on Friday.
The second forum, which was attended by a number of
Caribbean countries, had as its theme, Deepening Trade and
Economic Cooperation and Realizing Common Development. In a
declaration, the Forum expressed satisfaction with the
progress and achievements between China and the Caribbean
region in the fields of trade, investment, agriculture and
fishery, tourism and transportation, finance and human
resource development. The declaration stated the forum's
readiness to further explore potential for cooperation and
pursue common development. |
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Addressing the
opening ceremony on Friday, Under-Secretary in the Ministry
of Foreign Affairs and Foreign Trade of Jamaica, Ambassador
Vilma McNish, noted that the forum represented an important
milestone in the relations between the Caribbean and China.
It was testament to the continuing commitment to further
deepen and solidify Sino-Caribbean relations.
She said the agreements reached so far since the inaugural
forum in Kingston 2005, should contribute to an even more
active and dynamic relationship between Jamaica and China.
Jamaica also participated in the 11th China International
Fair For Investment and Trade (CIFIT) which ran concurrently
with the forum. McNish described both events as providing an
excellent platform to promote Jamaica's investment
environment, and showcase market opportunities including the
undertaking of matchmaking opportunities
The Ambassador used the opportunity to underscore the value
of Jamaica's relations with China at both the bilateral and
multilateral levels. She expressed confidence that the
relations would grow from strength to strength. |
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