Global EditionASIA 中文双语Français
World
Home / World / China-Africa

Kenyan expert lauds FOCAC summit for achieving tangible results

Xinhua | Updated: 2018-09-13 13:23
Share
Share - WeChat
A boy walks past a flowerbed decoration for the Forum on China-Africa Cooperation (FOCAC) in Beijing, China August 31, 2018. [Photo/Agencies]

NAIROBI - The 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) had achieved phenomenal successes that are mutually beneficial and long-lasting, a Kenyan expert said.

Gerishon Ikiara, an economics lecturer at the University of Nairobi, said this year's FOCAC summit injected vitality in the diplomatic, economic and trade ties between Beijing and its partners in Africa.

He noted that a large turnout of African leaders who made positive speeches at the FOCAC Beijing summit was a confirmation it had become a crucial platform to promote the continent's development agenda.

At the summit, China announced to extend 60 billion U.S. dollars of financing to Africa in the form of government assistance as well as investment and financing by financial institutions and companies.

Ikiara said the announcement was a clear indication that China-Africa economic and trade cooperation will continue to grow in the coming decades.

The former permanent secretary for transport and communications of Kenya hailed China's pledge to expand two-way trade with Africa while supporting the continent's industrialization agenda.

He was optimistic about the China-proposed Belt and Road Initiative that has been embraced by many African countries, saying it will catalyze the continent's economic take-off through enhanced trade and connectivity.

"Effective implementation of the Belt and Road Initiative is expected to transform African economies by uplifting their participation in the global trade," said Ikiara.

"This initiative is already playing an important role in strengthening China-Africa links in many dimensions," he added.

Ikiara noted that the FOCAC has delivered immense benefits since its establishment.

"The Chinese policy of cooperating with Africa and other developing countries without political, economic or other ties has continued to establish cooperation with strong roots based on friendship and mutual respect to help create a conducive environment for a mutually better shared future in terms of socioeconomic benefits," Ikiara said.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US