China has fully implemented Sino-Africa Cooperation Forum Beijing Summit debt-free pledge
Source: Internet
Author: User
Xinhua Beijing, October 30 Xinhua reporter 30th learned from the Ministry of Commerce, with the recent Chinese government and the Somalia government signed a debt-free protocol, to exempt the cable party to China's 6 loans due interest-free debt, China has fully fulfilled the Sino-African Cooperation Forum Beijing Summit to make commitments to the debt relief. At the 2006 China-Africa Cooperation Forum Beijing summit, the Chinese government has announced 8 policy measures to promote China-Africa cooperation in a broader, broader and higher level, including the cancellation of government interest-free loans for all African HIPCs and least developed countries that have diplomatic relations with China up to the end of 2005. According to the Ministry of Commerce, in order to implement this commitment, the Chinese government in the subsequent year, with the African 32 HIPCs and the least developed countries signed a debt-free protocol, a total of 150 debt cancellation. But as a result of Somalia domestic war, I have not yet recovered from the diplomatic service, handling the process of debt-free access to some difficulties. It is understood that through a number of consultations between the Chinese Embassy in Kenya and the transitional Government, the two sides signed a protocol to exempt the Somalia government from a portion of the debt in Nairobi on October 6, which is a sign that China has fully fulfilled its debt-free commitments made at the Beijing Summit of China-Africa Cooperation Forum.
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