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The Chinese President's promise to give 50 billion dollars for Africa in the next three years

भाद्र २०, २०८१
The Chinese President's promise to give 50 billion dollars for Africa in the next three years
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At the biggest summit in Beijing since the epidemic, Chinese President Xi Jinping on Thursday promised more than 50 billion dollars in financial aid for Africa in the next three years. He mentioned that cooperation with Africa in infrastructure and trade will be deepened.

According to official media, more than 50 African leaders and United Nations Secretary-General Antonio Guterres are participating in this week's China-Africa Forum.

African leaders secured several deals earlier this week for more cooperation in infrastructure, agriculture, mining, trade and energy.

Addressing leaders at the forum's opening ceremony at the Great Hall of the People in Beijing on Thursday morning, President Xi called relations with the African continent "the best period in history".

'China is ready to deepen cooperation with African countries in industry, agriculture, infrastructure, trade and investment', he said, 'in the next three years, the Chinese government is willing to provide financial support of three trillion 60 billion yuan ($50.79 billion). is .'

According to him, more than half of the aid will be in loans, including $11 billion in "various types of aid" and $10 billion in encouraging Chinese companies to invest. He also promised to help 'create at least one million jobs for Africa'. At the

meeting, UN Secretary-General Guterres told African leaders that growing ties between China and the African continent could "promote the renewable energy revolution". told .

'China's remarkable record of development, including poverty alleviation, provides a wealth of experience and expertise,' he said.

प्रकाशित : भाद्र २०, २०८१ १२:२७
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