In a significant move to enhance international cooperation, China and Equatorial Guinea have pledged to further align their development strategies. The two nations unveiled a joint statement on Tuesday, emphasizing their commitment to the Belt and Road Initiative (BRI).
The collaboration plan highlights principles of extensive consultation, joint contribution, and shared benefits. Both countries aim to advance cooperation across various sectors, seeking tangible results that benefit their respective economies and communities.
China reaffirmed its unwavering support for Equatorial Guinea in maintaining its national independence and safeguarding its sovereignty, security, and development interests. This stance underscores China's opposition to external interference in Equatorial Guinea's internal affairs. In return, Equatorial Guinea reiterated its steadfast commitment to the one-China principle.
Economic cooperation stands at the forefront of this partnership. Both nations agreed to expand trade and investment, with a focus on agriculture, fisheries, energy, mining, and infrastructure development. Equatorial Guinea expressed its intent to enhance communication with Chinese enterprises, actively implement existing projects, and improve the business environment to attract more Chinese investments.
China welcomed Equatorial Guinea's active participation in major events such as the China International Import Expo, the China-Africa Economic and Trade Expo, and the Canton Fair. This participation is expected to open new avenues for high-quality agricultural and fishery products from Equatorial Guinea to enter the Chinese market. Furthermore, China plans to encourage more of its enterprises to invest in Equatorial Guinea, aiming to diversify the latter's economy and foster sustainable growth.
This strategic alignment between China and Equatorial Guinea not only strengthens bilateral relations but also contributes to broader economic and infrastructural development goals within the framework of the Belt and Road Initiative.
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China, Equatorial Guinea vow to further align development strategies
cgtn.com
