China-Africa summit began in Dakar yesterday and 8th This morning the China-Africa Forum for Cooperation (FOCAC) ministerial conference focused on trade and security. The meetings are scheduled to last for two days, during which the vision for Sino-African cooperation by 2035 will be unveiled., The China-Africa summit in Dakar will mainly focus on trade and security. This summit should lead to new plans to strengthen friendly cooperation between China and Africa in the next phase.
First, it is useful to remember that China is Africa’s most important trading partner. Chinese commerce ministry data show, in the first nine months of 2021, bilateral trade is projected to reach $185.2 billion, a year-on-year increase of 38.2% and representing the highest level in history over the same period.
Read also | urgent. Suspension of all direct flights to Morocco
According to Chinese officials, for their part, China’s direct investment in Africa stood at $2.59 billion, up 9.9% on an annualized basis, higher than the level recorded for the same period in 2019. , Beijing has also become the number one donor of many African countries.
At the inauguration of the conference this morning and on Friday the first white paper was published (, China and Africa in the New Era – Equal Partnership, Taking stock of China-Africa cooperation, Chinese President Xi Jinping said by video link that China and Africa have so far set an example of a new type of international relations, including China’s help to Africa to deal with Covid-19 To refer to the length.
Looking to the future, he said that ten projects in agriculture would be started and 500 Chinese agricultural experts would be sent to Africa. He mentioned nine other projects that will be launched in the context of health, digital innovation, green development, training, cultural sectors. A cross-border China-Africa Yuan Center will be created that will provide a $10 billion line of credit to African financial institutions. Over the next three years, the Chinese president also promised that companies in his country would be encouraged to invest at least $10 billion in Africa.
That’s why trade and security are on the agenda for the China-Africa summit. At the inauguration of the Forum on Sino-African Cooperation (FOCAC), Senegal’s Minister of Foreign Affairs, Esata Tall Sal, said he expected China to provide support in the fight against insecurity in the Sahel, where many countries are unstable. activities of jihadist groups.
Also read | Omicron. Oil prices bounce back after Friday’s fall, possibly due to new varsity
With regard to aid related to the current pandemic, the Chinese president on Monday promised one billion doses of additional vaccines, including 600 million as donations and 400 million in other forms such as the establishment of units, vaccine production.
On the Moroccan side, Foreign Minister Nasser Bourita was not in Dakar on 29 November, where Morocco was represented by Mohamed Methkal, Director General of Morocco’s Agency for International Cooperation and the Grand Maghreb and Abdrazak LaSalle, Director of AMU and AU Affairs. foreign Ministry.