Deputy Minister of Commerce of China Qian Keming and Minister of Foreign Affairs and International Trade of Zimbabwe SibusisoMoyo signed a memorandum of understanding on Friday in Harare, aimed at accelerating the pace of implementation of bilateral cooperation projects and deepening trade and economic cooperation for the benefit of the peoples of the two countries.
According to the document, China and Zimbabwe will comprehensively implement the “eight major initiatives” launched at the Beijing Summit of the Forum on Chinese-African Cooperation, accelerate the implementation of bilateral cooperation projects, strengthen mutually beneficial cooperation in infrastructure development, expand bilateral trade and encourage mutual investments.
Qian Keming said that China will continue to deepen trade and economic cooperation with Zimbabwe and will promote the growth of its economy. China, he said, will import even more goods from Zimbabwe, continue to encourage Chinese companies to do business and invest in Zimbabwe.
SibusisoMoyo in turn, noted that his country hopes to expand cooperation with China in the areas of infrastructure, manufacturing, finance and aviation, in order to improve their ability to develop economically and create more jobs.