Liberia and China have signed an agreement to jointly implement projects across various sectors in the country.
By Lincoln G. Peters
Monrovia, Liberia, April 2, 2025 – The Government of Liberia and the People’s Republic of China have signed a landmark Economic and Technical Cooperation agreement for funding assistance to jointly implement project across different sectors in the country.
The agreement between both countries was signed on Friday, March 28, 2025 through Liberian Foreign Minister, Sara Beysolow Nyanti, and Chinese Ambassador to Liberia, Yin Chengwu.
The objective of the agreement is to enhance mutual collaboration in various sectors through projects agreed upon by both governments, with a focus on promoting peace, stability, prosperity, and sustainable development in Liberia.
Officially signing the agreement on behalf of his government, Chinese Ambassador to Liberia, Yin Chengwu, said the deal fully demonstrates China’s profound friendship and strong support to Liberia.
According to him, the agreement embodies China’s steadfast commitment to implementing outcomes of the Forum on China Africa Cooperation (FOCAC) Beijing Summit.
“Good morning; today, it’s a great honor for me to sign the Agreement on the Economic And Technical Cooperation between the Government of the People’s Republic of China and the Government of the Republic of Liberia with H.E. Foreign Minister Nyanti.Today’s agreement is about assistance, and the agreed-upon funding will be allocated to projects jointly determined through bilateral consultations, with the shared objective of fostering peace, stability, prosperity, and sustainable development in Liberia”, Amb. Yin explained.
The Chinese envoy recalls that last September, President Xi Jinping put forward ten partnership action initiatives to advance modernization with African countries at the FOCAC Beijing Summit.
He says to ensure successful implementation of these initiatives, China will provide RMB 360 billion to Africa in financial support in three years, of which 80 billion will go towards assistance in various forms.
He notes that last year, President Xi Jinping and President Joseph Nyuma Boakai announced that the bilateral relations between the two countries be elevated to strategic partnership.
He adds that this strategic consensus charts the course of and injects new impetus into bilateral relations.
“It involves solid and mutual support, and this agreement is just a perfect example. Chinese side will work closely with Liberian side to implement the agreement, translating the presidential consensus into concrete actions, and serving the overarching interests of our two peoples”, Ambassador Yin stated.
He continues that the agreement will boost practical cooperation between our two countries, adding that all in all, China is willing to enhance cooperation with Liberia in various fields.
The Ambassador says he is confident that this agreement will be a great boost to the practical cooperation between the countries and will be conducive to the implementation of Liberia’s ARREST Agenda of Inclusive Development.
“Today’s agreement is about assistance, and the agreed-upon funding will be allocated to projects jointly determined through bilateral consultations, with the shared objective of fostering peace, stability, prosperity, and sustainable development in Liberia. Today’s agreement is beyond assistance, it’s also about partnership. Once making the pledge to a partner, China will honor it. The agreement represents a significant step in realizing the consensus reached by our two heads of state”, he underscores.
In response, Foreign Minster Sara Beysolow Nyanti, expresses gratitude and appreciation to the People’s Republic of China for the mutual cooperation.
“I want to thank the People’s Republic of China for this partnership agreement to help strengthen several sectors of our country. We see this agreement as a plus to do more for our people. China is a strategic partner to Liberia, and we will continue to be friends”, she adds. Editing by Jonathan Browne
