in Route Planning & Tourism

Air Transport agreement between China and the Gabon

Posted 13 December 2016 · Add Comment

The President of the Gabonese Republic, Ali Bongo Ondimba has completed a state visit to the People's Republic of China, from 6 to 9 December 2016, at the invitation of the Chinese President, Xi Jinping.

During the trip - Bongo Ondimba's first outside of Africa following his reelection and also within the bilateral framework - the two heads of state discussed how to raise Chinese-Gabonese relations to the rank of 'comprehensive collaborative partnership'. This ambition was confirmed during discussions with the Premier of the State Council, Li Keqiang, and the Chairman of the Standing Committee of the National People's Congress, Zhang Dejiang.

The agreements signed by the Gabonese and Chinese governments and the respective investment promotion organisations, ANPI and CCPIT, testify to the reality of the “boost” hoped for by Ali Bongo Ondimba. The time has come for Africa and Asia to see private investment flows accompany public initiatives. China, the world's second largest economic power, enjoys a presence in Gabon through around 30 companies. It has seen the volume of these trade exchanges increase five-fold in the last eight years to $1.77 billion. China is Gabon's third largest supplier, representing 8.6% of its import volume, and its top client, accounting for 14.2% of its exports.

The President of the Gabonese Republic said: “The full disposition of Gabon to accommodate direct Chinese investments in agriculture, tourism, industry and banking, among other sectors. With regards to the mining sector, Gabon has two large projects, Belinga and Maboumine. Specifically regarding Belinga, where iron reserves are estimated at more than one billion tonnes, Gabon is seeking outstanding financial and technical Chinese partners for this large-scale project. The same is true for the polymetallic deposit of Maboumine, where the consortium comprised of the State of Gabon and the Eramet Group is looking for Chinese partners to help accelerate its operation. In terms of tourism, I am hoping to boost tourism exchanges between our countries. In this regard, I reaffirm to you my strong desire to see our governments reach an air transport agreement. I also invite Chinese banks to set up operations in Gabon or to acquire shares in existing banks."

The President of the Gabonese Republic concluded the state visit in Guangdong Province, which thanks to its special economic zones, has the 15th highest GDP in the world. During a direct exchange with Governer Zhu Xiaodan, the President invited Chinese businesses to come and work in Gabon, in particular in the local processing of raw materials, and reiterated the willingess of Gabon to accommodate a special economic zone dedicated to Chinese businesses.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Gulfstream G500 on schedule for certification

Gulfstream Aerospace G500 flight-test programme is making significant progress toward the aircraft's anticipated 2017 certification by the Federal Aviation Administration (FAA).

ASKY to add nonstop service between Lomé and Johannesburg

ASKY is to add a new nonstop service between Lomé and Johannesburg effective 8 April 2017.

UK government restrict electronic items on flights from Egypt and Tunisia

The UK government has announced changes to aviation security measures on selected inbound flights to the UK that restrict the size of electronic items that may be carried by passengers in the cabin.

Zimbabwe seeks Chinese funding for Harare Intl. Airport upgrade and expansion

Zimbabwe has approached the Chinese Import Export Bank (Exim) asking for an undisclosed loan amount to fund the planned upgrading and expansion of the Harare International Airport. By Oscar Nkala

Astral Aerial Solutions wins 2017 IATA Air Cargo Innovation award

The International Air Transport Association (IATA) has announced that Kenya based Astral Aerial Solutions is the recipient of the IATA Air Cargo Innovation Award for 2017, for the company's Unmanned Aircraft System (UAS) Traffic

Yahsat enters long-term partnership with X SAT FZE

Yahsat has started a long-term strategic partnership with UAE communications solutions company X SAT FZE. Under the agreement, X SAT is committed to capacity on Yahsat's upcoming Ka-band satellite, Al Yah 3, to be launched later this

EBACE17 SK0103240517
See us at
EBACE17 BT0103240517GroundHandling BT0303280917Ethiopian AA BT2303130417Aviation Festival BT25114617