Latest topics
SHOCKER: Govt Claims China Has Cancelled Zimbabwe’s Debts, But There Are No Figures At All 6/24/17
Page 1 of 1
SHOCKER: Govt Claims China Has Cancelled Zimbabwe’s Debts, But There Are No Figures At All 6/24/17
SHOCKER: Govt Claims China Has Cancelled Zimbabwe’s Debts, But There Are No Figures At All
6/24/17
The ZANU PF government claims that China has cancelled a number of Zimbabwe’s debts.
An article appearing in the state media makes claim to a transaction whose figure is neither known nor declared, the latter factor which raises eyebrows if ever the reported cancellation was effected.
But the state media goes on to claim Foreign Affairs Minister Simbarashe Mumbengegwi and China’s Vice-Minister of Foreign Affairs Zhang Ming have even performed a signing protocol ceremony to seal the cancellation.
The debt cancellation was first announced in 2015 when China’s President Xi Jinping visited Zimbabwe and met President Mugabe, the report goes on to say.
It says the deal was formalised last week when Vice-Minister Ming visited Zimbabwe and met President Mugabe before signing the protocol for debt cancellation with Minister Mumbengegwi.
“It was recalled that during President Xi Jinping’s visit to Zimbabwe in 2015, he announced the cancellation of a number of debts owed by Zimbabwe to China. His Excellency President Mugabe expressed Zimbabwe’s profound gratitude for this fraternal gesture, which reflected the strong bonds of amity and solidarity between the two countries and peoples,” said the Foreign Affairs Ministry yesterday.
“In that context, Zimbabwe’s Minister of Foreign Affairs, Cde Simbarashe Mumbengegwi, and the Chinese Vice-Minister signed the protocol formalising the cancellation of those debts.”
Vice-Minister Ming, who arrived on Thursday and leaves today, met President Mugabe and apprised the Head of State and Government on implementation of deals in the energy, infrastructure and aviation sectors.
He also delivered a special message to President Mugabe from President Xi.
The Ministry of Foreign Affairs said, “His Excellency President Mugabe received a comprehensive briefing on the status of various projects on which Zimbabwe and China are co-operating, in such areas as energy, infrastructure and aviation, and on China’s determination to increase investment and cooperation in various sectors of Zimbabwe’s economy, as well as to increase access to the Chinese market for Zimbabwe’s agricultural products.
“Vice-Minister Zhang further informed His Excellency the President that steps and measures were being taken to accelerate the implementation of the various mega deals that were agreed during President Mugabe’s visit to China in 2014 and during President Xi’s visit to Zimbabwe in 2015.”
Zimbabwe and China sealed landmark deals worth more than US$4 billion during President Mugabe’s State visit to the Asian country in 2014.
President Xi paid a reciprocal State visit to Zimbabwe in 2015 where he, together with President Mugabe, oversaw the signing of more agreements covering power generation, roads, rail, ICT and wildlife protection.
“The role played by the close personal relationship between His Excellency President Mugabe and President Xi Jinping, which has provided the impetus for ongoing collaboration on several projects, was emphasised.
“The reform of the United Nations Security Council, on which the two countries are in full agreement, was discussed. The correctness of the African Common Position as enunciated in the Ezulwini Consensus and the Sirte Declaration was reaffirmed during the discussion,” said the Foreign Affairs Ministry.- state media
https://www.zimeye.net/mugabe-debts-cancelled/
6/24/17
The ZANU PF government claims that China has cancelled a number of Zimbabwe’s debts.
An article appearing in the state media makes claim to a transaction whose figure is neither known nor declared, the latter factor which raises eyebrows if ever the reported cancellation was effected.
But the state media goes on to claim Foreign Affairs Minister Simbarashe Mumbengegwi and China’s Vice-Minister of Foreign Affairs Zhang Ming have even performed a signing protocol ceremony to seal the cancellation.
The debt cancellation was first announced in 2015 when China’s President Xi Jinping visited Zimbabwe and met President Mugabe, the report goes on to say.
It says the deal was formalised last week when Vice-Minister Ming visited Zimbabwe and met President Mugabe before signing the protocol for debt cancellation with Minister Mumbengegwi.
“It was recalled that during President Xi Jinping’s visit to Zimbabwe in 2015, he announced the cancellation of a number of debts owed by Zimbabwe to China. His Excellency President Mugabe expressed Zimbabwe’s profound gratitude for this fraternal gesture, which reflected the strong bonds of amity and solidarity between the two countries and peoples,” said the Foreign Affairs Ministry yesterday.
“In that context, Zimbabwe’s Minister of Foreign Affairs, Cde Simbarashe Mumbengegwi, and the Chinese Vice-Minister signed the protocol formalising the cancellation of those debts.”
Vice-Minister Ming, who arrived on Thursday and leaves today, met President Mugabe and apprised the Head of State and Government on implementation of deals in the energy, infrastructure and aviation sectors.
He also delivered a special message to President Mugabe from President Xi.
The Ministry of Foreign Affairs said, “His Excellency President Mugabe received a comprehensive briefing on the status of various projects on which Zimbabwe and China are co-operating, in such areas as energy, infrastructure and aviation, and on China’s determination to increase investment and cooperation in various sectors of Zimbabwe’s economy, as well as to increase access to the Chinese market for Zimbabwe’s agricultural products.
“Vice-Minister Zhang further informed His Excellency the President that steps and measures were being taken to accelerate the implementation of the various mega deals that were agreed during President Mugabe’s visit to China in 2014 and during President Xi’s visit to Zimbabwe in 2015.”
Zimbabwe and China sealed landmark deals worth more than US$4 billion during President Mugabe’s State visit to the Asian country in 2014.
President Xi paid a reciprocal State visit to Zimbabwe in 2015 where he, together with President Mugabe, oversaw the signing of more agreements covering power generation, roads, rail, ICT and wildlife protection.
“The role played by the close personal relationship between His Excellency President Mugabe and President Xi Jinping, which has provided the impetus for ongoing collaboration on several projects, was emphasised.
“The reform of the United Nations Security Council, on which the two countries are in full agreement, was discussed. The correctness of the African Common Position as enunciated in the Ezulwini Consensus and the Sirte Declaration was reaffirmed during the discussion,” said the Foreign Affairs Ministry.- state media
https://www.zimeye.net/mugabe-debts-cancelled/
*****************
>>>TNTBS's YouTube Channel<<<
Ssmith- GURU HUNTER
- Posts : 20495
Join date : 2012-04-10
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee