Minister of Trade and Industry Simplex Chithyola-Banda has reaffirmed Government’s commitment to ensuring political, economic and social relations between the People’s Republic of China and Malawi are jealously natured and grown from strength to strength for the mutual benefit of the two countries.
Speaking in Lilongwe on Monday when he met a high-powered delegation of the Government of Human Province People’s Republic of China Chithyola-Banda said since 2007 Malawi has witnessed increased number of Chinese investors in trading, manufacturing, mining, construction, agriculture and many other sectors.
Chithyola-Banda said during the sixteen years diplomatic relations with China Malawi has witnessed unprecedented political, economic and developmental support from China including the establishment of the Economic Cooperation Agreement where Malawi is accorded the privilege to export 98 percent of her products to China at preferential treatment.
He said this year China has accredited eleven Malawian companies to export soya, beans and tea among others and was looking forward to more companies being accredited.
In his remarks Deputy Director of Asian and African Affairs Division of the Foreign Affairs Office of Human Provincial Peoples Government Lui Tieliang said there are in the country to promote the deeper cooperation that exist between Malawi and China.
He said the big delegation would like to lay a strong foundation for future cooperation and applauded Malawi for opening a consulate in the Provincial capital.