Thursday, July 02, 2009

Zimbabwe News Update: VP Mujuru Hails China Ties; UN Conference A Success

VP Mujuru hails Zim-China ties

Wed, 01 Jul 2009 12:14:27 +0200

Acting President, Cde Joice Mujuru says the last two and a half years have been seen an increase in economic cooperation between Zimbabwe and the People’s Republic of China.

Acting President, Cde Joice Mujuru says the last two and a half years have been seen an increase in economic cooperation between Zimbabwe and the People’s Republic of China.

Speaking at a meeting she held with the outgoing Chinese Ambassador, Mr Yuan Nansheng, Cde Mujuru said Zimbabwe and China have a history of excellent political ties.

She also noted that cooperation between the two countries in the mining sector is bearing fruit with some Zimbabweans establishing joint ventures with Chinese entrepreneurs adding that it is now time to increase mining output.

Acting President Mujuru implored the Chinese government to ensure that the joint venture for the expansion of the Victoria Falls runway to cater for large bodied aircraft is finished in time for the 2010 World Cup to be held in South Africa.

Speaking at the same occasion, Ambassador Yuan noted that Zimbabwe’s economy is growing at a time when most African nations are feeling the effects of the global financial crisis.

Mr Yuan, who has been in the country since 2006, has been redeployed and assumes duty in Surinam, South America.


VP Mujuru back, says conference a success

Vice President Joice Mujuru has returned home after attending the World Financial and Economic Crisis Conference held in New York.

In an interview with Zbc News upon her arrival at the Harare International Airport, Cde Mujuru described the conference as a success following the adoption of resolutions through consensus.

She said developing countries demanded that the United Nations co-ordinate global policies instead of the IMF and the G-20, accusing the two organizations of undermining the world body through their uncoordinated financial policies.

They also accused the developed world for causing the global recession and demanded that the IMF and the G20 should stop running the show.

The conference agreed that the UN should take over the responsibilities of the two financial institutions, adding that there is need to review the arrangement before the UN General Assembly in September this year where the reforms of the IMF and the World Bank are expected to be tabled.

More than 192 countries attended the World Financial and Economic Crisis Conference and Vice President Mujuru represented Zimbabwe.

Article Url:http://www.newsnet.co.zw/index.php?nID=16084

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