Archive for ‘Mauritius’

08/12/2019

Participants visit Shanghai before attending South-South Human Rights Forum

CHINA-SHANGHAI-PARTICIPANTS OF SOUTH-SOUTH HUMAN RIGHTS FORUM-VISIT (CN)

Participants learn about the construction of Shanghai West Bund in Shanghai, east China, Dec. 7, 2019, before attending the upcoming 2019 South-South Human Rights Forum. (Photo by Wang Xiang/Xinhua)

SHANGHAI, Dec. 7 (Xinhua) — Officials and scholars from more than 70 Asian, African and Latin American developing countries, as well as the United Nations, visited Shanghai on Saturday before attending the upcoming 2019 South-South Human Rights Forum.

The forum, hosted by the State Council Information Office and the Ministry of Foreign Affairs, will be held in Beijing from Dec. 10 to 11.

According to the Beijing Declaration issued at the first South-South Human Rights Forum held in Beijing in 2017, participants agreed that the right to subsistence and the right to development were the primary basic human rights.

During the one-day trip in Shanghai, the officials and scholars, from countries including Laos, Brunei, South Africa, Mexico and Mauritius, visited the city’s financial district and the World Expo Museum, snapped pictures of local residents’ life scenes on the bank of the Huangpu River, and investigated the progress of waste sorting in ordinary residential streets. They were impressed by the prosperous and orderly development of the mega city.

“I think China is becoming more open and confident about human rights. The changes I saw here are examples of the great improvements in the Chinese people’s rights to subsistence and development,” said Davina Sigauta Rasch, director of Corporate Service of the Ombudsman Office in Samoa, who studied international economics and trade from 2009 to 2013 at the Southwestern University of Finance and Economics in Chengdu, Sichuan Province.

She said that compared with 10 years ago, China has made significant progress in the emerging fields such as high-speed railways and mobile payments, which directly improved people’s lives. China is not only developing itself, but also helping other developing countries, she said.

Her idea was echoed by Lionel Vairon, CEO of CEC Consulting in Luxembourg and also a senior research member of the Charhar Institute, a private think tank in China.

Over the past 70 years since the founding of the People’s Republic of China, great achievements which have attracted worldwide attention have been made, he said, adding that the international community should not ignore China’s progress in human rights out of ideological misunderstanding and prejudice.

“In the future, global governance must make a choice between the policy of strong-power hegemony and the path of a community with a shared future for humanity. And the latter is the wisdom China has contributed to the world,” he said.

Source: Xinhua

18/10/2019

China, Mauritius sign free trade agreement

BEIJING, Oct. 17 (Xinhua) — China and Mauritius signed a free trade agreement (FTA) here Thursday, the first FTA between China and an African country, according to the Ministry of Commerce (MOC).

The China-Mauritius FTA is the 17th FTA signed by China.

The agreement covers trade in goods and services and investment and economic cooperation.

The FTA will not only provide a more powerful institutional guarantee to deepen bilateral economic and trade relations, but also boost China-Africa economic and trade cooperation, according to the MOC.

Negotiations on the China-Mauritius FTA were officially launched in December 2017. The two sides formally concluded the negotiations on Sept. 2, 2018, after four rounds of intensive negotiations.

In the area of trade in goods, China and Mauritius will eventually achieve zero tariffs on 96.3 percent and 94.2 percent of product tariff items, respectively, involving 92.8 percent of import volume for both countries from each other.

For the remaining tariff items of Mauritius, the tariffs will also be greatly cut, and the maximum tariffs for most of the involved products will not exceed 15 percent.

China’s main exports to Mauritius, such as iron and steel products, textiles and other light industrial products, will benefit from it.

Special sugar produced in Mauritius will also enter the Chinese market gradually.

The two sides also agreed on rules of origin, trade remedies, technical barriers to trade and sanitary and phytosanitary issues.

In the area of trade in services, China and Mauritius both promised to open up more than 100 sub-sectors.

Mauritius will open up more than 130 sub-sectors in important service fields such as communications, education, finance, tourism, culture, transportation and traditional Chinese medicine to China.

This is the highest level of opening up in the field of services in Mauritius so far.

In the field of investment, the agreement has been greatly upgraded from the 1996 China-Mauritius bilateral investment protection agreement in terms of protection scope, protection level and dispute settlement mechanism.

This is the first time that China has upgraded the previous investment protection agreement with an African country, which will not only provide stronger protection for Chinese enterprises to go to Mauritius, but also help them further boost investment cooperation in Africa through the platform of Mauritius, according to the MOC.

Meanwhile, the two sides also agreed to further deepen economic and technical cooperation in agriculture, finance, medical care, tourism and other fields.

The two sides will undergo respective domestic procedures for the agreement to take effect.

Source: Xinhua

08/06/2019

Factbox: China, Africa to embrace closer economic, trade ties

BEIJING, June 8 (Xinhua) — China and African countries will see more intimate economic and trade ties as the first China-Africa Economic and Trade Expo will open on June 27 in Changsha, the capital city of Hunan Province.

A total of 53 African countries have confirmed to attend the expo, and international organizations including the United Nations Industrial Development Organization, the World Food Programme and the World Trade Organization will also send representatives to attend the event.

Here are some facts and figures revealing the growing vitality of trade between China and Africa as well as broader economic exchanges.

— China has been the largest trading partner of Africa for 10 consecutive years.

— In 2018, trade volume between China and Africa amounted to 204.2 billion U.S. dollars, up 20 percent year on year.

— China’s imports of non-resource products from Africa have increased significantly. In 2018, China’s imports from Africa went up 32 percent year on year, with the imports of agricultural products up 22 percent.

— China’s exports of mechanical, electrical and high-tech products accounted for 56 percent of its total exports to African countries.

— China has finished the negotiations of a free trade agreement with Mauritius.

— More than 3,700 Chinese enterprises have been set up in Africa by the end of 2018, with combined direct investment over 46 billion dollars.

— China’s financial institutions have established more than 10 branches in Africa.

— South Africa and seven other countries have included the Chinese currency renminbi (RMB), or the yuan, in their foreign exchange reserves.

— China has formed RMB clearing arrangements with Zambia and signed currency swap agreements with four African countries including Morocco.

Source: Xinhua

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