login
  • SUBSCRIBER
  • User Name
  • Password
  • Remember Me
ad
21 Nov 2009, 10:16 HRS IST
Chennai: 28°C
mostly_sunny
Kolkata: 16°C
haze
Mumbai: 28°C
haze
Delhi: 18°C
haze
  • Sachin Tendulkar greets Gautam Gambhir
    Sachin Tendulkar greets Gautam Gambhir
    IIM students take part in a candle light march
    IIM students take part in a candle light march
    An armed security guard on duty at  Parliament House
    An armed security guard on duty at Parliament House
    Obama shakes hands with South Korean Prez Lee Myung-bak
    Obama shakes hands with South Korean Prez Lee Myung-bak
    The first women observers of Indian Navy in Kochi
    The first women observers of Indian Navy in Kochi
    Artistes perform a fusion of Indian and Spanish dance
    Artistes perform a fusion of Indian and Spanish dance
    Thai mahouts and their elephants take part in a buffet
    Thai mahouts and their elephants take part in a buffet
    MoS for Commerce and Industry Jyotiraditya Scindia
    MoS for Commerce and Industry Jyotiraditya Scindia
    Bollywood star Amitabh Bachchan meets Milind Soman
    Bollywood star Amitabh Bachchan meets Milind Soman
    An illuminated Santa Claus lights up Berlin
    An illuminated Santa Claus lights up Berlin
    Partial view of Space Shuttle Atlantis' payload bay
    Partial view of Space Shuttle Atlantis' payload bay
    A  walks the ramp during a fashion show in New York
    A walks the ramp during a fashion show in New York
PTI
PTI
Select
News
Welcome Guest! You Are Here: Skip Navigation LinksHome Business
add
add
  • China offers Africa more trade and investment

  • Advertisement
  •  Share
  • Print Print
  •  E-mail
  • Comments Comment
  • [ - ] Text [ + ]
STAFF WRITER 12:1 HRS IST

Beijing, Nov 7 (AP) China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published today.

The proposals outlined by Chinese Commerce Minister Chen Deming come ahead of a summit tomorrow and Monday between Chinese and African leaders in the Red Sea resort of Sharm el-Sheikh. The meeting follows a landmark 2006 summit in Beijing that catapulted China's hunt for oil, minerals and other raw materials in Africa and brought Africa Chinese investment in infrastructure and other projects.

Chinese investments in Africa totalled USD 7.8 billion as of last year while trade has rocketed 30 percent annually this decade, exceeding USD 100 billion last year, Chen said in an essay published in the state-run China Daily newspaper.

  • Post your comments