The Common Market for Eastern and Southern Africa (COMESA), facing
challenges in infrastructure, transportation, power and
telecommunications, hopes Chinese companies expand investment in
the region.
Rwandese President and sitting Chairman of COMESA Paul Kagame
said this Saturday at the High-level Dialogue and 2nd Conference of
Chinese and African Entrepreneurs.
Chinese companies' investment in Africa plays an important role
in enhancing Africa-China strategic partnership, he said.
COMESA appreciates Chinese government's zero-tariff treatment to
some products from Africa, hoping this treatment be expanded to
cover more goods from more African countries, he said.
The COMESA, a huge market striving to eliminate internal tariff
and non-tariff barriers, invites Chinese firms to invest in various
economic sectors, he said, mentioning the potential in tourism
exchanges.
China has done a good job in facilitating investment and trade,
and COMESA will learn from its experiences in this regard, he
said.
(Xinhua News Agency November 5, 2006)