China will provide more assistance to the Least
Developing Countries (LDCs) and Highly Indebted Poor Countries
(HIPCs) over the next few years, Chinese Foreign Minister Li
Zhaoxing said on Monday during the High-Level Meeting for Mid-term
Review of Program for Action for LDCs.
"As China's economy grows, we will involve ourselves
more in South-South cooperation and do more to support the LDCs. In
the next few years, we will increase the scale of assistance to the
LDCs and HIPCs," Li said.
China will increase imports from the LDCs, extend
tariff-free treatment to more of their exports to China, and help
them train more management and technological personnel.
At the Summit of the Forum on China-Africa Cooperation
scheduled for November, China will propose new measures to help and
accelerate the development of African countries, Li
added.
China has provided assistance or grants to 49 LDCs on
1,701 occasions, canceled 172 debts of 36 LDCs, and given
tariff-free treatment to some exports from those LDCs that have
diplomatic ties with China.
According to the UN, there are a total of 50 LDCs in
the world, 34 of which are in Africa. There are 14 LDCs in the
Asia-Pacific, and the other two are in West Asia and the
Caribbean.
(Xinhua News Agency September 19, 2006)
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