M7 Rushes To China To Derail Mbabazi’s Financial Ties

M7 and Chinese delegation.
President Yoweri Kaguta Museveni was received by the Chinese Assistant Foreign Minister Mr. Liu Xianfa. Others present were Uganda’s Foreign Affairs Minister Sam Kutesa and China’s Ambassador to Uganda Zhang Zhuqiang.
A group of nine African diplomats led by Uganda’s Ambassador to China, Dr. Chrispus Kiyonga, were also on hand to receive the President. The other eight chair the key African Union blocs in China like ECOWAS, SADC and the EAC.
On Tuesday, President Museveni is expected to make a keynote address during the official opening of the Coordinators Meeting of the Implementation of the Follow-Up Actions of Beijing Summit of the FOCAC.
In September last year, President Xi Xinping hosted nearly all African leaders to the Forum on China-Africa Cooperation (FOCAC) that arrived at eight major resolutions.
Tuesday’s follow-up meeting, that is mainly a ministerial gathering, examines progress on implementation of the resolutions that were agreed upon at the heads of state summit in Beijing last year.
Among the eight resolutions were that China would launch programmes of cooperation with Africa on the industrial and agriculture front, develop a joint infrastructure development plan with the African Union, increase imports from Africa especially non-resource products and implement 50 green projects in Africa to respond to climate change.
Other resolutions were on social and cultural support, healthcare support, people-to-people exchanges, security cooperation and President Jinping then announced a $60 billion financing kitty to ensure the resolutions were implemented.
In Beijing, President Museveni is also expected to hold bilateral talks with his host, Xi Jinping and will witness the signing of a raft of agreements between their countries for cooperation in the fields of finance, agriculture, among others.
Later on his visit, President Museveni is expected to be the chief guest at the opening of the first ever China-Africa Economic and Trade Expo, which will be held in Hunan Province.
The expo actualizes one of the resolutions arrived at last year in Beijing and is seen as “a new mechanism for commercial cooperation with Africa, a new platform to deliver the trade and economic measures of FOCAC, and a new window for sub-national business cooperation with Africa.”
Several Ugandan manufacturers will have their products on display at the Expo which will also be characterized by seminars, presentations and business matc

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