Five Development Agreements

 The signing of cooperation agreements between Cameroon and China marked the turning point of President Biya's visit to China.

Even though nothing filtered out as to how much the seven cooperation agreements signed in Beijing yesterday, March 22, between Cameroon and China represents, the act itself has far reaching socio-economic consequences. The agreements signed in the presence of the two Heads of State, Presidents Paul Biya of Cameroon and Xi Jinping of China cover important areas in economic cooperation and infrastructure development.

The seven agreements include:
1] Economic and Technical Cooperation agreement between the governments of Cameroon and China.
2] Memorandum of Understanding on human Development.
3] Protocol agreement on the reinforcement of cooperation on infrastructure development between the Chinese Ministry of Trade and Cameroon's Ministry of the Economy, Planning and Regional Development.
4] Framework agreement between the National Development Commission and Reform of China and MINEPAT on capacity building on production.
5] Concessional Loan agreement between the Eximbank of China and Cameroon for phase II of the potable water supply in nine towns in Cameroon.



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