Chairman Hu Xiaolian held talks with Ndagijimana Uzziel, Rwandan Minister of Finance and Economic Planning in Beijing on 24 June. The two sides exchanged views on current and future cooperation.
Minister Ndagijimana stated that over the years, China Eximbank’s financing support has significantly promoted the economic and social development of Rwanda. Rwanda is keen to further cooperation with China within the FOCAC framework and implement the outcomes of the 2018 FOCAC Beijing Summit, particularly in such sectors as industry, agriculture, and infrastructure, and explore opportunities in on-lending cooperation between the two governments. With debt remaining at low levels and a more enabling business environment in recent years, Rwanda welcomes more investment from Chinese enterprises.
Chairman Hu Xiaolian welcomed Minister Ndajimana for attending the Coordinators’ Meeting on the Implementation of the Follow-up Actions of the FOCAC Beijing Summit. She noted that China and Rwanda enjoy great potential for bilateral cooperation. China Eximbank stands ready to step up collaboration with Rwanda in such sectors as industry and transportation, explore opportunities in intergovernmental on-lending loans and commercial loans, and actively support Chinese enterprises in investing in Rwanda. Rwanda’s favorable business environment and low debt level have been well recognized by the international community. The Bank is willing to join Rwanda’s efforts in maintaining debt sustainability and support the all-round economic and social development of Rwanda.