Shandong boosts trade cooperation with Tanzania

(chinadaily.com.cn)| Updated : 2022-12-16

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The Shandong-Tanzania economic and trade cooperation exchange meeting was held on Dec 13 via online channels.

The event was co-sponsored by the Shandong Provincial Department of Commerce, the Tanzanian Ministry of Industries and Trade, and the Tanzanian Embassy in China.

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The online Shandong-Tanzania economic and trade cooperation exchange meeting gets underway on Dec 13. [Photo/Jinan Daily]

Representatives from more than 70 organizations and enterprises from Jinan, Qingdao, Weihai, Linyi, Liaocheng, Dezhou and Tanzania attended the conference and had in-depth exchanges.

The Tanzania Trade Development Authority (TanTrade), the Tanzania Investment Center and Wendeng district from Shandong's Weihai city promoted investment during the event.

Three enterprises in Shandong signed project cooperation memorandums with Tanzanian enterprises.

The event is expected to bring new economic and trade opportunities between Shandong and Tanzania and accelerate the establishment of a comprehensive strategic cooperative partnership between China and Tanzania, said Zhang Xingcheng, deputy director of the Shandong Provincial Department of Commerce.

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Representatives from Shandong organizations and enterprises attend the event. [Photo/Jinan Daily]

Zhang also suggested three practical cooperation ideas to Tanzanian officials, including strengthening bilateral interaction and exchanges, promoting trade expansion and strengthening project service guarantees.

Mbelwa Kairuki, the Tanzanian ambassador to China, spoke highly of the increased economic and trade cooperation that has developed between Tanzania and Shandong in recent years. He hopes to further strengthen exchanges with Shandong's government and enterprises, further expand the scale of two-way trade and investment, and jointly build a model for China-Africa economic and trade cooperation.

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Three enterprises in Shandong sign project cooperation memorandums with Tanzanian enterprises. [Photo/Jinan Daily]