“Cameroon Remains An Attractive Country Due To Its Geo-strategic Position”

A statement by the President of the Republic of Cameroon, Paul Biya during the bilateral meeting with the President of the People’s Republic of China, Xi Jinping.


“The President of the People's Republic of China, General Secretary of the Communist Party,
Let me begin by thanking you for the warm welcome and hospitality that the Chinese authorities and people have extended to me, my wife and the delegation accompanying me since our arrival in your beautiful and great country.
I would also like to express our gratitude for these bilateral talks which have enabled us to discuss our major common issues and projects.
Cameroon's participation in the 4th Summit of the Forum on China-Africa Cooperation is in line with the long tradition of excellent relations between our two countries.
The fruitful cooperation between the Republic of Cameroon and the People's Republic of China and the ever deepening friendship between our peoples have elevated our partnership to the desired strategic level.
On this occasion of my eighth visit to China, I would like to reiterate my invitation to you to pay a State visit to Cameroon. This would be an excellent opportunity to celebrate 53 years of diplomatic relations between our two countries and to strengthen the mutually beneficial partnership between China and Cameroon.
While the current level of our trade is appreciable, I am convinced that with a more focused strategy and a more focused range of products traded, their tonnage and value could increase significantly.
I am delighted that Chinese direct investment is playing an important role in the development of my country. This is reflected in the construction of various large-scale infrastructure, including hydroelectric dams, gas-fired power plants, roads, hospitals, ports and sports facilities, not to mention the futuristic National Assembly building.
Despite the impact of the numerous exogenous and endogenous crises it has faced, Cameroon remains an attractive country due to its geo-strategic position in Central Africa, its institutional stability, its human capital and the diversity of its natural resources, among other factors.
In its quest for progress and modernity, Cameroon needs additional and substantial financial resources to pursue its vision of emergence by 2035. Our goal is to build a stronger economy by developing competitive local industries that can process our mineral and agricultural resources to meet local needs and export large quantities of products.
I therefore urge your government and the Chinese private sector to continue to support us on this path by increasing their direct investment in Cameroon.
In this context, my country needs, for example, a wide range of modern equipment and materials in the military field, as well as technical support for their operation and maintenance.
We have huge infrastructure needs. We are planning the imminent launch of our second generation transformative infrastructure projects, such as the second phase of the Yaounde-Do...

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