The Government of the Republic of Nauru

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Minister Aliklik report to parliament on China state visit

Minister Aliklik report to parliament on China state visit

 

Minister Reagan Alliklik reported to parliament in April of his trip to China accompanying President David Adeang on his state visit, an experience he said was invaluable and was humbled by the opportunity to be part of the delegation.

 

On behalf of the government, Minister Aliklik co-signed three memorandums of understanding (MOU) during the state visit.

 

The first was the financial cooperation between the Department of Finance and the Bank of China.

 

Minister Alikilik says this MOU aims to promote friendship and economic and trade ties and strengthen financial cooperation between Chine and Nauru.

 

"Bank of China will assist Nauruan enterprises in finding business partners, and provide training for government officials in the fields of finance and economics."

 

Parliament RA-China

 

Minister Aliklik also signed the MOU on Deepening Blue Economy Cooperation between the Ministry of Commerce of China and Nauru's Department of Foreign Affairs, focusing on businesses from both parties to conduct investment cooperation in the fields including but not limited to mariculture, distant water fishing, seafood processing, marine bio-pharmaceuticals, marine engineering technology, seawater desalination, marine salt industry, port wharves, submarine optical cable construction, shipbuilding and ship repair, shipping services, marine tourism and leisure services, photovoltaic power, wind power, clean energy and exploration and development offshore oil, gas, and mineral resources.

 

The last of the three MOUs signed by the minister was the Exchange and Cooperation in the Field of Economic Development between the National Development and Reform of China and Nauru's Department of Chief Secretary.

 

This MOU focuses on policies and experiences n macro economy, the Belt and Road Initiative, trade and investment, sustainable development, clean energy, digital economy, and people-to-people exchange.

 

Minister Aliklik said cooperation will be carried out in the form of capacity building exchange programs and seminars with funding arrangements to be negotiated. The focal point and implementing agency is the Office of the Chief Secretary.

 

ENDS///