Geingob cements Nam-China relationship
Geingob cements Nam-China relationship

Geingob cements Nam-China relationship

Staff Reporter

"Namibia attaches great importance to relations with China. Our
relations have stood the test of time, remaining steadfast in
times of upheaval, a true example of all-weather friendship. It is
these historic and solid ties that necessitate the need to elevate the framework of our bilateral cooperation," President Hage Geingob told delegates in the Great Hall in Beijing, China today.
He reiterated the cooperation between the two countries, including in infrastructure development, health, human
capacity development, agriculture, culture and high-level exchanges.
He said China is an "important bilateral partner in our
development agenda for which the sole objectives are poverty eradication, sustainable economic
development and inclusive prosperity for all".
"In solidifying our partnership I am pleased that we will be able to conclude several agreements.
Our current global environment is dominated by the proliferation of information technologies, an area in which China has made great progress. Namibia seeks to draw
from Chinese expertise in this area."
Growth in trade between the two countries has increased exponentially with preliminary figures showing a growth of 107%
from US$242 million recorded in
2007 to US$501 million in 2017. "Growth in our trade relations has been aided by mutual trust, solidarity and the pursuit of enhanced cooperation. China is one of our largest export markets and among the top five trading partners."
He concluded by saying "this visit to China should allow us to expand our partnership and open new areas of cooperation, so as to fully optimise the immense untapped potential that exists between our two countries in terms cooperation. Namibia intends to build a
relationship with China centred on win-win partnerships."

STAFF REPORTER

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Premier League: Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth LaLiga: Real Sociedad 0 vs 1 Real Madrid SerieA: Frosinone 3 vs 0 Salernitana | Udinese 1 vs 2 AS Roma European Championships Qualifying: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City English Championship: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City Katima Mulilo: 16° | 33° Rundu: 16° | 33° Eenhana: 16° | 35° Oshakati: 17° | 34° Ruacana: 17° | 35° Tsumeb: 18° | 32° Otjiwarongo: 14° | 31° Omaruru: 16° | 34° Windhoek: 15° | 29° Gobabis: 18° | 30° Henties Bay: 15° | 22° Wind speed: 21km/h, Wind direction: S, Low tide: 11:03, High tide: 05:02, Low Tide: 23:14, High tide: 17:32 Swakopmund: 15° | 18° Wind speed: 23km/h, Wind direction: SW, Low tide: 11:01, High tide: 05:00, Low Tide: 23:12, High tide: 17:30 Walvis Bay: 16° | 26° Wind speed: 28km/h, Wind direction: SW, Low tide: 11:01, High tide: 04:59, Low Tide: 23:12, High tide: 17:29 Rehoboth: 17° | 31° Mariental: 20° | 34° Keetmanshoop: 22° | 34° Aranos: 20° | 33° Lüderitz: 13° | 24° Ariamsvlei: 20° | 35° Oranjemund: 17° | 30° Luanda: 26° | 29° Gaborone: 18° | 27° Lubumbashi: 11° | 25° Mbabane: 13° | 17° Maseru: 9° | 23° Antananarivo: 14° | 27° Lilongwe: 14° | 26° Maputo: 18° | 25° Windhoek: 15° | 29° Cape Town: 15° | 27° Durban: 17° | 22° Johannesburg: 15° | 23° Dar es Salaam: 23° | 31° Lusaka: 17° | 26° Harare: 14° | 26° Currency: GBP to NAD 23.44 | EUR to NAD 20.1 | CNY to NAD 2.59 | USD to NAD 18.8 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.71 | ZWL to NAD 0.04 | BRL to NAD 3.68 | RUB to NAD 0.21 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.78 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74329.37 Down -0.25% | Namibian Stock Exchange (NSX) Overall Index 1642.69 Up +6.30% | Casablanca Stock Exchange (CSE) MASI 13346.81 Up +0.49% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026 Sport results: Premier League: Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth LaLiga: Real Sociedad 0 vs 1 Real Madrid SerieA: Frosinone 3 vs 0 Salernitana | Udinese 1 vs 2 AS Roma European Championships Qualifying: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City English Championship: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City Weather: Katima Mulilo: 16° | 33° Rundu: 16° | 33° Eenhana: 16° | 35° Oshakati: 17° | 34° Ruacana: 17° | 35° Tsumeb: 18° | 32° Otjiwarongo: 14° | 31° Omaruru: 16° | 34° Windhoek: 15° | 29° Gobabis: 18° | 30° Henties Bay: 15° | 22° Wind speed: 21km/h, Wind direction: S, Low tide: 11:03, High tide: 05:02, Low Tide: 23:14, High tide: 17:32 Swakopmund: 15° | 18° Wind speed: 23km/h, Wind direction: SW, Low tide: 11:01, High tide: 05:00, Low Tide: 23:12, High tide: 17:30 Walvis Bay: 16° | 26° Wind speed: 28km/h, Wind direction: SW, Low tide: 11:01, High tide: 04:59, Low Tide: 23:12, High tide: 17:29 Rehoboth: 17° | 31° Mariental: 20° | 34° Keetmanshoop: 22° | 34° Aranos: 20° | 33° Lüderitz: 13° | 24° Ariamsvlei: 20° | 35° Oranjemund: 17° | 30° Luanda: 26° | 29° Gaborone: 18° | 27° Lubumbashi: 11° | 25° Mbabane: 13° | 17° Maseru: 9° | 23° Antananarivo: 14° | 27° Lilongwe: 14° | 26° Maputo: 18° | 25° Windhoek: 15° | 29° Cape Town: 15° | 27° Durban: 17° | 22° Johannesburg: 15° | 23° Dar es Salaam: 23° | 31° Lusaka: 17° | 26° Harare: 14° | 26° Economic Indicators: Currency: GBP to NAD 23.44 | EUR to NAD 20.1 | CNY to NAD 2.59 | USD to NAD 18.8 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.71 | ZWL to NAD 0.04 | BRL to NAD 3.68 | RUB to NAD 0.21 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.78 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74329.37 Down -0.25% | Namibian Stock Exchange (NSX) Overall Index 1642.69 Up +6.30% | Casablanca Stock Exchange (CSE) MASI 13346.81 Up +0.49% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026