UNIDO to work with the China Council for Promotion of International Trade and the China-Africa Development Fund to further Africa’s industrialization

The United Nations Industrial Development Organization (UNIDO) will work together with two influential institutions, the China Council for Promotion of International Trade (CCPIT) and the China-Africa Development Fund (CAD Fund), to jointly promote inclusive and sustainable socio-economic and industrial development in Africa.

Under an agreement signed today in Johannesburg, UNIDO and CCPIT have committed to jointly enhance inter-institutional cooperation and exchanges, create trading and investment opportunities for developing countries, and promote the economic development and industrialization process in developing countries for the purpose of improving economic competitiveness and increasing productive employment.

The agreement was signed by UNIDO Director General, LI Yong, who is taking part in the sixth Ministerial Meeting and the Johannesburg Summit of the Forum China-Africa Cooperation (FOCAC) <