Agro-exports: JPM lauds China outlets

09Jan 2021
Henry Mwangonde
Dar es Salaam
The Guardian
Agro-exports: JPM lauds China outlets

PRESIDENT John Magufuli yesterday unveiled a new trade strategy with focus on China as key market for Tanzania’s cash crops—thanks to the Asian giant’s population and existing cordial bilateral ties.

Speaking in Chato District, Geita Region yesterday following a meeting with visiting State Councilor and Minister of Foreign Affairs of the People’s Republic of China, Wang Yi, the president said even if China buys only a fraction of crops or products manufactured in Tanzania, the country is likely to make strides in its development endeavors.

 “We need to start working on how our crops will reach the Chinese market because it is a big market which can accommodate all the cashwenuts, coffee and cassava that we grow,” the president affirmed.

He said the idea of focusing on trade with China was viable because by doing business with Tanzania, China will be at the same time trade with other member states of the Southern Africa Development Community (SADC) and the East African Community (EAC) blocs.

Tanzanian coffee production averages between 30-40,000 metric tons each year of which approximately 70-percent is Arabica and 30percent is Robusta.

It is one of the country’s largest export crops, contributing about $115 million in export earnings. About 95 percent of coffee is produced by nearly 400,000 smallholders with holdings of one to two hectares.

President Magufuli said relations with China are based on common history around the theme of liberation, and thus China has been a true friend to Tanzania.

During the meeting, a contract was signed between the Tanzania Railways Corporation (TRC) and the China Civil Engineering Construction (CCEC) and China Railway Construction Company (CRCC) to construct the fifth lot of the Standard Gauge Railway from Mwanza to Isaka covering a distance of 341 kilometers. ...for more info read on https://epaper.ippmedia.com

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