CGTN: Integration into national development brings new impetus to Hong Kong

BEIJING, July 3, 2022 /PRNewswire/ — The value of trade between the Hong Kong Special Administrative Region (HKSAR) and the Chinese mainland has surged more than sixfold from $50.77 billion to $360.33 billion, an average annual increase of 8.5 percent since the Hong Kong’s return to the motherland 25 years ago, according to the Chinese Ministry of Commerce.

While integrating itself into the country’s overall development, Hong Kong has become an important participant in domestic circulation and a key contributor connecting domestic and international circulation.

By the end of 2021, investment from Hong Kong into the mainland had topped $1.4 trillion, accounting for 57.6 percent of the mainland’s total attraction of overseas investments.

“Proactively integrating itself into the country’s overall development and carving out its role in national strategies, Hong Kong has maintained its strengths in its high degree of openness and in aligning with international rules,” Chinese President Xi Jinping said on Friday at the meeting celebrating the 25th anniversary of Hong Kong’s return to the motherland.

“With continuously expanding areas and enabling mechanisms for Hong Kong’s cooperation and exchanges with the mainland, people in Hong Kong now have better opportunities to start their own businesses and make achievements,” he added.

Tapping into Greater Bay Area

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA), which aims to become a world-class bay area and city cluster, is a significant national project conceived and promoted by President Xi.

On July 1, 2017, Xi witnessed the signing of a framework agreement between the National Development and Reform Commission, the country’s top economic planner, and the governments of Guangdong, Hong Kong and Macao on deepening Guangdong-Hong Kong-Macao cooperation.

A year later, Xi announced the opening of the Hong Kong-Zhuhai-Macao Bridge, a supergiant sea-crossing traffic project that links Guangdong, Hong Kong and Macao. It has become a physical symbol of China’s vision for the GBA.

On February 18, 2019, the outline development plan for the GBA was unveiled, which envisaged creating a role model of high-quality development, an international first-class bay area and a world-class city cluster.

Last September, a plan was launched for further developing the Qianhai cooperation zone for the southern metropolis of Shenzhen and the HKSAR, with the aim of helping the zone better play an exemplary and leading role in the development of the GBA.

The number of Hong Kong-funded enterprises in the Qianhai zone surged 156 percent year on year in 2021. Of the total foreign investment in actual use in Qianhai last year, 93.8 percent was from Hong Kong.

Individuals from Hong Kong are benefiting from the GBA initiative too. Hong Kong and Macao professionals from eight sectors, including teachers, doctors and tour guides, are now allowed to practice on the mainland with mutual recognition of qualifications. By now, over 3,000 professionals have obtained qualifications on the mainland.

Addressing at the celebration, Xi again said central government fully supports Hong Kong in its effort to seize historic opportunities offered by China’s development and actively dovetail itself with the Guangdong-Hong Kong-Macao Greater Bay Area.

National governance

“Since Hong Kong’s return to the motherland, it has been re-integrated into China’s governance system, and a constitutional order was established with the ‘One Country, Two Systems’ principle as its fundamental guideline,” Xi noted.

Chinese citizens who are permanent residents of the HKSAR can participate in the governance of both the SAR and the country as empowered by law.

After its return, at the Ninth National People’s Congress (NPC) in 1998, deputies from Hong Kong began to participate in the NPC, the highest body of state power, to discuss plans for national development and problems affecting people’s lives, and to put the people’s expectations at the top of the agenda on state matters.

Meanwhile, more than 5,600 representatives from all walks of life in Hong Kong serve as members of the Chinese People’s Political Consultative Conference (CPPCC) at all levels, including over 200 in the CPPCC National Committee. They are all valued advisors on key national programs and contributors to the development of the country.

Thirty-six deputies from Hong Kong were elected to participate in the work of the 13th NPC, accounting for 1.2 percent of total deputy numbers while over 200 CPPCC members are from the HKSAR, 10 percent of the total. Both ratios significantly exceed Hong Kong’s share of the country’s population of about 0.5 percent.

https://news.cgtn.com/news/2022-06-29/Hong-Kong-25-years-on-Better-integrating-into-national-development-1bfyY0p1lWo/index.html

West Africa leaders lift sanctions on 2 junta-led neighbors

ACCRA (Ghana)— West African leaders attending a regional summit agreed Sunday to lift sanctions on two neighbors led by military governments that are now promising a return to democratic rule.

The summit of the Economic Community of West African States resolved to lift all economic and financial sanctions imposed on Mali and Burkina Faso, although those countries will remain suspended from the regional bloc, said Jean-Claude Kassi Brou, an Ivorian politician who has been serving as president of the ECOWAS Commission.

Guinea, the third country under sanctions, received no reprieve because it did not submit an acceptable roadmap toward elections, he said.

He said the suspension of all three nations from ECOWAS would remain in force until they hold elections.

In lifting the sanctions on Mali and Burkina Faso, leaders at the summit in Ghana’s capital, Accra, accepted transition plans presented by military authorities in those countries. Mali’s junta proposed scheduling a presidential election by March 2024. Burkina Faso proposed a 24-month transition leading to polls.

ECOWAS sanctioned Mali severely in January by shutting down most commerce with the country, along with its land and air borders with other countries in the bloc. The measures have crippled Mali’s economy, raising humanitarian concerns amid widespread suffering.

The wave of military coups began in August 2020, when Col. Assimi Goita and other soldiers overthrew Mali’s democratically elected president. Nine months later, he carried out a second coup, dismissing the country’s civilian transitional leader and assuming the presidency himself.

Mutinous soldiers deposed Guinea’s president in September 2021, and Burkina Faso leader Roch Marc Christian Kabore was ousted in a January coup. Burkina Faso authorities said Saturday that Kabore, who has been under house arrest, is now a free man.

The political upheaval came as many observers started to think that military power grabs were a thing of the past in West Africa, an increasingly restive region that also faces growing danger from Islamic extremist fighters.

Some leaders who spoke at Accra’s one-day summit urged action as armed groups expand their footprint in the region.

“These terrorist attacks are now not only focusing on the Sahel, but also expanding to the coastal states in our region,” Ghanaian President Nana Akufo-Addo. “It is imperative for us to continue to implement our regional action plan against terrorism and to coordinate our various security initiatives.”

In the first half of 2022, the region recorded a total of 3,500 deaths from 1,600 extremist attacks targeting countries including Togo, Burkina Faso, Niger and Nigeria, according to Brou.

In Burkina Faso, where attacks blamed on Islamic extremist fighters are soaring, gunmen killed at least 55 people in the country’s northern Seno province last month.

Source: NAM NEWS NETWORK

Gambia bans timber exports after smuggling fears

BANJUL— The Gambia has suspended all timber exports, following reports the West African state is serving as a transit point for the illegal smuggling of endangered rosewood.

“All existing permits issued for the export/re-export of timber are permanently revoked,” the information ministry said in a statement, instructing port authorities to prevent any logs from being loaded onto ships.

“The export/re-export or import of Pterecarpus erinaceus is banned,” it added of endangered African rosewood used for woodworking and protected under CITES, the Convention on International Trade in Endangered Species.

There was no official explanation for the ban, but it comes after reports of contraband timber passing through the country, mostly after being logged illegally in neighbouring Senegal’s Casamance region.

The Environmental Investigation Agency, a non-governmental organisation, said in a report in 2020 that The Gambia has served as a transit point for an estimated 1.6 million rosewood trees since 2012.

Citing interviews with traffickers, the report added that rosewood smuggling “rapidly exploded” in 2012 due to strong demand in China.

French shipping giant CMA CGM said in 2020 it would suspend all timber exports from The Gambia due to suspicions it had unwittingly shipped undeclared rosewood.

Casamance is separated geographically from the rest of Senegal by the Gambia River, around which lies the tiny state of The Gambia.

Source: NAM NEWS NETWORK

Congo and Rwanda to Meet for Talks Amid Tensions Over Rebels

Democratic Republic of Congo President Felix Tshisekedi will meet his Rwandan counterpart, Paul Kagame, for talks in Angola this week, officials said Monday.

There were no details on what they would discuss, but the neighbors have been at diplomatic loggerheads since a surge of attacks in eastern Congo by the M23 rebel group — which Kinshasa accuses Kigali of backing.

Rwanda denies supporting the rebels and has, in turn, accused Congo of fighting alongside insurgents — a faceoff that has raised fears of fresh conflict in the region.

The meeting is likely to take place on Tuesday or Wednesday in Angola’s capital, Luanda, according to the officials — two of them from Congo and one Rwanda — who did not wish to be named.

Earlier on Monday, Kagame said he did not mind Rwanda being excluded from a regional military force set up in April to fight rebels in east Congo, removing a potential stumbling block to the initiative.

Congo had welcomed the plan but said it would not accept the involvement of Rwanda.

“I have no problem with that. We are not begging anyone that we participate in the force,” Kagame told Rwanda’s state broadcaster in a wide-ranging interview.

“If anybody’s coming from anywhere, excluding Rwanda, but will provide the solution that we’re all looking for, why would I have a problem?” Kagame said.

At the end of March, the M23 started waging its most sustained offensive in Congo’s eastern borderlands since capturing vast swaths of territory in 2012 and 2013.

Rwanda accuses Congo’s army of firing into Rwandan territory and fighting alongside the Democratic Forces for the Liberation of Rwanda, an armed group run by ethnic Hutus who fled Rwanda after taking part in the 1994 genocide.

Recent attempts to stop the violence militarily have proven unsuccessful, and in some cases backfired, security analysts and human rights groups say.

Despite billions of dollars spent on one of the United Nations’ largest peacekeeping forces, more than 120 rebel groups continue to operate across large swaths of east Congo almost two decades after the official end of the central African country’s civil wars.

Source: Voice of America

ECOWAS Lifts Sanctions Against Mali

The West African bloc ECOWAS has lifted economic and financial sanctions against Mali’s military government after it vowed to hold elections in February 2024. The move was welcomed by many Malians who have been struggling under the restrictions and the global rise in fuel and food costs.

Early Monday morning, Bamako’s grand marché, or central market, slowly comes to life.

On Sunday evening, regional bloc ECOWAS announced the immediate lifting of economic and financial sanctions against Mali following a summit in Accra, Ghana.

The sanctions, imposed in January after military leaders delayed elections until 2026, were lifted after leaders announced a new election timetable in June with elections in 2024.

Mali is a landlocked country and depends on its ECOWAS neighbors for trade. The economic sanctions prohibited the trade of goods and closed borders between Mali and its neighbors, with exceptions for food, fuel and medicine.

Moussa Souare sells clothing in Bamako’s grand marché out of a small kiosk. He says his merchandise comes from Senegal, Benin and Nigeria — all countries that were cut off from Mali during the sanctions.

Taking a small break from speaking to clients, he says the sanctions made an already difficult situation worse.

Everyone works a little bit here and there to make a living, he says. Especially here, it’s a poor country. Our merchandise, it’s not made here. We don’t have those factories here.

In Bamako’s ACI 2000 neighborhood, a group of motorcycle taxi drivers gathered near a roundabout waiting for dispatches.

Seydou Coulibaly says he only began driving a motorcycle taxi, which pays little, because of a lack of available work in Mali. He says he hopes the lifting of sanctions will open up the country to more investment, and more jobs.

He says the sanctions were implemented, and we had a lot of difficulties. Different products became expensive, and there was also the rise in gas prices.

Though fuel was not subject to sanctions, gasoline prices have risen in Mali recently as they have worldwide.

Political analyst and political science professor Kalilou Sidibe says that though the lifting of sanctions is a turn in the right direction, it’s too early to say how the 2024 elections plan will play out.

For the moment, he says, the sanctions have been lifted. But the international community is watching the government. How will they proceed? How will concrete progress be made on the ground? It’s only after all of this that confidence can be re-established, he says.

The military government, which first took power in a 2020 coup, originally promised elections in February of 2022. It delayed elections in December 2021, citing lack of security.

Sidibe added that the management of Mali’s rampant insecurity will be an important issue for the junta and their ability to hold elections as promised.

With the lifting of sanctions, ECOWAS member states’ ambassadors will be able to return to Bamako. During the summit, ECOWAS leaders also agreed to a 24-month transition to civilian rule in neighboring Burkina Faso, which has also been under military rule since January. Burkina Faso and Mali have both seen increasing Islamist violence under military rule.

Source: Voice of America

Central African Republic President: Crypto is key to financial inclusion

BANJUI— Cryptocurrencies are the solution to tackling financial exclusion in the Central African Republic, its President Faustin-Archange Touadera said, citing the cost of opening bank accounts.

“The alternative to cash is cryptocurrency,” Touadera said at a launch event for crypto initiative Sango hosted by the country, after it became the first African state to make bitcoin legal tender in April. “For us, the formal economy is no longer an option.”

The move to adopt cryptocurrencies in a country where internet use is low and electricity unreliable has raised eyebrows among crypto experts, puzzled lawmakers and residents, and drawn words of caution from the International Monetary Fund.

The Sango project, including a Sango Coin, was backed by the Central African Republic’s National Assembly and spearheaded by Touadera, who said the token would provide access to the country’s “mountain” of natural resources, including gold and diamonds.

The country’s “Sango” website says that it will “facilitate the tokenisation of Central African Republic’s resources for worldwide investors”.

“Sango Coin will be the currency of the new generation of the Central African Republic,” Touadera said, without providing specifics.

The Central African Republic’s enthusiasm for cryptocurrencies does not seem to have been dented by recent losses in their values, with the price of bitcoin falling over 58 per cent in the past three months, according to Refinitiv data.

Source: NAM NEWS NETWORK