ZimbabweanPresidentEmmersonMnangagwa(Front)addressestheopeningceremonyofZimbabwe-ChinaBusinessForuminHarare,Zimbabwe,onJune11,.ZimbabweandChinaonMondaysigneda1-billion-U.S.-dollarMemorandumofunderstanding(MoU)forestablishingasteelplantthatcanproduceupto2milliontonnesofsteelperannum.(Xinhua/ChenYaqin)
HARARE,June11(Xinhua)--ZimbabweandChinaonMondaysigneda1-billion-U.S.-dollarMemorandumofunderstanding(MoU)forestablishingasteelplantthatcanproduceupto2milliontonnesofsteelperannum.
TheMoUisamongseveraldealssignedatthestartofafour-dayZimbabwe-ChinaBusinessForumthatisbeingattendedbyahigh-poweredChinesedelegationfromZhejiangProvince.
ThedelegationisbeingledbyCheJun,secretaryofZhejiangProvincialCommitteeoftheCommunistPartyofChina(CPC).
ChesaidthedelegationwasinZimbabwetoscoutforbusinessandinvestmentopportunitiestohelpZimbabweindustrializeitseconomy.
TheZhejiangdelegationstriptoZimbabwefollowsPresidentEmmersonMnangagwasvisittoChinainApril,duringwhichseveralotherinvestmentandcooperationagreementsweresignedbetweenthetwocountries,whichelevatedtheirtiestoa
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