Liberia, UAE sign cooperation agreement
By Emmanuel wise Jipoh
On the sideline of the dedication of the Modern states of the art Emirates Hospital in Bopolu, Gbarpolu County, the Government of Liberia (GOL) and its counterpart, the United Arab Emirates, have signed a bilateral cooperation agreement for infrastructural development to come to the West African country.
The agreement signed the same day of the dedication of the hospital will enhance smooth operations between the two sides in economic empowerment and essential services.
Liberia’s Foreign Minister Amb. Dee-Maxwell Saah Kemayah, Sr., inked the papers works on behalf of Liberia, while the United Arab Emirates, Minister of States on Foreign Affairs and Relations, Sheikh Shakhboot Nahyan Al Nahyan, signed the documentation for the Arab Government.
An insight into the agreement also revealed trade in Goods and Services, Investment, and Agriculture, including agro-processing activities, livestock, fisheries, and acquisition or lease of agricultural lands.
It also includes energy and renewable energy, mining and industry, infrastructure, construction, real estate, tourism, telecommunication, and transportation, among others.
“The Contracting Parties may decide to co-operate in other areas that appear to be more advantageous, considering the priorities of the economic policy of the states of the Parties,” the agreement said.
“To implement the Economic and technical cooperation under this Agreement, the Contracting Parties shall encourage relevant specialized entities and business communities to explore the possibilities of executing projects in various areas of economic and technical cooperation,” it added.
The agreement further mentioned that the Contracting Parties shall grant special facilities and incentives to investors in both countries if such actions are under their legislation in force and the international obligations and commitments of both countries.