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Download Page as PDF document-open. China / Botswana. → Exports: $M, Rnk / → Top Product: $M, Broadcasting Equipment. → Exports: $17M, Rnk 19 / GABORONE – Trade between Botswana and China is growing steadily, says out-going Chinese Ambassador Ding Xiawoen. He said in an interview yesterday that his assignment was to promote and improve trade links between the countries. He started the task by inviting local entrepreneurs to China to seek business opportunities.  · Botswana has a growing trade deficit with China as imports have been increasing over the last five years while exports to China have been decreasing. In , the trade deficit was recorded at over $ million, BusinessMonitor has learnt. Botswana’s export to China has decreased over the years since Exports to China were recorded at about $44 million then, while in exports had dropped to about $2 million.

Botswana and China are on the tracks to eradicate the global market for illegal wildlife products. This, it has been revealed, is prompted by the undeniable fact that illegal trade in wildlife is no longer limited to conservation within source countries, but it is increasingly being used by transnational criminal organizations and terrorist groups to fund their militant activities which threaten international peace and security.

Raphaka said a conference on the Illegal Wildlife Trade IWT was held in March , whose primary aim was to, inter alia, review status of implementation of actions agreed as part of the London Declaration. The United Nations Office on Drugs and Crime, he said have been engaged to capacitate prosecutors and authorities engaged in law enforcement to effectively investigate and prosecute financial crimes associated with wildlife crime.

He underpinned that there also was need to enable the confiscation of proceeds of crime derived from illegal wildlife trade offences, to ensure that criminals involved in the illegal wildlife trade do not benefit from the proceeds of their crimes. Thus, Botswana is working with Financial Intelligence Agency FIA and Directorate on Corruption and Economic Crime DCEC with regard to the detection of money laundering and other financial crime in connection with this trade.

Furthermore, he underscored that Botswana has recently gone through the International Consortium on Combating Wildlife Crime ICCWC Wildlife and Forest Crime Analytical Toolkit process. He indicated that they are keen to engage international partners for capacity building in a variety of areas such as forensics, and deployment of technology to apprehend those who attempt to smuggle contraband across borders, the use DNA to determine the source of ivory and other wildlife products and strengthen networks to exchange information and intelligence.

Other efforts to combat this crime, he said, include the amendment of the Wildlife Conservation and National Parks Act to bring it into full compliance with the Convention on International Trade in Endangered Species CITES. Dr He Jinxing from Chinese Department of International Affairs highlighted that his country enacted statutes of CITES. By December , he said provincial CITES enforcement coordination groups had been set up in all the 31 provinces of China.

This he said, is evidenced by enforcement of Article which stipulates that the smuggling of precious and rare species of wildlife as well as the products thereof shall be sentenced to fixed- term imprisonment between five and ten years, with concomitant fine; if the circumstances are especially serious, shall be sentenced to imprisonment of over ten years; up to life sentence, with concomitant confiscation of property….

Dr Jinxing said they have also strengthened environmental protection of overseas investment.

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Botswana and China on Monday signed two Memorandums of Understanding MoUs to strengthen trade and investment ties. The MoUs were signed in Gaborone, capital of Botswana, during the Botswana-China Business Forum, which was attended by a business delegation from China led by Jiang Zengwei, chairperson of the China Council for Promotion of International Trade CCPIT. The signing was facilitated by the host Botswana Investment and Trade Centre BITC , Business Botswana and the CCPIT.

He said goods and services trade is continuing to grow in China and advised Botswana to seize the opportunity to invest in China. She said Botswana was committed to attracting foreign direct investment with the aim of diversifying the economy and creating job opportunities. Dow appealed to the China business delegation to consider setting up businesses in Botswana given the compelling investment climate.

Keletsositse Olebile, chief executive officer of BITC, said CCPIT, BITC and Business Botswana collaboration would provide a platform for mutually beneficial business partnerships between Botswana and Chinese companies. The forum focuses on sectors including infrastructure development, manufacturing, financial services, energy, mining, agribusiness and Information Communications Technology ICT. Your Email. Tips: If you prefer direct call, Message or email then follow: David: on WeChat, WhatsApp Lilian: on WeChat, WhatsApp Email: tanndy tanndy.

You are here:. Botswana, China sign MoUs to improve trade relations Botswana and China on Monday signed two Memorandums of Understanding MoUs to strengthen trade and investment ties.

botswana china trade

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Visitors attend the Global Expo Botswana in the capital of Gaborone on Tuesday. China continues to support Botswana as its new government seeks better ties with Beijing. After tense period, new govt seeks better ties with Beijing. The intensifying efforts from President Mokgweetsi Masisi to attract Chinese companies to invest in the diamond-rich nation marks a dramatic shift from the previous administration’s hostile approach toward China and defies smearing campaign by western media badmouthing China’s cooperation with African countries.

Ask anyone in Botswana what their country is famous for and many will be quick to say the magic word: diamonds – one of the most sought-after and romanticized gemstones. Indeed, the southern African nation, which is the size of France but only has a population of about 2. The precious stone has propelled the country from being one of the poorest in the continent five decades ago to one of the richest and most vibrant.

However, people in Botswana don’t shy away from admitting the acute problems for the country’s economy, which has grown excessively reliant on diamond mining and trade. Asked why, the driver smiled and said, in less fluent English: „Diamonds are good but not for long. Economic transformation Since taking office in April , President Mokgweetsi Masisi has led the country in what many call an unprecedented drive to transform Botswana’s economy from being overly reliant on diamonds and other natural resources to being powered by innovation and entrepreneurship, under an initiative highly regarded in the country – National Vision This year, the GEB attracted more than companies from Botswana, Africa and beyond, according to the organizer – the Botswana Investment and Trade Centre BITC.

botswana china trade

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China remains the largest trading partner with Southern Africa, especially Botswana, an expert on global trade revealed this week. He was discussing the opportunities of trading from China with managing directors of top local trading companies during a Botswana – China trade business forum in Gaborone on Tuesday. His assertions are contrary to a widely – held perception that the European Union EU is Africa’s biggest trading partner.

Trade between China and Africa is historical and the Standard Chartered Bank comes a long as a facilitator of this trade. Standard Chartered has 11 branches and six agencies in Botswana, 29 in Zimbabwe and 17 in South Africa. Jiang revealed that China is on an ambitious plan to establish a free trade agreement with Africa modelled in the fashion of the EU’s Economic Partnership Agreements EPAs. China’s growing ambition to trade with Africa was furthered in April this year during the Chinese President, Jiang Zemin’s visit to four African states.

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You can edit the text in this area, and change where the contact form on the right submits to, by entering edit mode using the modes on the bottom right. You can set your address, phone number, email and site description in the settings tab. Link to read me page with more information. China-Africa bilateral trade has been steadily increasing for the past 16 years. However, weak commodity prices since have greatly impacted the value of African exports to China, even while Chinese exports to Africa remained steady.

Our data includes North Africa. In , the largest exporter to China from Africa was Angola, followed by South Africa and The Republic of Congo. In , Nigeria was the largest buyer of Chinese goods, followed by South Africa and Egypt. While U. Comtrade and Chinese government sources do not report the exact same trade figures, the two sources are very close. For consistency, we provided all Comtrade data for users to download.

We also included U.

botswana china trade

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Jiang Zengwei L , chairperson of the China Council for Promotion of International Trade CCPIT , and Keletsositse Olebile, chief executive officer of Botswana Investment and Trade Centre BITC , shake hands during the signing ceremony held in Gaborone, Botswana, July 23, Botswana and China on Monday signed two Memorandums of Understanding MoUs to strengthen trade and investment ties.

GABORONE, July 23 Xinhua — Botswana and China on Monday signed two Memorandums of Understanding MoUs to strengthen trade and investment ties. The MoUs were signed in Gaborone, capital of Botswana, during the Botswana-China Business Forum, which was attended by a business delegation from China led by Jiang Zengwei, chairperson of the China Council for Promotion of International Trade CCPIT.

The signing was facilitated by the host Botswana Investment and Trade Centre BITC , Business Botswana and the CCPIT. Speaking at the meeting, China Ambassador to Botswana, Zhao Yanbo said the China-Botswana economic and trade cooperation was a win-win principle with a common goal of improving the people’s livelihoods. He said goods and services trade is continuing to grow in China and advised Botswana to seize the opportunity to invest in China.

Unity Dow, Botswana’s Minister of International Affairs and Cooperation, said she expected the engagement to boost trade and investment linkage between Botswana and China. She said Botswana was committed to attracting foreign direct investment with the aim of diversifying the economy and creating job opportunities. Dow appealed to the China business delegation to consider setting up businesses in Botswana given the compelling investment climate.

Keletsositse Olebile, chief executive officer of BITC, said CCPIT, BITC and Business Botswana collaboration would provide a platform for mutually beneficial business partnerships between Botswana and Chinese companies.

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From the distribution, Botswana is expecting 1. Briefing Parliament last week, Dikoloti said government was expecting the doses between August and September. The brewer’s country director, Brinno Diaz said President Mokgweetsi Masisi should not hide By July 26, the latest available figures indicate only , people were fully vaccinated in the The FCII, located at Gerald Estates, is partly used as a detention centre for asylum seekers and The BAOA is the oversight body of the accounting and auditing profession in Botswana, regulating the Motsamai had proposed that funds allocated to the task force should be used to procure other The retreat was to be attended by the executives of the coalition.

This was confirmed by UDC Mmegi is the leading independent source of breaking news, latest news, current affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana. Latest News.

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Increased imports from China into Botswana’s domestic market has mainly replaced imports from other countries, and China’s textile, clothing and footwear (TCF) exports gained market share from. 01/02/ · – The purpose of this paper is to examine the impact of trading with China on Botswana’s domestic and third markets. The paper also assesses the structure and magnitude of Botswana–China bilateral trade., – The paper used descriptive statistics such as graphic analysis to describe and summarize the basic features of the data. To reach conclusions that extend beyond the .

The stats are in and they show that if the controversy over the Dalai Lama visit had to be decided on the basis of economic diplomacy, Premier Xi Jinping would not have blinked one split second. In , Botswana exports to China totalled a mere 1 percent. That notwithstanding, China emerged as the fifth largest exporter to Botswana after South Africa, Namibia, Canada and Belgium. The honour goes to South Africa, Belgium, Namibia, India and United Arab Emirates in that order.

Of the 46 African countries that China conducted external trade with, Botswana is at the bottom of the list with a volume of only 1 percent. At 2 percent each, both Lesotho and Swaziland did more external trade with China than Botswana. It remains unclear how much of these trade statistics were a factor when Botswana and China clashed over a visit by the Tibetan Spiritual Leader, the Dalai Lama.

China immediately launched a campaign which, at its height, had the Chinese Ambassador lobbying cabinet ministers individually. The country was adamant that allowing the Dalai Lama into Botswana violated the One-China Policy which Botswana committed itself to in when it derecognized and cut off diplomatic ties with Taiwan. China considers both Taiwan and Tibet to be its constituent parts.

The saga ended with the Dalai Lama cancelling his trip to Botswana. Had he come to Botswana, that would have been his first visit to Africa. All other African countries, including South Africa — have denied him entry for fear of angering China which would reportedly have cut off diplomatic and all other ties with Botswana had the visit actually happened. Following this saga, President Ian Khama told Botswana Guardian that had China taken punitive action, Botswana would also have retaliated.

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