China, Liberia Sign US$14 Million Development Cooperation Agreement

Monrovia, Liberia: The Governments of Liberia and the People’s Republic of China have signed a Development Cooperation Agreement valued at 100 million Chinese yuan (approximately US$14 million) to support Liberia’s national development priorities.

The agreement was signed at a formal ceremony held at Liberia’s Ministry of Foreign Affairs in Monrovia. Liberia’s Foreign Minister, Sara Beysolow Nyanti, signed on behalf of the Liberian government, while Yin Chengwu, Ambassador of China to Liberia, signed for the Chinese government.

The funding is being provided as grant assistance and will support development projects aligned with Liberia’s national agenda under the framework of ongoing bilateral cooperation between the two countries.

Speaking at the ceremony, Minister Nyanti described the agreement as more than a routine diplomatic engagement, noting that it reflects a long-standing partnership built on mutual respect, sovereign equality, and non-interference. She said the cooperation demonstrates China’s continued support for Liberia’s development aspirations and mirrors commitments made during high-level engagements between Joseph Nyuma Boakai and Xi Jinping.

Nyanti also referenced the 2024 Beijing Summit of the Forum on China–Africa Cooperation, describing the agreement as a practical outcome of the shared vision articulated under the FOCAC framework. She emphasized that Liberia values China’s development approach, which prioritizes people-centered, results-oriented projects with visible impact.

The Foreign Minister assured China that the Liberian government remains committed to the transparent, efficient, and accountable use of the funds in line with the agreed framework and pledged close institutional collaboration to ensure the successful implementation of the supported projects.

For his part, Ambassador Yin Chengwu reaffirmed China’s commitment to supporting Liberia’s development efforts, stating that the agreement reflects China’s continued solidarity with Liberia and its readiness to deepen cooperation across key sectors.

Both sides described the agreement as part of broader South-South cooperation and expressed confidence that the partnership will continue to contribute to Liberia’s recovery and long-term development.