January 19, 2010

China and East Africa's Tanzania sign aquaculture agreement

The Tanzania government has signed a five-year livestock and fishing agreement with China that would see Chinese companies invest in aquaculture and livestock projects.

The agreement was signed by Tanzania's Livestock and Fisheries Development Minister Dr John Magufuli and the China's deputy minister for Agriculture Niu Dun.

Dr Magufuli said China, which leads globally in aquaculture, will expose Tanzanians to new technology from their Chinese counterparts.

Apart from financial gain, Tanzania would be able to adopt new fishing and livestock keeping technologies from China, Dr Magufuli added.

The agreement would be renewed after every five years and if any country were to terminate the contract, it will be required to issue a six-month notice.