240611BEC APRROVES BOUGAINVILLE-CHINA COMMITTEE
By Aloysius Laukai

The Bougainville Executive Council this week approved the much debated Bougainville China- Cooperation Committee.

This was announced by the ABG President JOHN MOMIS in parliament.

He said that the committee’s responsibility is to support and facilitate Chinese Investment in the Autonomous Region following the signing of Seven Memorandum of Understandings with the Shanghai Chamber of Commerce and Minging Chamber of commerce and various other companies in China last year.

The Bougainville- China Cooperation will focus on developing an all around strategic partnership with China in order to attract Chinese investors to invest in Bougainville on a large scale and quantity basis, source and secure foreign aid from Chinese Government, develop and facilitate social economic, cultural and technical exchange programs between Bougainville and China.

And promote mutual understanding support and friendship between the people of the Autonomous Region of Bougainville and the Republic of China.

The Committee would be chaired by the ABG Vice President and minister for Health, PATRICK NISIRA.

The BEC also directed the Bougainville Administration to source THREE HUNDRED THOUSAND KINA for the initial funding of the committee.