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CIFTIS 2023: Patrice Talon announces the abolition of visas for Chinese

05/09/2023
Source : ORISHAS FINANCE
Categories: Companies

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President Patrice Talon announced the abolition of visas for Chinese nationals who want to visit Benin on Saturday, September 2, 2023, during the China World Trade in Services Summit (CIFTIS).

Entry to Benin would be free for all Chinese people. This is what President Patrice Talon said in Beijing during the CIFTIS 2023 summit. According to him, very often commercial exchanges are also the fruit of in-depth mutual cultural knowledge. President Patrice Talon said that “in terms of financial capital, Benin has decided with the Chinese government to innovate even more. Thus, any Chinese company wishing to invest in Benin will be able to have Sino-Beninese public co-investment. Concretely, and with the support of the China-Africa Development Fund (CADFUND), we will set up a co-investment mechanism that will make it possible to secure Chinese investors in

Benin.”

“It would be a great way to promote a new paradigm, one that encourages productive investment by Chinese companies in Africa,” according to the president.

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