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Gov. of Liberia and Japan expected to sign Exchange of Notes

Victor Kezelee /Maximilian Kasseh, Jr.
The flags of Liberia and Japan
The flags of Liberia and Japan

MONROVIA, LIBERIA-The Governments of Liberia and Japan are expected to sign an Exchange of Notes for another round of KR Food Aid to be referred to as Food Aid 2018 valued at 2.7 (M) Million United States Dollars.

According to a release issued on November 5, 2018, Liberia’s Foreign Minister, Gbehzongar Findley, will sign on behalf of the Liberian Government while Japanese Ambassador to Liberia, Tsutomu Himeno, will sign on behalf of his Government.

The Food Aid Grant will be monetized to support Liberia’s socio-economic development.

Previous Food Aid grants were used to support Liberia’s economic recovery projects, including Paddy and seed rice projects, and the construction of two warehouses in Lofa, Bong, Nimba and Grand Gedeh Counties.

The project is being implemented by the Ministry of Agriculture, the Human Resource Capacity-Building Project at the Ministry of Foreign Affairs, and the LIFE FUND, being implemented by the Ministry of Commerce and Industry.

The signing of the Food Aid Grant follows barely two weeks after the Grant Approved over 587 million Liberian Dollars for the construction of 282 Low Cost Housing Units in Sasstown, Grand Kru County.


Meanwhile, the Governments of Liberia and Japan are holding bilateral discussions for the construction and relocation of the Gorbachop and the main Redlight Markets.

According to a release, the Gorbachop and the main Redlight Markets are to be relocated to the Omega Village Community.

The exercise will give way for the World Bank’s Road expansion project between the Coca-Cola Factory and ELWA junction corridor.

The relocation of more than 21-thousand marketers and illicit peddlers is a major concern to the Weah-led Government.

At the same time the Liberian Government has lauded the Japanese Government’s continued support to Liberia’s economic recovery programs, geared at addressing its development challenges.

The Liberian Government assured that it will fully execute the earmarked projects for which the funds are intended.

 


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