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Liberia, Japan agree to re-establish mutual ties

By mylbsonline staff
Mr. Shinzo Abe the President Sirleaf of Liberia
Mr. Shinzo Abe the President Sirleaf of Liberia

(mylbsonline/Liberia)- Liberia and Japan have agreed to initiate a Policy Dialogue as a basis of re-establishing mutual ties between the two countries.

President Ellen Johnson-Sirleaf and Japanese Prime Minister, Shinzo Abe, reached the decision Sunday, June 2, 2013 in Yokohama, Japan.

The two leaders reached the decision at the end of the fifth Tokyo International Conference on African Development.
At the Conference, leaders from Japan and Africa agreed to promote private sector-led growth in Africa.

In the Yokohama Declaration, the leaders also affirmed that the private sector is a vital engine of growth that will support and strengthen the sector and promote greater private investments.

The declaration also added: “The private sector will improve the investment climate and legal and regulatory frameworks.”
The African leaders also adopted a five year Yokohama Action Plan beginning 2013.

The Yokohama Action Plan covers a wide-range of areas, including boosting economic growth, accelerating infrastructure and capacity development and empowering farmers as mainstream economic actors.

Other areas covered by the plan include, promoting sustainable and resilient growth, creating an inclusive society for growth, consolidating peace, stability, democracy and good governance, as well as the follow-up mechanism.

The Liberian President also promised to support Japan’s bid for a non-permanent seat on the United Nations Security Council in 2015.

Meanwhile, the conference Co-chair and Ethiopian Prime Minister, Hailemariam Desalegn, said: “Africa needs to strengthen the bases of development through infrastructure, human resource development, and economic diversification and promote private sector-led growth.”

“Peace and stability are prerequisites for growth, and that efforts will be made to strengthen Africa’s capacity to create, nurture and protect peace by supporting its own initiatives,” the Yokohama Declaration also noted. 


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