China Angrily Fires Back Over Allegations of Taking Over Ugandan Airport
Support our newsroom by MAKING A CONTRIBUTION HERE
The Chinese government has reacted angrily following media reports that it planned to take over Uganda’s international airport.
For past week, Ugandan media has been awash with details of a Chinese loan contract said to be highly unfavorable to Uganda.
The genesis of the mess is that in 2015, the Ugandan government obtained a $325m loan from Exim Bank of China for the expansion works on Entebbe International Airport, about 45m outside the capital Kampala.
However, as upgrade work is still ongoing, the contract recently leaked to Ugandan media. It is reported that 13 clauses in the contract amount to Uganda mortgaging the airport.
The most troubling for the aviation bosses was a clause that gave Exim Bank the sole authority to approve withdraws of funds from the UCAA accounts, according to The East African.
The bank also had the power to approve annual and monthly operating budgets, which it could reject, and the rights to inspect the government and UCCA books of accounts. The China International Economic and Trade Arbitration Commission (CIETAC) in Beijing also had the mandate to resolve disputes.
Ugandan opposition politicians and social media have exploded since the scandal broke. However government ministers said there was no cause for alarm and China had not taken anything from Uganda.
The Chinese embassy in Kampala this Friday posted on its Twitter account comments from Beijing, indication perhaps a response to flood of media requests for comment.
“Why is money offered by Western countries to developing countries considered ‘assistance for development’, while the money offered by China is labelled as ‘debt trap’? This view is NOT logic or correct!”, said Wu Jianghao, China’s Assistant Minister of Foreign Affairs.
Wu Peng, Director-General of the Foreign Ministry Department of African Affairs, said: “Which of the Chinese projects in Africa have been confiscated in Africa? NONE! The hype surrounding Chinese ‘debt trap’ in Africa have NO factual basis and is being pushed on malicious grounds”.
Woah! I’m really digging the template/theme of this website.
It’s simple, yet effective. A lot of times it’s tough to get that “perfect balance”
between superb usability and visual appeal. I must
say that you’ve done a superb job with this. In addition, the blog loads very
quick for me on Safari. Excellent Blog!
You can use your network tto hold abreast of job openings
in your industry.
My website … 밤알바
I don’t know if it’s just me or if perhaps everybody else encountering issues with your website.
It appears as though some of the text in your content are running off the screen. Can someone else
please provide feedback and let me know if this is happening to them too?
This might be a problem with my internet browser because I’ve had this happen before.
Cheers
Very rapidly this web site will be famous among all blog people, due to it’s good posts
The next time I read a blog, I hope that it does not fail me as much as this particular one. After all, Yes, it was my choice to read, however I genuinely believed you’d have something helpful to say. All I hear is a bunch of crying about something you could possibly fix if you were not too busy looking for attention.
Hello there, I discovered your website by way of Google whilst
looking for a related matter, your site came up, it
seems to be great. I have bookmarked it in my google bookmarks.
Hi there, simply turned into aware of your blog thru Google, and located that it
is truly informative. I’m going to be careful for brussels.
I’ll be grateful in the event you proceed this
in future. Numerous other people might be benefited from your writing.
Cheers!
May I simply just say what a relief to find a person that really understands what they are talking about online. You certainly know how to bring an issue to light and make it important. More and more people ought to read this and understand this side of your story. I was surprised you aren’t more popular given that you surely possess the gift.
Hi it’s me, I am also visiting this web page daily, this web page is
actually pleasant and the users are really sharing fastidious
thoughts.
Hello there, I found your website by the use of Google even as looking for a comparable subject,
your website got here up, it appears great. I’ve bookmarked it in my google bookmarks.
Hi there, just changed into alert to your blog through
Google, and found that it is truly informative.
I’m gonna watch out for brussels. I will be grateful when you proceed this in future.
A lot of other folks can be benefited from your
writing. Cheers!
It?s actually a nice and useful piece of information. I am glad that you shared this useful info with us. Please keep us informed like this. Thanks for sharing.
Simply wish to say your article is as amazing.
The clearness to your post is simply nice and that i could think you’re an expert in this subject.
Well together with your permission let me to snatch your RSS
feed to keep up to date with impending post. Thank
you 1,000,000 and please carry on the enjoyable work.
Way cool! Some extremely valid points! I appreciate you penning this write-up and the rest of the website is also very good.
Oh my goodness! Amazing article dude! Many thanks, However I am encountering issues with your RSS.
I don’t know why I am unable to join it. Is there anyone else
getting identical RSS issues? Anyone who knows the solution can you kindly respond?
Thanx!!
Have you ever thought about including a little bit more than just your
articles? I mean, what you say is important and all.
Nevertheless think about if you added some great visuals or videos
to give your posts more, “pop”! Your content is excellent but with pics and videos, this
blog could definitely be one of the very best in its field.
Good blog!
It’s perfect time to make some plans for the
future and it is time to be happy. I’ve read this post and
if I could I wish to suggest you few interesting things or advice.
Maybe you can write next articles referring to this article.
I want to read even more things about it!
Spors bettng is only allowed at facilities that are exclusively operated by the Korea Sports Foundation.
my site; Online Casino Roulette