Bra il to can­cel mil­lion in African debt

Viet Nam News - - World -

AD­DIS ABABA – Brazil has said it plans to can­cel US 900 mil­lion worth of debt in 12 African coun­tries, as part of a broader strat­egy to boost ties with the con­ti­nent.

The idea of hav­ing Africa as a spe­cial re­la­tion­ship for Brazil is strate­gic for Brazil’s for­eign pol­icy, pres­i­den­tial spokesman Thomas Trau­mann told re­porters on the side­lines of African Union cel­e­bra­tions to mark 50 years of the con­ti­nen­tal bloc on Satur­day.

Brazil­ian Pres­i­dent Dilma Rouss­eff was in Ad­dis Ababa for the cel­e­bra­tions, her third trip to Africa in three months.

Among the 12 coun­tries whose debts were par­doned, Con­goBraz­zav­ille was the high­est with a 352 mil­lion debt can­celled, with Tan­za­nia’s 237 mil­lion debt the sec­ond largest.

Trau­mann said the move was part of Brazil’s ef­forts to boost eco­nomic ties with Africa, home to some of the world’s fastest grow­ing economies. — AFP

Tan­za­nia is send­ing 1,280 troops to join a new UN bri­gade with a man­date to con­duct “tar­geted of­fen­sive op­er­a­tions ” against rebels in eastern DR Congo.

“I think we will be able to fix it, the Congo is go­ing to be fixed,” he said as he left the meet­ing.

How­ever, Ban was more hes­i­tant, say­ing that while progress was be­ing made, prom­ises made

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