As Rwandan companies were set to showcase local products at the second China International Import Expo (CIIE), a Rwandan official said the country wanted to market its products at the event and see how to penetrate the vast Chinese market.
Rwanda wants to ensure that Chinese consumers will buy Rwandan products and support different initiatives of Rwanda in agriculture and other sectors, Philip Lucky, head of investment department of Rwanda Development Board, told Xinhua on Monday.
The official made the remarks on the sidelines of 2019 China Brand Show (Rwanda) and Chongqing Export Commodities (Africa) Itinerant Exhibition in Kigali, capital city of Rwanda.
Rwanda also wants to create partnerships between Rwandan and Chinese companies so that Rwandan companies can be able to source good technologies from China and bring them into Rwanda, said Lucky.
Lucky added that the partnerships can also create opportunity for financing as some Rwandan companies are struggling to get necessary financing to support their initiatives and projects.
Moreover, as Rwanda needs more investors from China, the expo provides an opportunity for introducing investment opportunities available in Rwanda, he said.
The country’s trade and investment relations with China are growing very fast, and there is tremendous interest of Chinese companies to explore business opportunities in Rwanda, according to him.
It is the second time for Rwanda to participate in the expo.