President Mobutu Sese Seko of Zaire, announced at a public rally in Kinshasa that he had returned from The People's Republic of China with a 100 million U.
President Mobutu Sese Seko of Zaire, announced at a public rally in Kinshasa that he had returned from The People's Republic of China with a 100 million U.S. dollar loan (42 million pounds sterling). The loan, interest-free and repayable over twenty years, was promised during a recent ten-day visit to China by President Mobutu.
The rally in a Kinshasa stadium was the President's official welcome home from the trip which also included five days of talks in India. Chinese officials, including Ambassador Kunk Ta Fei, were among the crowd at the stadium.
The President told the thousands gathered to hear him that doctors from The People's Republic would soon staff a hospital in Zaire.
SYNOPSIS: Thousands gathered in a Kinshasa stadium recently to hear President Mobutu Sese Seko of Zaire announce a big interest-free loan from The People's Republic of China. The President had returned from a ???0-day official visit to China. The new Chinese ambassador to Zaire came to the stadium to hear the President make his announcement.
President Mobutu was given an enthusiastic greeting as he arrived at the stadium for the welcome home. He told his people that China had offered a 42-million pound loan. It is interest-free and repayable over 20 years. A team of doctors from China will soon staff one of Zaire's hospitals.
Peking has already sent a group of agricultural experts who will begin work soon. They are in Kinshasa at present.
The President greeted dignitaries attending the rally before speaking to the crowds in the stadium. He reported on all aspects of his fifteen-day foreign visit which included five days in India.
President Mobutu thanked the Chinese for the loan and criticised western nations for the conditions attached to their loans for developing countries.