Togo-China: Sandra Johnson and Wu Peng assess the state of the cooperation between their respective countries

Economic governance

Friday, 01 July 2022 10:15

Togo-China: Sandra Johnson and Wu Peng assess the state of the cooperation between their respective countries

(Togo First) - Sandra Ablamba Johnson, Minister and Secretary-General of the Togolese Presidency, met with Wu Peng, Secretary-General of the Chinese Committee in charge of Monitoring the Forum on China-Africa Cooperation (FOCAC), last Wednesday. On the occasion, the two officials talked about the implementation of several China-backed projects in Togo, among others.

These projects, which are in their preparation phase, are in the following areas: water, agriculture, and supporting investment.

Johnson and Peng also discussed the issue of security in West Africa. In this regard, the Chinese official relayed Beijing's commitment to helping Togo fight terrorism.

To bolster bilateral cooperation, the two countries committed to boosting their interaction, coordination, and mutual support to preserve their common interests. Similarly, they mentioned a joint celebration of the 50th anniversary of their cooperation.

Cooperation between China and Togo began in 1972. Since then, many projects have been carried out in the West African country, with the technical and financial support of the Asian giant. Some of these projects include the construction of a new Presidential Palace, Kegué’s stadium in Loé, the Palais des Congrès of Kara, the new headquarters of the National Assembly, and the road bypass of Lomé.

Trade between the two partners recently grew to nearly $3 million, according to Wu Peng, who is also the director-general of African Affairs at the Chinese Ministry of Foreign Affairs.

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REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.