Liberia and China have renewed their historic maritime partnership agreement, in a move that strengthens ties between the two countries.
The agreement, signed by Neto Zarzar Lighe Sr, Commissioner of the Liberia Maritime Authority, and Li Xiaopeng, Minister of Transport of the People’s Republic of China, aims to foster strong relations between the two governments and provide significant economic benefits to vessels registered under the Liberian flag.
Under the renewed agreement, Liberian-flag vessels will enjoy a preferential rate for tonnage dues when visiting any port in China. This exclusive advantage places Liberia in a distinctly advantageous position compared to other flag states that lack diplomatic relations with the People’s Republic of China.
“We are pleased to reaffirm this vital agreement with the People’s Republic of China,” Commissioner Lighe said.
“This partnership not only provides significant economic advantage to our fleet but also strengthens Liberia’s position as the preferred flag for international shipping.”
The agreement also offers operational benefits for Liberian-flagged vessels, including expedited customs procedures and simplified port formalities in Chinese ports.
Chinese authorities have committed to taking all appropriate measures to avoid unnecessary delays, enhancing the efficiency and reliability of Liberian vessel operations.
This renewed maritime partnership is a testament to the strong diplomatic ties between Liberia and China, and it is expected to have a significant impact on the global shipping industry. Liberian-flagged vessels will now enjoy a competitive edge, solidifying the country’s position as a leading maritime power.
