The purpose of this report is to identify the origin, procedures, participating institutions,operating mechanisms, impacts and shortcomings of the Forum on China-Africa Cooperation(FOCAC). Data for the report was gathered via literature reviews, in-person or telephone interviews, field research and lectures, collected between October 2010 and December 2010.Stakeholders from China and Africa were interviewed, including from ministries, banks corporations, and research institutions.
FOCAC was established in 2000 to create a platform for equal dialogue based on realistic and pragmatic principles between China and African countries. It has evolved to become a flexible yet strategic mechanism through which China and Africa can cooperate,however in many ways it lacks transparency and, despite growing and developing, needs to further develop in order to take full advantage of the changing world situation and the Africa-China relationship.
The development of FOCAC capitalised on a lengthy China-Africa relationship, which saw political support, financial aid and infrastructure assistance, even during times of economic hardship. After the 1990s, the relationship began to evolve in response to changing needs and an altered world situation, including the implementation of the United Nations’consolidation measures, redevelopment of China’s aid mechanisms and an increase of Chinese investment in and trade with Africa.
Full text :
http://awsassets.panda.org/downloads/the_forum_on_china_africa_cooperation_1.pdf
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