On November 15th, ECEM which invested by China Energy Conservation and Environmental Protection Group held a signing ceremony of the mining agreement for the Augaro gold mining area with Ministry of Energy and Mines of Eritrea. Zhang Zicheng, General Manager of ECEM signed this agreement with Mr. Alem Kibreab, Acting Minister of Energy and Mines. Ambassador Li Xiang was invited to attend the signing ceremony and delivered a speech. Lai Chunsheng, Counselor in charge of economic and commercial affairs of the Embassy, Mr. Berhane Habtemariam, General Manager of National Mining Corporation and relevant officials witnessed this ceremony.

Ambassador Li Xiang congratulated the two sides on the signing of the agreement, and stressed that deepening the cooperation between China and Eritrea in the mining field is a concrete manifestation of implementing the consensus reached by the two heads of state and the "Ten Partnership Actions" proposed at the FOCAC Summit. He said that this project is a successful example of a Chinese enterprise’s cultivation in Eritrea, and it is hoped that China and Eritrea will work together to write a new chapter in mining cooperation. 

Mr. Alem said that Eritrea is rich in mineral resources, and this project is an opportunity to further tap the new potential of China-Eritrea cooperation in the mining field.