VICTORIA, Mar 29 — Seychelles will receive a grant of 100 million renminbi, equivalent to roughly 220 million Seychelles rupees, from China to support priority development projects, officials confirmed during a visit by Chinese Vice President Han Zheng.
The funding comes as both countries move toward implementing a preferential trade framework under China’s zero-tariff policy for African nations. An Early Harvest Arrangement, expected to take effect on May 1, 2026, will allow selected Seychelles exports faster access to Chinese markets, enhancing bilateral trade opportunities.
During discussions at State House, President Patrick Herminie reaffirmed the country’s commitment to the One China policy and emphasized Seychelles’ respect for sovereignty and non-interference. He highlighted the tangible results of Chinese-supported initiatives across housing, healthcare, education, infrastructure, and maritime security, calling China “one of Seychelles’ most valued development partners.”
Vice President Han observed that China-funded projects had “delivered concrete benefits to the Seychellois people” and praised the government’s focus on inclusive development, noting that President Herminie’s approach of “for the many, not the few” aligns with China’s own development philosophy. He reiterated China’s support for Seychelles’ national priorities and expressed confidence in the country’s governance.
Officials also addressed tourism and cultural exchanges, noting the potential to increase Chinese visitor arrivals and strengthen people-to-people connections. Following the State House meeting, Vice President Han and Vice President Sebastien Pillay convened a ministerial session to discuss sector-level cooperation and the practical steps for implementing trade arrangements under the zero-tariff framework.
