[IMF to support Zanzibar's blue economy]The Zanzibar Ministry of Blue Economy stated that the Zanzibar government will continue to vigorously develop the blue economy, and the International Monetary Fund has approved US$567 million for Tanzania through the Post-COVID-19 Recovery Fund, of which about US$100 million will flow to Zanzibar , including about $16 million to be spent on blue economy sectors such as small-scale fisheries, sea cucumber and seaweed farming, and mud crab fattening. At the same time, relevant departments of Zanzibar will carry out in-depth research on the blue economy value chain, protect biodiversity to support Zanzibar's development of the blue economy. Editor/Xing Wentao
At the invitation of the President of the People's Republic of China, Myanmar President Myint Aung Hlaing will pay a state visit to the People's Republic of China from June 15 to 19, 2026. The statement states that both sides agree to continue to leverage the role of the China Myanmar oil and gas pipeline, steadily promote power interconnection, and explore the construction of an economically and environmentally sustainable energy partnership. Both sides agree to implement a direct settlement mechanism between RMB and Burmese kyat to promote trade, and support strengthening trade and investment cooperation in areas of common interest such as agricultural product processing, oil, and energy.Editor/Gong Ziwei
Abu Dhabi has introduced an energy development plan, with an annual increase of no less than 3 million kilowatts of photovoltaic installed capacity. The focus is on promoting cooperation in areas such as fast charging, energy storage, and energy AI, with the hope of completing technology transfer and strengthening local industries through cooperation. The installed capacity of renewable energy in the United Arab Emirates currently exceeds 7.7GW, and the total amount of projects under construction will exceed 23GW after completion in 2031. China Power Construction has signed the world's first all-weather power supply and solar energy storage project in the local area. Chinese enterprises have outstanding advantages in technology, production capacity, cost and other aspects, which can complement the UAE's capital and market resources. The space for new energy cooperation between the two sides is vast.Editor/Gong Ziwei