December 19, 2024
KCNA Pyongyang Times

American ‘aid’ and ‘investment’ are only the bait for interference in other’s internal affairs

Date: 23/07/2022 | Source: Pyongyang Times | Read original version at source

At the recent G7 Summit, the US president Biden said that the US would invest US$ 200 billion in the next five years to help build the infrastructure of developing countries including African countries.

This shows that the US is offering “aid” and “investment” again as the bait to interfere in the internal affairs of these countries with little effort by taking advantage of the current serious economic crisis in Africa.

It is a well-known fact that the US historically abused its “aid” and “investment” as a means of political domination and interference in the internal affairs of developing countries including African countries.

This has been substantiated by the cut-off of its aid to the power generation sector of Tanzania in March 2016 over an alleged “opacity” of local election in this country and the suspension of the agreed program to invest in the communications field of Ethiopia in May 2021 over its “human rights issue”.

When he announced the investment program this time, Biden stressed again that these countries would get tangible benefits only when they work together with a “democratic state”.

This, in a word, means that only the country standing on side of the US can receive an “investment”.

Even the Western experts criticize the US for pursuing its sinister political purposes by offering the carrots of “aid” and “investment” in order to increase the US influence and achieve its foreign policy on the relevant country and region.

The change of century and generation took place. But what does not change is the sinister intention of the US which uses “aid” and “investment” as the bait to put other countries under a yoke. If anything changed, it is the US trick that has become craftier.

Such American deceptive method does not work anywhere today.

Now, heads of state and political figures of many countries in the region unanimously emphasize that, instead of harboring any false hope on the US “aid” and “investment”, they should resolve the African issues in their own way and that, to this end, they should give precedence to the efforts for building up their own strength.

Following the start of the operation of the African Continental Free Trade Area, notable successes have been achieved in the work for independent development of the continent, including active socio-economic contacts and cooperation between countries through sub-regional organizations.

We will actively support and encourage African countries in their efforts to achieve independent development and prosperity with the united strength of the continent.

More From Pyongyang Times

Ryesonggang Sports Club turns into comprehensive sports base

Ryesonggang Sports Club turns into comprehensive sports base

The base of the Ryesonggang Sports Club has been renovated. It has training halls equipped with various sports facilities and

December 19, 2024

The base of the Ryesonggang Sports Club has been renovated. It has training halls equipped with various sports facilities and

Iranian FM decries human rights abuses by US, UK

Iranian FM decries human rights abuses by US, UK

The Iranian Foreign Ministry on December 14 issued a report to disclose and condemn the human rights abuses by the US and the UK.

December 19, 2024

The Iranian Foreign Ministry on December 14 issued a report to disclose and condemn the human rights abuses by the US and the UK.

All people remember Chairman Kim Jong Il with profound reverence

All people remember Chairman Kim Jong Il with profound reverence

All the people in the DPRK most reverently honoured the memory of Chairman Kim Jong Il, the great man who is a peerless patriot

December 19, 2024

All the people in the DPRK most reverently honoured the memory of Chairman Kim Jong Il, the great man who is a peerless patriot

Mother of two hero sons

Mother of two hero sons

If one of a mother’s children becomes a hero, the mother will be proud before society. But Choe Ok Ae, a woman living in

December 19, 2024

If one of a mother’s children becomes a hero, the mother will be proud before society. But Choe Ok Ae, a woman living in

Japanese plunder of Korea’s underground resources

Japanese plunder of Korea’s underground resources

Recorded in the Japanese imperialists’ history of aggression against Korea are the crimes of plundering Korea of its resources by

December 19, 2024

Recorded in the Japanese imperialists’ history of aggression against Korea are the crimes of plundering Korea of its resources by

Yew in Mt Oga, living monument

Yew in Mt Oga, living monument

There is a natural primeval forest in the Ogasan Nature Reserve and there grows a yew in Mt Oga, which can be claimed to be the

December 19, 2024

There is a natural primeval forest in the Ogasan Nature Reserve and there grows a yew in Mt Oga, which can be claimed to be the

Animals multiply at Central Zoo

Animals multiply at Central Zoo

More than 150 species of animals have brought forth over 1 000 younglings this year at the Central Zoo, a base for cultural and

December 18, 2024

More than 150 species of animals have brought forth over 1 000 younglings this year at the Central Zoo, a base for cultural and

Respected Comrade Kim Jong Un visits Kumsusan Palace of Sun

Respected Comrade Kim Jong Un visits Kumsusan Palace of Sun

All the people across the DPRK are most reverently honouring the memory of Chairman Kim Jong Il, missing him more greatly with the

December 18, 2024

All the people across the DPRK are most reverently honouring the memory of Chairman Kim Jong Il, missing him more greatly with the

2024 forecasted to be hottest year

2024 forecasted to be hottest year

The Copernican climate change service, the meteorological information agency of the European Union, has recently reported that

December 18, 2024

The Copernican climate change service, the meteorological information agency of the European Union, has recently reported that

Let's go to Mt Paektu

Let's go to Mt Paektu

Study tour groups are streaming to Mt Paektu where the Korean revolution started. President Kim Il Sung led the arduous and fierce

December 18, 2024

Study tour groups are streaming to Mt Paektu where the Korean revolution started. President Kim Il Sung led the arduous and fierce

First-ever exhibition of the measuring sector held

First-ever exhibition of the measuring sector held

Shortly ago, the national exhibition of sci-tech achievements in the measuring sector-2024 took place at the Sci-Tech Complex in

December 18, 2024

Shortly ago, the national exhibition of sci-tech achievements in the measuring sector-2024 took place at the Sci-Tech Complex in

More Articles