MONROVIA, LIBERIA-Liberia and France are set to ratify the decade-old Bilateral Investment Treaty in the coming days.
The treaty, when ratified, is expected to meet present-day realities and further strengthen diplomatic and economic ties between the two nations.
French Ambassador to Liberia, Isabelle Le Guellec, disclosed in Paris, France, on Wednesday, October 29, 2025, on the sidelines of President Boakai’s visit to that country.
Ambassador Le Guellec told ELBC Reporter that the treaty, first signed in the 1970s, is crucial to raising the standards for investment protection, investor-state dispute resolution, and environmental and social governance.
She said,” The ratification of the treaty aligns with the Government of Liberia’s broader foreign policy vision of transitioning the country’s international relations from traditional aid dependency to partnerships.
The ratification of an updated investment treaty is expected to further de-risk the investment market and encourage greater participation from the French Private Sector, cementing France’s role as a vital economic partner for Liberia.
Meanwhile, President Joseph Boakai and his entourage have arrived in Paris, France, as part of a four-day state visit.
The visit, among other critical issues, aims at enhancing Liberia’s bilateral relations with France and promoting cooperation in key areas, including trade, investment, education, and infrastructure.
As part of the visit, President Boakai is expected to hold key bilateral meetings with his French Counterpart, Emmanuel Macron, and engage members of the French Legislature to discuss enhanced parliamentary collaboration between the two nations.
On the sidelines of the four-day visit, the President and delegation will also hold a strategic high-level meeting with executives of ArcelorMittal, focusing on strengthening partnerships that support Liberia’s economic growth and job creation.
In another development, President Boakai has made additional changes and appointments affecting the Ministries of State for Presidential Affairs and Mines and Energy, among others.
In an Executive Mansion release, President Boakai also dissolved the Boards of Directors of the William V. S. Tubman University, Central Agricultural Research Institute, and Booker Washington Institute pending restructuring.
Those appointed include Mack Mulbah and Varfin Donzo as Head of Presidential Delivery Unit, and Assistant Minister without Portfolio at the Ministry of State.
The President also nominated former Montserrado County District-17 Lawmaker, Hanson Kiazolu, as Director General of the National Bureau of Concession, among others.
By: Anthony Williams/Vasta Tarlue