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Active Development AidData Chinese Aid

China donates $1.2 million to Peruvian government to develop Peru-Ecuador border region

$1.2M USD

Funder China Ministry of Foreign Trade and Economic Cooperation
Recipient Organization Peru
Country Peru
Start Date Jan 17, 2003
End Date Jun 05, 2028
Duration 9,271 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 35836
Grant Description

On January 17, 2003, Visiting Chinese Minister of Foreign Trade and Economic Cooperation Shi Guangsheng handed over to the Peruvian government a fund of 1.2 million US dollars for the development of the Peru-Ecuador border region. Shi said the donation showed the friendship between China and Peru. It would promote bilateral cooperation and contribute to international security.

Peruvian Foreign Minister Allan Wagner Tizon thanked China for the assistance noted the fund would be channeled into 2 major projects, one of which was the building and management of a clinic in the Peru-Ecuador border area, the other was research on the accessibility of rivers in the Amazon Basin to smaller boats so as to promote trade and local small-scale fishing.

Both programmes are linked to the peace agreement signed in 1998 by Peru and Ecuador following a border conflict.

📋 Staff Comments

Although this money is split between the two projects, they are counted together here because the amount destined for each is unspecified.Funding potentially comes from Economic and Technical Cooperation Agreement (ETCA) signed April 15, 2002, also for 10 million RMB (about 1.2 million USD in 2002), captured in project #73147. The ETCA signed on the same day (January 17, 2003) was used to fund separate projects and is therefore not a viable funding mechanism.

📚 Sources & References
  • China/Perú-China otorga a Perú más de un millón de dólares en ayuda económica
  • China dona a Perú
  • China donates 1.2m US dollars to develop Peru-Ecuador border region Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees

Peru

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