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China Agrees to 20 million RMB Grant With Tonga through an Economic and Technical Cooperation agreement
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of the Kingdom of Tonga |
| Country | Tonga |
| Start Date | Mar 04, 2011 |
| End Date | Sep 23, 2029 |
| Duration | 6,778 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 37729 |
Grant Description
On March 4, 2011, the Tonga and China governments signed a new agreement for China to provide Tonga with a 20 million RMB grant. Under the ETCA, the aid funds may be used for projects that are yet to be agreed upon by both governments.
The prime minister, Lord Tu'ivakano, and the ambassador of the People's Republic of China to Tonga, HE Mr Wang Donghua, signed the agreement of economic and technical cooperation on behalf of their respective governments.
A statement from the Ministry of Foreign Affairs said that Tonga's Ministry of Finance and National Planning and the China Development Bank would handle the disbursement procedures.
Staff Comments
AidData has coded the funding agency as MOFCOM as it is the sole administrator of China’s ETCAs. The sources reflect the fact that MOFCOM disbursed the loan through a bank account that the borrower established with China Development Bank.
Sources & References
- Agreement signed for Chinese aid to Tonga
- 中汤签订经济技术合作协定
- China grants TOP$5.6 million in aid for Tonga
- China grants TOP$5.6 million in aid for Tonga 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
Government of the Kingdom of Tonga
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