China pledges $45 million in debt relief and/or ETCA to Laos

Funder	China (People's Republic of)
Recipient Organization	Lao People's Democratic Republic
Country	Lao People's Democratic Republic
Start Date	Jul 08, 2006
End Date	Mar 23, 2027
Duration	7,563 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`38800`

Grant Description

In 2006, China offered Laos $45 million through economic and technical cooperation agreement(s) and/or debt forgiveness ("China’s “Soft Power” in Southeast Asia", pdf p.10).

It is unclear whether the debt forgiveness was part of an economic and technical cooperation agreement that was signed in 2006, or whether an ETCA was eventually signed as part of these talks. 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.