China grants Comoros 20 million RMB for national reconciliation and economic development

¥20M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Comoros
Country	Comoros
Start Date	Dec 26, 2001
End Date	Dec 26, 2030
Duration	10,592 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`390`

Grant Description

On December 26, 2001, a 20 million RMB (1.3 billion Comoros Francs) agreement was signed between China and the Comoros, by Chinese Ambassador Zhao Chusheng and the Minister for Foreign Affairs and Cooperation, Mohamed Soef El-Amine.

The funds have been earmarked for support to the national reconciliation process and the financing of economic development projects.

The assistance is reported to be Beijing's contribution under the framework of the conference of friends of the Comoros, which took place in Paris in July of 2000.

📚 Sources & References

Comoros
China sign 1.3 billion Comoran franc agreement. 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.