Chinese Government provides $4 million grant — via a December 2002 ETCA — for multiple projects (Linked to Record ID#40400, #86280, and #85384)

On December 31, 2002, the Chinese Government and the Government of Mongolia signed an Economic and Technical Cooperation Agreement (ETCA), which committed $4 million for multiple projects.

Wang Fukang, charge d'affaires of the Chinese Embassy in Mongolia, and Mongolia's Foreign Minister Luvsangiin Erdenechuluun signed the agreement.

Then, on March 5, 2003, the Government of Mongolia issued a resolution that stated that the grant proceeds from the ETCA would be allocated to following projects/activities: (1) $2 million for Mongolian National Chamber of Commerce and Industry Building Construction Project (captured by linked Record ID#40400); (2) $1.5 million for the development of an “Altanbulag” free trade zone master plan and feasibility study as well as Phase 1 “Altanbulag” free trade zone construction activities (captured by linked Record ID#86280); and (3) $500,000 of the grant proceeds from the ETCA would be earmarked for the Wholesale Network Project (“Бөөний худалдааны сүлжээ” хөтөлбөрийг) (captured by linked Record ID#85384).