Chinese Government provides RMB 30 million interest-free loan — via ETCA — for unspecified development projects (Linked to Record ID#40953)

¥30M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Syria
Country	Syrian Arab Republic
Start Date	Dec 02, 2002
End Date	Jan 02, 2031
Duration	10,258 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`40951`

Grant Description

Chinese Government provides RMB 30 million interest-free loan — via ETCA — for unspecified development projects On December 2, 2002, the Chinese Government and the Government of Syria signed an RMB 30 million loan agreement for unspecified purposes.

📋 Loan / Grant Terms

💰 Loan Amountcarried the carried the following terms: 0% interest rate

📅 Maturity20 years

⏳ Grace Period10 years

💹 Interest Rate0%

On the same day, the two governments signed an RMB 10 million grant agreement (captured in Record ID#40953).

📋 Staff Comments

It is very likely that this agreement was an Economic and Technical Cooperation Agreement (ETCA), so the project has been coded accordingly.

📚 Sources & References

中叙两国政府签署两项经济技术合作协定
China To Extend $3.6 Mln Loan to Syria. 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.