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Chinese Government provides RMB 5 million grant for provision of 12 Chinese-made Audi cars (Linked to Record ID#41345)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Azerbaijan Ministry of Economic Development |
| Country | Azerbaijan |
| Start Date | Jan 01, 2002 |
| End Date | Dec 21, 2028 |
| Duration | 9,851 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 41344 |
Grant Description
On October 23, 2004, the Minister of Foreign Affairs of China, Li Zhaoxing, and the Minister of Economic Development of Azerbaijan, Farhad Aliyev, signed an agreement of technical and economic cooperation in Baku.
The first grant, which equaled 5 mn Yuan ($600,000) is intended for procurement of motor vehicles for the Ministry of Economic Development of Azerbaijan.
According to the Chinese Ministry of Commerce, the 5 million yuan was specifically for 12 Chinese-made Audi cars, which has been completed. China Ministry of Commerce, however, reported that the cars were provided in 2002. Due to this, the project commitment year follows the official Chinese source and is set to 2002.
Under the same ETCA, the Chinese will release a grant in the amount of 10 mn Yuan ($1.2 million) for the purpose of promotion of business enterprising in Azerbaijan (Record ID#41345).
Sources & References
- CHINA TO GRANT AZERBAIJAN WITH $1.2M
- CHINA GAVE AZERBAIJAN THE SECOND GRANT
- 一、中阿经贸关系发展概况
- People's Republic of China (In Azerbaijan) 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
Azerbaijan Ministry of Economic Development
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