China grants 15 million RMB to Azerbaijan for construction projects and economic assistance

¥15M RMB

Funder	China Ministry of Commerce
Recipient Organization	Azerbaijan
Country	Azerbaijan
Start Date	Mar 17, 2005
End Date	Feb 22, 2030
Duration	9,108 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`41383`

Grant Description

On March 17-18, 2005, the Azerbaijani visited China and signed a memorandum on technical assistance between the Chinese Ministry of Foreign Affairs and Azerbaijans Foreign Ministry.

As part of this ETCA, China agreed to provide 15,000,000 yuan to Azerbaijan. 10 million of this is for construction projects, and the other 5 million is for general economic assistance.

According to a MOFCOM source from 2008, the aid has not yet been implemented, and the status of the grants remains unknown.

📋 Staff Comments

One of the sources below states that the grant is worth 150,000,000 yuan, but also states that it is worth US$1.8Mn, which would only be 15 million yuan. As such, this 150 million yuan figure is regarded as a typo.

📚 Sources & References

CHINA TO RENDER FREE TECHNICAL AID OF $9 MILLION TO AZERBAIJAN
N E W S L E T T E R Embassy of the Republic of Azerbaijan
一、中阿经贸关系发展概况 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.