Chinese government grants 50 million yuan and material aid to North Korea

¥50M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of North Korea
Country	Democratic People's Republic of Korea
Start Date	Apr 15, 2002
End Date	Jul 20, 2029
Duration	9,958 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`41394`

Grant Description

On April 15, 2002, the Chinese government provided 50 million yuan in grants-in-aid to North Korea on the occasion of the 90th anniversary of the birth of the late North Korean leader Kim Il Sung.

China's official Xinhua News Agency also said that Beijing would provide material aid to Pyongyang to "express the Chinese government and people's goodwill" to the North and to "further the traditional friendship and cooperation between the two countries."

📚 Sources & References

China to offer $6 mil. to N. Korea in grant-in-aid.
China to Offer $6 Mil. Grant Aid to DPRK
Chinese government offers grant aid to DPRK
China will provide 6 million dollars in material aid to North Korea
在金日成诞辰90周年之际中国援助朝鲜一批物资 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.