China and Micronesia sign Economic and Technical Cooperation Agreement worth 30 million RMB

¥30M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Trust Fund of the Federal States of Micronesia
Country	Micronesia
Start Date	Aug 31, 2005
End Date	Oct 11, 2028
Duration	8,442 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`42024`

Grant Description

On 31 August 2005, Chinese and Micronesian government officials signed an economic and technical cooperation agreement (ETCA) worth 30 million RMB (roughly $3.75 million in 2005 USD) for unspecified purposes. According to a 2011 report from the Lowy Institute, this ETCA was a grant. The sub-projects are unknown.

📚 Sources & References

FSM & China Sign Agreement on Economic and Technical Cooperation, 14th FSM Congress Resolutions
Partial Timeline of China - to - FSM Aid and Development Projects , 2000 - 2011
China In the Pacific: The New Banker in Town
China in the Pacific: The New Banker in Town 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.