China and Bangladesh Sign Annual 300 million RMB Agreement on Economic and Technical Cooperation

Funder	China (People's Republic of)
Recipient Organization	Bangladesh
Country	Bangladesh
Start Date	Jan 13, 2013
End Date	May 29, 2027
Duration	5,249 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`53578`

Grant Description

On June 9, 2013, China provided Bangladesh with 300 million RMB (approximately USD 25 million) as an annual grant under their "Agreement on Economic and Technical Cooperation." According to a report from the Economic Research Division, the actual allocation was equivalent to 50 million USD. 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.