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Completed Mixed AidData Chinese Aid

China Eximbank provides $150 million buyer's credit loan for the acquisition of 1 million Chinese televisions (Linked to Record ID#54625)

$150M USD

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Government of Cuba
Country Cuba
Start Date Jan 01, 2001
End Date Nov 25, 2026
Duration 9,459 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 54627
Grant Description

China Eximbank provides $150 million buyer's credit loan for the acquisition of 1 million Chinese televisions In 2001, China Eximbank provided a $150 million buyer's credit loan to the Government Cuba to facilitate the acquisition of 1 million Chinese televisions.

📋 Loan / Grant Terms
💰 Loan Amountare unknown

This is part of the larger, $400 million loan (recorded via Umbrella Record ID#54625).

Media reports indicate that these TVs were sold in stores to individuals as well as installed in public places like schools.

📋 Staff Comments

1. The Chinese project title is 中国进出口银行关于熊猫集团出口古巴彩电项目买方信贷协议

📚 Sources & References
  • Suscritos amplios convenios de colaboración entre Cuba y China
  • China to lend Cuba $400m
  • Cuba and China: Lessons and Opportunities for the United States
  • CUBA-CHINA: Cooperación y comercio en aumento
  • TRADE: Cuba to Buy More than One Million TVs from China
  • China
  • Cuba Sign Series of Cooperative Documents
  • 中国/古巴关系大事记
  • CUBA-CHINA: Un panda por familia
  • Sino-Cuban relations 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

Government of Cuba

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