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China signs Economic and Technical Cooperation Agreement providing interest-free loan of RMB 60 million to Sudan (Linked to Record ID#57626)
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Government of Sudan |
| Country | Sudan |
| Start Date | Feb 21, 2011 |
| End Date | Jul 01, 2026 |
| Duration | 5,609 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 57630 |
Grant Description
China signs Economic and Technical Cooperation Agreement providing interest-free loan of RMB 60 million to Sudan On February 21, 2011, Chinese and Sudanese government officials signed an economic and technical cooperation agreement (ETCA), which included an interest-free loan. According to the report of Tecent Finance, the interest-free loan totals 60 million RMB.
The projects funded through the allocation of this grant are unknown.
On June 9, 2011, the business counselor Hao Hongshe and the Director General of the Financial Market Department of the Central Bank of Sudan Ye Haiya Osman signed the bank account processing rules on the two agreements.
The 60 million dollar agreement followed the 100 million dollar agreement, which was a gift from China for implemenattion of humanitarian aid projects in Darfur states as well reconstruction in eastern Sudan and projects of economic and technical cooperation between the two countries. The agreement also included a grant of RMB 100 million (#57626).
Sources & References
- 中苏签订两个经济技术合作协定的银行帐务处理细则
- 中国和苏丹签订经济技术合作协定
- Sudan
- China sign two agreements at 160 million Chinese Yuan for boosting economic cooperation, humanitarian assistance 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 Sudan
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