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| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Lebanese Council for Development and Reconstruction (CDR) |
| Country | Lebanon |
| Start Date | Jun 25, 2005 |
| End Date | Sep 16, 2030 |
| Duration | 9,214 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 65404 |
On June 25, 2005, the Chinese Government and the Lebanese Council for Development and Reconstruction (CDR) signed an Economic and Technical Cooperation Agreement (ETCA), in which the Chinese Government committed RMB 20 million ($2.53 million USD) in grant funding to CDR for unspecified purposes.
The ETCA stipulated that the grant would be allocated at a later date for projects to be mutually agreed upon by the two governments and that it would be disbursed through a bank account established between the Bank of China (BOC) and the Banque du Liban (Lebanon’s central bank). The Council of Ministers of Lebanon approved this grant agreement via Decision No.47 on November 9, 2006.
According to a Donor Coordination and External Assistance Briefing Note published by Lebanon’s Ministry of Finance, the grant proceeds were to be used to provide in-kind assistance (specifically, the provision of unspecified "equipment"). According to CDR, this project has been completed.
Lebanese Council for Development and Reconstruction (CDR)
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