Chinese Government provides RMB 40 million interest-free loan — via ETCA — for unspecified projects

¥40M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Republic of Congo
Country	Congo
Start Date	Mar 20, 2000
End Date	Oct 31, 2028
Duration	10,452 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72860`

Grant Description

Chinese Government provides RMB 40 million interest-free loan — via ETCA — for unspecified projects On March 20, 2000, the Chinese Government and the Government of the Republic of Congo signed an Economic and Technical Cooperation Agreement (ETCA), which committed an RMB 40 million loan for an unspecified set of development projects (to be later agreed upon by the two parties).

📋 Loan / Grant Terms

💰 Loan Amountcarried the following terms: a 20-year maturity

📅 Maturity20 years

⏳ Grace Period10 years

💹 Interest Rate0%

It was scheduled for annual repayments between June 1, 2010 and May 31, 2020.

📚 Sources & References

中华人民共和国政府向刚果共和国政府提供贷款的协定 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.