BELARUS NEWS AND ANALYSIS

DATE:

24/03/2010

China to grant Belarus a credit on easy terms worth one billion dollars

MINSK, March 24 (Itar-Tass) - China has made a decision to grant Belarus a credit on easy terms worth one billion dollars, China's Vice President Xi Jinping said at talks with Belarussian President Alexander Lukashenko in an expanded format.

"China has made a decision to grant a preferential credit of one billion dollars that will be used for coordinated cooperation projects," he said. According to the top Chinese official, the two countries must drastically increase the level of business cooperation.

He also said that the Chinese government had decided to offer Belarus non-repayable aid worth an equivalent of about 8.8 million U.S. dollars.

Source:

http://www.itar-tass.com/eng/level2.html?NewsID=14952247&PageNum=0


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