Chinese Government provides RMB 20 million interest-free loan — through ETCA—for Container Inspection Equipment Project

Project narrative

On July 1, 2002, China’s Ministry of Commerce and the Government of Mauritius signed an Economic and Technical Cooperation Agreement (ETCA). Under the terms of this agreement, the Chinese Government agreed to provide an RMB 20 million loan to the Government of Mauritius for the Container Inspection Equipment Project. The loan carried a 0% interest rate, a 20 year maturity, and a 10 year grace period. Premier Zhu Rongji and Mauritian Prime Minister Anerood Jugnauth signed the agreement on behalf of their respective governments. This project involved the provision of container inspection equipment to the customs authorities in Mauritius for use at an airport and seaport. This project was officially completed and handed over the local authorities in April 2006.