Chinese Government cancels RMB 180 million of the Government of Cote d'Ivoire’s outstanding obligations
Constant 2017 USD
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Action relating to debt (Code: 600)
On 14 May 2007, the Chinese Government cancelled RMB 180 million of the Government of Cote d'Ivoire’s outstanding debt obligations. The obligations resulted from unspecified interest-free loans. These debts reportedly represented 40% of the Government of Cote d'Ivoire’s total outstanding debt obligations to the Chinese Government.During the same meeting, officials also signed a EUR 10 million grant agreement (#13025) and EUR 1 million interest-free loan agreement (#709).
This project has not been marked as umbrella since the loans that were canceled were almost certainly contracted in the 1990s and there is a minimal risk of double-counting.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Côte d'Ivoire (Ivory Coast) [Government Agency]