China signs Economic and Technical Cooperation Agreement granting $6 million USD to Zambia in November 2003 for development projects and debt relief (Linked to #69231)
Constant 2017 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
This project is classified as an "umbrella" project, and is connected to related projects.
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Unallocated/unspecified (Code: 998)
On November 6, 2003 during a Zambian Presidential visit to China, government officials signed an Economic and Technical Cooperation Agreement (ETCA) in which China granted $6 million USD to Zambia. According to a working paper from the African Economic Research Consortium (source ID 112042 p. 20), $2 million USD was used to service the Government of Zambia's debts to China National Aero-Technology Import and Export Corporation (see project #69231 for details). The remaining $4 million USD was earmarked for unspecified development projects to be undertaken in Zambia.
One source identifies November 7, 2003 rather than November 6, 2003 as the day when the ETCA was signed. Moreover, ETCAs are typically denominated in RMB but the USD amount is all that is available.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Zambia [Government Agency]