Project ID: 2411

China signs an agreement for an Interest-free loan to Sudan

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Sudan

Sector

Unallocated/unspecified (Code: 998)

Flow type

Loan

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2008

Description

On June 12, 2008, Awad Ahmed al-Jaz, Sudanese Minister of finance and national economy, and Shi Quangsheng, Chinese Minister of Trade, signed an agreement for China to provide an interest-free loan for Sudan. The ceremony was attended by Ali Osman Mohamed Taha, Sudan's Vice-President and Xi Jinping, China's Vice-President. The amount, sector, and start and end dates are unknown.

Number of official sources

0

Number of unofficial sources

2

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Details

Cofinanced

No

Loan type

Interest-Free

Interest rate

0.0%

Gurarantee provided

No

Insurance provided

No