Skip to content
AidData logo

Overview

China donates $1.2 million to Peruvian government to develop Peru-Ecuador border region

Commitments (Constant USD, 2023)$2,700,042
Commitment Year•2003Country of Activity•PeruSector•Other MultisectorFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 17, 2003

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Foreign Trade and Economic Cooperation

Implementing agencies

Government Agencies

  • Government of Peru

Loan description

China donates $1.2 million to Peruvian government to develop Peru-Ecuador border region

Narrative

Full Description

Project narrative

On January 17, 2003, Visiting Chinese Minister of Foreign Trade and Economic Cooperation Shi Guangsheng handed over to the Peruvian government a fund of 1.2 million US dollars for the development of the Peru-Ecuador border region. Shi said the donation showed the friendship between China and Peru. It would promote bilateral cooperation and contribute to international security. Peruvian Foreign Minister Allan Wagner Tizon thanked China for the assistance noted the fund would be channeled into 2 major projects, one of which was the building and management of a clinic in the Peru-Ecuador border area, the other was research on the accessibility of rivers in the Amazon Basin to smaller boats so as to promote trade and local small-scale fishing. Both programmes are linked to the peace agreement signed in 1998 by Peru and Ecuador following a border conflict.

Staff comments

Although this money is split between the two projects, they are counted together here because the amount destined for each is unspecified. Funding potentially comes from Economic and Technical Cooperation Agreement (ETCA) signed April 15, 2002, also for 10 million RMB (about 1.2 million USD in 2002), captured in Record ID#73147. The ETCA signed on the same day (January 17, 2003) was used to fund separate projects and is therefore not a viable funding mechanism.