Chinese Government provides RMB 150 million grant for mineral exploration (Linked to Project ID#36135)

According to All Africa, on December 21, 2014, Chinese government signed an agreement granting 150 million RMB to Sudan. The agreement was signed at the Ministry of Finance and National Economy. Badr Eddin Mahmoud, the Minister of Finance and National Economy, said the agreement reflects the firm relations linking Sudan and China, and stands as model to be copied for the South-South Cooperation. The minister explained that the coming period would focus on minerals, mainly oil and gold, exploration, inviting China to further increase its investment in these fields in the Sudan. In addition, as part of the agreement, 100 million RMB interest-free loan was sent to Sudan (captured in #36135). The Chinese ambassador to Khartoum, Li Lian He, affirmed his country's resolve to exert utmost efforts to support Sudan economically and internationally.

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