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Overview

Chinese Government provides RMB 50 million interest-free loan for agricultural machinery and computer equipment

Commitments (Constant USD, 2023)$12,708,441
Commitment Year•2004Country of Activity•UzbekistanDirect Recipient Country of Incorporation•UzbekistanSector•Agriculture, Forestry, FishingFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
May 1, 2004

Stakeholders

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

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Uzbekistan

Loan description

Chinese Government provides RMB 50 million interest-free loan for agricultural machinery and computer equipment

Interest rate (t₀)•0%Interest type•Fixed Interest Rate

Narrative

Full Description

Project narrative

In May 2004, the Chinese Government and the Government of Uzbekistan signed a RMB 50 million interest-free loan agreement for the provision of agricultural machinery and computer equipment. The agreement was signed by Uzbekistan's Foreign Minister, Sodiq Safoyev, and China's Ambassador to Uzbekistan, Gao Yusheng.