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Overview

Chinese Government pledges a RMB 200 million grant at the Madrid International Conference on Iraqi Reconstruction

Commitments (Constant USD, 2023)$54,367,722
Commitment Year•2003Country of Activity•IraqDirect Recipient Country of Incorporation•IraqSector•Emergency ResponseFlow Type•Grant

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 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

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Iraq

Loan desecription

Chinese Government pledges a RMB 200 million grant at the Madrid International Conference on Iraqi Reconstruction

Narrative

Full Description

Project narrative

On October 23, 2003, during the International Conference on Reconstruction in Iraq in Madrid, Spain, the Chinese Government pledged a RMB 200,000,000 grant ($24.2 million USD) to assist Iraq's immediate humanitarian needs and rebuilding efforts after the U.S.-led invasion and toppling of Saddam Hussein regime. The Chinese pledge was apart of the $33 billion USD in grants and loans that various governments and international institutions pledged for the reconstruction of the Iraq at the Madrid conference. By July 2004, the Iraqi government was complaining that states who made pledges were not paying, including China in these complaints of states who haven't met their pledge. Details on this pledge beyond the size, flow type, and date of pledging are unknown. However, a 2006 report from the Congressional Research Service states that China provided $25 million USD in monetary donations to the Coalition and U.N./World Bank Reconstruction Trust for the reconstruction and stabilization of post-war Iraq. The $25 million USD mentioned was a total figure for both future pledges and funds already disbursed, and represented a combination of grants and loans. Thus, it is unclear whether or not any of the RMB 200 million pledge made in 2003 was ever disbursed.