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Overview

Chinese Government provides RMB 5 million grant for provision of 12 Chinese-made Audi cars (Linked to Record ID#41345)

Commitments (Constant USD, 2023)$1,394,575
Commitment Year•2002Country of Activity•AzerbaijanDirect Recipient Country of Incorporation•AzerbaijanSector•Government And Civil SocietyFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2002

Geospatial footprint

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On October 23, 2004, the Minister of Foreign Affairs of China, Li Zhaoxing, and the Minister of Economic Development of Azerbaijan, Farhad Aliyev, signed an agreement of technical and economic cooperation in Baku. The first grant, which equaled 5 mn Yuan ($600,000) is intended for procurement of motor vehicles for the Ministry of Economic Development of Azerbaijan. For more detailed location information: https://www.openstreetmap.org/relation/2415335

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 Commerce

Receiving agencies

Government Agencies

  • Azerbaijan Ministry of Economic Development

Implementing agencies

Government Agencies

  • Azerbaijan Ministry of Economic Development

Loan description

Chinese Government provides RMB 5 million grant for provision of 12 Chinese-made Audi cars (Linked to Record ID#41345)

Narrative

Full Description

Project narrative

On October 23, 2004, the Minister of Foreign Affairs of China, Li Zhaoxing, and the Minister of Economic Development of Azerbaijan, Farhad Aliyev, signed an agreement of technical and economic cooperation in Baku. The first grant, which equaled 5 mn Yuan ($600,000) is intended for procurement of motor vehicles for the Ministry of Economic Development of Azerbaijan. According to the Chinese Ministry of Commerce, the 5 million yuan was specifically for 12 Chinese-made Audi cars, which has been completed. China Ministry of Commerce, however, reported that the cars were provided in 2002. Due to this, the project commitment year follows the official Chinese source and is set to 2002. Under the same ETCA, the Chinese will release a grant in the amount of 10 mn Yuan ($1.2 million) for the purpose of promotion of business enterprising in Azerbaijan (Record ID#41345).