Project ID: 41344

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

Commitment amount

$ 1509876.2642234953

Adjusted commitment amount

$ 1509876.26

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Azerbaijan

Sector

Government and civil society (Code: 150)

Flow type

Grant

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2002-01-01

Geography

Description

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 (project id #41345).

Number of official sources

2

Number of total sources

4

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Details

Cofinanced

No

Direct receiving agencies [Type]

Azerbaijan Ministry of Economic Development [Government Agency]

Implementing agencies [Type]

Azerbaijan Ministry of Economic Development [Government Agency]