Chinese Government provides RMB 30 million grant — via ETCA — for unspecified purposes
Constant 2017 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
This project is classified as an "umbrella" project, and is connected to related projects.
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Unallocated/unspecified (Code: 998)
On January 23, 2002, Egypt's President Hosni Mubarak and China's President Jiang Zemin signed an Economic and Technical Cooperation Agreements (ETCA), which committed RMB 30 million of grant funding for unspecified purposes. The agreement was signed in both Arabic and Chinese. On May 14, 2002, Egyptian presidential resolution no. 112 (year 2002) specified that the grant would be disbursed through an account established between the Central Bank of Egypt and the Bank of China. According to the same presidential resolution, a future exchange of letters between the two governments would determine how the grant proceeds from the ETCA would be allocated. Then, on September 7, 2002, Egyptian Presidential resolution no. 93 officially approved the Egyptian government's acceptance of the grant.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Central Bank of Egypt [Government Agency]