China offers US$1.63 million per year to SAARC through 2018
Pledged amount
$ 1829309.1784136926
Adjusted pledged amount
$ 1829309.1784136926
Constant 2021 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.
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Asia, regional
Sector
Government and civil society (Code: 150)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
In 2015, it was reported that China was to give US$1.63 million per year to the SAARC (South Asian Association for Regional Cooperation) per year through 2018. China, currently an observer in SAARC, has been attempting to become a full member of SAARC since 2006. While there is no indication SAARC accepted the funds, China is also believed to have set aside $550k for a "SAARC development fund" should that status ever change.
Number of official sources
0
Number of total sources
4
Details
Cofinanced
No
Implementing agencies [Type]
South Asian Association for Regional Cooperation [Intergovernmental Organization]