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Overview

Chinese Government provides RMB 20 million grant — via ETCA — for acquisition of consumer goods (Linked to Record ID#66926)

Commitments (Constant USD, 2023)$5,611,888
Commitment Year•2001Country of Activity•SerbiaDirect Recipient Country of Incorporation•SerbiaSector•Emergency ResponseFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2001
Start (actual)
Jul 6, 2000

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

  • Government of Serbia

Loan description

Chinese Government provides RMB 20 million grant — via ETCA — for acquisition of consumer goods (Linked to Record ID#66926)

Narrative

Full Description

Project narrative

On July 6, 2000, the Chinese Government and the Federal Republic of Yugoslavia (FRY) signed an exchange of letters, which committed RMB 20 million of grant funding for the purpose of acquiring ‘consumer goods’. These grant proceeds were reportedly drawn from an Economic and Technical Cooperation Agreement (ETCA) that the two governments previously signed.

Staff comments

After Yugoslavia was bombed by NATO, the Chinese Government provided an RMB 80 million grant — through an ETCA — to the FRY on December 3, 1999. Then, in April 2001 and January 2002, the Chinese Government donated RMB 20 million (captured in Record ID#66927) and an RMB 30 million (captured by Record ID#66926). The proceeds from these three grant commitments, which total to RMB 130 million, were reportedly used for the acquisition of medical equipment (including ultrasound machines and CT scanners), medicines, dressings, ‘consumer goods’, and other materials.