Narrative
Full Description
Project narrative
On December 21, 2010, during the 23rd Session of the Intergovernmental Commission between Cuba and China, the Cuban Government and the China Export & Credit Insurance Corporation (SINOSURE) signed an exchange of letters for the rearrangement of the debt repayment schedule of a governmental credit granted in 1990 and was extended by 10 years once already in 2000 (see linked Record ID#88296), for another 10 years. The rescheduled repayment period was to begin by the end of 2010.
Staff comments
The original loan is not captured in this database, as its commitment was in 1990.