Skip to content
AidData logo

Overview

Chinese Government extends loan repayment period for two Cuban interest-free loans

Commitment Year•2011Country of Activity•CubaDirect Recipient Country of Incorporation•CubaSector•Action Relating To DebtFlow Type•Debt rescheduling

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
May 5, 2011

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

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Cuba

Loan description

Chinese Government extends loan repayment period for two Cuban interest-free loans

Interest rate (t₀)•0%Interest type•Fixed Interest Rate

Narrative

Full Description

Project narrative

On 5 May 2011, the Chinese Government signed two Exchange of Letters agreements to extend the amortization period for two interest-free loans that became effective on 30 November 1995 and 13 April 2001 (latter linked to Record ID#54625. Loan details are unknown.