Project ID: 70445

China Funds Costa Rica's Artisan Fishing Projects Through an ETCA (Linked to #54673)

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Costa Rica

Sector

Agriculture, forestry, fishing (Code: 310)

Flow type

Grant

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2015-12-11

Description

During the meeting between Chinese President Xi Jinping and Costa Rica President Luis Guillermo Solis on January 6th, 2015, China agreed to provide Costa Rica a grant through an economic and technical cooperation agreement (Project ID#54673). The grant will be for National Development Plan projects. On December 11, 2015, the Economic and Technical Cooperation Agreement was signed between the People's Republic of China and the Government of Costa Rica to grant 150 million Chinese Yuan (RMB) to the Costa Rica for national development purposes (Project ID#54673). Prior to the signing of the ETCA, the two governments agreed that the funding would be allocated to 4 separate projects which was achieved through Technical Mission for Evaluation and Comprehensive Research conducted by the People's Republic of China on October 10, 2015. Of these projects, one of them was funding laboratory of research and production of marine species, regional markets and eleven collection centers. This funding will aid in the three scientific projects related to artisan fishing.

Additional details

Official Project name was not found, so details on the project were limited.

Number of official sources

4

Number of total sources

4

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Costa Rica [Government Agency]