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Overview

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

Commitment Year2015Country of ActivityCosta RicaDirect Recipient Country of IncorporationCosta RicaSectorAgriculture, Forestry, FishingFlow TypeGrant

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Dec 11, 2015

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 Costa Rica

Loan description

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

Narrative

Full Description

Project narrative

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 (Record 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 (Record 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.

Staff comments

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