news.xinhuanet.com - Senegal, China sign interest-free loanDAKAR, Jan. 2 (Xinhua) -- Senegal and China have signed a technical and economic cooperation agreement in which Beijing provides Dakar with an interest-free loan of 30 million yuan (4.4 million U.S. dollars), according to the Senegalese Ministry of International Cooperation.
The agreement was signed on Thursday by Senegalese Minister for International Cooperation Karim Wade and Chinese Ambassador to Senegal Gong Yanxing in the presence of officials of both countries. Under the agreement, the loan which is payable within a time limit of 10 years, between Dec. 1, 2024 and Nov. 30, 2034, is destined for the cooperation program that was started by Senegalese President Me Abdoulaye Wade and his Chinese counterpart Hu Jintao. The Senegalese-Sino program is valued at more than 100 billion FCFA (200 million dollars) and is concentrated in sectors such as culture (construction of grand national theatre and a museum for the black civilization), sports (rehabilitation of 11 regional stadia), agriculture (renewal of technical agricultural support) and health (construction of a hospital with a bed capacity of over 130 beds). Editor: Xiong Tong http://news.xinhuanet.com/english/2010-01/02/content_12743806.htm Samedi 2 Janvier 2010 - 08:52
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