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Thursday, 27 October 2016


Georgia receives $ 9.5 million from China

2011-12-20 14:17

On the eve the governments of Georgia and China signed an agreement on economic and technical cooperation, the Ministry of Economy of Georgia reported. From the Chinese side the document was signed by the Ambassador to Georgia Chen Dzyanfu, from the Georgian - the Minister of Finance Dmitry Gvindadze. Under the agreement, China has allocated Georgia grant of $ 9.5 million, the reported.

According to Gvindadze, the areas, where these funds will be directed to, will be determined in the course of work of a bilateral commission. "First of all, it will be agriculture. We will determine other areas together", Minister of Finance of Georgia emphasized, the Rosbalt noted.

China is one of the most important Georgia's partners. Since 2005, China allocated $ 15.8 million in the form of grants for Georgia and $ 4.7 million will be granted as an interest free commodity credit. This credit will be used for setting of X-ray scanning systems at the border of Georgia, "Georgia-online" reported.

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