Barbados and China to Sign Loan Agreements

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??PM Freundel Stuart in Beijing’s Forbidden City. (FP)

Barbados stands to benefit from the signing of four agreements totalling RMB Yuan $50 million (approximately BDS $16 million) with the People’s Republic of China tomorrow, Tuesday, September 6.

The agreements will facilitate the implementation of economic and technical cooperation between the two governments.???? They will also provide funds which will be used for projects to be agreed upon between the two governments.

Minister of Finance and Economic Affairs, Christopher Sinckler, will initial the agreements on behalf of the Barbados Government, while Chinese Ambassador, Wei Qiang Wang, will sign on behalf of his country during the official ceremony at Government Headquarters.

julie.wilson@barbados.gov.bb

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