Shabait.com (Asmara)

Eritrea: Nation And PRC Conclude Loan And Cooperation Agreement

Asmara — Eritrea and the People's Republic of China (PRC) today concluded a 6-million dollar loan and cooperation agreement here in the capital.

The agreement of interest-free loan and cooperation would be channeled to Eritrea's development endeavors towards achieving food security.

Mr. Berhane Abrehe, Minister of Finance, signed the agreement on the Eritrean government side, and Deputy Foreign Minister Zhai Jun on the side of the Government of the PRC.

Meanwhile, the Eritrean Foreign Minister, Mr. Osman Saleh, and Mr. Yemane Gebreab, Head of Political Affairs at the PFDJ, held discussion with the Chinese delegation headed by the Deputy Foreign Minister, Mr. Zhai Jun.

In the meeting, the two sides conducted discussion on Eritrean-Chinese relations and the stage reached in its development, as well as the objective situation in the Horn of Africa. The discussion also covered Eritrea's modest role in promoting peace and stability in the region.


Copyright © 2010 Shabait.com. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

Comments Post a comment