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China loans Morocco $3.6 million
Morocco-China, Economics, 3/25/2000
China will extend Morocco a loan worth $3.6 million to back the country's development process.
The loan agreement was signed here Friday by chinese vice- minister of foreign trade, Sun Guangxiang, and Moroccan secretary of state for cooperation, Aicha Belarbi. The loan will be repaid over 10 years.
The Chinese vice-minister of foreign trade is visiting Morocco part of a delegation led by state advisor of the Chinese government, Luo Gan.
The Chinese delegation was received Friday by Prince Moulay Rachid, brother of King Mohammed VI, and had conferred Thursday with Prime Minister Abderrahmane Youssoufi.
Previous Stories:
China to extend loan to Morocco
(3/24/2000)
Moroccan, Chinese cities to be twinned
(2/1/2000)
Morocco - China fishery cooperation enhanced
(10/30/1999)
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