Published On: Wed, Aug 27th, 2014

PM Browne negotiates over 200 million RMB assistance package for Antigua and Barbuda

ChinaBEIJING, People’s Republic of China – Prime Minister of Antigua and Barbuda the Hon. Gaston Browne on Tuesday successfully negotiated an assistance package for Antigua and Barbuda for over two hundred million RMB from the People’s Republic of China.

In a frank and detailed discussion with Premier of the People’s Republic of China, His Excellency Mr. Li Keqiang, the country’s leader spoke of the close relationship that exists between Antigua and Barbuda and the People’s Republic of China and outlined a programme for development assistance in the interest of all Antiguans and Barbudans.
After an hour of talks, Primer Li agreed to the following development assistance for Antigua and Barbuda:
1. The provision of a Seventy Million (70, 000, 000) RMB Grant for the implementation of projects to be agreed upon between the two governments;
2. The provision of a Thirty Million (30, 000, 000) RMB Interest Free Loan for projects to be agreed upon between the two governments. The loan has a ten year moratorium with repayments to be made between October 2024 and September 2034;
3. The provision of goods worth Twenty Million (20, 000, 000) RMB for enhancing Antigua and Barbuda’s capacity in addressing the effects of Climate Change. The project will also include the installation of equipment, training of staff and technical support;
4. The provision of an Eight (8) member Ophthalmologist Medical Team to carry out a Cataract Surgery Clinic called Bright Journey. The team will be in Antigua for one month carrying our surgical procedures at the Mount St. John’s Medical Centre during the first half of 2015. Upon completion of the clinic, the team will donate all surgical equipment, lenses and other supplies to the Mount St. John’s Medical Centre.
5. Provide financing for the Deep Water Harbour Development Project upon completion and approval of designs. The Deep Water Harbour development will include container and cruise ship sections, a logistics area, a hotel, museum and Marina and boulevard with connected facilities.
6. The provision of additional educational scholarships for qualified Antiguan and Barbudan students to pursue undergraduate and postgraduate studies along with technical training in selected areas.
7. Provide assistance in the establishment of the University of Antigua and Barbuda and a Chinese Language teaching programme in secondary schools.
Commenting on the outcome of the talks with Premier Li, Prime Minister Browne said that Antigua and Barbuda and China have enjoyed warm and friendly relations since their inception in 1983, and each year we seek to strengthen our friendship and expand our cooperation. “The People’s Republic of China has been generous to Antigua and Barbuda over the years and has provided critical support to the development efforts of the Government. We are very grateful for this.”
Tomorrow Prime Minister Browne and his delegation will meet With President Xi President Xi Jinping on Wednesday to further strengthen the bonds they developed during their recent visit to Brazil in July.

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