Guyana, China sign $920M grant pact

President Bharrat Jagdeo addressing the forum (GINA photo)

Guyana and China on Monday signed a 30 million RMB ($920M) grant agreement that would see funding for several projects here that are still to be determined.

According to a GINA release, the signing took place at the Business Conference of the third China-Caribbean Economic and Trade Cooperation Forum in Port-of-Spain, Trinidad. Finance Minister Dr Ashni Singh signed the agreement on Guyana’s behalf while China’s Commerce Minister Chen Deming signed on behalf of his country.

President Bharrat Jagdeo is leading the Guyana delegation at the forum and during his address he called on the