China unwraps US$1.5B grant to CARICOM

The Guyana and Chinese delegations at the talks (Photo courtesy of GINA)

Guyana will look at how it will tap into a US$1.5 billion grant announced by the Chinese Government during the visit of that country’s President Xi Jinping to Trinidad, while ways in which Beijing can assist George-town in infrastructure and transport were also discussed with President Donald Ramotar.

The Government Informa-tion Agency (GINA) reported yesterday that this was announced by Ramotar shortly after Caribbean Com-munity (CARICOM) Heads met with the Chinese Head of State at the Hilton Hotel in Port-of-Spain, for a luncheon.

“The Chinese Government has committed to give the region much more assistance,