Georgetown : Today, Finance Minister Dr. Ashni Singh Zhang Limin, Ambassador of the People’s Republic of China to Guyana signed an Agreement on Economic and Technical Co-operation, whereby, the Government of the People’s Republic of China will provide RMB¥30,000,000 (equivalent to US$4.93 M) to finance projects to be agreed upon by both Governments.
The two representatives also signed the Acceptance Certificate for the procurement of a vehicular mobile container scanner valued at RMB¥ 600,000 or US$ 98,640 to be used by the Guyana Revenue Authority in the discharge of its official duties.
The People’s Republic of China, through the provision of Economic and Technical Cooperation Grants has supported a number of initiatives in areas such as health, trade, infrastructure, energy, mining, transport and communication, agriculture, sport and culture among others.
While delivering his remarks, the Chinese Ambassador stated that this was a second grant provided, this year, to the Government and people of Guyana and, he explained that it represents the long historical friendship shared by both countries. Ambassador Limin affirmed that he is confident this grant would be utilized to develop the social and economic sectors of the country from which benefits would be accrued to the people of Guyana. He, also, said that the vehicular mobile scanner for the Guyana Revenue Authority would help to improve the Customs’ administration.
In responding to the Ambassador remarks, Minister Singh reiterated the special relationship between the two countries. He stated that Guyana is proud to be the first Caribbean country to have established diplomatic relations with China and expressed his pleasure at the evolution and manifestation of the Chinese relationship with the region. Minister Singh said that China’s friendship with the Caribbean is important and has been reinforced with the visits of high level Chinese officials to the region. He further added that, to date, Guyana has made good use of the resources provided by the Government of China to implement a number of transformative projects. He welcomed Chinese companies seeking to do business in the Caribbean and, more specifically, those desirous of choosing Guyana as a new destination for business. He also said that China was a good example to the developing world for having attained and sustained rapid growth over the years.
In concluding Minister Singh thanked the Government and people of the People’s Republic of China for their continued support for our development efforts and stated that Guyana looks forward to further the enrichment of our relations.
