China to deliver grant worth $4.9 mln to Georgia

Photo: China to deliver grant worth $4.9 mln to Georgia  / Georgia

Tbilisi, Georgia, Dec. 17

By Nana Kirtzkhalia - Trend:

The Chinese government will deliver a grant worth $4.9 million. This statement was made at a meeting of Georgian Minister of Finance Nodar Khaduri and Chinese ambassador Yue Bin.

The sides discussed the trade and economic relations between the two countries.

An agreement on economic and technical cooperation was signed between the Georgian and Chinese governments at the Ministry of Finance on Dec. 16.

The Chinese government will deliver a grant worth 30 million yuan ($4.9 million) to Georgia as part of the agreement.

"The priority economic and technical projects will be financed through this grant," Khaduri said. "During the last period, the Chinese government provided Georgia with financial assistance worth 220 million yuan, land reclamation and irrigation equipment. I am sure that the cooperation will continue between the two countries."

The Chinese ambassador expressed confidence that his country will contribute to the economic development of Georgia.

Translated by NH

Edited by CN

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Tags: China , Georgia