Grenada, PRC sign US$4.8M agreement

THE Government of Grenada and the People’s Republic of China (PRC) have signed an economic and technical agreement valued at over US$4.8 million.

The agreement was signed by Grenada’s Minister for Finance, Hon. Nazim Burke and Ambassador of
the PRC to Grenada, His Excellency Xu Jianguo.

“On behalf of the Government, I wish to place on record our profound gratitude to the Government and people of the People’s Republic of China for its continued financial support in assisting us to meet the needs of our people,” Minister Burke said.

He said the grant will go toward projects that were agreed upon by the two governments.

The Minister for Finance said the agreement is an indication of the ongoing friendly relations between the two countries.