Home Actuality China donates 13.9ME and forgives seven million of debt to Mozambique

China donates 13.9ME and forgives seven million of debt to Mozambique

20 million euros, between a donation and a debt forgiveness, is the amount of aid from Beijing to Maputo, in one of the “difficult moments” that the African country is going through.

China will donate the equivalent of 13.9 million euros and cancel seven million euros of Mozambique’s debt under agreements signed Tuesday in Maputo between the two countries. The donation results from the Agreement on Economic and Technical Cooperation signed by the Minister of Foreign Affairs and Cooperation of Mozambique, Verónica Macamo, and by the Chinese ambassador in Maputo, Wang Hejun.

Macamo and Wang also signed the Mozambican Partial Debt Relief Agreement and a certificate of delivery of food products for humanitarian assistance by Beijing.

Read more in Hoje Macau

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