To all those ho have an issue with the trip her is the break down Please observe Section 2 third point and I quote • Economic and Technical Agreement Grant Aid valued at Renminbi Yuan 100 million, approximately US$16 million and at today’s exchange rate, approximately J$1.6 billion. As stipulated in the Agreement, the Grant Aid shall be used for projects to be mutually agreed upon through consultations between both countries. The details of which shall be the subject of specific supplementary agreements between both Governments. It should be noted that the initial amount of the grant was 50 million Renminbi Yuan as announced by the President of the People’s Republic of China, His Excellency Xi Jinping, during his visit to Trinidad and Tobago in early June 2013. The amount of the Grant Aid was doubled in honour of the Prime Minister’s historic visit.
Posted on: Sun, 01 Dec 2013 18:28:53 +0000
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