Dominica has received a $50-million Renminbi (8.2 million US dollar) grant from the People’s Republic of China (PRC), according to a release from the office of the prime minister.
On Friday the prime minister, who is also minister of finance and foriegn affairs, signed an agreement with China’s ambassador to Dominica, Wang Zonglai, to officiate the grant.
“The Government of Dominica and the Government of the PRC, with a view of further developing economic and technical cooperation between the two countries, have agreed that the monies will be used for the implementation of a project to be agreed upon by the two governments,” the release said.
China and Dominica established diplomatic relations in March 2004.
“Since then the countries have enjoyed a close friendship with mutual respect for sovereignty and cooperation,” the release stated.