Guyana, China to sign loan, economic cooperation agreements

Guyana and China are expected to sign a number of agreements on Saturday to coincide with the visit of the Chinese Minister of Foreign Affairs Wang Yi.

The agreements to be signed are the “Framework Agreement Provision of a Concessional Loan between the Government of the Co-operative Republic of Guyana and the Government of the People’s Republic of China” and “The Agreement on Economic and Technical Cooperation between the Government of the Co-operative Republic of Guyana and Government of the People’s Republic of China”.

Simultaneously, a handover ceremony will be held to mark China’s contribution to support the hosting by the Government of the Co-operative Republic of Guyana of the Seventeenth Session of the Committee for the Review and Implementation of the Convention (CRIC 17) of the United Nations Convention to Combat Desertification (UNCCD), scheduled to take place early next year in Georgetown.

Minister of Foreign Affairs Carl Greenidge will sign the agreements on behalf of Guyana.