Peru, China sign 3.07-mln-dollar cooperation agreement

14:28, May 25, 2011      

Email | Print | Subscribe | Comments | Forum 

Peru and China on Tuesday signed an agreement on bilateral economic and technical cooperation, under which China would grant assistance worth 20 million yuan (3.07 million U.S. dollars) to the South American country.

The money will be used in Peru's education, culture and health sectors.

Chinese Ambassador to Peru Zhao Wuyi and Carlos Pando, executive director of the Peruvian Agency for International Cooperation, inked the deal.

"The signing of this agreement reaffirms the friendship and mutual understanding between both countries and shows China's firm support to Peru's social and economic development," Zhao said.

"Trade isn't the full content of bilateral cooperation. There are many potential areas for both sides to increase cooperation, including sectors such as anti-poverty fight and infrastructure construction," he said.

Pando also hailed the deal, which came as the two countries are celebrating the 40th anniversary of the establishment of their diplomatic relations this year. Peru and China forged diplomatic ties on Nov. 2, 1971.

The continued strengthening of bilateral relations has created conditions for increased trade, investment and cooperation in different areas and activities, he said.

The agreement will boost projects of education and health infrastructure in the near future, he added.

Pando also said the China-Peru cooperation increased over the 2006-2010 period, during which Peru received aid worth 120 million yuan (18.5 million dollars) from China.

Source: Xinhua
Wen Jiabao attends trilateral leaders' meeting of China,Japan and ROK
The Third China-U.S.Strategic and Economic Dialogue
  Weekly review  
May 20   World Economic Forum China office marks fifth anniversary
May 18   China, Pakistan joined in bonds of brotherhood
May 20   'Central axis' of Beijing applies for world cultural heritage
May 20   In pictures: Int'l 'Financial Security' symposium opens in Beijing
May 21   The week in pictures
May 16   Beijing aims for massive influx of overseas talent in 2011
May 16   Singapore election coverage shows Western arrogance
May 16   Chinese naval helicopter conducts target practice in Gulf of Aden
May 17   Strategies for harmony between militaries of China, US
May 17   Pakistani Prime Minister hails China as true friend


  • Do you have anything to say?


Special Coverage
  • 3rd Anniversary Of Wenchuan Earthquake
  • Third China-U.S. Strategic and Economic Dialogue
Major headlines
Editor's Pick
  • First BRT lane opens in Beijing
  • Local gov't in Mexico starts campaign to reduce arms in citizens
  • 100-day countdown ceremony of 1st China-Eurasia Expo held in Urumqi
  • Top 10 on Forbes magazine's Celebrity Power List 2011
  • The Nanhua Miao village in Guizhou
  • Blast hits Iran oil refinery during Ahmadinejad's visit
Hot Forum Dicussion