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Belarus to Get $600 Mln in Loans from China

© RIA Novosti . Mikhail Kutuzov / Go to the photo bankBelarus to Get $600 Mln Loans from China
Belarus to Get $600 Mln Loans from China         - Sputnik International
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The Export-Import Bank of China (Eximbank) will grant Belarus over $600 million in preferential loans towards the implementation of national infrastructural projects, the Belarusian government said on Thursday.

MINSK, December 20 (RIA Novosti) - The Export-Import Bank of China (Eximbank) will grant Belarus over $600 million in preferential loans towards the implementation of national infrastructural projects, the Belarusian government said on Thursday.

Eximbank will provide Belarus $280.9 million to build a national satellite communications and broadcasting system, and $322 million for the reconstruction of the Minsk-Gomel highway.

The agreements between the Belarusian government and Eximbank in Beijing on December 19.

The loans for the two investment projects will be provided for a 15-year term.

 

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