Off the wire
EU, African countries launch security project for Gulf of Guinea  • Spotlight: China, Bangladesh lift ties to strategic partnership of cooperation  • Oil prices decline on stronger dollar, rising U.S. rigs  • U.S. dollar climbs on upbeat data  • U.S. stocks rally amid Yellen speech, upbeat earnings  • Russia, Brazil eye friendly to reopen 2018 World Cup final venue  • UN relief wing calls for more funding efforts to help Haitians affected by hurricane  • Foreign exchange rate of Euro to other currencies  • Roundup: Greek Ephorate of Underwater Antiquities celebrates 40 years of work, presents latest finds  • U.S. bans all Samsung Galaxy Note7 phones from airplanes  
You are here:   Home

China inks 2 bln USD cooperation accords with Haiti

Xinhua, October 15, 2016 Adjust font size:

China has signed 2 billion U.S. dollars worth of cooperation agreements with Haiti, local media reported on Friday.

Planning and Foreign Cooperation Minister Aviol Fleurant said he had signed two memorandums of understanding (MOUs), as part of a trade cooperation agreement with China, the daily Haiti Libre said.

The first agreement entails "a project to build a national grid, including wind and solar parks, totalling 1.2 billion U.S. dollars," and the second agreement calls for "strengthening agriculture in Haiti," through an investment of 800 million U.S. dollars, according to the daily.

The China Automation Control System Corporation (CACS), a subsidiary of the state-owned China National Machinery Industry Corporation (Sinomach), is one of the firms involved in the projects.

Fleurant once traveled to China in May to meet with officials there on bilateral cooperation in infrastructure. Enditem