FIJI AND CHINA SIGN $4.5 MILLION AID AGREEMENT

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Bainimarama points to special relationship with China

SUVA, Fiji (Fijilive, Dec. 31, 2010) – A new deal signed today between the Governments of Fiji and China will provide Fiji with just over FJ$8.38 million [US$4.5 million].

Prime Minister Commodore Voreqe Bainimarama signed the aid agreement with His Excellency the Ambassador of the Peoples Republic of China Dr Han Zhiqiang.

"Details of account procedures and disbursement will be concluded under this agreement between the Ministry of Finance and the China Development Bank, Bainimarama said. But, as in previous technical and economic agreements between our two countries, this agreement essentially provides for the funding and implementation of development projects in Fiji that are mutually agreed to by our respective Governments. It has been a rewarding and productive year that has greatly enhanced the spirit of mutual cooperation and respect between Fiji and China," the Prime Minister said.

Bainimarama said 2010 has been a rewarding year in as far as the diplomatic relationship between the two countries is concerned.

"This has been a special year in the relationship between our two countries marking the 35th anniversary of our formal diplomatic relations, he said. During this time China has on numerous occasions demonstrated its close and friendly ties with Fiji in real and practical terms," he added.

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