Last updated at: (Beijing Time) Saturday, January 18, 2003
China Contributes to Development of Peru-Ecuador Border Region
Visiting Chinese Minister of Foreign Trade and Economic Cooperation Shi Guangsheng Friday handed over to the Peruvian government a fund of 1.2 million US dollars on Friday for the development of the Peru-Ecuador border region.
Visiting Chinese Minister of Foreign Trade and Economic Cooperation Shi Guangsheng Friday handed over to the Peruvian government a fund of 1.2 million US dollars on Friday for the development of the Peru-Ecuador border region.
Shi said the donation showed the friendship between China and Peru. It would promote bilateral cooperation and contribute to international security.
Peruvian Foreign Minister Allan Wagner Tizon thanked China for the assistance and said the fund would be channeled into two major projects, one of which was the building and management of a clinic in the Peru-Ecuador border area, the other was research on the accessibility of rivers in the Amazon Basin to smaller boats so as to promote trade and local small-scale fishing.
Both programs are linked to the peace agreement signed in 1998 by Peru and Ecuador following a border conflict.
When meeting with Peruvian President Alejandro Toledo Friday, Shi said the Chinese government attached great importance to promoting bilateral cooperation in all fields, in particular economy and trade.
Toledo hoped he would have the opportunity to lead a business delegation to China, and that Chinese entrepreneurs would come to Peru for investment and launching ventures.