Panarmenian reported that the Belarusian government said that export import bank of China will grant Belarus over USD 600 million in preferential loans towards the implementation of national infrastructural projects
Eximbank will provide Belarus USD 280.9 million to build a national satellite communications and broadcasting system and USD 322 million for the reconstruction of the Minsk Gomel highway.
The agreements between the Belarusian government and Eximbank in Beijing on December 19th 2012.
The loans for the two investment projects will be provided for a 15 year term.
Source:
http://www.steelguru.com/russian_news/Belarus_to_get_USD_600_million_loans_from_China/296434.html
