23.7 C
Port Moresby
October 24, 2021
International News Pacific

Pacific Forum Receives US$1.05 Million from China

 

The Pacific Islands Forum has received another grant from China, amounting to US$1.05 million. A handing-over ceremony was held in Suva, Fiji, where Chinese Ambassador to Fiji, Zhang Ping, officiated the proceedings.

Ping told those gathered to witness the ceremony that the South Pacific region is significant to China and that his country stood ready to contribute to capacity building and development in the region.

China’s increasing level of engagement in the Pacific has been a concern in the region with traditional aid donors still coming to terms with China’s rapidly rising presence in the Pacific.

While Australia is still far ahead as the region’s biggest aid donor, China has risen to the top three to sit alongside the United States, ahead of Japan and New Zealand.

In an interview with Radio New Zealand, China’s Ambassador to New Zealand, Cook Islands and Niue, Wang Lutong, said that China’s assistance in the region is centred on infrastructure.

Lutong said that Chinese aid to the Pacific takes the form of grants, loans without interest and concessional loans, with grants taking the most percentage, and our foreign assistance also takes other forms as projects and materials.

Secretary General of the Pacific Islands Forum, Dame Meg Taylor, said that China’s grant to the forum will assist the forum in advancing regional integration and help its members achieve sustainable development.

 The Lowy Institute's interactive map of Chinese aid in the Pacific Photo: Lowy Institute website

 

Related posts

Police Recover Pistols from Settlement Raid

Martha Louis

Payabe: LNG Project under No Threat

EMTV Online

Prime Minister: 2018 is a Crucial Year for Papua New Guinea

Fabian Hakalits
error: Content is protected !!