Bahamas Signs $12 Million Bilateral Agreement With China for Economic and Technical Cooperation

Posted on: February 21, 2019

Bahamas Signs $12 Million Bilateral Agreement With China for Economic and Technical Cooperation

By Betty Vedrine

NASSAU, The Bahamas – The Government of The Bahamas, via the Ministry of Foreign Affairs has signed a $12 million bilateral agreement with the Government of the People’s Republic of China. The Signing Ceremony took place on Thursday, February 21, 2019 at the Ministry, and is a commitment from China to provide funds for development projects in the country. Minister of Foreign Affairs, the Hon. Darren Henfield thanked the Chinese Government for their commitment and said that the funds would be used for upgrades to the National Stadium and other Bahamian development projects. “It is important to note that this agreement is the second such offer to The Bahamas in recent years, and, in total, the Chinese Government has donated approximately US$24 million in grants for Bahamian development projects,” said Minister Henfield. Chinese Ambassador to The Bahamas, His Excellency Huang Qinguo said that today was a ‘good’ day for the two countries.

He said he was pleased to sign the agreement on behalf of the Chinese Government, and that partnerships such as these meet one of the Chinese people’s objective of assisting other developing nations. “We hope that this new assistance provided by China can be used for projects to improve the livelihood and infrastructure for the people of The Bahamas,” he said. “China has proactively promoted international development and cooperation with other countries for construction projects.” During the signing ceremony, Ambassador Huang Qinguo advised that, as the largest developing country, China was interested in “providing assistance to the best of its ability to other developing countries within the framework of South-South cooperation,” and anticipated that the projects emanating from the grant would promote economic and social development in The Bahamas and improve the livelihood of Bahamians. “The Bahamas Government looks forward to working closely with the Government of China as we continue to forge partnerships that are of mutual benefit to our two countries, and continue to build upon already robust relations,” said Minister Henfield.

Also in attendance at the ceremony were: Permanent Secretary at the Ministry of Foreign Affairs, Jack Thompson and Acting Permanent Secretary at the Ministry of Public Works, Antoinette Thompson. Mr. Fan Jinke, Chief of Economic and Commercial Affairs at the Chinese Embassy in Nassau, accompanied Ambassador Huang.

 

All News

REMARKS BY MR PETER DEVEAUX-ISAACS, PERMANENT SECRETARY, ON THE OCCASION OF THE CELEBRATION OF THE 2020 CHINESE SPRING FESTIVAL IN THE COMMONWEALTH OF THE BAHAMAS

The Hon. Jeffrey Lloyd, MP, Minister of Education, The Hon. Brian Moree, QC, Chief Justice, Dame Marguerite Pindling, Former Governor-General of the Commonwealth of The Bahamas, The Hon. Philip Davis, MP, Leader of Her Majesty’s Official Opposition, Members of Parliament, Your Excellency, Ambassador HUANG Qinguo, and Madam ZHENG Chuncao, Senior Government Officials, Members of the…

2020 SCHOLARSHIP OPPORTUNITY FOR CITIZENS OF OAS MEMBER STATES — GOVERNMENT OF THE PEOPLE’S REPUBLIC OF CHINA

The Department of Human Development, Education & Employment of the Executive Secretariat for Integral Development, through the OAS Partnerships Program for Education & Training, invites Bahamian nationals to submit applications to become recipients of scholarships and study in China at all levels.   The document also lists the following info: Application criteria & eligibility Scholarship…

India’s High Commissioner Pays Courtesy Call at the Ministry of Foreign Affairs

NASSAU, The Bahamas — India’s High Commissioner to The Bahamas His Excellency M. Sevala Naik (centre left) paid a courtesy call at the Ministry of Foreign Affairs, January 8, 2020 where he was greeted by Permanent Secretary Peter Deveaux Isaacs and other officials of the Ministry.  Pictured from left during the courtesy call: Foreign Service…

The Commonwealth of The Bahamas and The Republic of Belarus Establish Diplomatic Relations

9th December 2019- The Commonwealth of The Bahamas and the Republic of Belarus formalised diplomatic relation through the execution of a Joint Communique on the Establishment of Diplomatic Relations. . The signing ceremony was held at the Permanent Mission of the Republic Belarus to the United Nations – New York. Her Excellency Ms. Sheila Carey,…

REMARKS BY THE HONOURABLE DARREN A. HENFIELD, MP, MINISTER OF FOREIGN AFFAIRS OF THE COMMONWEALTH OF THE BAHAMAS

Nassau, The Bahamas Monday, 16th December 2019   My Parliamentary Colleague and High Commissioner to CARICOM Reuben Rahming; The Dean of the Diplomatic Corps (Ambassador HUANG Qinguo, People’s Republic of China) (Our host) The Dean of the Honorary Consular Corps (Mr Maxwell Gibson, Republic of Korea) Excellencies, Members of the Diplomatic Corps, Members of the…