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Belarus receives 3.5 billion loans from China

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Belarus receives 3.5 billion loans from China

Belarus will receive 3.5 billion yuan (about $ 500 million) of loans from China.

Axar.az reports that President of Belarus Alexander Lukashenko signed the decree.

The document states that Minsk borrowed this from Beijing for repayment of state debt of Belarus, support for gold reserves, and development of trade between the two countries. It is noted that the funds will be attracted in 2019.

Date
2019.12.14 / 11:57
Author
Tural Azimzadeh
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