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Deal for US$3b
May 5, 2009, Tuesday
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Print Edition
Print Edition
THE Export-Import Bank of China yesterday inked an agreement with the Asian Development Bank to jointly prepare at least US$3 billion for projects in developing Asia, especially in terms of infrastructure.
The pact, signed at the 42nd ADB annual meeting in Bali, will become effective next month and be utilized over three years.
The pact, signed at the 42nd ADB annual meeting in Bali, will become effective next month and be utilized over three years.
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