China to allocate $100m loan for Belarusian economy development

China will allocate $100 million for the devlopment of Belarusian economy, the press service of the Belarusian Embassy to China reports. The credit agreement was signed in Beijing on 24 April. Belarusian Ambassador Kiryl Rudy and Chairman of China Development Bank Zhao Huan signed the agreement. The financial resources will be received by Belarusbank.

The agreement was signed ahead of Belarus President Alyaksandr Lukashenka’s 3-day state visit to China.