Wednesday 07  May 2008, San José, Costa Rica

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Chinese Keep Giving Away Money To Costa Rica
Statistics Show A Decline In Deaths On The Road
False Emergencies Waste Money And Time Of The Red Cross
Rainy Season Expected Official This Week
Crime Hotline Proving A Success

Chinese Keep Giving Away Money To Costa Rica
Costa Rica and China inked deals worth us$50 million dollars Tuesday during a three-day visit here by Chinese Vice Premier Hui Liangyu aimed at broadening relations with San Jose.

Hui is the highest-level Chinese official ever to visit the country and was due to meet with President Oscar Arias as well as Vice President Laura Chinchilla and other top leaders.

The accords include a us$40 million-dollar line of credit by China for small and medium size projects in Costa Rica, following an agreement between the Banco Nacional de Costa Rica and the China Development Bank, as well as Beijing's donation of us$10 million dollars and 200 vehicles for Costa Rican civil security.

Hui secured the deals with various Costa Rican ministers including Foreign Minister Bruno Stagno and Environment Minister Roberto Dobles.

Economic and agricultural cooperation tops the agenda during Hui's visit, along with water resources, judicial cooperation and visa issues, and he was due to sign cooperation accords broadening the bilateral relationship.

The two sides "will also share opinions on other common interests including China-Latin America relations, United Nations reform, the environment and climate change, the (UN) Security Council, as well as the situations in Taiwan and Tibet," Costa Rica's foreign ministry said in a statement.

China has also promised to finance the construction of the new us$60 million dollar stadium in Costa Rica after the country switched allegiance to Beijing in June 2007, ending 63 years of relations with Taiwan.

The 35,000-capacity stadium will replace the Estadio Nacional, located in the Sabana park, which is to be demolished..
 
 

 

 

 
 

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