In the wake of China granting a USD 500 million loan, the Government of South Korea had agreed to provide concessional loans from the Economic Development Cooperation Fund (EDCF) of the Export Import Bank of Korea (KEximbank), the Finance Ministry said yesterday.
Accordingly, the Government of Republic of Korea and the Government of Sri Lanka have agreed to sign a new Framework Arrangement for the period of 2020-2022 to obtain loans through EDCF up to an aggregate commitment amount of USD 500 million to finance projects mutually agreed.
The loan interest rate on this concessional loan is about as low as 0.15% -0.20% and the loan has a repayment period of about 40 years with a grace period of 10 years, a statement from the ministry said.
FM conveys SL s serious concern to Canadian HC – The Island island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
2021-05-09 11:35:27 GMT2021-05-09 19:35:27(Beijing Time) Xinhua English
BEIJING, May 9 (Xinhua) The World Health Organization (WHO) endorsement of a Chinese COVID-19 vaccine was hailed as a milestone achievement by Dr. Gauden Galea, WHO representative to China.
The WHO in Geneva announced on Friday the decision to grant Emergency Use Listing (EUL) to the COVID-19 vaccine produced by Beijing Bio-Institute of Biological Products Co. Ltd., a subsidiary of China National Biotec Group. We look forward to such recognition of more Chinese-produced vaccines in the future, and not only for COVID-19, Galea said.
It marks a new chapter in China s role in global public goods supply in health, building on its R&D capability and manufacturing capacity, as well as its commitment to contributing substantially to global health, he added.
Live COVID-19 updates: Iran s death toll nears 75,000
Xinhua
10 May 2021, 02:05 GMT+10
BEIJING, May 9 (Xinhua) The following are the updates on the global fight against the COVID-19 pandemic. - - - - TEHRAN Iran on Sunday reported 14,141 new COVID-19 cases and 386 more deaths, taking the total number in the country to 2,654,811 and the death toll to 74,910. A total of 2,109,702 people have recovered from the disease or been discharged from hospitals across the country, while 5,538 remain in intensive care units, said Sima Sadat Lari, spokeswoman of the Iranian Ministry of Health and Medical Education. - - - - MOSCOW Russia reported 8,419 more COVID-19 cases in the past 24 hours, taking the national tally to 4,880,262, the official monitoring and response center said on Sunday.
2021-05-08 02:19:47 GMT2021-05-08 10:19:47(Beijing Time) Xinhua English
A Palestinian man receives the second dose of Chinese Sinopharm COVID-19 vaccine at a medical center during a vaccination campaign in the West Bank city of Bethlehem, April 29, 2021. (Photo by Luay Sababa/Xinhua)
GENEVA, May 7 (Xinhua) The World Health Organization (WHO) validated on Friday the COVID-19 vaccine developed by China s Sinopharm for emergency use, a move set to boost global vaccine rollout, particularly in the developing world. This afternoon, the WHO gave emergency use listing to Sinopharm Beijing s COVID-19 vaccine, making it the sixth vaccine to receive WHO validation for safety, efficacy and quality, said WHO Director General Dr. Tedros Adhanom Ghebreyesus at a press briefing.