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Jamaica strengthening relations with China

Relations between Jamaica and China are set for further strengthening.

This follows an invitation from the China Development Bank to senior officers of  the Development Bank of  Jamaica (DBJ) to participate in the China-Caribbean Economic & Trade Cooperation Forum 2007.

The Forum takes place from this Thursday to September 15 in Xiamen, on the south eastern coast of  China.

DBJ's Managing Director Milverton Reynolds and Senior General Manager of Corporate Services Wayne Whittingham will attend.

During the conference both men will sign a development financial agreement with the China Development Bank.

The agreement allows cooperation on issues such as direct lending, project financing, staff exchange and training, information sharing, lines of  credit management and other business cooperation.

The China Development Bank was established in March 1994 to provide development oriented finance for government projects in areas such as infrastructure, basic industries, energy and transportation.

The DBJ team will also hold talks with Chinese business persons as well as other CARICOM officials taking part in the Forum.



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