Tonga’s repayment of its $119 million pa'anga loan from the EXIM Bank of China for the reconstruction of the Nuku‘alofa Central Business District has been deferred for another five years.
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Results for Belt and Road Initiative
Wednesday 5 December 2018
Friday 23 November 2018
Tonga was “delighted to join the Belt and Road cooperation,” the Prime Minister Hon. ‘Akilisi Pohiva told President Xi Jinping of China when they met in Port Moresby, Papua New Guinea on November 16, during the 2018 Asia-Pacific Economic Cooperation (APEC) annual meeting, according to the PRC Ministry of Foreign Affairs