PORT-OF-SPAIN, Trinidad – Trinidad's prime minister says China's president has offered concessionary loans to nine Caribbean countries totaling some $3 billion.
Specific details of the offer were not immediately disclosed after a Sunday meeting, but Prime Minister Kamla Persad-Bissessar told reporters that the loans would be earmarked for infrastructure and development projects across the Caribbean. She says, "We really welcomed that generosity."
Chinese President Xi Jinping has met with various Caribbean leaders in Trinidad over the weekend, the first stop of a four-country trip in the region.
On Saturday, Xi said China always views its relationship with the Caribbean, in his words, "from a strategic perspective and we are committed to the building of a comprehensive and cooperative partnership."
Xi is also traveling to Mexico, Costa Rica and the U.S. in coming days.
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