61. Ankara has also developed economic ties with each of those newly independent states, extending over one million US dollars of soft loans. 62. China has in the past provided significant aid to financially-strapped Papua New Guinea, such as in major construction projects financed through soft loans. 63. These had not been soft loans, but loans granted at the same interest rates as to other commercial banks, he said. 64. The vessels would be purchased from Factorias Vulcano SA with a soft loan from Spain. 65. It gave no details of the agreement but the AMF usually extends soft loans to its members. 66. Some CGI members, like France, ties some soft loans to the export of French goods and services to Indonesia. 67. Suharto last year said Jakarta would only buy the jets using soft loans from the United States. 68. Taiwan has spent millions of US dollars in direct aid and soft loans to help South Africa develop its infrastructure. 69. The aid will come in the form of immediate assistance, soft loans and loans at favorable market rates. 70. The AMF, one of the main financial institutions in the region, has been directly involved in development in member states through providing soft loans. |
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