Sino-Latin American fund officially started its work

Almaty. January 14. Silkroadnews - Sino-Latin American cooperation fund officially started its operation, the Chinese media reports.
“The fund with the value of $10 billion was formed as outcome of the meeting held by Xi Jinping and leaders of Latin American and Caribbean States in July 2014. It is established due to the joint efforts of Export-Import Bank of China and the State Administration of Foreign Exchange Control of China”, the publication said.
According to information at the official website of the Export-Import Bank of China the Cooperation Fund shall invest into projects of cooperation between China and Latin American countries in the field of infrastructure construction, agriculture, manufacturing, technical innovations, information technology and others.