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Minority in Parliament petitions IMF, World Bank over $2bn Chinese deal

Comment: Re: WHAT IS VALCO DOING?

Author:
DKB
Date:
2018-08-22 13:15:18
Comment to:
WHAT IS VALCO DOING?


It is not an exchange for cash. The is no physical cash exchange in the agreement that is why it is termed a barter trade. The Chinese will carry out infrastructure across the country to the value of $2 billion in exchange for Bauxite to the same value. That is the difference. No cash payment.

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08-22 12:23
 
 
 
 
Re: WHAT IS VALCO DOING?
DKB
08-22 13:15