(Shout out to a reader who sent us the BGIS press release website photo.)
Government press release said “Barbados and China to sign Loan Agreements”
Words matter… That’s why Barbados Advocate, Nation News dropped “loan” for only “agreement”
It’s not journalism – it’s feel-good propaganda designed to make the DLP government look good while keeping the citizens in the dark. Check it out…
Caribbean Press Releases.com says “Barbados and China to Sign Loan Agreements“
That’s “LOAN” as in “We have to repay our Chinese Massas”.
But the Barbados Advocate says “Closer Ties“ and doesn’t use the word “loan” or indicate in the paper’s entire 300+ word article whether the $15 million has to be repaid.
Then check out $15.7 China deal in the Nation News. Did Barbados sign for a loan? You tell me! The Nation News says that we signed “banking agreements and accounting procedures for the financing”. The words “loan” or “gift” are absent from the article.
Is it a loan? Is it a gift? Why hide it? (He said knowingly!)
Hey… I’m just saying that Bajans deserve better than that from their news media. Doan ya think?
You should check out the Barbados Advocate and Nation News articles at their website and the press release at Caribbean Press Releases.com, but we’re going to reprint all three pieces in full here because you know how it is: the Barbados Advocate and Nation News are famous for erasing history…
Barbados Advocate: 9/7/2011
China/Barbados relationship boosted
MINISTER of Finance Christopher Sinckler has signed onto several agreements totalling BDS$15.7 million with China.
The agreements signalled the start to several areas of co-operation agreed upon during Prime Minister Freundel Stuart’s state visit to China earlier this year.
“During that visit, the principals of both sides were able to agree on new areas of co-operation that would provide assistance from the people and government of China to Barbados to build out a number of areas of co-operation, among which would be the replacement of the scoreboard at the gymnasium – which, of course, is one of the projects that we collaborated with many years ago. …The second area is in the facilitation of the Chinese language being a major part of the learning apparatus of Barbados with the exchange of a Chinese language teacher,” Sinckler noted.
During the official ceremony at Government Headquarters yesterday, he stated that next week’s Third China-Caribbean Economic and Trade Co-operation Forum in Trinidad will evaluate the progress of the 2007 pledge by the Chinese government that it would be spending in excess of BDS$1 billion in investments in the Caribbean, region-wide.
“I believe that the conference in Trinidad is part of this process; to evaluate what has happened in that process so far and to look at what projects have been undertaken and what future projects can be engaged between countries in the region and the People’s Republic of China,” he said, adding that these projects would be prescribed over several areas, including technical support in terms of inputs for infrastructural projects.
Meanwhile, Chinese Ambassador to Barbados Wei Qiang stated that China would continue to enhance its relationship with countries, including Barbados.
“It is a very firm Chinese government policy to enhance…our unity and mutually beneficial co-operation with developing countries in the world, especially at a time when we are facing a lingering world-wide financial crisis,” he stated.
Barbados and China to Sign Loan Agreements
Bridgetown – Sept. 6, 2011 – Barbados stands to benefit from the signing of four agreements totalling RMB Yuan $50 million (approximately BDS $16 million) with the People’s Republic of China, Tuesday, September 6.
The agreements will facilitate the implementation of economic and technical cooperation between the two governments. They will also provide funds which will be used for projects to be agreed upon between the two governments.
Minister of Finance and Economic Affairs, Christopher Sinckler, will initial the agreements on behalf of the Barbados Government, while Chinese Ambassador, Wei Qiang Wang, will sign on behalf of his country during the official ceremony at Government Headquarters.
$15.7m China deal
WED, SEPTEMBER 07, 2011 – 12:09 AM
Barbados is entering agreements worth $15.7 million with the People’s Republic of China for economic and technical projects in several areas of cooperation between the two countries.
Minister of Finance and Economic Affairs Chris Sinckler and Ambassador for the People’s Republic of China in Barbados Wei Quiang signed the banking agreements and accounting procedures for the financing at Government Headquarters yesterday.
Sinckler confirmed the money would support four agreements, three of which were discussed by Prime Minister Freundel Stuart with his Chinese counterpart Premier Wen Jiabao while on an official visit to the People’s Republic of China earlier this year.
These included a letter of exchange to facilitate the installation of a new modern scoreboard at the Garfield Sobers Complex, and a memorandum of understanding between the Ministry of Education and Human Resource Development and the Ministry of Education of the People’s Republic of China to send a Chinese language teacher to Barbados.