On December 10, Ambassador Zheng Bingkai held a working meeting with Minister of Finance of Barbados Ryan Straughn on China's “two preferential” (government concessional loan and preferential export buyer's credit) projects currently underway in Barbados and the Chinese government's concessional loans and RMB financing policies. The working group from the Export-Import Bank of China presented the latest progress in the projects and relevant financing policies.

Ambassador Zheng stated that Barbados is an important partner for China in the Caribbean region. China-Barbados cooperation in infrastructure, economy and trade, investment and financing, digital economy, and green development continues to deepen and produce tangible results. China will continue to support Barbados in achieving economic diversification and transformation.

Minister Straughn warmly welcomed the Exim Bank working group's visit to Barbados and expressed gratitude for China's long-standing support. He expressed hope to deepen China-Barbados cooperation in people's livelihood infrastructure and financial-economic sectors based on the "Two Preferential" projects, expand the scale of RMB financing in Barbados, and elevate bilateral economic and trade cooperation to a new level.