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At the same time, China is planning huge increases in its commodities imports.
Under the agreements, the public and private sectors will each get $50 million for commodity imports, the national Middle East News Agency said.
Officials said general commodity imports and exports were down, while most of the increase in bulk cargo could be attributed to the gasoline, fuel oil and road salt imported in response to the January 1996 snowstorm.
Of the $24 billion pledged by the West last year, less than half has actually been paid out, they said, and almost $10 billion of that was short-term credits that went mainly for urgently needed commodity imports.
In 2009-10, the ten main containerised commodity imports, in decreasing quantity, were: miscellaneous manufactures, furniture, electrical equipment, paper & newsprint, fruit & vegetables, machinery, clothing, vehicle parts, metal manufactures, rubber manufactures.
T HE site includes 4,000 linear feet of bulkhead and 13 acres under water, and Mr. O'Connell is hopeful that eventually tenants will include bulk-cargo shippers using warehouse space for commodity imports arriving by water.
Tied to Commodity Imports Mr. Conable said he had initiated the new aid, made up largely of a $350 million loan tied to specific commodity imports, after receiving reports of the devastation caused by the failure of three monsoon rains.