Business updates

China and ITC has announced their partnership to strengthen the trade capacities of small and medium-sized enterprises (SMEs) along the New Silk Road.

China’s Vice Minister of Commerce, Mr. Wang Shouwen, and ITC Executive Director, Ms. Arancha González signed a new cooperation agreement in Beijing. The signing follows the Belt and Road Forum for International Cooperation, a meeting to boost cooperation and connectivity and promote the building of railroads, ports, pipelines and other land and sea infrastructure joining China to Asia, Europe and Africa.

In support of the Belt and Road initiative, ITC and China’s Ministry of Commerce (MOFCOM) will be working to jointly promote trade and investment, sustainable and inclusive growth, greater South-South cooperation and the achievement of the 2030 Agenda for Sustainable Development.

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(Source: ITC)