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Moscow and Beijing World Trade Centres seal a cooperation deal

February 24, 2012, 12:23 UTC+3

World Trade Centres of Moscow and Beijing have sealed a deal to step up trade, economic and investment cooperation

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BEIJING, February 24 (Itar-Tass) — World Trade Centres of Moscow and Beijing have sealed a deal to step up trade, economic and investment cooperation.

“The centres will help to strengthen and expand mutually advantageous trade, economic, scientific and business relations between Russian and Chinese enterprises and will exchange mutually interesting business information,” the agreement read.

They also plan to hold regular consultations and working meetings to remove factors restraining the development of bilateral economic cooperation.

Moscow and Beijing signed the agreement within the framework of the Asia Pacific Regional Meeting of the World Trade Centres Association.

Boris Petukhov, a senior adviser to the president of Moscow’s World Trade Centre told Itar-Tass that he positively assessed the results of the work done and pointed to a huge interest of Chinese business circles in establishing practical cooperation with Russia.

The Russian delegation included representatives of chambers of commerce and industry from the Kaliningrad, Penza, Saratov, Belgorod and Omsk regions.

A spokesman for the Russian Chamber of Commerce and Industry in Beijing, Vladimir Padalko, told Itar-Tass that the agreement with the Electronic Commerce Centre under China’s Ministry of Commerce is a tangible result of this work.

“This deal stipulates bilateral development of electronic commerce,” he said. “The Chinese side promised that proposals for Russian companies and the information about them will be placed at one of the six official websites of China’s Ministry of Commerce and that it will provide market research about Chinese companies that demonstrate interest in the Russian market.”

Padalko said China will also help to provide security check of companies for business deals.

He also noted that the two parties take efforts to establish logistics schemes between Russian regions and China’s centre to add e-payment of accounts to these schemes.


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