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China & ITC announce partnership to support Belt & Road initiative


The International Trade Centre (ITC) and the Chinese government have announced that they will step up their collaboration to strengthen the trade capacities of small and medium-sized enterprises (SMEs) along the new Silk Road.


The announcement was made by China’s Vice-Minister of Commerce, Mr Wang Shouwen, and ITC Executive Director, Ms Arancha González, who signed a new cooperation agreement in Beijing earlier this week. 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 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, said a release.


Source: Exim News Service - Beijing/Geneva, May 18


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