New Delhi, 13th October 2016: The China Council for the Promotion of International Trade (CCPIT- Beijing Sub council) entered into an agreement with WTC Noida and VERBIND-its trade service arm; to work towards bolstering economic and trade relations between their regions of operations. The MoU was signed by Ms. Li Luxia, Vice Chairperson of CCPIT and WTC Beijing and Ms. Khair Ull Nissa Sheikh, Executive Director of WTC Noida and VERBIND during an interactive business session held in New Delhi.
The agreement would render WTC Beijing and CCPIT as the strategic partner of WTC Noida, WTC GIFT CITY, WTC Chandigarh and VERBIND in China with WTC Noida and VERBIND correspondingly acting as their holistic partner in India. The CCPIT delegation, visiting India, is a participant for the BRICS Business Forum scheduled from October 12 – 14, 2016 in New Delhi. The agreement also aims at giving an impetus to intra-BRICS economic engagement and to foster connectivity amongst members of the business community.
Speaking at the event Ms. Sheikh said, “India aims at becoming a manufacturing destination. The government has been attracting investors through its Make in India Program; and with China being its largest trading partner- WTC Noida and VERBIND will focus on assisting and facilitating Chinese companies willing to invest in India.” She further said that the BRICS nations ought to have a better trade relation among themselves & the interactive session organized by WTC Noida & VERBIND is an outreach towards better cooperation between trade facilitating organizations among the BRICS nations in order to propel the global Trade and Investment.
Ms. Luxia, Vice Chairperson of CCPIT envisages for a boost in Trade and Investment relations through this agreement. She said, “This agreement will prove to be a stepping stone towards strengthening trade and economic cooperation, with the two fastest`-developing nations of the world and creating wider platform for companies to interact, invest and develop new partnerships in India and China.”
Since Chinese investments has been growing in India, the agreement will help in providing various services specially matchmaking and trade related services to the companies so as to continue the momentum and work towards cohesive development and smoothening the process of business and investment. WTC Noida & VERBIND are committed to the Government’s Make in India initiative and is promoting the NCR region as destination for investments in manufacturing through cluster strategy. The various tie ups with organizations and collaboration with the Government that VERBIND and WTC Noida has made will usher in job creation and will also be helpful in skill development.
About World Trade Center, Noida
To give a world-class status to our truly world class business structures, Viridian has collaborated with World Trade Center Association, New York thus branding its projects under the prestigious & globally acclaimed name of World Trade Center. By collaboration its projects under the World Trade Center trademark, Viridian not only provides an exceptional physical infrastructure but also a visual infrastructure that can be a powerful medium for small and big corporations to give maximum exposure to their businesses. While placing them in the most exclusive realm for business, it also keeps them connected to the pulse of global commerce.
In keeping with the World Trade Center legacy, WTC Noida has outperformed all other commercial ventures in the NCR by unprecedented margins. Its ability to surge ahead in little time has grown on a foundation of four pillars that very few investments can offer. This landmark of prosperity, delivered to international standards combined with the trust of a global power-brand, has been a catalyst to regional business & infrastructure growth. World Trade Center, Noida has emerged from a rich mix of ideas generated from India’s first and largest global architectural design competition in the commercial segment. WTC Noida is spread across 42 acres and it’s a mix use commercial complex which has office spaces, hotels, service apartments, recreational spaces and lot of green areas.
About CHINA COUNCIL FOR THE PROMOTION OF INTERNATIONAL TRADE (CCPIT) BEIJING
Established in May 1952, China Council for the Promotion of International Trade (CCPIT) is the most important and the largest institution for the promotion of foreign trade in China. The aims of the CCPIT are to operate and promote foreign trade, to use foreign investment, to introduce advanced foreign technologies, to conduct activities of Sino-foreign economic and technological cooperation in various forms, to promote the development of economic and trade relations between China and other countries and regions around the world, and to promote the mutual understanding and friendship between China and economic and trade circles of all nations around the world.
CCPIT BEIJING, a foreign economic and trade organization composed of representative figures, enterprises, associations and groups in Beijing’s economic and trade circle, is a mass organization managed in reference to the Civil Service Law, and a member of international organizations, i.e. the permanent member of the World Trade Center Association and the Beijing Workstation of UNIDO. Its tenet is promoting foreign trade, promoting utilization of foreign investment, promoting introduction of advanced technologies, management and talent, as well as promoting Sino-foreign economic and technological cooperation and exchanges in various forms.