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Smolensk region will cooperate with China Machinery Industry Federation

08.09.2016 Smolensk region will cooperate with China Machinery Industry Federation

Smolensk region will cooperate with China Machinery Industry Federation

The working meeting with the delegation of China Machinery Industry Federation (CMIF) has been taken place in Administration of Smolensk region within this meeting the cooperation agreement has been signed.

The document has been endorsed by signatures of the Governor of Smolensk region Alexey Ostrovskiy and the President of the Chinese Machinery Industry Federation Wang Ruixiang. The parties have also discussed the prospects of interaction in trade and economic and investment spheres.

The purpose of signing of the Agreement is establishment and development of long-term, effective and mutually beneficial cooperation between Administration of the region and China Machinery Industry Federation in the field of preparation and implementation of joint Russian-Chinese projects, including creation of joint ventures in the territory of Smolensk region. The priority sphere of cooperation of the parties is the sphere of mechanical engineering.

Alexey Ostrovskiy has especially stopped that there will pass the high-speed international thoroughfare Shanghai – Hamburg along the territory of Smolensk region which will connect China and Western Europe. It has already been called the New Silk way. Construction of the section of the road Kazakhstan-Belarus in the territory of Smolensk region will begin in 2018. Nowadays the pre-work for construction of the road is conducted, there is a formation of right of way.

Addressing to the Governor, the head of the Chinese delegation Wang Ruixiang has expressed gratitude for a possibility of holding this meeting and the shown hospitality, and also has spoken readiness for mutually beneficial cooperation. «It is necessary to use possibilities of cooperation between our countries, our friendly, confidential relations. It is interesting to us to consider questions of interaction with Smolensk region which is the international transport hub within the concept of the New Silk way. Therefore it is quite natural that we have made the decision to work and cooperate with you. Your region is the region almost border with the European Union. We consider that there are many directions for our future partnership, development of mutually advantageous contacts. For my part I am ready to render assistance and to advance cooperation between China and Smolensk region, including the sphere of mechanical engineering», - Wang Ruixiang has reported.

During the meeting the parties have planned the concrete directions for future cooperation. Also Alexey Ostrovskiy has charged to prepare the presentation of Smolensk region in which it will be told about the investment legislation and other competitive advantages of the region, for the purpose of its further demonstration in Beijing, Guangzhou and other industrial centers of China, and also in the trade mission in Moscow for those Chinese companies which have already worked at the Russian market. Wang Ruixiang and Vitaliy Monkevich the President of the Russian-Asian Union of Industrialists and Entrepreneurs have promised to render assistance in it.