Meeting of the Business Alliance and the Beijing Yabaolu International Chamber of Commerce on the launch of new projects

On June 2, 2023, the Business Alliance met with the President of the Beijing Yabaolu International Chamber of Commerce (BYICC), Ma Shuang. The topic was the strengthening of relations, as well as ways of possible interaction and cooperation between Russian and Chinese partners. During the negotiations, an agreement was reached that the portfolio of investment projects in the territory of the Russian Federation with Chinese participation will grow.
The Chinese side is ready not only to supply essential goods to Russia, but also to invest in production. Andrey Morozov, President and Chairman of the Board of the Eurasian Business Alliance, said: "About ten large Chinese corporations, about five different banks with their investment and financial programs will enter Russia through the Business Alliance."
The elaboration of a memorandum with the Beijing Chamber of Commerce begins, within the framework of which both production and trade and exhibition activities will be organized. We expect that the memorandum will be signed in the near future.