World Trade Center Noida signs MoU with CCPIT- Beijing

1. World Trade Center Noida signs MoU with CCPIT- Beijing The World Trade Centre Noida has signed an agreement with the China Council for the Promotion of International Trade (CCPIT-Beijing Sub council). The agreement is all about rendering WTC Beijing and CCPIT as the strategic partner of WTC Noida, WTC GIFT City, WTC Chandigarh and VERBIND in China. Li Luxia, Vice Chairperson of CCPIT and WTC Beijing, and Khair Ull Nissa Sheikh, Executive director of WTC Noida and VERBIND, signed the Memorandum of Understanding (MoU) during a business session held in New Delhi. The focal point of this agreement is to nurture the connectivity amongst members of the larger community and give a push to intra-BRICS economic engagement. Khair Ull Nissa Sheikh, Executive director of WTC Noida, said, “India aims at becoming a manufacturing destination. The government has been attracting investors through its Make in India campaign; 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.” The agreement will aid in delivering trade related services to the companies so as to continue the momentum and work towards cohesive development and simplifying the process of business and investment since the Chinese investments have started growing in India. Luxia Li stated, “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.”