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CEFC China and Georgia build common market zone together

     chinadaily     2017-9-22 17:17:00    

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As a strategic partner of 2017 China International Fair for Investment and Trade (CIFIT), CEFC China attended the international investment forum on Sept 18 and signed two important agreements with the Guest Country of Honor Georgia.


Georgia is a key gateway from Europe to Asia along the Belt and Road initiative. POTI, a port city in Georgia, has its advantage of connecting Europe market of 900 million people without tariff barriers.


According to the two agreements, CEFC China and Georgia government will jointly build the “New Silk Road Common Market Zone” in POTI, Georgia, aiming to serve as a incorporate service platform for regional trade, export processing, technical cooperation, warehousing logistics and cross-border finance.


The cooperation zone is designed to promote the correspondence, cooperation and circulation between advantages of both sides and open up a new vista of friendly cooperation between Asia and Europe.


“CEFC China’s overseas investment will not focus on one single project with one enterprise. Valuable industrial chain and even the strategic layout matters”, said Ye Jianming, chairman of CEFC China.


CEFC China is designed to serve as a bridge of friendship of Georgia and China, making the project a typical one under the Belt and Road initiative.


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