NOIDA. INDIA - In pursuit of furthering the trade and investment prospects with China, VERBIND-The Trade Services Arm of WTC Noida; signed a Memorandum of Understanding with the Chamber of International Commerce Shanghai (COIC SH); aiming to bolster and foster mutual business ties and cooperation between the two regions. 

The MoU was exchanged with the purpose of developing synergies between both the organizations as a means of contributing to the development of trade, economic and investment relations between Noida and Shanghai.

Ms. Khair Ull Nissa Sheikh- Executive Director of WTC Noida and VERBIND envisaging a boost in Trade and Investment relations through this agreement said, “The MoU will prove to be a huge boost towards strengthening trade and economic cooperation, with the two fastest-developing nations of the world”.  

Complimenting Ms. Khair’s words, Mr. Jianrong Yang- Chairman of WTC Shanghai; said, “The signing of the MoU and the partnership will provide larger avenues of growth for Chinese enterprises and both parties will work together in facilitating companies from each other’s regions.

The MoU will solidify the areas of cooperation and will infuse strength and bolster confidence among companies willing to explore market in India or China. Since Chinese investments have been growing in India, this agreement will further help in providing various services; especially matchmaking services to the companies of the regions to continue the momentum and work towards cohesive development and smoothening the process of business and investment.