Beijing (TDI): Former Pakistan Ambassador to China and Advisor, Belt and Road Economic and Trade Center, Moin Ul Haque, has said that the BRETC aims to serve as a one-stop platform for trade, investment and cultural exchanges, facilitating deeper integration between China and partner nations.
“The basic aim of setting up the center was to provide a platform for the nations which are members of Belt and Road for their business connectivity, to improve, to facilitate world trade, to offer a one stop solution for joint ventures with Chinese companies,” he told CGTN after the inauguration of the BRETC.
The Belt and Road Economic Center or BRETC, officially launched in Changshu City, a major hub in the Yangtze River Delta economic zone in Jiangsu Province, represents a mutually beneficial cooperation.
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It provides the Belt and Road partner nations with free office space for 3 years, a free display corner, legal support, and helps them to establish business branch offices in China.
It also serves as a platform, enabling Belt and Road nations to procure Chinese exports.
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Ibrahim Munir, Chairman of IBI International Group, which initiated and funded the BRETC, spoke about how and why he chose the newly built High-Tech Zone in Changshu as the location for the center.
He said, “It gives you all solutions when it comes to the business. It has all types of industry such as textiles, solar manufacturing, biotech and name of any industry you can have it here. It also offers the connectivity towards the ports like Changshu port, Suzhou port and Shanghai port.”
The BRETC aims to connect with more than thirty nations. So far, the center has already engaged with over twenty countries to discuss future collaborations and shared visions.
