Memorandum of Understanding CCIB - Trade Development Bureau of the Ministry of Commerce of the People's Republic of China

  The Bucharest  Chamber for Commerce and Industry (CCIB) signed a memorandum of understanding with the Trade Development  Bureau of the ministry of commerce of the People’s Republic of China within the Business Forum ”Romania – China” named also ” China-Romania Trade Promotion and Exchange Forum” organised at the Palace of Bucharest Commerce and Industry Chamber.   The memorandum of understanding has as objective the promotion and consolidation of bilateral economic relations between the companies in Romania and the People’s Republic of China, as well as the facilitation of mutual access to the markets of the two countries. Signing this agreement was made by the CCIB president, Iuliu Stocklosa and Zeng Huacheng, deputy general director of the Trade Development Bureau  of the ministry of commerce of the People’s Republic of China.   "We are delighted to host this business forum as a continuation of the success of the June 2025 event, organized on the occasion of the visit of the delegation from Shenzhen's Longhua District, and the 2024 event, where we welcomed the visit of the delegation from Pingshan. According to statistical data recorded at the end of 2024, the People's Republic of China was Romania's second most important trading partner among non-EU member states after Turkey, with a bilateral trade volume of almost 9.3 billion USD, registering an increase of 12.7% compared to the previous year, and the main supplier of goods to Romania among non-EU countries with a volume of 8.5 billion USD. This situation continued în the first three months of 2025 (data available), with bilateral trade of USD 2.4 billion, of which imports from the People's Republic of China totaled USD 2.2 billion. Events like today's are of major importance. They not only illustrate the mutual openness of our business communities, but also support the development of trust and confidence as well as a better understanding of markets. The Bucharest Chamber of Commerce and Industry reaffirms its role as an active, serious and reliable partner in this process. We express our hope that this forum will become a landmark in the consolidation of a stable and sustainable bilateral cooperation," said CCIB President Iuliu Stocklosa. The delegation of the ministry of commerce of the People’s Republic of China reunited the representatives of the key sectors such as commerce, auto industry, industrial production, logistics and IT. During the meeting there were signed a series of agreements of understanding with important Romanian companies, among which eMAG, EasySales, Tiriac Asset Holdings, together with other partners in the business environment.   The event was attended both representatives of the Chinese business environment and the representatives of the Embassy of the People’s Republic of China in Bucharest, representatives of the business environment in Romania, representatives of the public authorities and the Romanian Agency for Investments and Foreign Trade, sends the CCIB Press Bureau.  (Photo:https://www.facebook.com/)