Center-invest Bank and the Russia — China Trade Union have signed a partnership agreement aimed at long-term and mutually beneficial cooperation in the development of the agribusiness sector.
The framework agreement lays the foundation for joint work to improve agricultural production efficiency, implement modern technologies, attract investment, and develop human resources within the agricultural sector.
"The signing of this agreement marks an important step in developing partnerships with key stakeholders across the agribusiness sector. Center-invest Bank’s extensive experience, unique expertise, and deep integration into the industry enable us to serve as a key partner for agricultural enterprises. We see significant potential in working alongside our Chinese partners to drive innovation and support investment activity within the agribusiness sector," noted Lidia Simonova, Deputy Chairperson of the Management Board for Foreign Economic Activity at Center-invest Bank.
"The TRADE UNION works with agribusiness enterprises in Russia and China and has a deep understanding of their real needs and systemic challenges. We see that today, the Russian agribusiness sector requires not only financing, but also reliable partners capable of helping establish sustainable ties with foreign markets. Cooperation with Center-invest Bank opens up opportunities for us to launch joint projects with a long-term impact," emphasised Yu Wei, CEO of the Russia — China Trade Union and founder of the Epinduo1 platform.
1 A specialised Chinese platform (marketplace) for wholesale and retail sales of Russian goods in China.