10 April 2018

Singapore and China Signed MoU Along Belt and Road Initiative

Singapore and China Signed MoU Along Belt and Road Initiative


Singapore and China signed an MoU in Beijing, China to promote greater collaboration between Singapore and Chinese companies in third-party markets along the Belt and Road

Under the MOU, the Ministry of Trade and Industry (MTI), NDRC (China's lead agency for BRI) and Enterprise Singapore will form a working group to identify sectors and markets of mutual interest, and organise business matching activities and forums to facilitate third-party market cooperation between Singapore and Chinese companies along the Belt and Road.

Source- The Business Times

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • The Belt and Road Initiative (BRI) is a mega project initiated by China to connect countries across Europe, Africa and Asia together via ancient land and sea trade routes.

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