Agree­ment fo­cuses on he­li­copters

China Daily (USA) - - CHINA -

Ital­ian ex­port credit com­pany SACE SIMEST and Bank of China’s Mi­lan branch signed a mem­o­ran­dum of un­der­stand­ing at CIIE to de­velop op­por­tu­ni­ties for trade and in­vest­ment be­tween Italy and China. Un­der the agree­ment, the two par­ties will as­sist Chi­nese en­ter­prises to im­port goods and ser­vices from Italy, giv­ing high pri­or­ity to avi­a­tion trans­ac­tions, es­pe­cially the im­port of civil­ian he­li­copters. The MoU is a fol­low-up to a part­ner­ship deal signed in Au­gust in Bei­jing be­tween Cassa De­positi e Prestiti and Bank of China, which aims to ex­pand col­lab­o­ra­tion in ex­port fi­nance.

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