Trade and co-operation in focus as three MoUs inked with Chinese President
On the first day of Chinese President Xi Jinping's visit to Gujarat, three Memorandums of Understanding (MoUs) were signed between China and the state, in the presence of Prime Minister Narendra Modi.
The first MoU was signed between the government of Gujarat and Guangdong Province in South China. The second MoU is for a twin-city project between of Guangzhou, capital of Guangdong and the Ahmedabad Municipal Corporation. The third one was signed between the China Development Bank and iNDEXTb (Industrial Extension Bureau) – a State government body for facilitating investments.
The MoUs are aimed at sharing governance experiences, building industrial park and other initiatives in the area of trade and co-operation.
Besides Mr. Modi and Mr. Xi, Chief Minister Anandi Patel and her Cabinet colleagues, members of Chinese delegation and several top businessmen from the state were present at the event.
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