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9 July 2018

PAIH is home for China-CEEC Business Council office

The Polish Investment and Trade Agency (PAIH) signed a Memorandum of Understanding (MoU) with China Council for the Promotion of International Trade (CCPIT) at the latest 16+1 summit. According to the document, PAIH takes over the office of the China-CEEC Business Council.

The China-CEEC Business Council was established in 2014 and has been coordinated by the Polish Agency for Enterprise Development (PARP). the Ministry of Entrepreneurship and Technology decided, however, that the office of the council will be headquartered at PAIH, Tomasz Pisula, PAIH CEO explained. The MoU that he signed at the Sofia-located summit institutionalised the decision.

Tomasz Pisula also said he sees willingness from both the Chinese and the European sides to "invigorate trade and foster closer collaboration."
"For me the most important notion is that China is willing to liberate some of the trade obstacles that existed before, to import goods that are important for the Chinese population. Hopefully we can have a portion of that," he pointed out.

The 16+1 format is an initiative by the People’s Republic of China aimed at intensifying and expanding cooperation with 11 EU Member States and 5 Balkan countries (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia) in the fields of investments, transport, finance, science, education, and culture.

Polish Investment and Trade Agency

Krucza St. 50

00-025 Warsaw

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