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SRCIC and the Philippines Silk Road International Chamber of Commerce signs MOU in Beijing
30 Apr 2019
On 26 April, on the sideline of the 2nd Belt and Road Forum for International Cooperation (BRF), SRCIC and the Philippines Silk Road International Chamber of Commerce (PSRICC) held an activity with the theme of Business Partnerships for Shared Prosperity. During the activity, SRCIC Chairman Lu Jianzhong and PSRICC Chairman Francis Chua signed the Memorandum of Understanding on Silk Road International Development Fund (the Philippines). The two sides will jointly launch a $2 billion fund to support the projects and to invest in the competitive industries in the Philippines.
Signing scene
Philippine President Rodrigo Duterte attended and witnessed the signing of bilateral business agreements between China and the Philippines.