At the MOU signing ceremony held this morning at UOB Plaza, more than 100 delegates from major Chinese corporations and government agencies were present. Before visiting UOB in Singapore, the delegates also participated in the Malaysia-China Business Council meeting yesterday in Kuala Lumpur supported by UOB Malaysia.
UOB (SGX:U11
) and the China Council for the Promotion of International Trade (CCPIT) have signed an enhanced memorandum of understanding (MOU) to boost foreign investment and trade between China and Southeast Asia on Jan 31.
UOB and CCPIT first signed an MOU in 2012 and later renewed it in 2014. Since then, the partnership has helped numerous Chinese companies to explore business expansion opportunities in Southeast Asia. The MOU with UOB remains CCPIT’s only collaboration with a bank in Southeast Asia.
