Antwerp signs agreement with Chinese bank
The Antwerp Port Authority has announced that it signed a Memorandum of Understanding (MoU) with the Industrial and Commercial Bank of China (ICBC) as part of China’s ‘one belt, one road’ strategic plan.
The partnership agreement, which was signed at the opening of ICBC’s first branch in Antwerp, is expected to strengthen the Port of Antwerp’s position in China by bringing investment opportunities related the port to the attention of Chinese investors and promoting the port’s business activities among the bank’s customers.
The ‘one belt, one road’ strategy, which was launched by China in 2013, aims to better link the country’s main industrial cities to commercial hubs across Asia, the Middle East and Europe.
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