Agreements SACE - 10 July 2019

SACE SIMEST (CDP Group) and CEXIM to support trade and investment between Italy and China

SACE SIMEST, the Export and Internationalization Hub of the CDP Group, and CEXIM, the Export-Import Bank of China, signed a Memorandum of Understanding (MoU) to support trade and economic cooperation between Italy and China.

The Agreement, signed by Ms. Hu Xiaolian, Chairman of CEXIM and Mr. Alessandro Decio, CEO of SACE, establishes a joint framework for collaboration with the purpose of exploring, strengthening and enhancing trade and investments between the Republic of Italy and the People’s Republic of China, including potential opportunities arising from the Belt & Road Initiative.

To this aim, the two Parties will join their efforts to promote export and investments from their respective countries, assist and support deals involving Italian and Chinese enterprises individually or jointly, with a focus on energy, transportation and infrastructure sectors. They will also share information and business practices in areas of mutual interest and facilitate trade opportunities by organizing joint workshops, forums, B2B meetings and events among exporting corporate and financial institutions, located in Italy and in China.

In this process, the SACE SIMEST offices in Shanghai and Hong Kong, will play a pivotal role to assist and facilitate all relevant initiatives and specific projects. 

 “China is definitely one of the most dynamic economies globally and is currently implementing important initiatives that are reshaping the global scenario and therefore creating new opportunities also for Italian companiesSACE CEO Alessandro Decio declared -. Chinese companies in all sectors are becoming more and more global as well as inclined to partnerships that complement and strengthen their competitiveness, which can represent a perfect fit for Italian companies. The cooperation framework designed by our agreement with CEXIM represents an important instrument to address the challenges and effectively enhance our role business facilitator.  Well aware of the high-quality standards that Italian companies are capable to deliver, we are very eager to assist them in gaining more and more access to the Chinese market and collaborating jointly on transactions based in China as well as in third countries”.



Would you like more information?
Contact us +39 06.6736.888

Ultimi comunicati

Deals SACE - 10 February 2020
SACE supported two operations in the petrochemical sector, which were awarded during the PFI Awards 2019, the gala evening organized by Project Finance International, to reward the best industrial projects in the world.
Agreements SACE - 04 February 2020
SACE and the Ministry of Industry, Commerce and Tourism (MOICT) of the Kingdom of Bahrain have signed a Memorandum of Understanding today, with the objective to enhance trade and economic cooperation between Italy and Bahrain.
Agreements SACE SRV - 23 January 2020
SACE SIMEST, CDP Group’s export and internationalization Hub, has finalised an agreement for international debt collection activities with RINA. RINA is the primary global player active in the field of testing, inspection, certification, and engineering consultancy services in a wide range of sectors.