A business meeting on investment cooperation of the Sichuan Association in the Russian Federation and CIS countries and the Yenisey Siberia regions was held via video conferencing. The meeting brought together the representatives of the Yenisey Siberia Development Corporation, the Sichuan Association in the Russian Federation and CIS countries and Novoangarsk Mining and Beneficiation Complex LLC.
The participants of the meeting discussed the possibility of cooperation between the Yenisey Siberia Development Corporation together with the Sichuan Association and its members with Novoangarsk Mining and Beneficiation Complex LLC, Sorsk Mining and Processing Plant LLC and MC Intergeo LLC.
According to the President of the Sichuan Association Zeng Aiguo, many Chinese smelters are interested in supplying copper, lead, zinc concentrates, battery metals and are ready to purchase large volumes of products from the Yenisey Siberia regions. Novoangarsk Mining and Beneficiation Complex LLC will send concrete proposals to the Association.
The meeting participants discussed in detail cooperation in the field of wood processing, in particular, they highly appreciated the potential for the construction of transport and logistics centers and wood waste recycling enterprises in the Krasnoyarsk Territory with the participation of Chinese businesses.
The representatives of the Corporation invited the Sichuan partners to take part in several promising investment projects. The most interesting projects for Chinese investors were projects in the field of mineral products and the production of battery metals.
It is worth reminding that in September 2020, the Yenisey Siberia Development Corporation and the Sichuan Association in the Russian Federation signed a memorandum of cooperation. The parties will continue to further cooperate and maintain a congenial investment climate between the two countries. It is envisaged that the meetings with Chinese companies and companies participating in the Yenisey Siberia CIP to discuss mutually beneficial terms of cooperation will soon be held.
Sichuan is a landlocked province in Southwest China. The Sichuan Association in the Russian Federation and CIS countries started building business relationships with Russia back in 1992. In 2019, Russia and China agreed on a new stage of strategic interaction and defined a cooperation plan for 2020-2021. In the same year, the Commerce and Industry Chambers of the Chinese Province of Sichuan established a representative office in Russia. The Representative Office aims to strengthen interaction with the Russian side to exchange data on project implementation and improve the investment climate. The Association numbers over 4,000 Chinese companies and organizations in the fields of forestry, woodworking, agriculture, construction, electrical equipment manufacturing, export trade, etc.