UNIDO, Bank of China partnership for SMEs

A delegation from the Bank of China (BOC) led by Executive Vice-President Liu Qiang met today with LI Yong, the Director General of the United Nations Industrial Development Organisation (UNIDO) in Vienna to explore joint activities and discuss partnership modalities, with a particular focus on supporting the growth of small- and medium-sized enterprises (SMEs).

Today’s meeting followed up on the Joint Declaration to promote Inclusive and Sustainable Industrial Development (ISID), which was signed by both parties during UNIDO’s 50th Anniversary celebrations in November 2016.

“2017 is a year of targeted actions for UNIDO, during which we will focus on implementing concrete activities in our strategic priorities.

“I am confident that our partnership with the Bank of China will help us support countries achieve the Sustainable Development Goals,” said Li.

A workshop was held to allow both entities to gain a better understanding of their respective areas of expertise and identify concrete projects for collaboration.

UNIDO’s senior management presented the Organisation’s key activities related to investment promotion and SME development, and BOC representatives presented the Bank’s global SME matchmaking service.

“Improving access to finance, technology and market for SMEs through cross-border collaboration is one of BOC’s priorities and is an area where we see cooperation with UNIDO as having a huge potential,” said Liu.

As the next step, the two parties will develop concrete proposals for joint activities.

For more information, please contact: ZHAO Jie UNIDO Industrial Development Officer email j.zhao@unido.org

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