LUCKNOW: World Trade Center (WTC) Noida, the regions' premier trade and investment facilitation organisation, has signed a memorandum of cooperation (MoC) with the China Association of Small and Medium Enterprises (CASME). The MoC aims towards creating various trade and investment opportunities for Chinese enterprises willing to explore the Indian market.The collaboration between both the parties will focus on the development of integrated industrial parks also coherently to provide impetus to the manufacturing and services sector across the DMIC corridor. It will also endeavour towards establishing technology parks/ zones, a Smart City Zone , business centres, dedicated desks and skill development and training center to provide wide range of trade services.Commenting on the new collaboration, the executive director of WTC Noida, Khair Ull Nissa Sheikh said, "The tie-up will reinforce surge of foreign investments in DMIC Hubs, especially in Uttar Pradesh . It will also help state to become one of the most prominent states in enhancing manufacturing sectors and simultaneously giving a major thrust to GOI 's 'Make in India' and 'new India' initiatives. She also exemplified the role of WTC Noida and asserted that the organisation will continuously work towards promoting the region and the state of UP through meaningful tie-ups which would lead to investment as well as job creation.Executive president of CASME Group , Jun Shao envisaged for a boost in trade and economic relations through this MoC. He said, "This collaboration will further strengthen India China cooperation and investment from Chinese enterprises will boost the manufacturing sector. It will also prove to be a huge to stimulate cross border trade and investment relation between the two fastest developing nations of the world."This MoC will also help in providing various end-to-end services, especially trade and matchmaking services to the SMEs , so as to continue the momentum and work towards cohesive development and smoothening the process of business and investment between the two countries. World Trade Center Noida is one of the largest WTCs of the elite global network; a network that creates a positive impact on regional and international business, and brings together both government and private bodies to facilitate the smoother flow of business.

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