COMMITTEE OF LEGISLATIVE PROPOSALS OF PEOPLE'S POLITICAL ADVISORY COUNCIL OF CHINA VISITED THE GREAT STONE INDUSTRIAL PARK

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  • COMMITTEE OF LEGISLATIVE PROPOSALS OF PEOPLE'S POLITICAL ADVISORY COUNCIL OF CHINA VISITED THE GREAT STONE INDUSTRIAL PARK

On July 06, 2018 Mr. Yaroshenko, A.G., the Head of the Industrial Park Administration, Mr. Li Haixin, General Director of the Industrial Park Development Company, CJSC and the committee of legislative proposals of the People's Political Consultative Council of China met on the territory of the Industrial Park.

The delegation visited the show room and got acquainted with the history and development of the project. Ms. Lui Zhongmei, the Head of the delegation, was provided with information on the quantitative and qualitative composition of the residents of the Park, and she also expressed a great interest concerning the growing number of European investors.

Negotiations between Mr. Yaroshenko, A.G. the Head of the Industrial Park Administration and Mr. Li Haixin, General Director of the Industrial Park Development Company, CJSC were held in the office of the Joint Company. The parties discussed issues concerning the mechanism to resolve investment risks within the framework of the One Way – One Road Initiative. During the negotiations, Ms. Lui Zhongmei, the Head of the delegation, noted that in recent years, as the development of uncontrolled investment activities and the globalization of the economy have developed, investment disputes are increasingly emerging. The China Belarus Industrial Park, being the largest foreign project, attracts investments from all over the world, and in order to avoid the emergence of investment disputes, we need jointly study the issues of creating response mechanism. Mr. Yaroshenko, A.G., the Head of the Industrial Park Administration and Mr. Li Haixin, General Director of the Industrial Park Development Company, CJSC agreed with her idea.

Mr. Hu Haihua, the General Director of MAZ-Weichai, LLC, and Mr. Chen Zycheng, the project manager of ZOOMLION Belarus, Ltd also participated in the negotiations.