ISLAMABAD
The Belt and Road Economic and Trade Center (BRETC), a strategic initiative by IBI International Group, was inaugurated in Changshu city, Suzhou, marking a milestone in enhancing economic and trade collaboration among Belt and Road countries.
The center aims to serve as a one-stop platform for trade, investment and cultural exchanges, facilitating deeper integration between China and partner countries, China Economic Net reported.
Once put into operation, BRETC will offer comprehensive solutions spanning bilateral bulk trade, supply chain management, engineering procurement and construction (EPC), transfer-operate-transfer (TOT) projects, production line setup and financing services for both business-to-business (B2B) and business-to-government (B2G) engagements.
Among its core objectives are facilitating joint ventures, providing project and trade financing, and helping partner countries access China’s market. The center features dedicated country display zones and liaison offices for key partners, including Pakistan, Jordan, Nigeria and others. Khalil Hashmi, Pakistan’s Ambassador to China, described BRETC as an initiative that embodies connectivity, collaboration and practical opportunities.
