Shanghai’s Lujiazui Financial City Council and the Association of Banking and Financial Executives of Hellenic Shipping recently signed a strategic cooperation agreement in shipping finance. This agreement was made through an online event and will pave the way for the creation of a communication network between shipping companies and financial institutions from both international shipping centers. The agreement symbolizes the lasting collaboration and strong bond between the two maritime centers and is a testament to the immense potential for financial cooperation between China and Greece.
Representatives from both sides signed the agreement, with Huang Hongyuan, representative of the chairman unit of the Lujiazui Financial City Council and Vice President of the Bank of Communications in China, and George Xiradakis, President of the Association of Banking and Financial Executives of Hellenic Shipping in Greece. The signing of the agreement marks a new era in the international shipping financial system, as both sides work towards leveraging complementary advantages and those provided by the Belt and Road Initiative to promote collaboration in finance, trade, and other areas.
Huang expressed his confidence that this agreement will drive growth in the shipping industry on both sides, with Shanghai acting as a hub for a wide range of financial products and services. He emphasized the untapped potential for financial cooperation between China and Greece and believes that the creation of a China-Greece financial “Silk Road” will drive growth and development in the shipping industry.
George Xiradakis shared the same sentiment, expressing his hope that this agreement will lead to increased collaboration in finance, trade, and other areas between China and Greece. He believes that the international shipping financial system will greatly benefit from this partnership and that it will open doors to new opportunities for shipping companies and financial institutions in both countries.
In conclusion, the signing of the strategic cooperation agreement between Shanghai’s Lujiazui Financial City Council and the Association of Banking and Financial Executives of Hellenic Shipping marks a new era in the international shipping financial system. This partnership is a testament to the immense potential for financial cooperation between China and Greece and will drive growth and development in the shipping industry. The creation of a communication network between shipping companies and financial institutions will promote collaboration in finance, trade, and other areas, leading to a brighter future for both countries.