Program for 2025
The Fund for Regional Development of Chinese-Armenian Relations (the Fund) and its subsidiary in China, “Armenia China (Sichuan) Business Services Co., Ltd” (AC), have conducted extensive work addressing a number of urgent issues.
In these challenging times, we are contributing to the strengthening of economic relations between China, Armenia, and Russia.
The Fund has established partnerships with the Russian bank PJSC "Center-Invest" (www.centrinvest.ru) and signed a cooperation agreement（refer to the images at the end of the article）.The Fund has facilitated the establishment of correspondent banking relationships between its partner bank in Armenia, Unibank (www.unibank.am) and PJSC "Center-Invest." Additionally, the Fund has strengthened relations with its Chinese banking partner, Industrial and Commercial Bank of China (ICBC), where AC has opened a special investment account, FDI account.
The Fund's plans for 2025 (significant preliminary work has been completed) include:
--Issuance of Panda Bonds (secured bonds) amounting to approximately 120 million USD;
--Opening Traditional Chinese Medicine Centers in Armenia and Russia;
--Attracting financing for the establishment of new production facilities in Armenia and China;
--Attracting investors for manufacturers in Armenia and Russia;
--Attracting manufacturers, specialists, and trainees to Hainan (China) using the company "Hainan Trade Industrial Co., Ltd.," which is owned by the Fund;
--Attracting insurance, leasing companies, and major manufacturers using the company "Beijing Daxing Trade Information Consulting Co., Ltd.," which is owned by the Fund;
--Securing preferential financing from European and Hong Kong partners of the Fund.