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On 13 June, at 10 a.m., the first meeting on international financial cooperation took place at the headquarters of the Chouzhou Commercial Bank

On 13 June, at 10 a.m., the first meeting on international financial cooperation took place at the headquarters of the Chouzhou Commercial Bank

The meeting was attended by:

Dr. Sergey Avanesov, President and CEO of  Fund  of  Regional Development China-Armenia

Ms. He Jinlin,Vice President of International Business Department of Zhejiang Chouzhou Commercial Bank,

Mr. Lou Jian, Manager of International Business Department of Zhejiang Chouzhou Commercial Bank

Mr. Qi Jinchaoform Fund partner Guangzhou Jintu Investment Co., LTD.

 Mr. Chen Bin, General manager of Armenia China (Sichuan) Business Service Co., LTD

And other financial friends

Both parties agree:

1. An agreement was reached between the Foundation and Mr. Qi Jinchao of Guangzhou Jintu Investment Co., LTD., a partner of the foundation, to allow the opening of an account without the presence of a client, which is a legal entity. Chouzhou Commercial Bank recognizes this opportunity and will provide full assistance to the Foundation together with its partners.

2. The Fund and its partners agree to enter into a Joint Activities Agreement with Chouzhou Bank to cooperate extensively in the establishment of new correspondent banking relationships and the utilization of existing correspondent banking relationships.

3. The Fund partners will ensure that the communication between the Fund and Chouzhou Bank is smooth and effective, and on this basis, we can cooperate with Chouzhou Commercial Bank step by step. Open current accounts in multiple currencies at Chouzhou Commercial Bank, including ruble and USD as well as RMB. We can then go further and demand comprehensive banking solutions that include cash, bonds, and other financial, Treasury, and cash management products.