NINGBO MORE KASI TRADING CO.,LTD

China signed with Serbia

According to the Russian satellite news agency website reported on December 12, the People’s Bank of China said on the 11th that recently, the People’s Bank of China and the Central Bank of Serbia signed a memorandum of cooperation on the establishment of RMB clearing arrangements in Serbia.

According to the report, the establishment of RMB clearing arrangements in Serbia will help enterprises and financial institutions of China and Serbia to use RMB for cross-border transactions and further promote bilateral trade and investment facilitation.