On October 1, CLS and the Pilot Free Trade Zone of Xiamen Area Administrative Committee of China (Fujian) entered into a Memorandum of Strategic Cooperation.

The Pilot Free Trade Zone in China is a special territory where international economic and trade standards are tested. In Xiamen City, such a zone has existed since 2015 and includes 4 areas: government, financial, legal and human resources services. The Maritime Silk Road Central Legal District helps to strengthen commercial ties between China and the BRICS countries.

The partnership with Xiamen Pilot Zone not only provides CLS with access to the BRICS trade integration platform, but also opens up opportunities for collaboration with Chinese clients. Among other things, there are plans to organize legal forums, training and business events jointly with local law firms.

This agreement allows all of us to become part of China's international One Belt, One Road initiative, China's largest project aimed at creating three economic corridors connecting 148 countries.

The signed memorandum gives you – our clients, access to new business connections, creates more opportunities for successfully entering the Chinese market and implementing international projects. Our team will be happy to assist you with your business planning and development in new markets.