In accordance with the MoU, CBEX and MSEP will communicate, exchange, and cooperate with each other to facilitate the bilateral investment, financing and trade cooperation and achieve common development on this basis in the future.
The MoU establishes a formalized framework to promote greater co-operation and information sharing between CBEX and MSEP. It creates a platform to foster greater interaction between the two organizations and opens up more opportunities for organizing joint projects in areas of mutual interest. The MoU signing had strengthens the bilateral relations between CBEX and MSEP.
Chairman of CBEX, Mr. Xiong Yan said, “A great deal of experience CBEX has obtained, the sophisticated operation system and cooperate structure CBEX has implemented, the advanced technology CBEX has adapted, the professional personnel CBEX has possessed and the renowned reputation CBEX has gained will all enable CBEX to better partner MSEP to share knowledge and experience and increase the awareness of trading. We would like to explore further collaborative opportunities with our Zimbabwean partner, particularly in equity exchange’s development”
Minister of MSEP said, “MSEP is mandated by the Zimbabwean Government to review policies, provide standards and procedures to ensure compliance and continuous improvement to good corporate governance and performance of state enterprises and parastatals. The delegation of MSEP was impressed by CBEX’s well organized operation system, corporation structure, advanced technology and unparalleled market role. Signing the MoU will strengthen ties between both parties to further facilitate and enhance collaborative efforts, particularly in the sharing of knowledge and experiences, as well as joint activities at the national and international level. ”