FKA advised China Council for the Promotion of International Trade

On 20 June 2016 the representative Office of the China Council for the Promotion of International Trade was opened. The inauguration coincided with the visit of the President of Republic of China, Mr Xi Jinpinga, to Poland in relation to his participation in the Poland-China Business Forum. The opening was accompanied with the signing of a cooperation agreement between CCPIT and the Polish Information and Foreign Investment Agency (PAIZ).

The FKA team, supervised by Tadeusz Komosa, head of the Corporate and M&A practice and Mariusz Aleksandrowicz, head of the Tax practice advised on the legal and tax aspects of establishing a representative office in Poland. The team also included: Barbara Załęcka (legal advisor) and Marta Ignasiak (tax advisor).

The launch of operations of the China Council for the Promotion of International Trade will favour the implementation of infrastructure projects (for example, projects connected with the New Silk Road in Łódź and the cargo port In Gdańsk) as well as commercial projects (for example the business cooperation between: Jiangsu Lantian Aerospace Industrial Park - ORKA and Bejera Restrukturyzacje; Polfarmex - Tongyuan Pharmaceutical Corporation; Maspex - Beingmate Baby & Child Food Co., Ltd.; and Chinatex Corporation - Mlekpol).

The China Council for the Promotion of International Trade was founded in 1952 and its purpose is to develop business relationships and exchanges with foreign countries. In China, the Council coordinates the operation of 50 territorial offices and 21 branch offices. It has also established a network of 17 representative foreign offices, among others:  in France, Germany, Belgium, Italy, UK, Canada, Australia, USA, Mexico, Japan and now in Poland.