Abstract : The People's Bank of China (PBOC) and the National Bank of Serbia have signed a memorandum of understanding (MoU) on establishing yuan clearing arrangements in Serbia, the PBOC said in a statement Monday.
File photo shows an exterior view of the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)
BEIJING, Dec. 11 (Xinhua) -- The People's Bank of China (PBOC) and the National Bank of Serbia have signed a memorandum of understanding (MoU) on establishing yuan clearing arrangements in Serbia, the PBOC said in a statement Monday.
The move will help enterprises and financial institutions of the two countries to use yuan for cross-border transactions and further promote bilateral trade and investment facilitation, it added.
You have no permission, please apply to open itYou have no permission, please apply to open it.
A single purchase
This is paid content
Click below to buy
Buy a single article, unlock more content
Scan the QR code and push it to your mobile phone
You've accessed an article available only to subscribers
Keyword:
China
Serbia
MoU
Financial Str. Release
yuan clearing arrangements
