The first China International Import Expo (CIIE) was held in Shanghai from Nov 5th to 10th. Sinopec Group participated the Expo and held the Trade Delegation’s Procurement Demand Coordination and Signing Ceremony, as well as the signing ceremony of Strategic Cooperation Agreement between Brazilian Trade and Investment Promotion Agency (Apex-Brasil) and Epec.
Mr. Zhongyun Liu, the vice general manager of Sinopec Corp. attended two events and made speech. Sinopec has signed Letter of Intent Purchase on crude oil, chemical product, electromechanical equipment, coal and materials etc., the amount of signed Letter of Intent Purchase totaled 45.6 billion CNY.
Subsequently, Epec.com, Sinopec’s e-commerce platform for industrial products, held the signing ceremony of Strategic Cooperation Agreement with Apex-Brasil.
The two parties agreed to sign a memorandum of strategic cooperation during the CIIE to establish a cooperative partnership, and jointly promote quality products and services of Brazil and expand export trade opportunities of Brazilian enterprises in China through Epec.com. In 2017, Epec was endorsed as the e-commerce platform of industrial products for BRICS countries by the BRICS Business Council.