Jan 4, 2025, 10:40 AM
Jan 4, 2025, 2:59 AM

Embassy of North Macedonia in China wins prestigious global award for economic cooperation

Highlights
  • The Embassy of North Macedonia in China is recognized for its contributions to bilateral economic cooperation with China.
  • It organized various economic forums and participated in significant trade fairs to promote North Macedonian enterprises.
  • Winning the Global Fred Award highlights its successful efforts and commitment to strengthening economic ties.
Story

In January 2025, the Embassy of North Macedonia located in China was awarded the Global Fred International Economic Cooperation Award for its significant efforts in promoting bilateral economic ties between North Macedonia and China. The award recognized the embassy’s proactive approach in fostering economic interactions that facilitate mutual benefits and create win-win scenarios for both countries involved. Through various initiatives and events, the embassy highlighted its commitment to strengthening relationships that would benefit economic development. Among the activities organized by the embassy to encourage cooperation are economic forums and cultural exchanges, which help businesses from both nations better understand each other’s markets. One notable event mentioned is the North Macedonia Economic Cooperation and Cultural Exchange Forum conducted in Beijing, which occurred in October 2024. This forum served as a platform for enterprises to interact, share knowledge, and explore investment opportunities. By participating in significant trade fairs, such as the 14th China International Fair for Investment and Cooperation, the embassy demonstrated its dedication to exposing North Macedonian businesses to the Chinese market, particularly in sectors like infrastructure, energy, and education. In addition to promoting trade, the embassy played a vital role in enhancing policy communications between the two governments. It worked to align policies concerning trade, investment, and taxation, creating a more stable environment for businesses to navigate and thrive within. North Macedonia has seen China become its fourth-largest trading partner, reflecting the productive bilateral relationship. The embassy’s initiatives have aimed at optimizing trade structures and encouraging cooperation in high-tech products and agricultural sectors, contributing to the growth of both economies. Cultural connections have also been prioritized to solidify the foundations of economic collaboration. The development of educational institutions, such as the China-North Macedonia Friendship Primary School, exemplifies this effort. Besides educational projects, the embassy promoted cultural exchanges through festivals and art exhibitions that foster social ties between the two nations. Winning the Global Fred Award serves as a testament to the successful activities deployed by the embassy and encourages continued contributions towards strengthening economic relations between North Macedonia and China in the future.

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