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Čadež in Beijing: Chamber of Commerce and Industry of Serbia Joins ILSTC Corridor Alliance

Nov 26, 2024

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Today in Beijing, the Alliance of Chambers of Commerce for the New International Land-Sea Trade Corridor (ILSTC), which connects Western China with Southeast Asia and Europe, was officially established. The Chamber of Commerce and Industry of Serbia (CCIS) is one of the co-founders and members of this alliance. The ILSTC Alliance comprises over 20 national chambers of commerce and industry, spanning from the Philippines to Indonesia.

"Let us not only bring together businesspeople to facilitate trade along the corridor, but also unite individuals to collaborate on innovative ideas. Let's establish a shared platform for startups from all our countries, particularly those focused on new technologies in the logistics sector,” stated Čadež. The CCIS president made this remark during his address at the inauguration ceremony of the Alliance, which was part of the opening of the second China International Supply Chain Expo (CISCE) in Beijing..

Čadež recalled that a founding meeting of the Alliance’s member chambers of commerce took place in China a month ago. During this meeting, participants agreed to collaborate on improving trade, logistics, and transportation. The Serbian side proposed the creation of an "Alliance of Ideas" aimed at connecting innovative companies from the member countries.

“We have invited all member countries to organize a major gathering in Belgrade next year, bringing together companies from across the corridor and representatives of institutions managing the corridor. The aim is to develop a robust platform for exchanging ideas and to connect more than 400 startup parks, accelerators, research, and development centers,” Čadež stated.

He emphasized that the focus should no longer be solely on transporting goods from one point to another but on leveraging the opportunities provided by new technologies.

“We need to collectively profit from new technologies and ideas that will enhance transportation and logistics, making the corridor’s functioning more accessible and technologically advanced, perhaps more than anywhere else in the world,” Čadež said.

During the day, Čadež toured the CISCE, which runs from November 26–28 in Beijing. The event features over 300 companies from more than 50 countries and is organized by the China Council for the Promotion of International Trade (CCPIT) and the Chinese government.

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