Prime Minister Freundel Stuart met recently with a delegation from the China Export & Credit Insurance Corporation and the Beijing Urban Construction Group Co. Ltd., who were here to continue discussions on financing projects in the Carlisle Bay Area.
Mr. Stuart told the group that the Carlisle Bay Area meant a lot to the island. Describing the area as ???fertile with opportunities???, he said he was pleased China was interested in the project.
He continued: ???I hope what you have seen and heard show you that doing business with Barbados is a reliable undertaking.???
Those meeting with the Prime Minister at Government Headquarters were: China Export & Credit Insurance Corporation???s Assistant General Manager, Wu Han; Deputy Division Manager, Cheng Tao; Client Manager, Qu Xiaopeng; as well as Vice President of Beijing Urban Construction Group Co. Ltd, Linda Ding; and General Manager, Zheng Xiao Fan.
Also in attendance were Permanent Secretary in the Prime Minister???s Office, Sonja Welch; and Chief Executive Officer of the Barbados Tourism Investment Inc., Stuart Layne.
Mr. Stuart reminded the business people that Barbados has had a long relationship with China, dating back from 1977. Stressing that the decision taken at that time was a bold one, he pointed out that relations between the two countries had grown significantly, and said he looked forward to doing business with the officials.
Mr. Wu said the delegation was keenly interested in implementing other projects in Barbados.