Taking the International Trade Facilitation of Cold Chain Products in Western China to Another Level

  Published on 30 July, 2019

Taking the International Trade Facilitation of Cold Chain Products in Western China to Another Level

  Published on 30 July, 2019

Taking the International Trade Facilitation of Cold Chain Products in Western China to Another Level

  Published on 30 July, 2019

Taking the International Trade Facilitation of Cold Chain Products in Western China to Another Level

  Published on 30 July, 2019

VCC and Andao Yilian (Chongqing) Supply Chain Management Teamed Up to Build a Sino-Singapore International Cold Chain Products Trade Platform

On the 25th of July 2019, the Memorandum of Understanding (MOU) was signed between DeClout Investments and Andao Yilian (Chongqing) Supply Chain Management Pte. Co., to cooperate and build a Sino-Singapore international cold chain product trading platform.

The goal of this platform is to improve the level of international trade facilitation of cold chain products in western China and to provide a convenient channel for high-quality seafood and speciality agricultural products of Southeast Asia to enter the western China market.

As part of the collaboration agreement, portfolio company of DeClout, vCargo Cloud will connect the SeafoodXchange platform to the new Sino-Singapore international cold chain product trading platform to provide quality seafood from global sources. Our trade facilitation capabilities and expertise in cross-border trade will also be a value-add to this new platform development.

The Sino-Singapore international cold chain product trading platform will provide B2B cross-border seafood buying and selling and other trade-related supporting services for seafood traders in Chongqing and the western region. The features of this new platform include cross-border logistics, cross-border payment, financing, insurance, customs declaration and other third-party services. At the technical level, the platform uses blockchain, big data and other technologies which will enable data monitoring and cold chain multimodal transport services to be monitored, traceable and therefore increase the efficiency.

We are excited and optimistic about the growing potential of this platform and its ability to meet the growing needs of Chinese consumers, and we firmly believe that this cooperation will continue to strengthen trade between the Singapore and China and Southeast Asia.

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Signing ceremony between DeClout Investments, represented Mr Lim Swee Yong, CEO of DeClout Investments, and Andao Yilian (Chongqing) Technology Pte. Co.

Mr Desmond Tay, CEO of vCargo Cloud, speaking to the guests at the ceremony, to introduce about VCC and our SeafoodXchange platform

VCC team, together with seafood traders from Singapore, visited the seafood distribution centre in China