Hong Kong Trade Development Council and USPAACC Sign Memorandum of Understanding to Boost Business Ties

Hong Kong Trade Development Council and USPAACC Sign Memorandum of Understanding to Boost Business Ties 6 June 2016 - The Hong Kong Trade Development Council (HKTDC) and the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) signed a Memorandum of Understanding (MOU) at the Asian American Chamber’s Summit in Atlanta, United States, on 2 June, 2016. Through the MOU, the HKTDC and the USPAACC express their intent to cooperate on bilateral promotional activities. The partnership aims to leverage Hong Kong’s strategic regional position as a commercial, financial, logistics, business services, and trade fair capital to significantly increase the number of member companies and business connections for USPAACC and HKTDC into Hong Kong, the Chinese mainland and other Asia-Pacific market; and to utilize USPAACC’s unique platform that connects contract and other business opportunities in Fortune 100 corporations, United States federal, state and local governments, and large non-profit organisations, to suppliers of products and services worldwide. After the signing, Ralph Chow, Regional Director, Americas, HKTDC, said: “As a business services hub, Hong Kong is the most effective platform for American business to expand to Asia and capture the growth potential in the region.” Susan Au Allen, National President and CEO of USPAACC said: “Hong Kong is strategically located in the heart of Asia, and has all the resources that American business, large, medium and small, need to tap into and expand their reach into the most prosperous trade bloc in the world. We are simply delighted by this cooperative agreement, which is a stepping stone for greater growth in the years to come.”

Ralph Chow, Regional Director, Americas, HKTDC (seated, left) and Susan Au Allen, National President and CEO, USPAACC (seated, right) during the signing of the MOU on mutual cooperation in creating more business opportunities between Hong Kong and USPAACC, together with USPAACC executive team