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WHAT: The Hong Kong Trade Development Council (HKTDC) and the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) have signed a Memorandum of Understanding (MOU) to promote business opportunities in Hong Kong for US companies.  

WHEN: 2 June 2016.

WHO: Ralph Chow, HKTDC Regional Director, Americas, and Susan Au Allen, USPAACC National President and CEO, signed the MOU on mutual cooperation to create more business opportunities between Hong Kong and the US.

WHY: 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 USPAACC member companies entering Hong Kong, the Chinese mainland and other Asia-Pacific markets; and to use 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.

WHERE: The MOU was signed at the Asian American Chamber’s Summit in Atlanta, Georgia.

And You Can Quote Me: “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 delighted by this cooperative agreement, which is a stepping stone for greater growth in the years to come.” (Susan Au Allen, National President and CEO of USPAACC)

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