An agreement with the Hong Kong Trade Development Council (HKTDC) will help Australian companies “take their business international”, according to the Export Council of Australia (ECA).
A Memorandum of Understanding (MOU) to promote trade, investment, innovation and SME cooperation between Australia and Hong Kong was signed by the two parties on Tuesday.
The MOU is said to be a commitment to co-operate and share information on important economic and trade issues, where possible, to improve trade related opportunities between the two countries.
“We are delighted to foster this relationship with HKTDC, a like-minded entity,” said ECA’s CEO Lisa McAuley .
“Joint promotion efforts through marketing and awareness-raising efforts, joint participation in event programs, and creating a referral network are just some of the benefits of this partnership.
“The ECA is a strong advocate for Australian trade and helping to build the capacity and capabilities of Australia companies to take their business international.”
Representatives from the Hong Kong Australia Business Association including NSW Chapter President Kevin Chung, and National Vice President, Jonathan Yee also attended the signing.
“HKTDC and ECA share the common goal of promoting and facilitating international trade. Our services are complementary,” said Bonnie Shek, director of HKTDC.
“Through the MOU, we hope to strengthen our relationship and enhance further collaboration.”