The Council for Trade and Investment Promotion (CTIP), an international non-profit organization based in New Jersey, executed last March 23, 2016 a “Cooperative Partnership Agreement” with China’s largest international Trade Promotion organization called China Council for the Promotion of International Trade (CCPIT) to promote trade and investments on a bilateral arrangements in accordance with existing Laws and Regulations of its respective countries.
Signing on behalf of CTIP in Beijing, China, is CTIP’s Member of the Board of Trustees and China Chapter President, Ms. Selina Luo. On the other hand, Mr. Yao Wang, Vice- Chairman of CCPIT signs the Agreement on behalf of his organization.
Mr. Wang, who is also the current President of China Friction and Sealing Materials Association (CFSM- http://www.cfsma.org.cn/en/NewsView.asp?ID=1597) has said that the signing of the Agreement with CTIP is consistent with the program of the country’s dynamic trade and investment promotion not only within China but also overseas.
Wang further said that CCPIT has been hosting several known trade conferences and exhibits all over China, among which the recent 2016 Concrete China held last March 17 to 19, 2016 at the famous China International Exhibition Center in Beijing, China, with co-organizers China Building Materials Federation (CBMF), China Concrete & Cement Products Association (CCPA) and the China Formwork and Scaffold Association (CFSA).
Mr. Fernando M. Sopot, the CTIP Charter President on the other hand said that the signing was a culmination of negotiations between its CTIP Chapter in China headed by Ms. Luo and CCTIP International Trade Director, Mr. Albert Li where CTIP has presented to its Chinese counterpart the plan of joint hosting of a Trade and Investment Conference and a Catalog Show in New Jersey sometime in late August, 2016 which will be followed by CTIP’s hosting of Trade Missions from China in September, 2016 where the Chinese Delegation will be attending a big Conference in Scottsdale, Arizona dubbed as the 34th SAE 2016 Brake Colloquium and Exhibition (http://www.sae.org/events/bce/).
Mr. Sopot likewise said that CCPIT is seriously considering establishing working arrangements with CTIP to promote Public-Private-Partnership (PPP) with strong participation from China, not only in the supply of building materials and equipments, but also possible investments on eligible PPP Infrastructure Projects overseas.
To begin with, Mr. Sopot said that Mr. Wang is looking at the possibility of participating in the PPP Institutes and PPP Research Centers, including PPP Center for Energy that CTIP has partnered with some Schools and Universities in Africa and in Latin American Countries.
- 23 Mar, 2016
- CTIP Administrator
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