Latin American Chamber of Commerce, Singapore, and Asia Pacific Chamber of Commerce, forge stronger ties with the signing of a memorandum of understanding.
Date: June 18th, 2020
Latin American Chamber of Commerce, Singapore, and Asia Pacific Chamber of Commerce, forge stronger ties with the signing of a memorandum of understanding.
SINGAPORE — The Latin American Chamber of Commerce Singapore (LatAmCham) and Asia Pacific Chamber of Commerce have formalized their commitment to enhance bilateral cooperation through the signing of a Memorandum of Understanding (MOU). The signing ceremony took place on June 18th, 2020, in Singapore, marking a pivotal moment in the collaboration between these two influential organizations.
Representatives from LatAmCham, led by Angela Torres H., CEO & Founder of LatAmCham, and Asia Pacific Chamber of Commerce, represented by Alexander Mora Delgado, President of Asia Pacific Chamber of Commerce, gathered at the signing ceremony to solidify the partnership.
The MOU signifies a commitment to strengthen economic and trade relations between Singapore and Costa Rica, with a particular focus on fostering cooperation across industries. Key components of the agreement include:
Market Access and Trade Facilitation: LatAmCham and the Asia Pacific Chamber of Commerce will collaborate to identify and explore avenues for expanding market access for Costa Rican companies in Singapore and the broader Southeast Asian region. Efforts will be made to streamline trade processes and facilitate the exchange of relevant market information.
Business Networking and Promotion: The agreement emphasizes the importance of creating opportunities for businesses from both regions to connect and collaborate. Joint initiatives such as trade missions, business forums, and promotional events will be organized to facilitate networking and partnership-building.
Research and Development: LatAmCham and the Asia Pacific Chamber of Commerce will explore collaborative efforts in research and development to enhance the quality and competitiveness of Costa Rican companies in the Singaporean market. This includes knowledge-sharing, technology transfer, and joint projects aimed at improving commercial practices.
The signing of the MOU between LatAmCham and the Asia Pacific Chamber of Commerce represents a significant step forward in fostering economic ties and promoting collaboration between Singapore and Costa Rica. Both organizations are committed to leveraging this partnership to create new opportunities for businesses and contribute to the growth of the fruit industry in the Southeast Asian region.