Jamaica to host 'Doing Business with China'

Published: Friday | July 6, 2012 Comments 0

A forum on the scope for enhanced trade and investment linkages between Jamaica and the People's Republic of China is scheduled for Wednesday, July 11 at the Wyndham Kingston hotel in New Kingston. Titled 'Doing Business with China', the forum aims to familiarise Jamaican firms with the range of opportunities that exist to trade goods and services with one of the world's most dynamic economies.

The event is being organised by the Jamaica-China Friendship Association in partnership with the Embassy of the People's Republic of China to Jamaica. Speakers, who will address both general and specific areas to be considered in the process of initiating or expanding trade and investment linkages, will include the Chinese ambassador to Jamaica, H.E. Zheng Qingdian; Minister of Transport, Works and Housing Omar Davies, Minister of Industry, Investment and Commerce Anthony Hylton, and principal of the University of the West Indies, Mona, Professor Gordon Shirley. Other speakers will include officials of the Chinese Embassy in Jamaica as well as representatives of Jamaican firms that have done business with China.

According to Fay Pickersgill, president of the Jamaica-China Friendship Association, the staging of 'Doing Business with China' is an acknowledgement of the fact that China has become one of the leading sources of foreign direct investment (FDI) throughout the industrialising and developing world. "As the leading economies of the west have reduced or re-directed their FDI, China continues to make major investments all across the world; therefore, Jamaica needs to position itself to maximise potential opportunities," she observed.

The forum, which is free of cost and open to the public commences at 9 a.m. and concludes at noon.

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