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WTCM AND ITS ARBITRATION CENTER SIGNSCOOPERATION AGREEMENTS WITH CCOIC AND GZAC

    World Trade Center Macau (WTCM) and its Arbitration Center concluded cooperation agreements with Guangzhou Chamber of Commerce of the China Chamber of International Commerce (CCOIC) and Guangzhou Arbitration Commission (GZAC) on October 15, 2009 to strengthen ties between Guangzhou and Macau.

The agreements included a Memorandum of Understanding signed by Alberto Marl, President of the Executive Committee of WTCM and Chen Kewen, Deputy-President of Guangzhou Chamber of Commerce of CCOIC and an arbitration cooperation agreement signed by Vitor Ng, President of the General Council of WTCM's Arbitration Center and Li Lizhi, Vice-Director of GZAC.

Speaking at the agreement signing ceremony, Marl expressed gratitude to the CCOIC Guangzhou Chamber of Commerce and GZAC for their support. He believed that with the advantages of the two parties and a comprehensive cooperation mechanism, formal communication and cooperation channels can be established. He also believed that Macau and Guangzhou can learn from each other's experiences to cope with future development and promote economic and trade relations. At the same time, the agreements also promoted cooperation between Guangzhou and Macau to create prosperity.

Apart from guests from Guangzhou, leaders of Macau's commercial and industrial sectors, directors, arbitrators and conciliators of WTCM and also members of the Board of Dirctors attended the signing ceremony.

 

WTCM ATTENDS WORLD ATA CARNET COUNCIL'S MEETING

    Alberto Marçãl, President of the Executive Committee of World Trade Center Macau (WTCM) and Vong Kok Seng, Vice-President of the Board of Directors of Macau Chamber of Commerce attended the annual World ATA Carnet Council (WATAC)'s meeting and the 6th World Chambers Congress organized by ICC in Malaysia from June 1 to 5 this year.

A total of 104 countries and regions, including 20 representatives from China, Britain, Switzerland, Singapore, Malaysia, Hong Kong and Macau, attended the WATAC's meeting this year. The event strengthens the communication between the member states of international ATA Carnet organizations, who shared with each other the problems they encountered during the implementation of the system and the effects of the financial tsunami on the issue of ATA Carnets.

At present, 66 countries and regions have participated in the ATA Carnet system. In 2008, a total of 165,000 carnets were issued worldwide amounting to nearly 20 billion US dollars of goods. The duty-free system of ATA Carnet simplifies the procedures of import and export clearance and enables different goods to enter the 65 member states of the ATA Carnet system more conveniently. The ATA Carnet system, if officially implemented, will not only create a more attractive business environment for Macau, but will also enable Macau Customs to more effectively implement its temporary admission arrangements.

 

THE 3RD GREATER CHINA ARBITRATION FORUM CONFERENCE

    As one of the founding members of Greater China Arbitration Forum (GCAF), Alberto Mar l, Vice-President of the World Trade Center Macau Arbitration Center and Ivan Fong Kin Fao, the Secretary-General attended the 3rd Greater China Arbitration Forum Conference at the Grand Hotel, Taiwan on August 28, 2009.

At the conference, Mr Fong gave a speech on "The Development Progress of Macau's Arbitration Profession".

The conference was attended by representatives from Beijing, Taipei, Taichung, Guangzhou, Hong Kong and Macau. Different arbitration centres exchanged experience in dealing with arbitration matters.

 

WTC OF GREATER PHILADELPHIA'S MISSION VISITS WTC MACAU

    A trade mission of the World Trade Center of Greater Philadelphia (WTCGP), headed by Andrea Townrow, Manager of the Business Development and Dino Ramos, Director of Trade Services, visited WTC Macau on March 26, 2009 and held luncheon at the WTC Macau Business Executive Club with a group of MBA students of Lebow College, Drexel University on study tour.

During the luncheon, Wendy Wong, of Macau's Gaming Inspection and Coordination Bureau gave a briefing on the gaming industry in Macau. All participants left with a lasting memory of the true spirit of international business and the vibrancy of Macau's economy, an emblem of the exciting of Asia.

The trade mission is a part of WTCGP's Export for Scholars program, an educational initiative to leverage the international expertise and connections of university students in order to broaden their exposure to challenges and opportunities in the global market.

 


     

World Trade Center Macau,S.A.R.L.
Av. da Amizade, No.918
World Trade Center Building, 16th Floor, MACAU
Tel : (853) 727666   Fax : (853) 727633

E-mail : wtcmc@macau.ctm.net