HK's Dandong join South Carolina in mutual port promotion

SOUTH Carolina State Ports Authority (SCSPA) and Hong Kong's Dandong Port Group with mainland port assets, have signed a cooperative agreement in an effort to boost trade between the ports, particularly, in agricultural commodities.


The accord was signed during a visit by representatives from the Dandong Port Group to the Port of Charleston to discuss ways to generate new business connections and better partner in infrastructure development, a statement from the SCSPA said.


The Memorandum of Understanding (MoU) outlines a number of joint initiatives the two parties may undertake to promote trade between their respective port facilities, including joint marketing, business development efforts and other information sharing.


"China is clearly a growing trading partner of our port with many opportunities for trade growth, particularly, on the export side," said Jim Newsome, president and CEO of the SCSPA. "This agreement formalises our cooperation in building ties between our two nations and between our ports."


Said Dandong chairman Wenliang Wang: "We look forward to collaborating with our colleagues in Charleston, and to increasing economic prosperity for both our regions."


While in Charleston, the group toured the Wando Welch Terminal and its grain transload operation. Last month, the Scoular Company established a grain handling facility onsite, where grain is conveyed into international shipping containers for export. Based on growing market demand, Scoular could export more than 25 million pounds of product annually.
(Source:http://www.schednet.com)