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Australian-Chinese memorandum of agreement signed at AIMEX

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World Coal,

The first regional Chinese memorandum of understanding (MOU) between Chinese regional authorities and the Hunter region has been signed at Asia-Pacific’s International Mining Exhibition (AIMEX) at the Sydney Showground, further consolidating mining sector trade.

This latest MOU has been signed between Zhang Bin, Vice President of China Council for the Promotion of International Trade (CCPIT), Taian Branch, Vice Chairman of China Chamber of Commerce, Taian Chamber, and Hunternet’s CEO, Tony Cade.

Tony Cade said that it supported the Federal Trade and Investment Minister Andrew Robb’s plan to pursue opportunities created by the China-Australia Free Trade Agreement (ChAFTA). “The Hunternet/CCPIT MOU will go a long way to foster opportunities for local Hunter businesses, which is in line with the Government’s goal to harness commercial opportunities in Asia for small to medium sized Australian businesses.”

Zhang said that Australian suppliers have an impressive status on the global market and its technology is cutting edge internationally – largely a result of the continued support of Australian universities and scientific institutions driving innovation in mining equipment technology. as well as the ongoing establishment of co-operative agreements between the Australian and Chinese governments.

He explained: “There are plenty of patents and new technologies under development in Australia, and Australian suppliers have significant experience. We really hope we can bring Australian companies and new technology into China, as well as introducing complementary companies and technologies into Australia to promote cooperation in mining equipment and other hi-tech areas between us. Today’s memorandum of understanding with Hunter Alliance is a good start towards more collaborative projects in the future.”

Edited from press release by Harleigh Hobbs

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