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Trade Agreement - China

May 18, 2010

In conjunction with the Premier of Saskatchewan’s current trade mission to China to promote trade and commerce opportunities between Western Canada and Asia, Saskatchewan Trade and Export Partnership (STEP) today signed a trade agreement with the China Council for the Promotion of International Trade (CCPIT).

“Working with a trade and investment promotion agency such as CCPIT is extremely advantageous for STEP members. With this agreement, we are now able to leverage established trade and economic relations with industrial and business circles in over 800 cities and regions in China, ” said Lionel LaBelle, President & CEO with STEP.

Established in 1952, the China Council for the Promotion of International Trade (CCPIT) is China’s national trade and investment promotion agency. As the largest institution for the promotion of foreign trade in China, the organization’s mandate is to promote the development of economic and trade relations in line with law and government policies of the People's Republic of China.

“CCPIT has signed cooperation agreements with over 300 foreign counterparts and established joint chambers with foreign national and local chambers of commerce. Their national network in China covers 20 industrial sub-councils in such sectors as machinery, agriculture, petrochemical, commerce, grain business, and logistics as well as 50 provincial sub-councils and over 800 local branches. All this leads to further opportunities for STEP members,” LaBelle noted. “Cleary, this agreement has the potential to enhance the international trade level with China and most importantly, provides a framework for STEP members to secure future opportunities.”

STEP is a non-profit, membership driven, government/industry partnership, designed to promote the growth of Saskatchewan's export industry. STEP assists provincial businesses to realize global marketing opportunities through specially tailored services and programs. STEP pursues growth in existing foreign markets and opens doors to new ones. Members include both businesses that are experienced and those that are new to international trade. The team of professionals has the experience, knowledge, and international contacts to help companies meet their international marketing objectives.

For more information, please contact:
Lionel LaBelle, President & CEO
Saskatchewan Trade & Export Partnership (STEP)
Telephone:  306-227-8275
llabelle@sasktrade.sk.ca

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