|Ken Jarrett, President of American Chamber of Commerce in Shanghai, speaks on promise of increased cooperation between IIUSA and AmCham Shanghai.|
At its annual membership meeting and kickoff to the 7th Annual EB-5 Advocacy Conference on May 7th, IIUSA signed a formal Memorandum of Understanding (MOU) with the American Chamber of Commerce (AmCham) in Shanghai to collaborate and share information. Ken Jarrett, President of AmCham Shanghai, had an opportunity to address the group on how AmCham Shanghai and IIUSA can work together to build opportunity and integrity for the EB-5 Regional Center industry in China.
The MOU delineates a membership exchange allowing for both organizations to stay informed in the other’s activities. As such, IIUSA is recognized as a subscriber to AmCham Shanghai’s virtual SME Centerwhich is an online platform that links potential Chinese investors with opportunities in the United States and provides resources to U.S. companies investing in China. The SME Center, which boasts over 3,800 users and 230 companies, provides resources and contacts for small and medium-sized enterprises entering the China marketplace.
The American Chamber of Commerce in Shanghai is the largest and fastest growing American Chamber in the Asia Pacific region. Founded in 1915, AmCham Shanghai was the third American Chamber established outside the United States. As a non-profit, non-partisan business organization, AmCham Shanghai is committed to the principles of free trade, open markets, private enterprise and the unrestricted flow of information.