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EuroCham
Steps Up Promotion of Trade
and Investment Between Singapore
and Europe
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In
a move that will
provide businesses
in Asia additional
services and business
opportunities, the
European Chamber
of Commerce (Singapore),
better known as
EuroCham, has announced
a suite of initiatives
that will benefit
its potential members.
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| Initial
members
of EuroCham |
Association
of Dutch
Businessmen
Austrian
Business
Association
Belgian
&
Luxembourg
Business
Group
British
Chamber
of Commerce
Danish
Business
Association
Finnish
Business
Council
French
Chamber
of Commerce
German
Business
Association
Irish
Business
Association
Italian
Chamber
of Commerce
Swedish
Business
Association
Swiss
Business
Association |
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EuroChams
initial members
are the National
Business Groups
("NBGs")
of twelve
European Union
countries
that are represented
in Singapore
by an established
business association
or chamber
of commerce.
In addition,
Switzerland
participates
as an associate
member. These
12 NBGs make
up the Committee
of EuroCham.
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| Amongst
them they choose
the members of the
Executive Committee,
who decides on day-to-day
business. |
|
Executive
Committee |
| President |
Mr.
Shanker Iyer |
British
Chamber of
Commerce |
| Vice-President |
Mr.
Jean-Louis
Michelet |
French
Chamber of
Commerce |
| Vice-President |
Mr.
Joachim Ihrcke
|
German
Business Association |
| Secretary |
Mr.
Giorgio M.
Rosica |
Italian
Chamber of
Commerce |
| Treasurer |
Mr.
Colin MacDonald |
Irish
Business Association |
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Established
in 1991, EuroCham has
since evolved with the
political environment
and aligned itself with
the business needs of
its members. As a consortium
of the National Business
Groups of the European
Union (EU), EuroCham is
the only organisation
that has the structure
and charter to promote
trade between Singapore
and the EU. The recent
signing of the Free Trade
Agreement between Singapore
and the United States,
and the increasing presence
of EU companies, many
of which are using the
country as regional headquarters,
have catapult the importance
of EuroCham to a higher
level.
Since 26 June 2003 EuroCham
is open for direct membership.
This way we believe the
European business community
gets a strong representative
in Singapore. |
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Activities
for our members will include:
1.
2.
3.
4.
5.
6.
7. |
Organising
high-profile lunches
and network events.
Providing a forum for
discussion and exchange
of ideas on trade and
investments between
the EU and Singapore.
Establishing Industry
Groups to gain an enhancement
of influence.
Lobbying the Singapore
and EU authorities to
improve trade and investments
for our members.
Offering an exponential
increase in network
and sales contacts.
Providing regular information
updates on Singapore,
EU and EuroCham matters.
Publishing a European
directory. |
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We are here to assist if you
are experiencing obstacles
in doing business in Singapore
or need assistance to lobby
the Singapore government to
improve the business environment
for EU trade and investment."
| As
the EU continues to
expand, the importance
of that region as a
business center for
Singapore corporations
will also become more
vital. On the other
side Southeast Asia
presents Europe with
a series of different
and significant challenges.
EuroCham will play a
significant role in
drawing up more substantial
commitments between
the EU, |
|
| Trade
figures between
Singapore and
EU |
in
billions |
| Bilateral
trade |
S$52.70 |
| Export
to EU |
S$28.00 |
| Import
from EU |
S$24.70 |
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| EU
population and
companies in Singapore |
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| EU
population living
in Singapore |
>34,000 |
| EU
companies in Singapore |
>2800 |
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| Singapore
and Southeast Asia.
Especially as Singapore
is EU's largest trading
partners among the ASEAN
countries. The recent
establishment of the
European Commission
Delegation in Singapore
has provided us with
a close link to Brussels
and the entire EU machinery.
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Vassilis
Bontosoglou, Ambassador,
Head of Delegation of
the European Commission
to Singapore said, "The
European Commission
is here not only to
serve the interests
of Europeans but also
to promote closer ties
between the EU and Singapore.
As part of this mandate,
we look forward to establishing
a close relationship
with EuroCham. As the
only |
| organisation
with the structure to
promote trade and investments
between Singapore and
EU, EuroCham has plenty
of services that I encourage
all corporations, both
European and non-European,
to take advantage of."
If
you enquire more information
on EuroCham or are
interested in becoming
a member, please visit
our website: www.eurocham.org.sg
or contact Ingrid
Linnemans (Co-Ordinator):
admin@eurocham.org.sg
\ +65 65325746.
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