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AEM Signs Cooperative Agreement with China to Promote Trade05-01-06 | News

AEM Signs Cooperative Agreement with China to Promote Trade




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During a special signing ceremony April 4 in Los Angeles, AEM Senior Vice President Al Cervero (far left) joined a select group of signatories that included China Vice Premier Madame Wu Yi (center) and Los Angeles Mayor Antonio Villaraigosa (second from right). As Chinese Vice Premier Wu Yi (center left) and Los Angeles Mayor Antonio Villaraigosa (center right) look on, a representative of CCCME and AEM Senior Vice President Al Cervero (right, front) sign a cooperative agreement.


The Association of Equipment Manufacturers (AEM) is among the signers of an agreement between the United States and China pledging cooperative efforts to improve the U.S.-Sino trade balance.

During a special signing ceremony April 4 in Los Angeles, AEM Senior Vice President Al Cervero joined a select group of signatories that included China Vice Premier Madame Wu Yi and Los Angeles Mayor Antonio Villaraigosa.

Under the agreement, AEM will work with the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) on a variety of activities to promote U.S. products to the Chinese marketplace. CCCME is a governmental body within the China Ministry of Commerce that makes trade policy recommendations.

The association initiated a dialog with CCME several years ago as part of ongoing efforts to facilitate trade opportunities for AEM member companies. The association represents the off-road equipment manufacturing industry (construction, agriculture, forestry, mining and utility). The current agreement is based on a memorandum of understanding AEM and CCCME signed in 2003.

?EUR??,,????'??We have built a strong working relationship with CCCME and other Chinese officials and have become the recognized leader for our industry. We will continue to use this influence to advance the benefits of U.S. equipment and technologies and how they can improve Chinese productivity,?EUR??,,????'?? stated Cervero.

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