AMCHAM Jamaica signs MoU with US Embassy

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AMCHAM Jamaica signs MoU with US Embassy

Tuesday, December 10, 2019

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KINGSTON, Jamaica — United States Ambassador to Jamaica, Donald Tapia today signed a Memorandum of Understanding (MoU) with the American Chamber of Commerce of Jamaica (AMCHAM Jamaica) cementing the business relationship between the two organisations.

The MoU will, according to the Ambassador, provide clear focus to facilitate business and the future of trade between Jamaica and the United States. He added that this agreement will permit AMCHAM Jamaica to provide core fee-based services to US companies interested in the Jamaican market when the US Embassy is unable to do so.

In signing the agreement, President of AMCHAM, Ann-Dawn Young Sang noted that AMCHAM's 33-year history in Jamaica with a strong membership base qualifies it to be the key signatory with the US Embassy in facilitating US based companies interested in Brand Jamaica.

She said that AMCHAM Jamaica is currently the only local business organisation with ties to 28 AMCHAMS across the region and direct affiliation to the United States Chamber of Commerce that has access to over 20 million businesses in the United States.

Both parties are optimistic about the agreement, which they described as a landmark and historic move, as there has been continued increase in the number of US companies interested in investing in Jamaica. With this MoU, it is anticipated that more US companies will establish long term business investments in Jamaica.

The MoU will cover various business facilitation services such as the popular Gold Key Service, which allows US companies to meet with Jamaica companies within the same industry with the aim to invest and trade, a statement from AMCHAM Jamaica said.

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