News Release: AACC and ITA Sign Strategic Partnership Memorandum of Agreement

Asian American Chamber of Commerce and U.S. Department of Commerce's International Trade Administration (ITA) signed a memorandum of agreement (MOA) on April 6th to promote the competitiveness of U.S. industry, improve the global business environment, and provide opportunities and resources for the Asian American and Pacific Islander (AAPI)-owned business community.
“We look forward to working with the Asian American Chamber of Commerce as a strategic partner to increase U.S. trade & investment and help U.S. companies compete in the global marketplace,” said U.S. Commercial Service Global Diversity Export Initiative Director, Terri Batch. “The signing of this MOA provides opportunities for future collaboration to ensure minority- and women-owned companies can grow stronger here at home and also compete abroad. Through this strategic partnership, the AANHPI business community will have greater awareness of  resources and existing and emerging export opportunities around the world.”
"We are excited for this incredible opportunity to launch a meaningful partnership with the U.S. Department of Commerce’s International Trade Administration," said Cindy Shao, President of AACC. "We stand ready to collaborate with ITA. This partnership will enable a stronger platform for us to support Asian American and Pacific Islander (AAPI) business community in the areas of U.S. trade and foreign investment."
Upon signing the MOA, the AACC and the U.S. Commercial Service’s network of worldwide offices will collaborate on marketing, educational programs and events leveraging both entities’ expertise to help make U.S. businesses—and particularly AAPI-owned firms—more export savvy. Joint activities will include building awareness through outreach and participation at trade shows, export seminars, and trade education events.
The partnership provides a collaborative framework that supports ITA’s goal of expanding U.S. exports by increasing AAPI-owned companies awareness of the benefits of exporting and of the public and private sector resources available to pursue export markets. The AACC is among several of ITA’s Strategic Partners who have connected more than 1,500 companies to federal export assistance.
To learn about upcoming business education events, U.S. businesses can visit the Global Diversity Export Initiative website.