Official Media Press on the Three Party Signing Ceremony
On July 19, 2017, Mega Capital Group, Yunnan State Farms Group and Dubai Multi Commodities Centre(DMCC)signed a three-party cooperation agreement in Kunming, Yunnan to realize export trade of coffee beans from China to Middle East. Mega Capital Group, together with its partners, opens a Green Channel for Chinese coffee beans to be efficiently exported to Middle East market.
Witnessed by Mr Zhang Zulin, Vice Governor of Yunnan province, Mr Alex Gao, Board Chairman of Mega Capital Group, Mr Chen Zujun, President of Yunnan State Farms group, the signing ceremony achieved full success. Mr Matthew Pang, Executive Director of Mega Capital Group, Mr Wu Zhonghong, Vice General Manager of Yunnan State Farms Group and Mr Gautam Sashittal, CEO of DMCC also attended this event.
Win-Win Cooperation to Raise Global Influence of Chinese Coffee Industry
After signing, Mega Capital Group, Yunnan State Farms Group and DMCC will jointly establish exclusive partnership in construction of coffee centre in DMCC, Chinese Coffee’s commodity trade in Middle East and futures trading.
The three parties will promote cooperation by joint efforts. Mega Capital Group will utilize its rich resources, international networking over multi industries and excellent capital operation capacity; Coffee Factory of Yunnan State Farms Group will utilize its huge resources in upstream industrial link and supply with high-quality coffee beans; DMCC will set up a unified identification criteria for Yunnan coffee beans, a unified trade criteria for export and import trade in Middle East market and in electronic futures platform. The three-party cooperation will be carried out in the form of large commodity trade combined with capital operation to help Yunnan coffee beans go global and gradually increase Chinese coffee’s global influence and voice.
Three-party Signing Ceremony
Shouldering Government’ High Expectation, Annual Trade Volume to Exceed 2 Million Tonnes
DMCC, as a leading centre for trading international commodities, is home to over 13500 active bulk trade members with trade ranging from Middle East to Europe, Asia and Africa. It was awarded “the Global Free Zone of the Year” by the Financial Times FDI magazine. After establishment of DMCC Coffee Center, the annual trade volume of coffee bean is estimated to overpass 2 million tonnes.
The Vice Governor, Zhang Zulin, stated, “the planting area and yield of Yunnan Province both stay at the leading position in China. Yunnan coffee with rich resources and excellent quality has great potential to explore the international market. Hope three parties can well plan and work intimately to accelerate the internationalization of Yunnan coffee industry and make Yunnan coffee a global famous brand.”
Conference of Three Parties Mega Capital Group, Dubai DMCC and Yunnan State Farms Group
Escorted by Mega Capital, Entering the International Coffee Market
With over 30-year experience in global trade, Mega Capital Group is a multi-national conglomerate of diverse interests and extensive reaching covering finance, global trade, Halal industry, logistics, real estates and so on. Its branches spread Hong Kong, Dubai, Europe, Malaysia etc.
Shouldering the responsibility of promoting China’coffee to international market and coordinating the implementation of the cooperation project, Mega Capital has set up office building in headquarter of DMCC, and established international exhibition and sales center with modernized warehousing and efficient logistics in Dubai Airport Free Trade Zone.
Meanwhile, Mega Capital has recruited coffee experts rich in R&D and sales experience in Europe, Malaysia, Dubai. International expert team will surely facilitate the success of the coffee project. This means Mega Capital will become one of the best partners to work with in import and export trade of China’s coffee bean.
With the strong strength of Mega Capital Group, China’s largest coffee state-owned enterprise and world leading trade platform, coffee industry of China will show a new appearance and usher in a new era of increasing discourse power and international influence through standardization, internationalization , value discovery and enhancement.
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