Anhui largest single amount of foreign trade contracts signed in Hefei

Ann COFCO has signed a trade contract with the United States TGS Group in Hefei contract trade volume of over 500 million U.S. dollars, this is by far the province's foreign trade enterprises have signed the largest single amount of trade contracts, the province is also focus on promoting foreign trade strategy of market diversificationanother fruitful results. 

　　In the context of the development of foreign trade situation is grim, the province is continuing to adopt measures to encourage enterprises to develop more emerging markets. In the afternoon of Nov. 1, Ann COFCO and TGS Group in Hefei trade contracts signed contracts trade over five hundred million U.S. dollars, this is by far the province's foreign trade enterprises have signed the largest single amount of trade contracts, the province is also focus on promoting The foreign trade market diversification strategy another fruitful results.
An COFCO is one of the province's largest state-owned professional foreign trade company for 10 consecutive years among the ranks of the "China's import and export volume of 500 enterprises. TGS Group is internationally renowned engineering and trade agency, has extensive business contacts in South America. According to the contract, the two sides will cooperate in foodstuff, oil drilling equipment and engineering machinery and equipment exports to Venezuela and Mexico. At present, the cooperation between the two sides has been successfully shipped price of $ 50 million oil rig. In addition, according to the agreement, the two sides in the field of international trade will play to their strengths, to carry out deep cooperation. Ann COFCO official said, the TGS Group market information and channel advantages, Ann COFCO will further expand the market in South America.
The data show that the end of September, the province's exports this year total has reached $ 21.1 billion, a year-on-year growth of 69.9%, or ranks first in the middle of the growing number of trade with ASEAN, the Middle East and other emerging market countries and regions for the province the development of foreign trade, bucked the trend to provide important support.