China Leather Association Signed A Memorandum Of Understanding With The American Raw Materials Association

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< p > the China Leather Association and the American raw materials association signed a memorandum on the trade cooperation between the trade associations between the two trade associations at the Hongkong Convention and Exhibition Center on the afternoon of April 1st.

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< p > Su Chaoying, director of China Leather Association, and Stephen Sothmann, chairman of the American raw materials Association, signed the memorandum of exchange.

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Su Chaoying, director of the P, explained to reporters after signing ceremony that the signing of the memorandum is aimed at promoting trade relations between raw material and leather enterprises in the US and Chinese leather manufacturers and leather processing enterprises, ensuring that leather trade between leather industries of the two countries is more smoothly, providing communication channels for members of the two countries to resolve disputes that may arise in trade, and creating a cooperative and harmonious trading environment, which ultimately achieves the purpose of promoting the development of leather trade worldwide.

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< p > when the reporter asked about how to solve the disputes on leather trade between the two countries, Su Chaoying said that the two countries' associations would resolve their own decisions to coordinate possible trade disputes.

Once there is a trade dispute between the member associations of the two countries, the two parties shall be informed of the details of the dispute within 30 days after the arrival of the goods to the other party's inspection place or within 30 days after the contract is fully implemented.

When any party Association receives a notification of trade disputes between member enterprises, it should notify the other party in time.

Upon receipt of the notification from the other party, a notice of warning should be issued to the domestic member enterprises concerned and more information should be obtained.

The two countries' associations will communicate through the hotline, share information, and finally seek to reach a mutually acceptable solution between the two enterprises.

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< p > the memorandum of cooperation will take effect on the date of signature, and the validity period is 3 years.

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