The Guernsey Government has signed a Memorandum of Understanding
(MoU) with the Shanghai Municipal Financial Services Office.
Guernsey's Chief Minister, Lyndon Trott and Fan Yongjin,
Deputy Director General of the Shanghai Municipal Financial
Services Office, signed an agreement which establishes a framework
for exchange and cooperation between the two jurisdictions.
The Chief Minister said: "This Memorandum of Understanding
establishes a very important framework for exchange and cooperation
between our two jurisdictions and I believe lays the foundations
for business growth between Shanghai and Guernsey.
"This agreement represents the strengthening of a broader
relationship which we have been building between China and Guernsey
over the last three years to the benefit of both of our
jurisdictions."
