Location Shanghai Mrs. Andrea Gulova, assigned CEO of the Slovak Investment and Trade Development Agency (SARIO) , during her ten-days Asia business trip in the company of the Minister of Economy and Construction of the SR Mr. Juraj Miskov and as a member of the official delegation of the President of the SR in Shanghai, took part at several business meetings. The Minister of the Economy and Construction of the SR after the meeting with the Vice President of the Shanghai Chamber of Commerce Wang Liem said: “We already participated at many successful meetings with different Chinese companies that showed their interest to invest in Slovakia. “ According to Minister Miskov the interested parties might come into automobile and food processing industry as well as tourism. Mutual trade exchange between both countries is starting to pick up quickly after one year pause since from the beginning of this year it shows signals of recovery after the global economic crisis. Trade balance of the SR with Shanghai after last year fall recorded again (after first 5 months of 2010) significant growth achieved mainly by larger volumes of Slovak export. In comparison with the same period of 2009, our mutual trade balance grew in first 5 months of 2010 by 120 %. While evaluating the investment in both countries, Shanghai office noted that until the end of May of this year there was no registered investment on any of both sides. Regarding this fact many negotiations took place where the Shanghai party offered investment participation in the infrastructure projects. The negotiations at the Shanghai Chamber of Commerce were followed by the Slovak – Chinese Business Forum. Commercial Counselor in Shanghai coordinated preparation of this event based on the requests and profiles of Slovak companies looking for business and cooperation partners in the energy, construction, food processing, machinery industries, tourism and others. Participating businessmen concluded that they received new information on how to dynamize trade between both countries to reach mutual satisfaction.
