{"id":12400,"date":"2017-05-15T15:00:04","date_gmt":"2017-05-15T13:00:04","guid":{"rendered":"https:\/\/staging.ggba.swiss\/china-grains-giant-cofco-expands-its-presence-in-switzerland\/"},"modified":"2023-07-04T13:39:39","modified_gmt":"2023-07-04T11:39:39","slug":"china-grains-giant-cofco-expands-its-presence-in-switzerland","status":"publish","type":"post","link":"https:\/\/staging.ggba.swiss\/en\/china-grains-giant-cofco-expands-its-presence-in-switzerland\/","title":{"rendered":"China grains giant COFCO expands its presence in Switzerland"},"content":{"rendered":"<p>State-owned food trader China National Cereals, Oils and Foodstuffs Corporation (<a href=\"https:\/\/cofcointernational.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">COFCO<\/a>) will strengthen its presence in Geneva. State councilor Pierre Maudet signed a Memorandum of Understanding with the\u00a0senior managers of the company in the presence of the President of the Swiss Confederation Doris Leuthard, during her visit to\u00a0China. The scope of this MoU covers the establishment of COFCO International\u2019s Global Corporate and Trading Headquarters in Geneva, which will supervise\u00a0the company&#8217;s worldwide operations, outside of China.<\/p>\n<p>\u201cCOFCO is among the global leaders in the commodity trading industry. COFCO International\u2019s choice to deploy its new global headquarters in Geneva is a very pleasing announcement in the present period of uncertainties\u201d, said Pierre Maudet in a <a href=\"https:\/\/demain.ge.ch\/actualite\/annonce-creation-du-quartier-general-global-cofco-international-co-ltd-geneve-15-05-2017\" target=\"_blank\" rel=\"noopener noreferrer\">press release<\/a>.<\/p>\n<p><strong>Geneva, a global trading hub<\/strong><\/p>\n<p>Known traditionally for its expertise in asset management, Geneva is one of the most important centers for international trade and trade finance. With 400 companies that handle the majority of global transactions, the city is a world leader in trade in oil, sugar, coffee, grains, rice and oilseeds. By setting up its global headquarters in Geneva, COFCO International consolidates and further strengthens the city\u2019s leading position in the field.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Memorandum of Understanding on the establishment of COFCO International\u2019s Global Corporate and Trading Headquarters in Geneva was signed in Beijing on 13 May 2017.<\/p>\n","protected":false},"author":3,"featured_media":12401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"mc4wp_mailchimp_campaign":[]},"categories":[831],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China grains giant COFCO expands its presence in Switzerland - Greater Geneva Bern area<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China grains giant COFCO expands its presence in Switzerland - 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