MENASHA, Wis., May 7 -- Banta Corporation Chairman Donald D. Belcher witnessed history yesterday as an invited guest at the signing of the landmark United States - Singapore Free Trade Agreement. At a special White House ceremony, President Bush and Singapore's Prime Minister Goh Chok Tong signed the agreement that significantly expands trade opportunities between the U.S. and Singapore, America's 11th largest trading partner.
"It was an honor to represent Banta Corporation at the signing of this historic trade agreement with one of America's key strategic partners," said Belcher. "We continue to look for opportunities to grow our existing supply- chain management business in Singapore and this agreement will substantially increase our market access across the services sector, will encourage transparency that promotes efficiency and fairness, and will support U.S. investors operating in Singapore."
In 2000, Banta established a supply-chain management facility in Singapore that currently employs 122. The facility provides outsourcing services to U.S.-based technology companies. Services include computer hardware assembly, customized kitting, testing and distribution.
Following the White House ceremony, Banta also co-hosted a private dinner honoring Prime Minister Goh and his delegation. "Banta was delighted to have participated in these important events and further demonstrate our commitment to expanding our presence in the Asia-Pacific region. We're grateful to Prime Minister Goh and President Bush for their vision and resolve in expanding trade between Singapore and the U.S.," said Belcher. Banta's growth initiatives in its Supply-Chain Management Sector emphasize further expansion into Asia and the Pacific-Rim, as well as other strategically located areas worldwide.
Banta Corporation is a member of the U.S.-Association of Southeast Asian Nations (ASEAN) Business Council, one of America's leading private business organizations dedicated to promoting increased trade and investment between the United States and the member nations of ASEAN. The Council's membership includes approximately 150 of the Fortune 1000 American companies with trade and investment interests in Asia.
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