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EuroCham in Straits Times (9 January 2012): European firms ‘committed to Asia’

EUROPEAN companies have a longstanding commitment to Asia and will keep investing here despite the uncertain economic climate, said Mr Stefano Poli, the new president of the European Chamber of Commerce in Singapore (EuroCham).

However, he added that given the volatile economy, “investment decisions might be taken more cautiously” or investors “might need a bit more convincing”. Mr Poli took over the helm the EuroCham last November, and represents the Italian Chamber of Commerce on EuroCham’s Board. He is also the chief executive of speciality chemicals maker Continental Chemical Corporation.

While the euro zone crisis is roiling equity markets worldwide, Mr Poli said in an interview with The Straits Times that Europe and its business community remain a solid and important entity based on business values and principles.

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