U.S. Secretary of Commerce Penny Pritzker on the President’s signing of the Trade Facilitation and Trade Enforcement Act of 2015:
“By providing the Administration with additional tools to ensure that foreign governments live up to the commitments made in trade agreements, and by supporting the enforcement of U.S. antidumping and countervailing duty laws, the Trade Facilitation and Trade Enforcement Act legislation will help provide American businesses and workers the opportunity to compete on a level playing field in the global marketplace.”
World Trade Center of Greater Philadelphia News
Statement by U.S. Commerce Secretary Pritzker on Signing of the Trade Facilitation and Trade Enforcement Act of 2015
“Importantly, new authorities created by this bipartisan legislation will enhance the Department of Commerce’s ability to coordinate with U.S. Customs and Border Protection on AD/CVD enforcement efforts. The Department will also have access to the newly authorized Trade Enforcement Trust Fund that would make available resources dedicated to monitoring the implementation of bilateral and multilateral trade agreements by our trading partners and to engaging them in capacity building efforts in areas such as labor, environment, and intellectual property protection.”
The Department of Commerce’s International Trade Administration leads the efforts to ensure fair and open trade at home and abroad through the rigorous enforcement of U.S. trade laws and agreements.
The Start-Up Nation Changes Direction
By Sherwin Pomerantz, President of Atid EDI Ltd., and PA Authorized Trade Rep. and PA Investment Rep. for Israel
Originally posted online at atid-edi.com
Israel, since the beginning of the high-tech revolution in the early 90s, has rightly earned the title of “Start-Up Nation” given that it is one of the top five centers of technical creativity in the world. I say the top five because rankings vary but clearly outside of the United States, Israel has more start-ups in absolute terms than any country in the world, bar none. With approximately 3,000 of them extant at any given moment, most other country’s stats pale by comparison.
But, of late, there has been a perceptible change in the makeup of the technology coming out of Israel. That change can be described as a switch from developing products to developing features and enhancements.
For example, in the past the things for which Israel was famous and which everyone acknowledged as transformational products included:
These are just a few examples of the tech product development that went on for years in Israel and contributed to Israel’s start-up nation reputation.
But lately, as we meet young startups seeking funding and strategic partners, we are noticing that the focus has turned to developing features and enhancements rather than specific products. Some current examples:
In each of these cases the developers have created a feature or enhancement that makes current activities either safer, more efficient or more profitable.
For those who worry about whether Israel as start-up nation is at risk of losing its “Mojo,” these new directions emanating from local techies clearly illustrate that the creative community here is well ahead of the curve and fully understands where the new opportunities are in technological development. This response augurs well in favor of Israel’s continued superiority as the start-up nation.
Sherwin Pomerantz is the President of Atid EDI Ltd., a Jerusalem based business development consulting firm representing the export promotion and investment attraction interest of six U.S. states and the Province of Ontario (Canada) as well as investment attraction efforts for Hong Kong. In addition, over its 25 year history, the firm has successfully raised investment funds for Israeli companies as well as handled business development activities for private firms in locations as diverse as Ireland, France, South Africa and Germany.
Seoul Food & Hotel Korea 2016 (http://www.seoulfoodnhotel.co.kr)
Pennsylvania’s Center for Trade Development is offering its companies a cost-effective way to participate in Seoul Food & Hotel 2016. Exhibiting with Pennsylvania enables small-to-medium-sized companies to make an impact at this prominent food show without the high cost.
For more information
Contact to Linda Foerster, Center for Trade Development: Phone: 717.214.5306/ E-mail: firstname.lastname@example.org or
Steve Shin, PA Korea Office: Phone: +82-2786-7701/ E-mail: email@example.com
Please click here to see the application form for Seoul Food and Hotel Korea
PHILADELPHIA, Pa. – The World Trade Center of Greater Philadelphia (WTCGP) has appointed higher education leader and Stockton University President Harvey Kesselman to its board of directors, effective immediately.
The World Trade Center of Greater Philadelphia offers customized, one-on-one trade counseling to exporters in the Southeastern Pennsylvania and Southern New Jersey areas. As the region’s premier international trade experts, the WTCGP works to accelerate the economic growth of our region by providing resources and a powerful worldwide connection to buyers, agents and distributors, both through a network of more than 300 world trade centers in nearly 100 countries and through its considerable contacts in Greater Philadelphia and New Jersey. Since 2002, the WTCGP has helped generate more than $1.5 billion in incremental export sales, creating more than 19,000 jobs.
Dr. Kesselman, who has more than 35 years of experience in higher education and is a tenured Professor in Stockton’s School of Education, has held other senior leadership roles at Stockton. He also has been appointed by New Jersey governors and state education leaders to share his expertise as a member of several high level committees and task forces.
WTCGP has close ties with many of this region’s finest educational institutions such as Stockton University, with which WTCGP will collaborate to promote the international business education of Stockton students, including introducing students to global businesses in the region and supporting President Kesselman’s global vision for Stockton University.
Regarding President Kesselman’s new board appointment, World Trade Center of Greater Philadelphia President Linda Conlin said, “President Kesselman’s participation in our board brings an important South Jersey perspective from a recognized leader in higher education and within the region overall.”
“It is an honor to serve on the board of directors of the World Trade Center of Greater Philadelphia, which recognizes the vital importance of higher education in promoting our region’s economic growth and increasing global opportunities,” President Kesselman noted.
“We are delighted to welcome President Kesselman to the board of the World Trade Center of Greater Philadelphia,” WTCGP Board Chairman Gary Biehn, Chair of the China Business Group and International Group at White and Williams, commented. “President Kesselman surely will contribute valuable insights based not only on his years of experience as an academician and higher education leader, but also as an integral member of the South Jersey business community. We look forward to a long connection between him and WTCGP.”
The World Trade Centers Association (WTCA) in New York City oversees world trade centers that span the globe. This exclusive international business and trade network connects 15,000 professional staff members and represents more than 750,000 business members worldwide. The WTCA stimulates trade and investment opportunities for commercial property developers, economic development agencies and international businesses looking to connect globally in order to ensure local prosperity. In addition, the WTCA serves as an “international ecosystem” of global connections, iconic properties and integrated trade services under the umbrella of a prestigious brand.
Stockton University, New Jersey’s Distinctive Public University, offers an outstanding interdisciplinary approach to graduate and undergraduate education in arts and sciences, professional studies, health sciences and graduate and continuing studies. Stockton’s Galloway, New Jersey main campus in the Pinelands National Reserve is close to southern New Jersey beach resorts and central to a region that is immersed in world class hospitality and tourism, aviation research and aerospace technology, and other exciting ventures that support and enhance economic development efforts in southeastern New Jersey. The campus is within easy driving distance of major metropolitan areas including New York City, Philadelphia, Baltimore and Washington, D.C. Stockton University, a premier regional educational institution, is ranked twelfth among the best public Regional Universities of the North by U.S. News and World Report and is one of The Princeton Review’s Best Northeastern Colleges.
John Fry, the president of Drexel University, will become chairman of the Greater Philadelphia Chamber of Commerce in October 2016. He’ll succeed Denis O’Brien, senior executive vice president of Exelon Corp., and CEO of Exelon Utilities. O’Brien said, “John’s demonstrated leadership in higher education and the community position him perfectly for this role. He is the ideal person to lead the Chamber during this exciting time of regional growth and innovation." Chamber President and CEO Rob Wonderling said, “The Chamber welcomes John Fry as its new Chairman beginning in October. John has a broad understanding of policy and an ability to convene diverse sets of stakeholders. These qualities will allow him to be a visionary leader as the Chamber continues to build initiatives like the Health Care Innovation Collaborative and Action Team, Roadmap for Growth, Greater Philadelphia Energy Action Team and other key projects in the future.”
Lonely Planet, the world's largest travel guide book publisher in the world, recently released their list of America's most "unexpectedly exciting places to see in the United States in 2016," and topping the list was none other than Philadelphia. Lonely Planet knows travel and being included at the top of this list was no small feat. Philadelphia was in competition with places such as Yellowstone, Alaska, and San Antonio.
Click here to read the full list of places to see in 2016. If you're wondering why Philadelphia was chosen as number one, Lonely Planet wrote another article highlighting our city's best features and why it deserves a visit in 2016.
Being named the best place to see in the United States in 2016 is an honor for Philadelphia, and comes just months after the city was named a World Heritage City, the first on that list to be located in the United States. The World Heritage designation towards the end of 2015 was a major milestone for the city and was led in large part by the Global Philadelphia Association, a partner organization of the World Trade Center of Greater Philadelphia.
We connect. Another service WTCGP offers: opening doors for Greater Philadelphia business leaders and CEOs of companies of all sizes to connect with a wide array of individuals who can help their businesses grow, such as professional service providers (banks and accounting and law firms), prospective customers and partners and government trade officials. In 2015, our clients and corporate partners met with high level trade officials such as Commissioner of Customs and Border Patrol Gil Kerliowske. Our contacts extend well beyond this region and into more than 100 countries worldwide, through the World Trade Centers Association, comprising 320 WTCs such as our own. Membership in the WTCGP not only opens doors - it helps businesses step through those doorways into broader global markets.
We grow trade. I have already mentioned several company success stories as well as the impressive statistics on increased export sales revenue garnered by companies we counseled in 2015 and previously. These successes are founded on accurate advice and practical knowledge about doing business globally and understanding market trends. One other key element? A positive outlook. While others see the shifting world market - influenced by the gradual slowdown and rebalancing of the Chinese economy and decline in prices for oil and other commodities - WTCGP sees opportunity. In fact, the International Monetary Fund, global growth in emerging market and developing economies will still outpace advanced economies, accounting for more than 70 percent of global growth. In other words: opportunity is knocking!
Another key element to trade growth: Knowledge. To this end, on March 3, WTCGP and Drexel University's LeBow College of Business are co-hosting the Annual Global Business Conference. WTCGP can help you navigate this changing world economy, including which markets to consider. This morning, half-day program will feature former U.S. Ambassador to China and Singapore and leading trade official Jon Huntsman as the conference keynote speaker. Using a "fireside chat" format, Governor Huntsman will be interviewed by Gillian Tett, U.S Managing Editor of the Financial Times. With these and other well-informed speakers and networking time, the Global Business Conference also represents opportunity. Please join us on March 3 at Drexel University's Creese Student Center. For more details about this event and our signature World Trade Centers Day Celebration in May, including registration, see immediately below (for GBC) and in our events segment (for the WTC Day Celebration).
In closing, I offer warm thanks to our partners whose funding enables WTCGP to continue offering transformative trade counseling services and educational programs. Hats off to you, as well as our member companies and superb trade team, for promoting a thriving global marketplace in our collective backyard.
Let us help you generate your next export success!
Linda Mysliwy Conlin
World Trade Center of Greater Philadelphia
Join LeBow College of Business’s George Tsetsekos, PhD, Dean Emeritus and George B. Francis Professor of Finance, in an interactive forum to discuss the business climate, trade and investment opportunities in Estonia and Finland.
Friday, February 26, 12 – 5:30PM
MDCSYSTEMS® IS A WORLD TRADE CENTER OF GREATER PHILADELPHIA MEMBER
Mitchell Swann, P.E., a partner at MDCSystems® completed a series of speaking engagements in several cities in Pakistan, December 5-11, 2015. Mitchell was invited as part of ASHRAE’s “Distinguished Lecturer” program to speak in Lahore, Islamabad and Karachi, Pakistan in a series of lectures to both ASHRAE professional chapters in each city and to student chapters and Engineering classes at the University of Engineering & Technology, the Islamic International University and NED University of Engineering & Technology in Lahore, Islamabad and Karachi respectively.
Mitchell provided two lectures to each of the professional chapters and a more interactive session at each of the universities. The professional programs were “Design Build – Executing the Project” (with a tilt towards ‘green buildings’) and “Connecting Green Building Outcomes to Enterprise Sustainability Programs.” The university program was entitled “The Sustainability Imperative and Engineering Ethics,” which is a timely topic for Pakistan as it faces the challenge of balancing social and economic growth and energy production challenges.
This was Mitchell’s second visit to Karachi having been invited as a DL presenter before in 2013. Mitchell has been on ASHRAE’s Distinguished Lecturer roster since 2006 and has presented in Pittsburgh, PA, Harrisburg, PA, Baltimore, MD, Birmingham, AL, and Chicago, IL, in 2015 as well as numerous locations, both nationally and internationally in previous years.
View original post (via MDCSystems®)
From the Hong Kong Trade Development Council / Hong Kong Means Business:
Import and Export Trade Industry in Hong Kong: Hong Kong has been handling a significant portion of the Chinese mainland's expanding external trade. In 2014, about 12% of the Chinese mainland's exports (US$278 billion) and 13% of imports (US$251 billion) were handled via Hong Kong and 60% of Hong Kong's total re-exports were... Read More
HKTDC Enterprise Yearbook 2016: To mark the HKTDC’s 50th anniversary, the 2016 edition includes articles on China’s Belt and Road Initiative and ASEAN’s role; 50 must-see products; interviews of start-ups with innovative products; list of trade contacts and HKTDC trade fairs. HKTDC Enterprise was first published in 1967, and its Yearbook 2016 features more than 300 suppliers and over 500 pages of buyer-centric content. An e-version of the yearbook offers interactive content, video and... Read More
View Hong Kong Means Business Newsletter (Feb. 3, 2016)
From the U.S. Census Bureau:
As you submit your requests for Export Reports Access by EIN in ACE, the Census Bureau team would like to share helpful tips to make the vetting process more efficient as you obtain authorization to access your export data in ACE.
Helpful Highlights regarding obtaining ACE Export Reports Authorization:
The information provided in this broadcast will assist you in obtaining Export Reports Access. Please visit our website for additional information on obtaining Exports Reports authorization by the Census Bureau at www.census.gov/foreign-trade/compliance/aesvetting.
For additional assistance, please call our International Trade Helpline at 800-549-0595:
Option 1- Assistance with Automated Export System (EEI filings in ACE)
Option 5- Assistance with the Census Vetting Process for Reports Authorization and Trade Outreach
World Trade Center of Greater Philadelphia and the U.S. Commercial Service will host a “Roundtable Discussion” on February 10th spotlighting the United Kingdom and European Bank for Reconstruction & Development Infrastructure Opportunities
If you fall into one, or more, of the following categories, please join us on February 10th:
There is no charge to attend the February 10th UK & EBRD Roundtable. Please RSVP with Dino Ramos by phone: 215-586-4246 or email: firstname.lastname@example.org.
From the Hong Kong Trade Development Council / Hong Kong Means Business:
Hong Kong Toy Industry Chinese mainland toy industry is outperforming other manufacturing sectors in the country, thanks to strong domestic and overseas demand... Read More
Express Cargo Industry Hong Kong is the world’s busiest airport in terms of handling international cargo. In 2014, Hong Kong's air cargo throughput reached 4.38 million tonnes, up 6% from 2013. This was followed by a year-on-year (YOY) gain of 0.4% to 3.58 million tonnes in the first ten months of 2015... Read More
View Hong Kong Means Business Newsletter (Jan. 27, 2016)
As reported by U.S. Korea Connect:
Products as diverse as automobiles, fresh lobsters, grapefruit, and coffee had previously seen tariffs as high as 30 percent, but on New Year's Day tariffs on these products were completely eliminated...
Following the 2012 implementation of the Korea-U.S. Free Trade Agreement (KORUS FTA) tariffs on U.S. passenger vehicle exports to Korea were immediately reduced from 8 percent to 4 percent. By 2014, just two years after this significant tariff reduction, U.S. auto exports to Korea reached $1 billion, a 32.4 percent increase over 2013, and a 141 percent increase over 2011, the year preceding the implementation of the KORUS FTA. Moreover, between January and November 2015, U.S. auto exports reached a record high, with an increase of $109.7 billion over 2014. The dramatic growth of U.S. auto exports to Korea is expected to continue thanks to the January 1, 2016, removal of all tariffs on autos... view U.S. Korea Connect 2016 Newsletter Issue 1
About U.S. Korea Connect
The U.S.-Korea Free Trade Agreement (KORUS FTA) is an international partnership designed to promote the free flow of products and services between the United States and Korea. This economic relationship spurs business growth, creates jobs, generates new markets for U.S. goods and services, and strengthens an important strategic alliance.
New additions to the World Trade Center Global Network: Dhaka, Bangladesh; Muscat, Oman; Jinzhong, China
A WARM WELCOME AND CONGRATULATIONS TO WORLD TRADE CENTER DHAKA, WORLD TRADE CENTER JINZHONG, AND WORLD TRADE CENTER MUSCAT!
World Trade Center Dhaka, Bangladesh; World Trade Center Jinzhong, China; and World Trade Center Muscat, Oman presented comprehensive plans for developing iconic World Trade Center facilities with international trade services.
Dhaka, Jinzhong, and Muscat join a global network comprised of 330 World Trade Centers across 91 countries.
As reported by NIST MEP:
Watch this space for WTCGP news, events, press, and more!