This Council will consist of no more than 20 members appointed by the Secretary of Commerce. Each IAC member will serve for a two-year period and the Council will convene twice a year. The mission of the IAC is simple but important for job creation in the United States. The IAC shall:
The Investment Advisory Council is actively seeking candidates through May 10, 2016 who are U.S. nationals from eligible organizations including, but not limited to:
The Investment Advisory Council (IAC) is a new advisory council established by the Secretary of Commerce to solicit private sector advice on the promotion and retention of foreign direct investment (FDI) to the United States. The IAC shall advise the Secretary of Commerce on U.S. government policies and programs that affect FDI; identify and recommend programs and policies to help the United States attract and retain FDI; and recommend ways to support the United States remaining the world's preeminent destination for FDI. The IAC shall act as a liaison among the stakeholders represented by the membership and shall provide a forum for the stakeholders on current and emerging issues regarding FDI. Specific priorities and recommendations will be determined by the appointed members of the IAC.
For full membership criteria and application details, please review the Federal Register notice announcing the opportunity to apply.
World Trade Center of Greater Philadelphia News
Earlier this month, the Department of Commerce established the United States Investment Advisory Council (IAC). This council will serve as a key conduit for stakeholder input on how best to support U.S. economic growth through the attraction and retention of foreign direct investment (FDI).
Funded by the U.S. Department of Commerce, International Trade Administration, and MDCP award program, the Impact Project at the Duquesne University Small Business Development Center is there to help U.S. companies increase trade with the "Pacific Alliance." The Pacific Alliance includes the countries of Mexico, Colombia, Peru, and Chile.
The Impact Project helps provide grants to offset the costs of trips for U.S. companies to open up new sales channels in the Pacific Alliance countries. These grants can also offset the cost of trade missions. The Impact Project can provide a $500 award grant to companies wanting to participate in Trade Winds- Latin American Trade Show.
If interested in registering please fill out the following forms and send them to Brett Rondon, Impact Project, Infastructure Consortium USA.
Success Agreement Form
Gold Key Form
Request for Consulting Form (for PA companies only)
The U.S. Department of Commerce will review applications and make selection decisions on a rolling basis beginning January 11, 2016, until the minimum of 55 participants is selected. After June 17, 2016, applications will be considered only if space and scheduling constraints permit.
For assistance contact Word Trade Center of Greater Philadelphia (Delaware, Chester, Montgomery, Bucks and Philadelphia counties only) or Brent Rondon, IMPACT PROJECT – Infrastructure Consortium USA at firstname.lastname@example.org.
Click read more for additional details about the Trade Mission itinerary and participation requirements.
Hannover Messe is the world’s largest industrial technology trade fair and for the first time in the fair’s modern history, the United States is the official partner country.
On the heels of this week’s successful launch of the Greater Philadelphia Export Plan, World Trade Center of Greater Philadelphia (WTCGP) is delighted to share two articles detailing the plan and the WTCGP’s partnership with the Economy League and the region’s international business community in the plan’s development – and future implementation.
These articles – from the Philadelphia Inquirer and Philadelphia Business Journal – may be found at the links below. They tell a compelling story about the importance of exports to the growth of this region’s economy and to job creation, key factors in expanding economic opportunity within our communities. We are proud that the many companies with whom we work were featured in the launch and the media coverage that followed. In the process, all of us involved in growing our businesses and the region through global trade stand to benefit, as we strengthen public recognition of exports as a key economic driver for the region.
WTCGP is honored to have played a role in the plan’s development. We look forward to working with our members, corporate partners and the Region’s broader international business community as we put the plan in action – a great, pro-growth opportunity for our region!
Linda Mysliwy Conlin
President, World Trade Center of Greater Philadelphia
Economy League, World Trade Center of Greater Philadelphia Reveal A Metro Export Plan for Greater Philadelphia
About Global Cities Initiative
In 2014, the World Trade Center of Greater Philadelphia collaborated with the Economy League of Greater Philadelphia to nominate the Greater Philadelphia Metro Region for the Brookings Institution and JPMorgan Chase Global Cities Initiative Exchange. We are very proud that the region was selected to join this exclusive network of U.S. metros working to grow their economies.
On Tuesday, April 12, Secretary Kerry visited Los Angeles, where he spoke with members of the Pacific Council on International Policy about leading on trade issues to secure America's economic future.
Secretary Kerry's remarks (full transcript) focused on national security opportunities of the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Partnership (T-TIP); America's role as a Pacific power; and dispelling the myths about trade agreements.
To promote prosperity here in the United States and to advance our broader interests around the globe, we are pursuing international economic policies that reflect the dynamic nature of the era in which we live. One of the central pillars of our leadership is to negotiate and adopt 21st century agreements TPP and T-TIP.
- U.S. Secretary Kerry
New York Times economics correspondent Jack Ewing recently put the Germany-China economy in focus, illustrating the recent downshift in emerging markets makes Germany, as well as all of Europe, economically vulnerable. Here are a few takeaways from the article:
World Trade Center of Greater Philadelphia Chief Operating Officer Dino Ramos was in attendance at the recently concluded EXIM Bank 2016 Annual Conference. The Annual Conference, which started on April 6th, took place at the historical Omni Shoreham Hotel in Washington D.C. and included more than 1,100 exporters and representatives of financial institutions, foreign trade partners and government officials. Here are a few highlights from the daily sessions:
Fred Hochberg, Chairman of the Export-Import (EXIM) Bank of the U.S., addressed 20 of the City/State (C/S) partners as part of the EXIM Conference. Chairman Hochberg advised the Partners that EXIM will re-brand the C/S Partners Program. Effective May 20, 2016, the Program will be called the “Regional Export Promotion Program (REPP).” The new name of the Program will be more reflective of the current and future export assistance and economic development organizations that are Partners in the Program, such as the regional World Trade Center of Greater Philadelphia. The new plan will be more in sync with the implantation of the Greater Philadelphia Export Plan which will be launched on April 13, 2016.
Watch this space for WTCGP news, events, press, and more!