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  • About
    • Who We Are
    • Our Mission
    • Event Gallery
    • Partner Organizations
    • Donate
  • Membership
    • Membership Levels
    • Membership Benefits
    • Member List
    • WTCA Network
    • Become a Member
  • Services
    • International Trade Counseling
    • Export Finance Assistance
    • Educational and Networking Opportunities
    • Trade Service Provider Referrals
  • Programs
    • Selling to the World >
      • 2023 Classes Registration
    • Initiatives >
      • Making Global Local
      • Educational Institution Partnerships
    • Clubs >
      • China Club
      • IDEC
  • Events
    • Events Calendar
    • Trade Events >
      • About Trade Missions
      • Trade Missions >
        • February 13-17, 2023​: Trade Mission to South Africa and Kenya
        • March 20-29, 2023: Trade Mission to Australia & New Zealand
        • April 23-28, 2023: WTCA 53RD GENERAL ASSEMBLY​
        • May 8-12, 2023: Trade Mission to Poland and Hungary
        • June 5-9, 2023: GSGP Trade Mission to Brazil and Chile
        • June 19-25, 2023: International Paris Air Show
    • Signature Events >
      • Bringing the World to PA
      • Global Business Conference
      • World Trade Centers Day
  • News
    • News
    • Member Success and Feature Stories
  • Member Connect
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News

Commerce Department’s New Investment Advisory Council Seeks Membership Applicants

4/21/2016

 
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).
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:
  • Advise the Secretary 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 position of the United States as the world’s preeminent destination for FDI.
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:
  • U.S.-incorporated companies that are majority-owned by foreign companies or by a foreign individual or individuals, or that generate significant foreign direct investment (e.g., through their supply chains);
  • U.S. companies or entities with business that includes FDI-related activities or the facilitation of FDI; and
  • Economic development organizations and other U.S. governmental and non-governmental organizations and associations with missions or activities that include the promotion or facilitation of FDI.

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.

FAQ's (via trade.gov)

MBDA Annoucement

Impact Project: Trade Winds Latin America September 5-13

4/21/2016

 
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.
Trade Winds - Latin America is an official U.S Department of commerce/ U.S. Commercial Service conference and multi-sector trade mission and will take place in Santiago, Chile. The Trade Show Conference will gather all of the 22 U.S. embassies in Latin America as well as offer a multi-country forum, conference and business matchmaking from September 6-9, 2016.
The United States and Western Hemisphere region, as a whole, enjoy extensive economic linkages, rich cultural personal connections, and a shared belief in inclusive growth and opportunity. The Western Hemisphere enjoys one of the most active trading relationships in the world with cooperation on cutting edge energy security and a network of connections among the region's countries that allow the efficient movement of knowledge, ideas, and technology. 

The Largest Export Markets for U.S. Goods are: 
  • Canada ($312.4 billion),
  • Mexico ($240.2 billion),
  • Brazil ($42.5 billion),
  • Colombia ($20.1 billion),
  • Chile ($16.5 billion),
  • Venezuela ($11.1 billion),
  • Argentina ($10.9 billion),
  • Panama ($10.5 billion), and
  • Peru ($10.1 billion).

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)

Deadline
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 rondon@duq.edu.

Click read more for additional details about the Trade Mission itinerary and participation requirements.

Read More

Moberg Research, Inc. 1 of 34 companies presenting at the April 26  Angel Venture Fair

4/21/2016

 
Moberg Research, Inc. - a World Trade Center of Greater Philadelphia member ​since 2011 - is 1 of 34 companies presenting at the April 26 Angel Venture Fair.
Moberg Research, Inc. is a privately owned medical device manufacturing company specializing in neuromonitoring and information management in acute care. Moberg was founded in 1998 and is located in Ambler, PA in the greater Philadelphia area.
The company was selected to join 33 other companies out of 170 applications from 16 states and four countries. Investors will have the opportunity to with meet companies representing the following industries:​
  • Agriculture
  • Beverages
  • Biotechnology
  • E-Commerce
  • Electronics
  • Energy
  • Fashion
  • Food
  • Medical Device
  • Mobile Applications
  • Software
  • Television
  • Video
Angel Venture Fair | April 26, 2016
​The Angel Venture Fair, the oldest
 venture conference in Mid-Atlantic Region, is sponsored by the Private Investors Forum (PIF), takes place Tuesday, April 26 from 7:30 a.m.-4:00 p.m. at the Union League of Philadelphia.

Harry Edelson, founder of Edelson Technology Partners and author of Positivity, will be the keynote speaker. The first 200 attendees will receive complimentary copies of Edelson’s new book.

Tickets for April 26: 
www.angelventurefair.com

MBDA National Director Castillo to lead a delegation to Hannover Messe

4/19/2016

 
The U.S. Department of Commerce Minority Business Development Agency (MBDA), will join President Obama, U.S. Secretary of Commerce Penny Pritzker and top business leaders from around the world at the Hannover Messe trade fair April 25 - 29, 2016 in Hannover, Germany.
MBDA National Director Alejandra Y. Castillo will lead a delegation of minority business owners and stakeholders to demonstrate not only the value of minority business enterprises’ (MBEs) products and services, but also opportunities to advance transatlantic trade and access to U.S. markets through collaboration with minority businesses.

“We are honored to have our minority entrepreneurs join us on this historic trip,” said MBDA National Director Alejandra Y. Castillo. “This is a significant opportunity for our MBEs to build global partnerships and forge connections to access an even larger audience for their businesses.”

MBDA will also lead a U.S.-German a policy roundtable titled Changing Demographics:  Fostering Inclusive Entrepreneurship. With the ethnic, gender, and generational make-up rapidly changing in  many countries around the world, this timely conversation will focus on policies, programs and best practices to confront economic inequalities in immigrant, refugee and migrant populations through entrepreneurship.
The MBDA Hannover Messe delegation will include:
  • Rachelle Blake, CEO/President and Managing Director, Omni Micro Systems/Omni Med Solutions
  • Gary Davis, President & CEO, National Center for American Indian Enterprise Development
  • Adam Garfein, Ph.D., Partner and Co-Founder, Menawat & Co
  • Towan Isom, President and CEO, Isom Global Strategies
  • Tony Jimenez, President & CEO, MicroTechAmar Kapur, President & CEO, Aimtek, Inc.
  • Matthew Lee, President & CEO, Fastech, Inc.
  • Arturo Martinez, Operations Manager, Simsa Inc.
  • Gerardo Payan, CEO of Conexer LLC
  • Victor Quiñones, CEO of Concord Supply Inc.
  • Wilfredo A. Reyes Miller, ESQ., M.A., RMiller Consulting Global Advisors
  • Jorge G Sanchez, CEO/President, SANA International Commerce, Inc.
  • Saksit Suetrong, President & CEO, iA-Robotics
  • Jeff Vigil, President & CEO, My Business Matches
  • Joset Wright-Lacy, President & CEO, National Minority Supplier Development Council

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.
MBDA will exhibit at Hannover Messe in the premier U.S. Investment Pavilion, Hall 3, Stand F06, (38). To learn more about the MBDA delegation and Hannover Messe, please visit: http://www.mbda.gov/hannovermesse.

Metro Export Plan Featured in Philadelphia Inquirer and Philadelphia Business Journal

4/15/2016

 
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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


Go sell it: Export globally to grow sales and jobs, plan for region urges
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Diane Mastrull / The Inquirer
 
Floating tantalizing growth prospects, including $6.3 billion in new sales each year and 35,000 additional jobs, economic-development officials Wednesday released a three-year export plan for the Philadelphia region.
 
"If we ask ourselves how Greater Philadelphia is going to grow, going global has to be a big part of it," the 28-page plan, "Selling to the World," states on its opening page. The full report is... read full story
Economy League, World Trade Center unveil export plan to boost Phila. jobs, revenue
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A gantry crane at the Port of Philadelphia. NATALIE KOSTELNI
Kenneth Hilario and Craig Ey / Philadelphia Business Journal
 
Increasing the Greater Philadelphia region's export intensity could bring billions of dollars in new economic activity and nearly 40,000 additional jobs to the region, which has persistently lagged in economic growth, according to a new plan devised by business leaders in the region.
 
Philadelphia had the slowest employment growth between 2010 and 2015, making it the slowest-growing economy among the 10 largest U.S. metropolitan areas, according a report unveiled Wednesday by the Economy League and the World Trade Center of Greater Philadelphia, citing data from the U.S. Bureau of Labor Statistics… read full story

Economy League, World Trade Center of Greater Philadelphia Reveal A Metro Export Plan for Greater Philadelphia

4/14/2016

 
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​Despite 86 percent of global economic growth projected to occur outside the United States between 2015 and 2020, only one percent of U.S. companies currently export and, among those that do, 58 percent export to only one market. These numbers underscore the significant opportunity for Greater Philadelphia and other U.S. metros to grow by going global.

To address this opportunity, the Economy League and the World Trade Center of Greater Philadelphia brought together business leaders and economic development experts from across southeastern Pennsylvania, southern New Jersey, and northern Delaware last year to develop an action-oriented export plan for the region in connection to the Global Cities Initiative.

Learn how the export plan, revealed among business leaders and economic development experts on April 13, 2016, will help drive much-needed job and revenue growth in our region.​
Download the plan  |  View photos from April 13, 2016

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.

Secretary Kerry on the necessity of trade to secure America's economic future

4/14/2016

 
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 article puts Germany-China economy ties in focus

4/12/2016

 
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: 
“We are going from an unbelievable boom to a down phase”

​Karl-Heinz, Rieser, Managing Director of Eickhoff
  • The German manufacturer Eickhoff Bergbautechnik sold less than half of their shearer loader (mining) machines compared to last year - drops in sales across midsize German exporters translate into slower overall economic growth. Suppliers of mining equipment generated exports of €6.2 billion in 2012, exports in 2015 fell to €3.5 billion.
  • ​Germany contributes more than a quarter of financing for the new bailout fund, European Stability Mechanism, to prevent the collapses of countries.​
  • Automobiles are one of Germany’s largest exports. Last year, China became the biggest market for the German Porsche. But growth in the Chinese auto-market is expected to only be around 4% this year, half of last year’s percentage. With more developing countries, such as China, pulling back from the manufacturing German machine, the German and European economy becomes more vulnerable.

Read full article / ​Images via The New York Times
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EXIM Bank 2016 Annual Conference Update

4/8/2016

 
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: 
April 6
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.
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Image Source: http://bit.ly/20b4O3o

EXIM Bank's Annual Conference presents a unique opportunity for companies from around the world to meet U.S. exporters. Attendees included more than 1,100 exporters and representatives of financial institutions, foreign trade partners, and government officials. At the event, participants also met EXIM Bank staff and obtained detailed information about our export credit products and programs.

April 7
On April 7, 2016, Dino Ramos attended an informative session titled “How Reforms in Emerging Economies Are Creating Opportunities for American Businesses.” The following officials were on the panel:
  • Scott Eisner, President, U.S. Africa Business Center, U.S. Chamber of Commerce
  • Dianne Farrell, Deputy Assistant secretary of State for Asia, International Trade Administration
  • Sergio Garcia Gomez, Section Head, Economic Affairs, Embassy of Mexico in the U.S.
  • Thomas Hardy, Director of Public Affairs and Congressional Relations, U.S. Trade and Development Agency
  • Rob Quartel, CEO, NTEL-X Co.
The speakers focused on countries that have successfully implemented reforms to drive economic growth and foreign investment including: Mexico, Korea, India, Vietnam, Jordan, Morocco, Cote D'Ivoire, Ethiopia, Mozambique, and Senegal.

April 8
The morning of April 8, one of the featured speakers was Jeffrey Zients, Director, National Economic Council and Assistant to President Obama for Economic Policy.  Mr. Zients emphasized the importance of the need for Congress to approve the Trans-Pacific Partnership (TPP) Agreement which has been negotiated by the U.S. with 11 other countries in the Pacific Rim.  Countries that are part of the Agreement constitute 40% of global GDP.  Passage of the Agreement will result in significantly reducing import duties in the 11 countries on U.S. manufactured goods and services which will ultimately increase U.S. exports.

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Explore the EXIM Bank 2016 Annual Conference
Agenda, Transcripts, Video 

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