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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

View/Download recent 2015 Coface Panorama publications

12/18/2015

 
Coface provides global credit insurance. For more information visit Coface.com.
Panorama Sectors
  • No improvements in Q4
  • Downgrades include retail in North
    America, metals in Europe and apparel
    in Asia
View/Download via Coface

​
Panorama Wine
  • China and US set to become top wine
    consumers by 2027
  • Can European producers adapt
    to changing global marketplace?
View/Download via Coface
Panorama Brazil
  • Economy plunging, with no rebound in sight
  • Sector Barometer​
View/Download via Coface

​
Panorama Egypt
  • Egypt : A slow and fragile recovery
  • Cautious sectorial recovery
View/Download via Coface


Additional Coface Panorama Publications available at 
www.coface.com/News-Publications/Publications

External links found in this content or on World Trade Center of Greater Philadelphia (WTCGP) websites that go to other non-WTCGP websites should not be construed as an endorsement of the views or privacy policies contained therein. 

Proclamation 5587, December is Made in America Month

12/17/2015

 
Proclamation 5587 -- Made in America Month, 1986

​December 8, 1986

 
By the President of the United States of America
 
A Proclamation
 
During the past four years the United States has embarked on a new era of economic growth and prosperity. Millions of new jobs have been created, inflation is at its lowest point in 20 years, and the purchasing power of the average family has risen by close to 8 percent. But along with this new prosperity have come new challenges to American business. In the early years of our expansion our economy moved forward, while much of the rest of the world's lagged. The resulting strength of the dollar lowered the price of imports, making them more attractive to Americans, who then had extra money to spend. At the same time, it raised the prices buyers overseas had to pay for American goods. It is ironic that the very health and vitality of the United States economy led to our importing more than we export.
 
Already there are signs that this problem should lessen in the near future. American industry is rising to the challenge, producing more efficiently than ever before. The dollar is in better balance with major foreign currencies, and, even more important, our trading partners are taking a new look at what they can do to quicken their economies and rely less on the great locomotive of American prosperity. Now is the time, therefore, for consumers both here and abroad to take a fresh look at what America has to offer. American technology and management are second to none, and the skill and resourcefulness of the American worker are the envy of the world. Not only does ``Made in the U.S.A.'' symbolize excellence of quality and design, but our products are now available at more competitive prices.
 
It is not only American products that merit a second look. Our commitments to freedom of enterprise, individual responsibility, and restraints on government power and taxation -- some genuinely ``made in America'' ideas -- have resulted in an economic renaissance in this country that stands as an example of hope for people everywhere. A world in which state-imposed barriers to commerce are removed, and in which all individuals are free to reach their greatest potential, will be a world in which all nations can bloom and prosper.
 
The Congress, by Public Law 99 - 568, has authorized and requested the President to proclaim December 1986 as ``Made in America Month.''
 
Now, Therefore, I, Ronald Reagan, President of the United States of America, do hereby proclaim December 1986 as ``Made in America Month.'' I invite the people of the United States to observe this month with appropriate programs, ceremonies, and activities to celebrate the excellence of American products.
 
In Witness Whereof, I have hereunto set my hand this eighth day of December, in the year of our Lord nineteen hundred and eighty-six, and of the Independence of the United States of America the two hundred and eleventh.
 
Ronald Reagan
 
[Filed with the Office of the Federal Register, 3:31 p.m., December 9, 1986]
 
Note: The proclamation was released by the Office of the Press Secretary on December 9.

​Source
Related Link: Facts About U.S. Manufacturing

WTCGP Members Only: 2016 ISA Global Economic and Risk Outlook now available

12/17/2015

 
ISA has just released the 2016 ISA Global Economic and Risk Outlook.
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This year's ISA Global Economic and Risk Outlook includes:
  • A look back on the key developments from 2015 and how they will impact 2016 and beyond
  • A look ahead to the key issues and trends that will influence 2016
  • A closer look at China and India and their roles in the global economy
  • A region-by-region economic and geopolitical outlook for 2016 and beyond
  • A look at some of the longer-term global issues and trends to watch
World Trade Center of Greater Philadelphia Members will be issued a free copy via email during the month of December 2015.

Mexico Infrastructure Initiative spurs new project webpage

12/15/2015

 
The Commercial Service at the U.S. Embassy Mexico is excited to announce a new webpage dedicated to promoting select Mexican infrastructure projects in the aviation/airports, energy & power, and water/wastewater sectors. The website can be accessed here: Mexico Infrastructure Projects. Infrastructure projects are critical to economic growth, and this effort is part of a U.S. Department of Commerce’s Infrastructure Initiative dedicated to highlighting infrastructure projects in three key economies (Mexico, India and the Philippines).
As part of a series of major reforms and initiatives, the government of Mexico released in May of 2014 a multi-year National Infrastructure Program that outlines the major programs and projects intended for execution through 2018. The government anticipates approximately $517 billion in communications, transportation, urban and rural development, energy, water, health, and tourism infrastructure investment to occur in this period. These 700+ infrastructure projects include federal, local and privately-sponsored development.
Currently there are 54 projects highlighted and the webpage will be updated at least weekly as new information or projects are announced. Interested U.S. companies can fill out a project specific interest form, and will receive a reply from the relevant Commercial Specialist within 48 hours or less. Commercial Specialists have a broad and deep knowledge of their market sectors, and can help companies make contacts, understand the bid process, and develop project-specific strategies.

To review overviews of priority projects in airports and ports, energy, and water industry sub-sectors, please select the appropriate link below or visit export.gov/mexico:
  • Airports and Ports
  • Energy
  • Water
​
For additional information, please click the link above, or email Rebecca Armand, Principal Commercial Officer, U.S. Embassy Mexico at rebecca.armand@trade.gov.

BIS launches new Data Portal to assist exporters

12/11/2015

 
From the U.S. Bureau of Industry and Security (BIS):

BIS launched its Data Portal, which will, for the first time, make public aggregate information on licensing and export data trends. The Portal features data and analysis on Controlled Trade with Select Countries; Export Control Reform (ECR); BIS Licensing; and Exporter Compliance, which users can download in PDF and Excel format. 
 
The Data Portal is consistent with the Secretary's goal of Data in her strategic plan to increase the efficiency, effectiveness, and security of Commerce programs through a data-driven government. The Data Portal will make it easier for businesses, communities, and citizens to access, analyze, and use Commerce data. To access the BIS data portal, visit www.bis.doc.gov/data.
The BIS Data Portal is a one-stop-shop for export control data and analysis.  The Portal features statistical papers and datasets on:
  • Exporter Compliance
  • Controlled Trade with Select Countries
  • Export Control Reform (ECR)
  • BIS Licensing
  • U.S. Defense Industrial Base Analysis

EX-IM Bank: 10 Ways to Grow Your Export Business

12/11/2015

 
The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. It empowers U.S. companies—large and small—to turn export opportunities into real sales. WTCGP is proud to support Ex-Im as it helps grow local businesses in the Greater Philadelphia area and beyond.

If you would like a copy of this document, contact WTCGP at info@wtcphila.org or download a copy at this link.

Greater Philadelphia Chamber of Commerce Releases Roadmap for Growth Report 2015-2016

12/11/2015

 
On Tuesday December 8 at the Roadmap for Growth 2015- 2016: A Vision for the City of Philadelphia launch event, the Greater Philadelphia Chamber of Commerce released its report of findings from its Roadmap for Growth initiative, which seeks to create a shared agenda with Mayor-elect Jim Kenney, City Council and Philadelphia’s business and civic community on economic growth and job creation. The report outlines four topic areas and further questions for discussion that can serve as the basis of a shared agenda. These areas include: Building Opportunities for Business Creation and Growth, Revitalizing Neighborhood Economies, Developing a Trained and Educated Workforce and Leveraging Our Infrastructure. (via Greater Philadelphia Chamber of Commerce)

U.S. October 2015 Trade Gap is $43.9 Billion

12/10/2015

 
As reported by the U.S. Department of Commerce Bureau of Economic Analysis:

The U.S. monthly international trade deficit increased in October 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $42.5 billion in September (revised) to $43.9 billion in October, as exports decreased more than imports. The previously published September deficit was $40.8 billion.  The goods deficit increased %2.1 billion from September to $63.1 billion in October. The services surplus increased $0.6 billion from September to $19.2 billion in October.


Exports of goods and services decreased $2.7 billion, or 1.4 percent, in October to $184.1 billion. Exports of goods decreased $3.1 billion and exports of services increased $0.4 billion.
  • The decrease in exports of goods mainly reflected decreases in industrial supplies and materials ($1.6 billion) and in capital goods ($0.9 billion).
  • The increase in exports of services mainly reflected increases in transport($0.2 billion), which includes freight and port services and passenger fares, and in financial services ($0.2 billion).

Imports of goods and services decreased $1.3 billion, or 0.6 percent, in October to $228.0 billion. Imports of goods decreased $1.0 billion and imports of services decreased $0.2 billion.
  • The decrease in imports of goods mainly reflected a decrease in industrial supplies and materials ($2.0 billion) that was partly offset by an increase incapital goods ($0.5 billion).
  • The decrease in imports of services was more than accounted for by decreases in travel (for all purposes including education) ($0.2 billion) and intransport ($0.1 billion).

Goods by geographic area (seasonally adjusted, Census basis)
  • The surplus with members of OPEC decreased from $1.7 billion in September to $0.4 billion in October. Exports decreased $1.6 billion to $5.1 billion and imports decreased $0.3 billion to $4.7 billion.
  • The deficit with Mexico increased from $5.4 billion in September to $6.3 billion in October. Exports increased $0.1 billion to $19.7 billion and imports increased $1.0 billion to $26.0 billion.
  • The balance with the United Kingdom shifted from a deficit of $1.2 billion in September to a surplus of $0.6 billion in October. Exports increased $0.4 billion to $5.2 billion and imports decreased $1.4 billion to $4.5 billion.

Source/Full Report

U.S. Deputy Secretary of Commerce Announces Healthcare Trade and Investment Mission to Peru

12/10/2015

 
U.S. Deputy Secretary of Commerce Bruce Andrews today announced that he will lead a healthcare trade and investment mission to Lima, Peru from March 7-9, 2016. The trade mission will help U.S. companies launch or increase their business in Peru, focusing on pharmaceutical producers, medical device manufacturers, hospital operation and management services, hospital information systems, and eHealth solutions.

“The U.S. business community can partner with Peru to provide world-class products and services to help meet the country’s growing healthcare sector,” said U.S. Deputy Commerce Secretary Bruce Andrews. “Working together, we can help Peru meet its healthcare needs while also generating economic growth, creating new jobs, and increasing prosperity for people in both the United States and Peru.”

Peru will invest $2.6 billion over the next two years to build and improve a variety of infrastructure projects, including upgrading and equipping several hospitals and healthcare centers, new equipment, blood banks, and telemedicine systems. The Peruvian government's forward approach on prioritizing and enhancing the country's healthcare system to meet Peruvian's growing demand for quality healthcare and medicine will yield opportunities for U.S. suppliers of medical equipment and devices, U.S. pharmaceutical and biotechnology companies, and U.S. healthcare IT service providers.

The healthcare trade and investment mission delegation will be composed of senior executives from 15-20 U.S. firms, representing the mission’s target sectors. Businesses interested in participating in this trade mission should complete an online application at the Peru mission website at www.export.gov/tradeamericas/trademissionperu2016.

There will be a Webinar at 1:00 pm EST today, December 10, 2015 (Registration)

For more information, you can contact U.S. Department of Commerce’s International Trade Administration at (202) 482-0057 orMatthew.Gaisford@trade.gov.

The application deadline for the trade mission is Monday, February 1, 2016.
​

Source

Outlook Indonesia Monthly Update

12/8/2015

 
The American Indonesian Chamber of Commerce posted their monthly update of Outlook Indonesia:
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