WTC Philadelphia and Québec Government Office in New York Host Pennsylvania - Québec Day Luncheon6/21/2016
Québec Minister of International Relations and La Francophonie Christine St-Pierre and PA Secretary of Community & Economic Development Dennis Davin promote bilateral trade Philadelphia, PA, USA - Today, June 21, the World Trade Center of Greater Philadelphia (WTCGP) and the Québec Government Office in New York, will host a luncheon at the Union League featuring Québec Minister of International Relations and La Francophonie Christine St-Pierre and Pennsylvania Secretary of Community and Economic Development Dennis Davin. Accompanied by a Québec trade delegation with representatives from the construction and green building sectors, Minister St-Pierre will join Secretary Davin to discuss opportunities to further expand the already strong trade ties between Pennsylvania and Québec and the economic benefits to both regions that would result. “We are delighted to partner with the Québec Government and the City of Philadelphia to celebrate and grow trade between Québec and the Greater Philadelphia Region,” said Linda Conlin, President of the World Trade Center of Greater Philadelphia. “This luncheon will give companies of all sizes a sense of how trade with Québec, across diverse growth sectors, could provide new revenue streams for their businesses. This event is a great example of how WTCGP provides businesses with educational and networking forums to accelerate their global business growth.” “Bilateral trade between Pennsylvania and Québec stands at $3.7 billion but there are more opportunities for increased cross-border trade in key sectors such as life sciences, construction and green building, transportation and aerospace,” said Delegate General Jean-Claude Lauzon. “Often the largest barrier to trade is the lack of awareness of the available opportunities. My hope is that Québec Day in Philadelphia will help remedy that and deepen mutually beneficial ties.” The luncheon is one of three events celebrating the occasion of the first “Québec Day in Philadelphia.” Co-organized by the City of Philadelphia, the Québec Government and WTCGP, the roster of events aims to strengthen economic and political ties between the two regions. Other events on the schedule for June 21 include an immigration roundtable discussion and a special gathering at the Henry C. Lea Elementary School, which will highlight the school’s French language program and partnership with the Quebec Government. To cap off Québec Day in Philadelphia, a flag raising and evening reception will be held at City Hall. Québec-Pennsylvania Trade With bilateral trade between Pennsylvania and Québec at $3.7 billion in 2015, Pennsylvania is Québec’s 4th largest trading partner in the United States. Top Québec exports to Pennsylvania include aluminum, chocolate and chemical wood pulp, and Pennsylvania exports mostly cocoa paste, oil and paperboard products to the province. Québec companies with a strong presence in Pennsylvania include Bombardier, SNC Lavalin, Saputo, Aldo, Group CGI, Leclerc, Alimentations Couche-Tard (Circle K), Cascades and Domtar, while Alcoa, Ametek and Hershey are some Pennsylvania corporations with significant operations in Québec. About the Québec Government Office in New York Founded in 1940, the Québec Government Office in New York is Québec’s oldest foreign office. Serving the Mid-Atlantic region, it promotes the interests of Québec in in the areas of trade, investment, research and innovation, education and culture. About the World Trade Center of Greater Philadelphia The World Trade Center of Greater Philadelphia (WTCGP), a non-profit and membership - based organization, accelerates global business growth for companies in Southeastern Pennsylvania and Southern New Jersey by providing customized, one-on-one trade counseling, market research, educational programs, trade mission support, business networking events, and powerful connections to customers and partners worldwide, including 325 world trade centers in 92 countries. Since 2002, the WTCGP has served as a catalyst for regional economic growth and job creation, helping area companies generate over $1.5B in incremental export sales, supporting over 19,000 jobs in the region.
This post updated Fri June 24 2016 2:12 PM EDT
BEIJING, China - On Monday, June 6, 2016, the U.S. Trade and Development Agency and the Civil Aviation Administration of China (CAAC) signed two grants to further strengthen U.S.-China aviation cooperation. The first signing launched the 12th phase of the U.S.-China Aviation Cooperation Program (ACP). USTDA funding will continue to support the successful Executive Management Development Training and Air Traffic Management Executive Training programs. These programs have strengthened the skills of over 1,300 Chinese aviation leaders and deepened the relationships between U.S. and Chinese aviation professionals.
USTDA also concluded an agreement to support China's efforts to modernize winter operations at Chinese airports. Currently, the lack of snow and ice removal procedures and equipment in China has contributed to significant air traffic delays in the country's rapidly growing market. The technical assistance will use Harbin International Airport in northeast China as a case study to share U.S. technologies and best practices as China develops a winter operations plan for airports across the country. "USTDA is pleased to continue connecting U.S. businesses to China's expanding aviation market," said USTDA Director Leocadia I. Zak. "Our partnership under the ACP has allowed us to make substantial mutually-beneficial progress and we look forward to continue building upon that progress." USTDA Director Zak and CAAC Deputy Administrator Wang Zhiqing signed the grant agreements Sunday at the Civil Aviation Management Institute of China. Geoff Jackson from the U.S.-China Aviation Partnership and Christopher Collins from the Federal Aviation Administration witnessed the signing. Philadelphia, PA, USA - On June 2, 2016, the World Trade Center of Greater Philadelphia (WTCGP) hosted a breakfast meeting at the Philadelphia law offices of White & Williams LLC (a WTCGP Leadership Council Member) for a delegation of numerous officials from Tianjin, China.
Tianjin and the Binhai New Area
Located in northern coastal China, Tianjin has a total population of more than 15 million people, making the municipality the fourth largest in China. Tianjin is fast becoming a hub city for international shipping and logistics, manufacturing and research and development. Created in 2009, Tianjin Binhai New Area is located in northeast China, in the coastal region of the Tianjin municipality and has been designated by the Chinese government as a special development zone. The area includes a Free Trade Zone, an international seaport, and an international airport. It is a 30 minute high-speed train ride from Beijing. There are 141 Global 500 companies with operations in Binhai New Area. Major sectors are: aerospace, petroleum chemical, electronic information, automobile, biological medicine, new energy, grain and oil textile, and finance. Eight companies from Pennsylvania exhibited along with a State of PA Trade Office booth and a Core PA Global investment booth in hall C2, Mining Forum. Exhibiting Pennsylvania companies included: Acker Drill (Scranton), American Cable (Philadelphia), The Fredericks Company (Philadelphia) - a World Trade Center of Greater Philadelphia Member, Curry Supply (Martinsburg), Cervis Inc (Warrendale), St. Mary's Carbon (St. Marys), J&J Truck Bodies & Trailers (Somerset), and Penn Machine Company (Johnstown). The Word Trade Center of Greater Philadelphia coordinated much of the pre-show preparations for The Fredericks Company and Pennsylvania’s Authorized Trade Representatives (ATR) offices in Central/Eastern Europe, China, Germany, Middle East Regional, Netherlands/Belgium and the United Kingdom set up meetings with prospective buyers from 19 different countries. In addition to regular trade show foot traffic, The Fredericks Company had more than 60 specific meetings with foreign prospects over the course of the show. As reported by SAP&DC: Statistics from the Pennsylvania pavilion companies' detail over 160 meetings were held with potential clients during the event, 129 qualified leads were obtained, 10 agreements are under consideration and estimated sales of $1M is expected from the show. "Things were well organized and planned out. Our location was great for traffic and was also very easy for companies we had meetings with to easily find us. I was very pleased with the results and also the accommodations from the state of PA. Well done by all!" - John Weigner, The Fredericks Company In addition to company results, PA staff of Dorte Heffernan, Northwest Pennsylvania Commission, Tina Taylor, SAP&DC, and Deb Phillips, NEPA conducted business for the Core PA Global booth, a 53 county investment initiative funded through a grant by the EDA to bring foreign direct investment to the rural regions of Pennsylvania. The Pennsylvania Investment offices in Germany and France assisted with appointments with potential investment interests. As a result, 26 leads have been disbursed to various partner Economic Development agencies for potential matches with FDI to Pennsylvania.
A total of 3,423 exhibitors—1,263 from Germany and 2,160 from abroad—from 58 countries presented their products, developments and innovations on a record 605,000 square meters of exhibition space. Exhibitors from outside Germany accounted for 63 percent of the total—higher than ever before. Alexander Schwörer, Managing Director of Peri, agrees: “For us bauma 2016 was a tremendous success. We are very satisfied with the response and with the high quality of the trade visitors.” Also impressed was Frank W. Reschke, Sales Director and Member of the Management Board of Masa: “We are very happy with how the show went. Right from day one we were welcoming a constant stream of guests from all over the world at our booth. The quality of the trade audience is first rate, as it was three years ago, and we had some excellent business talks.” bauma full press release Bauma takes place every three years. The next bauma takes place from April 8 to 14, 2019 in Munich.
Registration is now open for the Conference of Great Lakes & St. Lawrence Governors and Premiers (CGLSLGP) trade mission to Poland and Romania November 6-11, 2016.
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.
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:
As reported by U.S. Korea Connect: Despite a fifth consecutive year of subdued global growth and a falling global gross domestic product, combined U.S. goods and services exports to Korea were up 1.2 percent between 2014 and 2015. The fourth year of the KORUS FTA was record breaking with trade volume between Korea and the United States reaching an all-time high of $115.3 billion in 2015. This important growth in trade with Korea continued while U.S. exports to the rest of the world were down 5.1 percent... view U.S. Korea Connect 2016 Newsletter Issue 3 Top Export and Beneficiary Items (U.S. to Korea 2011-2015) KORUS Fact Sheet (via ustr.gov)
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