via EXIM Bank
EXIM's Export Credit Insurance -- a policy that protects an exporter's accounts receivable -- is a simple tool with significant benefits. Check out our video to learn more about how it works. As reported by the Hong Kong Trade Development Council in their latest newsletter: Hong Kong expecting two percent export volume growth in 2016. "...recent fluctuations in global trade are expected to stabilise gradually, with individual countries and regions such as the United States and ASEAN, expected to post moderate growth next year. The global trade improvement will help Hong Kong’s exports, which will see “falling prices and increasing volumes,”said HKTDC Director of Research Nicholas Kwan. ARLINGTON, Va. - The U.S. Trade and Development Agency is expanding its investments in sustainable energy projects across sub-Saharan Africa. An implementing agency of the U.S. government's Power Africa initiative, USTDA invests in project preparation activities designed to generate renewable and gas-fired power, modernize electric grids and increase energy efficiency. The Agency's programs are available to help African project sponsors prepare bankable clean energy projects.
To begin the proposal process, please contact Africa@ustda.gov. Further information, including a list of USTDA's regional staff, can be found at: http://www.ustda.gov/program/regions/sub-saharan-africa. Press Release Contact/Media Inquiries: Tom Hardy (703) 875-4357
Brazil Business News and Updates for Opportunity Seekers via TradeBRZ at the Sao Paulo, Brazil WTC Business Tower In this month's edition of Brazil Buzz, pharmaceutical company GlaxoSmithKline (GSK) is featured for their recent announcement regarding plans to double their size in Brazil over the next five years. GSK's US headquarters are located in Warren, New Jersey. "GlaxoSmithKline (GSK), one of the world’s largest pharmaceutical companies, announced plans to double its size in Brazil over the next five years. More than 120 nations attend MEDICA 2015; Pennsylvania delegation features 5 WTCGP Member Companies12/31/2015
PHILADELPHIA, Pa /CBRE Press Release/ - Over the next decade, 20 markets worldwide—including Philadelphia, Seattle and Miami—are set to emerge as global logistics hubs, according to a new report from CBRE Group, Inc. These emerging locations share a number of characteristics, including significant investments in infrastructure, new trade policies and agreements, and more advanced supply chains and technologies.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com. Full Press Release/Source Related Links:
12/21/2015 - Philadelphia Named Top Emerging Logistics Hub via Select Greater Philadelphia 11/19/2015 - The Next Global Logistics Hubs via The Wall Street Journal 06/26/2015 - Report: Pennsylvania among top five states for logistics via Central Penn Business Journal The new air transport agreement replaces an existing agreement between the two countries dating back to 1960 and is the result of more than two years of negotiations led by the US Department of State with the Department of Transportation and the Department of Commerce. According to figures reported by Reuters Mexico, the US and Mexico share 19 million passengers a year, with the US possessing a fleet of 7,500 aircraft, against 300 for Mexico. The deal awaits approval by the Mexican Senate, but Mexico Transportation Secretary Gerardo Ruiz Esparza predictes that will come early in the new year. No such ratification is required in the U.S. Joint Statement by Secretary Kerry and Secretary Foxx on the U.S.- Mexico Air Transport Agreement Media Note Office of the Spokesperson Washington, DC December 18, 2015 We welcome the signing this morning of a new air transport agreement between the United States and Mexico. This landmark agreement with one of our largest aviation partners will significantly increase future trade and travel between the United States and Mexico. The signing of this important agreement is the result of more than two years of negotiations led by the Department of State with the Department of Transportation and the Department of Commerce. The new agreement will benefit U.S. and Mexican airlines, travelers, businesses, airports and localities by allowing increased market access for passenger and cargo airlines to fly between any city in Mexico and any city in the United States. Cargo carriers will now have expanded opportunities to provide service to new destinations that were not available under the current, more restrictive agreement. This new air transport agreement further elevates and strengthens the dynamic commercial and economic relationship between the United States and Mexico and advances our goal of shared prosperity. By allowing air carriers to better meet increasing demand in both countries, the agreement will help drive economic growth in sectors beyond aviation, including tourism and manufacturing. Following internal ratification procedures in Mexico, both governments will be in a position to bring the new agreement into force. Source Related Links:
12/18/2015 - Mexico, US sign agreement to increase air passenger and cargo routes via Reuters Mexico 12/18/2015 - Mexico-US accord lifts airline restrictions via Mexico News Daily As reported by Hong Kong Digest: A new agreement on trade in services, under the framework of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), will allow business and professionals in Hong Kong to enjoy greater access to mainland China’s growing services market, effective June 2016. CEPA is a free trade agreement concluded by the Mainland and Hong Kong. CEPA covers three areas: trade in goods, trade in services, trade and investment facilitation. CEPA has strengthened the trade relationship in goods and services, and fostered trade and investment facilitation between the two places, and are conducive to accelerating the economic integration and enhancing the long term economic and trade development of both places. The following is an excerpt of SeaLand's latest press release highlighting the details of their new Atlantico route. To read the full press release, visit SeaLand's website here. "SeaLand, the Intra-Americas regional ocean carrier of the Maersk Group, announces a new service dedicated to trade between the Gulf of Mexico and Eastern and Central United States. The new SeaLand Atlantico service will provide weekly coverage between the ports of Veracruz and Altamira, Mexico and Philadelphia. The service features a fast 6 day transit time. From Philadelphia, Mexican shippers are able to access up to 40% of the U.S. population within only a day's drive. It is also the epicenter of some of the most robust rail networks in America. The new service will have its first sailing out of Veracruz on January 26th, 2016. This option is especially geared for producers and exporters of perishable goods to the U.S. and provides the economies of scale, security and reliability of an ocean service combined with an expedited transit, ideal for moving goods such as avocados, lemons, tomatoes and commercial cargo." Click here to view the SeaLand Atlantico service maps and schedules | Español
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