Identifying Markets with South Korea
South Korea is an important Free Trade Agreement (FTA) market for companies in the Greater Philadelphia Region. As a fellow world trade center, World Trade Center of Greater Philadelphia is particularly pleased to work with the Korea International Trade Association (KITA) and World Trade Center Seoul in identifying best strategies to grow business for the companies collectively being served and expanding overall trade and investment for the Greater Philadelphia Region.
U.S. - Korea Free Trade Agreement
The United States and the Republic of Korea signed the United States-Korea Free Trade Agreement (KORUS FTA) on June 30, 2007. On December 3, 2010, the United States and Korea concluded new agreements, reflected in letters signed on February 10, 2011, that provide new market access and level the playing field for U.S. auto manufacturers and workers. Congress approved the agreement on October 12, 2011, and Korea’s National Assembly approved it on November 22, 2011. The United States and Korea completed their review of the measures both sides had taken to implement the FTA and exchanged diplomatic notes on February 21 agreeing to bring the agreement into force on March 15, 2012. Full Background (via ustr.gov)
World Trade Center of Greater Philadelphia News
Recent visit by KITA and WTC Seoul highlights commercial and cultural opportunities with Philadelphia
Join World Trade Centers Association (WTCA) as they welcome all World Trade Centers and members to its 2016 Access China program, a core component of participation in the 2016 China International Fair for Investment and Trade (CIFIT). CIFIT is the top Chinese international investment and trade facilitation platform, taking place in Xiamen on September 8-11, 2016.
The deadline for registration is Friday, August 5, 2016.
Click here for additional information or contact World Trade Center of Greater Philadelphia at 215-586-4240.
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Jen Black | Office of International Business Development | 717.720.7472 | email@example.com or visit www.medica.de
From the City of Philadelphia Mayor's Office of Communication
PHILADELPHIA, Pa. – The Philadelphia Commerce Department, the Office of Immigrant Affairs and the Office of the City Representative this week hosted Québec Minister of International Relations and La Francophonie Christine St-Pierre for the first “Québec Day in Philadelphia.” Co-organized by the City of Philadelphia, the Québec Government and the World Trade Center of Greater Philadelphia, the full-day event was designed to strengthen economic and political ties between the Province of Québec (Canada) and Pennsylvania, and particularly Philadelphia.
Québec Day in Philadelphia kicked off with a roundtable discussion on Pennsylvania and Québec’s experiences in working with community and economic development organizations to attract immigrants and promote their professional integration. With a view to share best practices, Minister St-Pierre and the Director of Immigrant Affairs Miriam Enriquez delivered opening remarks. The President and CEO of the Welcoming Center for New Pennsylvanians Peter Gonzales moderated the ensuing discussion with panelists from the Office of Immigrant Affairs, City of Philadelphia, Nationalities Service Center, the City of Montreal and the Board of Trade of Metropolitan Montreal.
“The Office of Immigrant affairs was honored to take part in the first ever Québec Day in Philadelphia, which saw a number of events take place around the city, all with the objective of strengthening commercial, cultural and educational relations between Québec and Pennsylvania,” said Miriam E. Enriquez, Director of Immigrant Affairs at the City of Philadelphia. “At the morning immigration round table event, it was great to share experiences and learn from each other on how to successfully integrate immigrants into the economic, cultural and civic fabric of our cities.”
Pennsylvania-Québec Business Luncheon
A luncheon, co-organized by the Québec Government Office and the World Trade Center of Philadelphia, was held at the Union League of Philadelphia where both Pennsylvania Secretary of Community and Economic Development Dennis M. Davin and Minister St-Pierre addressed the business community on opportunities to further expand the already strong trade ties between Pennsylvania and Québec and the economic benefits to both regions that would result.
“I want to thank the City of Philadelphia and the World Trade Center of Greater Philadelphia for helping to make the first Québec Day in Philadelphia such a success,” said Québec’s Delegate General Jean-Claude Lauzon. “Our goal was to raise awareness of the ample opportunities for increased trade and partnerships. I think we have accomplished that today, but Québec will be back and will continue to be committed to making this relationship grow further.”
“The Department of Commerce was honored to work with the Québec Government Office to organize Québec Day in Philadelphia,” said Harold T. Epps, Commerce Director at the City of Philadelphia. “Bilateral trade between Québec and PA totaled $3.7 billion in 2015. We want to have Philadelphia play a central role in increasing that number. The various events that took place on Québec Day are all part of that effort.”
“Connecting companies with promising market opportunities to grow their business globally supports the mission of The World Trade Center of Greater Philadelphia,” said Linda Mysliwy Conlin, President of the World Trade Center of Philadelphia. “We were pleased to work with the Québec Government and the City of Philadelphia in bringing together business and government leaders from both regions to identify and pursue best opportunities for increasing trade and investment.“
Minister St-Pierre later attended a special event at the Henry C. Lea Elementary School that highlighted the school’s French language program and partnership with the Québec Government Office in New York and a sister school in the City of Magog, Québec.
Flag Raising and Ceremony at City Hall
Québec Day in Philadelphia concluded with a flag raising ceremony and networking reception at City Hall.
“It was a privilege for the Office of the City Representative to take part in the celebration of Québec Day in Philadelphia,” said Sheila M. Hess, City Representative at the City of Philadelphia. “Québec Day highlighted the historic Québec-Philadelphia relationship, strengthened our bond as proud World Heritage Sites, and provided an invaluable opportunity for our City’s business, academic, and cultural representatives to explore the potential for new partnerships and exchanges with the Québec Delegation.”
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.
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
WTCGP and Tianjin delegation exchange details on trade and investment opportunities for both regions at recent meeting in Philadelphia
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.
2016 World Trade Centers Day Annual Awards and Celebration Connects Region's Civic and Economic Leaders with Trade Community
PHILADELPHIA, Pa. - After September 11, 2001, the World Trade Centers Association (WTCA), in cooperation with the United Nations, chartered a day to be celebrated around the world as World Trade Centers Day. The 330+ world trade centers worldwide organize activities ranging from conferences and dinners to other cultural and educational events, spreading the world trade centers' message of peace and prosperity through global trade.
Recognized this year on May 4 during World Trade Month and held at the Independence Seaport Museum, the World Trade Center of Greater Philadelphia (WTCGP) awards ceremony and reception celebrated both the WTCGP honorees, and also the role of trade and exports in strengthening the region’s economy. Event attendees had the opportunity to meet WTCGP’s award honorees and network with high level business leaders, thereby establishing valuable international business connections. NBC 10 anchor and reporter Rosemary Connors, served as emcee.
Global Business Leadership Award
The 2016 Global Business Leadership Award was presented to Jerry Sweeney, President, CEO and Trustee of Brandywine Realty Trust and Chairman of the Philadelphia Regional Port Authority, for his visionary work in real estate development and in transforming the landscape of the Greater Philadelphia region along both sides of the Delaware River. From Philadelphia's iconic Cira Centre, the future FMC Tower and Cira Centre South to the Schuylkill Yards Innovation Development and the new Subaru of America corporate campus in Camden, Jerry and Brandywine are making our communities competitive global business destinations. As Chairman of the Philadelphia Regional Port Authority, Jerry is also playing a key role in strengthening the Port's infrastructure, increasing its capacity and enhancing its reputation as a hub for global trade.
If you missed WTCGP's Annual Awards Celebration and Reception, you missed a celebration of trade and exports in this region - and a chance to make valuable international business connections!
Don't miss out - join WTCGP now for exclusive member benefits, education and events like this one!
We hope you join us at next year's World Trade Centers Day Annual Awards and Celebration!
(To read more about WTCGP's annual celebration and view honoree acceptance videos, click "Read More.")
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.
Watch this space for WTCGP news, events, press, and more!