FEATURED STORY |
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Brazil, Chile and India in One Month
March turned out to be a very informative and productive month for Pennsylvania companies. On March 15, 2007 WTCGP members and clients interested in pursuing international business opportunities in Latin America met with two Pennsylvania Authorized Trade Representative (ATRs), Fabio Yamada (Brazil) and Sergio Kalm (Chile). See full article. |
IN THIS ISSUE |
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Profile of Exporting Companies, 2004-2005 Small- and medium-sized companies, those employing fewer than 500 people, accounted for 97% of all identified exporters and 29% of all the known exports in 2005, reported the U.S. Census Bureau and the U.S. Department of Commerce in a recently released report “A Profile of Exporting Companies, 2004-2005.” In the manufacturing sector, 96% of exporters were classified as SMEs, while for wholesalers this statistics was even higher – 99%. See full article. Free Trade Agreement with Korea Concluded The United States concluded an historic agreement with the Republic of Korea on April 1, 2007. The two countries agreed to eliminate tariffs and other barriers to trade in goods and services, promote economic growth and strengthen economic ties between the United States and Korea. The new agreement, KORUS FTA, will eliminate virtually all tariffs within 10 years, allow trade in remanufactured goods, provide increased market access for U.S. auto manufacturers, expand markets for U.S. farmers and ranchers, provide new protections for U.S. investors, etc. See full article. New Opportunities for Trade in European MarketsThis year’s World Trade Center Regional Meeting will be held in Cologne, Germany from June 20 – 24, 2007. In addition to attendees from WTCs in Europe, Africa and the Middle East, there will be representatives from Mexico, Canada, Russia, Asia and the United States. A focal point of the assembly will be matchmaking meetings with potential trading partners in European markets. See full article. LCR Electronics Succeeds in Turkey LCR Electronics, a WTCGP member, signed a new distributor in Turkey in March 2007, which marked the company’s first success in its strategy to pursue opportunities in new Eastern European markets. "Just wanted to follow up regarding Turkey,” wrote Nissen Isakov, president of LCR Electronics after his very short but successful trip to this Mediterranean country. “I would like to thank you all for all your help with this project - all your efforts are truly appreciated - and hopefully we will see positive results in the near future." See full article. |
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Upcoming Events |
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WTCGP Quarterly Briefing: "International Partnerships for Technology Companies" Visit of PA Authorized Trade Representatives for Germany, Japan, Korea and the United Kingdom Visit of PA Authorized Trade Representatives for China/Shanghai Sponsorship Opportunities June 7, 2007 Fifth Annual World Trade Centers Day Dinner |
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Leadership Council |
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Delaware River Port Authority
Economic Development Administration (EDA)
LeBow College of Business, Drexel University
PA Department of Community and Economic Development
Philadelphia Industrial Development Corporation |
Ambassador Members |
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Board of Directors |
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Meet Our New Members |
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Small Business Language Services Associates, Inc. The PHILA Coatings Chemicals, USA, Inc. Student Hana Stecova Martin Soler |
Mission Statement |
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The World Trade Center of Greater Philadelphia provides a world-class portfolio of services that enhances international trade growth and leads the Greater Philadelphia region to economic prosperity. |
Contact Us |
| World Trade Center of Greater Philadelphia, Inc. • One Port Center, 2 Riverside Drive, P.O.Box 1949, Camden, NJ 08101-1949 Phone: 856.968.2057 Fax: 856.968.2056 info@wtcphila.org http://www.wtcphila.org/ |