June 19, 2007

FEATURED STORY

Fifth Dinner Done … Many More to Go!

The World Trade Center of Greater Philadelphia (WTCGP) reached an important milestone when it held its Fifth Annual World Trade Centers Day Dinner on June 7, 2007. More than 270 WTCGP members and partners, clients and sponsors gathered in the historic Union League in Center City Philadelphia to show their support for the WTCGP and 2007 WTC Day Dinner honorees.

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IN THIS ISSUE

Taking Advantage of the WTCA Global Network

The World Trade Centers Association (WTCA) was established in 1970 to facilitate international trade by bringing together exporters, importers and service providers. Since receiving its license from the WTCA in 2002, the World Trade Center of Greater Philadelphia (WTCGP) has quickly distinguished itself as one of the association’s most active members. In several instances over the past year alone, the WTCGP has cooperated closely with World Trade Centers in Latin America, Europe and Asia. This global reciprocity has enabled the WTCPG to provide its members and clients with the highest level of trade services and direct access to a powerful network of international trading partners and resources.

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PA and NJ Record Double-Digit Growth in Q1 2007

Source: TradeStats Express
Pennsylvania and New Jersey recorded double-digit growth in merchandise exports in the first quarter of 2007 when compared to the same period of last year. Pennsylvania’s exports growth of 12.6% and New Jersey’s – 15.7% both exceeded the national average growth of 10.7%. Pennsylvania observed the greatest increase in goods exports to the United Kingdom ($99 million); Japan ($89 million) and Germany ($87 million). New Jersey recorded the greatest growth in dollar value with Japan ($222 million); Israel ($170 million) and Germany ($137 million).

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China Operations Club at the Philadelphia Regional Port Authority

WTCGP CEOs' China Operations Club roundtable meeting at the Philadelphia Regional Port Authority on June 12, 2007

Quality of infrastructure is a key factor of a country’s trade capability with port infrastructure specifically having one of the largest impacts on international trade. Thus, the WTCGP CEOs’ China Operations Club June roundtable meeting focused on potential business opportunities resulting from port expansion projects both here in Philadelphia and in China.

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PA Companies Explore Opportunities in China and Mexico

The first week in June turned out to be a very busy period for the WTCGP. In addition to the WTC Day Dinner on June 7, the WTCGP organized one-on-one meetings for two Pennsylvania Authorized Trade Representatives (PA ATRs) on June 4 and June 8. Sixteen Pennsylvania companies met with Steven Zou, PA ATR from China, Beijing, and Efren Flores, PA ATR from Mexico. The meetings were held at the WTCGP Conference Center with companies from many diverse industry sectors, including IT, electronics, recreation, chemical, publishing, agriculture, health, and food processing. The meetings were very productive with both PA Reps providing detailed advice and counseling to the companies.

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Upcoming Events

June 27, 2007 - Visit of PA Authorized Trade Representative from Saudi Arabia

June 28, 2007 - Visit of PA Authorized Trade Representative from the Czech Republic

July 12, 2007 - Visit of PA Authorized Trade Representative from the Eastern Mediterranean

July 25, 2007 - "Cultural Differences in Doing Business with Other Countries"

WIL Summer Meeting

August 9, 2007 - WTCGP Quarterly Briefing: "India as an Economic Powerhouse" (organized in cooperation with Temple University Fox School of Business)

More Events...

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Leadership Council

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

 

White and Williams LLP

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Pennoni Associates Inc.

 

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GEO Specialty Chemicals

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Gallagher Fluid Seals Inc.

Princess Reina Cleaning Services

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New Jersey Technology Council

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Radi, Gebrehiwot

Mission Statement

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/