June 15, 2006

FEATURED STORY

300 People Join Celebration of WTC Day in Philadelphia

Hugh C. Long, II, Pennsylvania and Delaware State CEO,
Wachovia Bank; Frank Baldino, Jr., Ph.D., Chairman & CEO, Cephalon Inc.; Joanna Savvides, President, WTCGP &
James B. Ginty, Chairman, WTCGP Board of Directors

On June 1, 2006, the World Trade Center of Greater Philadelphia celebrated Annual World Trade Centers Day with a dinner attended by almost 300 WTCGP members, clients, supporters & friends. At this event, the WTCGP honored Frank Baldino, Jr., Ph.D., Chairman & CEO of Cephalon Inc., for his contributions to regional economic development, and recognized our two Business Members of the Year: Devon International Group from Pennsylvania and PortaScience Inc. from New Jersey.

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IN THIS ISSUE

Exclusive WTCGP Trade Mission to Dr-CAFTA Countries

Panama Canal

The World Trade Center of Greater Philadelphia is pleased to announce that its Latin American Trade Development Program is now actively recruiting for an exclusive Trade Mission to Panama, Costa Rica and Guatemala (September 17-23, 2006). Formal announcement of this trade mission will be held during our seminar “DR-CAFT/NAFTA: A Serious Look at Business Opportunities” on June 22, 2006 at the UPS airport facilities.

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China Operations Club Focuses on Human Resources Issues

Employees are widely thought to be the most valuable asset of most companies. However, it is often even more important to secure the right management and workforce in your international operations. On May 25th, WTCGP CEO’s China Operations Club roundtable focused on Human Resources issues in China.

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U.S. Trade Deficit Increases by Over $1.5 Billion

Total April exports amounted to $115.65 billion while imports were valued at $179.08 for the same month. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis released these statistics on Friday, June 9 in “U.S. International Trade in Goods and Services – April 2006.” In April, a $0.28 billion decrease in exports and a $1.28 billion increase in imports resulted in a goods and services deficit of $63.43 billion, $1.56 higher than in March 2006.

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Pennsylvania and New Jersey Among Top 10 Exporting States

In April 2006, total Pennsylvania and New Jersey goods exports amounted to $4.84 billion, or almost 5.83% of total U.S. exports. As a result, New Jersey ($2.55 billion) ranked 9th and Pennsylvania ($2.30 billion) ranked 10th among top U.S. goods exporting states. The top 8 states were as follows: California ($10.81 billion), Texas ($9.71 billion), Michigan ($4.68 billion), New York ($4.45 billion), Illinois ($4.13 billion), Washington ($4.00 billion), Ohio ($2.96 billion) and Florida ($2.93 billion).

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Get 25% Off Your Foreign Language Startup Site and Business Card -
Start Enjoying Your WTCGP Member Benefits Today!

The World Trade Center of Greater Philadelphia offers its members a number of valuable benefits. Throughout 2006, in each issue of WorldLinks we will explore in detail a different membership benefit.

Among the many benefits of membership in the WTCGP is our affinity program. With our members’ business needs in mind, we strive to establish more preferred pricing relationships with various service providers. As our Trade Mission to Costa Rica, Guatemala and Panama (September 2006) and Trade Mission to Romania, Serbia and Turkey (October

2006) are approaching, we have succeeded in securing a unique opportunity for all WTCGP members to save more than 25% on a foreign language business card and a startup foreign language website.

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New Member Joins WTCGP Team

We are happy to announce that the World Trade Center of Greater Philadelphia continues to grow. In June, Marquita Blanding joined us as our new Programs Assistant. We are sure she will be a wonderful asset to our organization and we are excited to welcome her to our team.

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Upcoming Events

June 22, 2006
WTCGP Breakfast Around the Region "DR-CAFTA/NAFTA: A Serious Look at Business Opportunities

July 12, 2006
Visit of PA Overseas Representatives for Middle East, Turkey and Eastern Mediterranean

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Leadership Council

Delaware River Port Authority

Economic Development Administration (EDA)

PA Department of Community and Economic Development

Philadelphia Industrial Development Corporation

Small Business Administration (SBA)

Ambassador Members

PECO Energy

Pennoni Associates Inc.

Board of Directors

Meet our Board of Directors...

Meet Our New Members

Corporate

Parente Randolph, LLC

Softmart Inc.

Small Business

GC3 Strategy LLC

Moberg Research, Inc.


Wind Lock Corporation

Reciprocal

Foreign Policy Research Institute

Individual

Maria Medrano-Armington

Student

Nelson Kardos

Julie Torchia

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/