January 14, 2009

FEATURED STORY

WTCGP To Host 6th Annual Global Business Conference

On Wednesday, February 4th, the World Trade Center of Greater Philadelphia, in cooperation with Drexel’s LeBow College of Business, will host its 6th Annual Global Business Conference, Sustainable Energy: From Global Evolution to Local Execution.  This year’s conference will focus on global innovations in sustainable energy and their impact on our regional economy. 

Attendees will hear from an expert roster of speakers including:

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IN THIS ISSUE

Dunmore Corporation, WTCGP Corporate Member, Seeks Opportunities in China

The Dunmore Corporation, a corporate member of the WTCGP, is headquartered in Bristol, PA and offers metallized, coated, and laminated films, as well as contract manufacturing in a number of industry sectors.  Dunmore has made a strong commitment to the development of the solar power industry.  As part of its strategic expansion into new international markets, the company has focused on increasing its presence in China, a world leader in the solar cell sector. 

In December 2008, with the assistance of the WTCGP and the PA Authorized Trade Representative (ATR) in Shanghai, top managers from Dunmore met with nine companies in China. In addition to meeting support for Dunmore, the PA ATR provided contract counseling and suggested other cooperative initiatives for the company.  Mr. Lee Smith, technical sales manager, says of their experience:  “We are extremely appreciative and pleased with their [the WTCGP and PA ATR] efforts.  We have already begun our follow-up and are looking forward to a return trip.” 

U.S.-Oman Free Trade Agreement Expands Opportunities in the Middle East

On January 1, 2009, the Free Trade Agreement (FTA) between the U.S. and Oman, which was signed on December 29, 2008, took effect.  With the agreement, all trade involving consumer and industrial products between the two countries will be duty free.  This FTA provides market opportunities for U.S. manufacturers in the following industries: automotive, optic and medical instruments, exports of machinery, and agricultural goods.

“The agreement … marks a milestone in strengthening ties and promoting freedom in the Middle East and it is an important step in advancing … [the] Middle East Free Trade Area (MEFTA),” says U.S. Trade Representative, Susan C. Schwab.  The Oman FTA brings the U.S. one step closer to significantly opening the Middle Eastern market - an area with nearly 330 million people and a potential $158 billion consumer market.  Countries in the region that currently have FTAs with the U.S. include Israel, Jordan, Morocco and Bahrain. 

 

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Upcoming Events

February 4, 2009 - Global Business Conference

March 12, 2009 - Breakfast Briefing: Business Opportunities in North Africa

March 14-27, 2009 - Trade Mission: Malaysia and Hong Kong

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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

 

Wachovia Bank N.A.

White and Williams LLP

Ambassador Members

Pennoni Associates Inc.

 

Sovereign Bank

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Corporate

Cardone Industries, Inc.

Small Business

Airmatic, Inc.

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.

 

 

 

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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/