February 11, 2009

FEATURED STORY

Sustainable Energy Growing Trend for International Business Success
Joanna Savvides, and Anthony Bartolomeo with keynote speakers Kenneth Esser, Jr., and Jeanne Dworetzky

On Wednesday, February 4th, the WTCGP held its 6th Annual Global Business Conference, “Sustainable Energy: From Global Evolution to Local Execution”, at Drexel University.  The event featured business and government leaders who presented on the current state and future outlook of sustainable energy.  The program began with welcoming statements from Joanna Savvides, president, WTCGP and Walter D’Alessio, vice chairman, NorthMarq Capital, Inc. followed by presentations on global energy innovations in wind, solar, and biodiesel. The second half of the conference dealt with the local application of sustainable energy projects and the economic impact on our region.  

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View pictures from this event

IN THIS ISSUE

WTCGP Increases Benefits With New Level of Membership

With a new year comes a new opportunity for WTCGP members.

We are excited to announce a new membership level.  The Enhanced Corporate membership offers the many benefits of a Corporate membership, while also providing companies with the opportunity to share their expertise.  In addition to the WTCGP Corporate member benefits, including one-on-one international trade counseling, project management, discounted rates on events and market research and eligibility for the CEOs’ China Operations Club and the International Design and Engineering Consortium (IDEC), Enhanced Corporate members receive one free event/seminar sponsorship or a speaking opportunity and eight WTCA membership cards.

The cost of the Enhanced Corporate membership is $2,500.  If you have any questions in regard to membership, please contact Jessica Lepson at (215) 586-4240 ext. 118 or jlepson@wtcphila.org.

Governor Rendell Names New Secretary of Department of Community and Economic Development

On January 22nd, Governor Edward G. Rendell named George E. Cornelius as the secretary of the Department of Community and Economic Development (DCED). Previously, Mr. Cornelius served as president and chief executive officer of Arkema, Inc, and possesses a vast record of experience in international business. Governor Rendell noted that Cornelius’ experience with Arkema, Inc., makes him a “terrific fit to build upon our international trade efforts - increasing exports while attracting more cross-border investments to our state”.

The DCED focuses on helping Pennsylvania businesses expand and attract out-of-state business in order to create economic growth within Pennsylvania. Through the Governor’s World Trade PA initiative, Pennsylvania has emerged as a strong leader in the global marketplace, with foreign companies investing approximately $484 million in Pennsylvania over the last three years and with plans to create 4,900 jobs.

U.S. Expands Trade Opportunities with Iceland Through Cooperation Forum Agreement

On January 15th, Assistant U.S. Trade Representative for Europe and the Middle East Chris Wilson, and Icelandic Minister of Industry and Energy, Össur Skarpheðinsson, signed the U.S.-Iceland Trade and Investment Cooperation Forum Agreement.  “[The] signing of the Trade and Investment Cooperation Forum Agreement is a part of a comprehensive U.S. effort to support the Icelandic Government, and will provide a vehicle for deepening and broadening already strong U.S.-Icelandic economic relations,” quoted Wilson.

In 2007, total trade between the two countries equaled $835 million, with U.S exports totaling $630 million.  This agreement will provide a gateway for bilateral trade expansion between the two nations, and increase opportunities for U.S. industries already active in trade with Iceland, including aircraft, inorganic chemicals, vehicles, machinery, and agriculture.

 

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Upcoming Events

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

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

March 27, 2009 - Briefings and Counseling with PA Authorized Trade Representatives

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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.

 

 

 

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