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.
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.
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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