Southern California December Monthly Newsletter
Webinar: Colombia and Panama: Significant Opportunities for Exports of U.S. Products and Services
The Foreign Trade Association invites you to join Senior Commercial Officers Cameron Werker, U.S. Embassy Bogota, Colombia and Daniel Crocker, U.S. Embassy Panama City, Panama as they discuss via webinar opportunities for U.S. goods and services exports to these dynamic markets.
In the eyes of U.S. exporters, Colombia may suffer more from the perceptions of the past than the realities of the present. The past 10 years have brought extraordinary change and the political stability, growing middle class, and improved security has created an economic boom. Demonstrating the positive long-term effect of Colombia’s political and economic policies, GDP growth of between 5 and 6 percent is expected for 2012. The United States is Colombia’s largest trading partner and Colombia is the 22nd largest market for U.S. exports in 2011. U.S. exports to Colombia in 2011 topped USD 14 billion, an increase of more than 15 percent over 2010.
The United States-Colombia Trade Promotion Agreement entered into force on May 15, 2012. On the day of implementation, over 80 percent of U.S. industrial goods and more than half of U.S. exports of agricultural commodities became duty-free.
The U.S. is Panama's most important trading partner, with about 30% of the import market, and U.S. products enjoy a high degree of acceptance in Panama. In 2011, U.S. exports to Panama jumped 34% to $8.25 billion – in no small part due to the fact that Panama’s economy grew 10.5%. Its strategic location as a bridge between two oceans and the meeting of two continents has made Panama not only a maritime and air transport hub, but also an international trading, banking, and services center.
The United States-Panama Trade Promotion Agreement (U.S.-Panama TPA) entered into force on October 31, 2012 and on this day over 87 percent of U.S. industrial goods and more than half of agricultural commodities exports to Panama became duty-free. The U.S.-Panama TPA also increased access to Panama’s $20.6 billion services market. There are also significant infrastructure opportunities in the ongoing $5.25 billion Panama Canal expansion project, as well as through the almost $10 billion in other significant infrastructure projects, including construction of a highway between Colon and Panama City, the expansion and modernization of the Tocumen International Airport, and a mega-port project for container ships on the Pacific side of the Panama Canal.
Guangdong Investment Environment Promotion and Matchmaking Meeting/Luncheon for Key Industries in U.S.
Luncheon Free of Charge
Please R.S.V.P. to Ms. Kelly He, AmCham Project Coordinator, at Tel: 86-20-83351476 ext 39 or Email: firstname.lastname@example.org.
Webinar: Franchise Opportunities in the Middle East: Egypt, Jordan, Qatar
ExporTech: An Export Acceleration System for Achieving Profitable Growth
Provides your company with a systematic process for entering or expanding in global markets; Connects you with the best international business experts in the region; assists you to develop a peer-reviewed export growth plan in 12 weeks; Involves a unique combination of innovative group sessions and individualized coaching.
Global Market Intelligence Webinar Series
The Irvine Chamber of Commerce organizes this monthly Webinar presentation for US exporters on market/country opportunities and special export-related topics including international trade finance, export regulations compliance, transaction insurance, success stories, logistics, and other critical aspects of export business operations. Archives of previously recorded Global Market Intelligence Webinar also available at www.irvineglobalmarkets.com.
Fundamentals of Export Compliance - A 2-Day Course
Date/Time: January 10-11, 2013 / Registration: 8:45 a.m.; Workshop 9:00 a.m. - 4:00 p.m. each day
CALLING ALL U.S. BUSINESSES:WHAT YOU MUST KNOW ABOUT INTELLECTUAL PROPERTY TO ENSURE YOUR SUCCESS AS A BUSINESS AND AS AN EXPORTER
Open Discussion with USPTO Experts (invited guests) and with Crowell & Moring attorneys
SAVE THE DATE: Asia Pacific Business Outlook Conference 2013