FIRST ANNUAL SEPTEMBERFEST
A Networking Event Co-Hosted by World Trade Center, Wilmington University and NAPM (National Association of Purchasing Management.)
September 29, 2009 
Location: DuPont Country Club
1001 Rockland Road
Wilmington, DE 19803
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SCREENING OF AIR CARGO AND ITS IMPACT ON YOUR BUSINESS SEMINAR
September 30, 2009
Speaker: Jerry Trimarco
Vice President of Transportation for UPS Supply Chain
Location: Delaware Small Business Development Center (SBDC)
One Innovation Way, Suite 301
Newark, DE 19711
Time: 8:30 - 11:30am
Cost: WTC Delaware Members: $20, Non-members: $30, Students: $20
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INTERNATIONAL BUSINESS CERTIFICATE SERIES
ABCs of Importing / Exporting - Session I
October 7, 2009
Speaker: John Pastor
Director, International Trade & Development, State of Delaware
Location: Small Business Development Center
1 Innovation Way, Suite 301
Newark, DE 19711
Download Flyer
Register Online
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Import/Export Logistics & Documentation, IncoTerms - Session II
October 14, 2009 Speaker: Elliott Smith
Kintetsu World Express
Location: Small Business Development Center
1 Innovation Way, Suite 301
Newark, DE 19711
Download Flyer
Register Online
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International Payments & Risk Mitigation - Session III
October 21, 2009 Speaker: Susan Raymond
M&T Bank, Assistant VP, International Trade Services & Foreign Correspondent Banking
Location: Small Business Development Center
1 Innovation Way, Suite 301
Newark, DE 19711
Download Flyer
Register Online
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PORT OF WILMINGTON MARITIME SOCIETY'S FALL LUNCHEON
October 1, 2009
Speaker: Alan Levin
Director, Delaware Economic Development Office
Chairman, Diamond State Port Corporation
Location: Hotel duPont
duBarry Room
11th & Market Streets
Wilmington, DE 19801
Time: 12:00 - 1:30pm
Cost: POWMS members: $35, Non -members: $45
Please note: POWMS is extending WTC Delaware Members registration for this event at the member rate.
Please RSVP by Friday, September 25, 2009
To register, please fill out the registration form and fax to (302) 656-7956.
You may also call or email Sean Kathleen Curran at (302) 656-7000 or scurran@wtcde.com |
U.S. CHAMBER TRADE STUDY: 500,000 AMERICAN JOBS AT RISK
Donohue Points to Inaction on FTAs, 'Buy American' and
Trucking Standoff as Threats to American Jobs
WASHINGTON, D.C.-The U.S. Chamber of Commerce released a study today exposing the economic cost-particularly in lost American jobs-resulting from the failure to approve pending trade agreements, "Buy American" rules in the stimulus bill, and the U.S. refusal to implement cross-border trucking with Mexico. "Half a million American jobs are at risk if the U.S. fails to move forward on trade," said Thomas J. Donohue, president and CEO of the U.S. Chamber while unveiling the study today before more than 300 small business exporters at the Michigan Chamber of Commerce. "We need to jumpstart America's export economy because we can't rely on consumer spending, business investment, or ballooning government expenditures to drive our recovery."
The study, entitled Trade Action - or Inaction: The Cost for American Workers and Companies found the U.S. could suffer a net loss of more than 380,000 jobs and $40 billion in lost export sales if it fails to implement its pending trade agreements with Colombia and Korea while the European Union and Canada move ahead with their own agreements with the two countries.
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| IMPACT ANALYSIS
Issues Impacting Global Business
September - October 2009 Issue
The recently held North American Leaders Summit with President Obama, Canadian Prime Minister Harper and Mexican President Calderon failed to enhance regional competitiveness. Few vital issues were discussed, while disputes continue to cause friction (p1-2).
The BRICS-Brazil, Russia, India and China-wish to exert greater unified influence. But can they? More divides than binds them (p3).
Chinese companies are racing up the technology ladder and threatening many North American industries in the process. Read what you can do (p4-6).
U.S. trade policy is unclear and the ambiguous signals are confusing. This needs to change (p7-8).
Impact Analysis |
 10% DISCOUNT FOR
WTC DELAWARE MEMBERS
Strengthen Your Credentials
WTC Delaware and the University of Delaware Division of Professional and Continuing Studies (PCS) would like to announce a recent partnership. WTC Delaware Members now have the opportunity to strengthen their credentials through professional & continuing study programs at the University of Delaware Division of PCS at a discounted rate of 10%. Certificate programs are offered by the University of Delaware Division of PCS in the following fields:
Certificate Program Details
Please contact Rebecca Faber at rfaber@wtcde.com or 302-656-7905 for more information and to obtain the WTC Delaware Member registration discount code. |
 REGIONAL INTERNATIONAL EVENTS - 2009
"Global Trade Today and the Risk of Protectionism."
Hosted by the Global Interdependence Center
September 18, 2009
Location: Federal Reserve Bank of Philadelphia
10 Independence Mall # 1
Philadelphia, PA 19106-1574
This half-day program is entitled "Global Trade Today and the Risk of Protectionism." Speakers include Ambassadors from the EU Commission in Washington, D.C., and the Gulf Cooperation Council in New York City. Peter Alois is chairing this event for the Global Interdependence Center. Peter is a retired American commercial diplomat with his own export consulting company based in West Chester. Other speakers are from Moody's Economy, West Chester University and the Consulates of Canada and of Mexico in Philadelphia.
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- 09/25/09- 2009 French Roadshow Tour - French String Instruments, Wilmington, DE
- 09/25/09- Maryland International Trade & Embassy Conference, North Bethesda, MD
- 09/28/09- India: Opportunities in Aerospace and Defense, Annapolis, MD
- 10/09 - Harrisburgh Trade Rally
- 10/09 - Launch of Pennsylvania's Faces of Trade
- 10/05/09- Association of American Chambers of Commerce in Latin America 42nd Annual Meeting, Washington DC
- 10/17/09- People To People 25th Anniversary: Power Up Gambia, Wilmington Country Club
- 10/19/09- World Affairs Council of Wilmington Lunch with author Dr. Haleh Esfandiari
- 11/17/09- The future of U.S. - Russia Business Ties: Opportunities or Constraints?
- 12/02/09- Gala Dinner Honoring one of America's Favorite French Actresses, Leslie Caron. Philadelphia, PA. For more information please call the Alliance Francaise at 215-735-5283.
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TRADE EVENTS
Trade Mission from Vietnam Coming to Delaware
September 21 - 24, 2009
A Vietnam Trade Delegation will be visiting Delaware later this month and will be comprised of represenatives of companies in the following industries: Real Estate, Market Research, Advertising, Trade Services, Business to Business, Garment, Food and Agriculture Products for Export, Ceramics and Pottery for Export, and Travel Services.
The representatives are visiting Delaware for a range of purposes, including How to Incoporate in the US, Market Research, and Buyer and/or Partner Searching.
If you are intersted in meeting the delegation please contact Rebecca Faber at rfaber@wtcde.com |
 ONLINE LIBRARY FileShare System
The newest addition to WTC Delaware's resources is the FileShare system. This online resource is available to WTC Delaware members and offers, amongst other things,
-Seminar Presentations
-Country Profiles
-Import/Export Guides
-Traveler information (Travel Dossiers available upon request)
-Industry specific information for foreign countries
From the WTC Delaware website, enter your email address and password in the WTC Delaware FileShare Login section in the left column. If you do not have your password, please contact us at 302-656-7905 or info@wtcde.com and we will send it to you.
The FileShare system also provides members with a place to upload company information and brochures as well as access to WTC Delaware Member logos available for use by members. |
OFAC CHANGES CUBAN ASSETS CONTROL REGULATIONS
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has amended the Cuban Assets Control Regulations to implement President Obama's initiative of April 13, 2009 to ease the rules in several major areas: family visits, family remittances, telecommunications, agricultural and medical devices.
These changes will authorize transactions that are necessary for establishing facilities to provide telecommunications services linking the United States and Cuba, including fiber-optic cable and satellite facilities. Travel transactions for the commercial export of telecommunications-related items and participation in telecommunications-related professional meetings are also authorized.
The changes will also ease the rules on travel-related transactions that are directly incident to the commercial marketing, sales negotiation, accompanied delivery or servicing in Cuba of agricultural commodities, medicine, or medical devices that appear consistent with the Department of Commerce's export or reexport licensing policy. Click here to view the entire rule. |
COLOMBIA AND KOREA FREE TRADE AGREEMENTS 
Colombia
The United States Trade Representative (USTR) is conducting a review of labor-related issues in the context of the free trade agreement (FTA) between the United States and Colombia. As part of that review, the interagency Trade Policy Staff Committee (TPSC) seeks comment from the public to assist the USTR in working with the Colombian government to secure continued progress in ensuring that Colombia's workers can fully exercise their fundamental labor rights. The public is also invited to comment on other issues they believe relevant to the FTA, including the potential benefits of the agreement.
Korea
The USTR is also assessing how and to what extent the FTA between the United States and Korea makes progress in achieving the applicable purposes, policies, priorities, and objectives of the Bipartisan Trade Promotion Authority Act. The TPSC seeks public comment to assist the USTR in its assessment.
Comments should be submitted electronically via the Internet |
WTC DELAWARE MEMBER PROFILE - SEPTEMBER 2009
Marvin & Palmer Associates, Inc.
"Growth is our Business"
Established in 1986 by David Marvin and Stanley Palmer, Marvin Palmer & Associates began by managing Global Equities and U.S. Equities for institutional clients, expanding to Non-U.S. Equities in 1988 and Emerging Markets Equities in 1989. They have established one of the longest global equity track records in the money management industry.
Marvin & Palmer Associates has grown significantly over the years. They have grown from three employees, two accounts and $50 million under management, to sixty employees servicing 75 accounts with $5.7 billion under management as of July 31, 2009.
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WTC DELAWARE MEMBER NEWS Port of Wilmington
- Autoport, Inc. Signs 10-Year Agreement with the Port
- Port Wins GE Energy Logistics Project
- Diamond State Port Corporation Welcomes Two New Board Members
- Arrival of Höegh's First "Stretched" Carrier
- Juice Imports Grow Through the Port
These and other news and information available in the Summer issue of the Port Illustrated. |
SELL YOUR PRODUCTS WORLDWIDE!
Commercial News USA, The Official Export Magazine of the US Department of Commerce, has special promotions on its advertising rates for each issue. Promotions range from discounts for Rural Exporters, First Time Exporters, Prime Ad Location, to Anniversary Issue Discounts.
The catalog-style magazine is designed to help American companies promote products and services to buyers in more than 176 countries--at a fraction of the cost of other advertising options. Each issue reaches an estimated 400,000 readers worldwide.
Click here for more information on the magazine and how to advertise! | |
WELCOME LAST MONTH'S NEW & RENEWED MEMBERS!
August 2009 Members:
STANDARD CORPORATE
Catalyx Technologies LLC
OVERSEAS CORPORATE
Aeolus Power Corporation
Amega Energy Corporation
Castellblanc Corporation
Deere Assistance Services LLC
Duy Thinh LLC
Dublie.com LLC
Market2 Profit LLC
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| LAST MONTH'S POLL RESULTS & THIS MONTH'S POLL
August's Poll Results are in...
Which of the following results of the economic recession has most harshly influenced the economies of the developing world?
Decreased remittances 28%
Rising borrowing costs 17%
Falling World Trade 28%
Lower commodity prices 11%
Capital outflows 17%
Visit the WTC Delaware Home page for September's poll and cast your vote! |
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LAST WEEK'S TRIVIA QUESTION
China is the largest trading partner for Brazil, India and Japan, but which country is China's largest trade partner?
A) Japan B) United States
C) Russia D) South Korea
Answer: B) United States
The EU is actually China's largest trading partner but the U.S. is its largest trading partner among individual countries. About 30% of China's exports go to the U.S. while only 9% of its imports come from America. Japan is 2nd, South Korea is 4th and Russia is 8th. |
WTC Delaware Sustaining Corporate Members
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The World Trade Center Delaware is a non-profit organization that assists small and medium-sized companies in expanding their markets overseas, as well as raising awareness of international issues and their importance in regards to international growth.World Trade Center Delaware
702 West Street
Wilmington, DE 19801
ph: 302-656-7905
fax: 302-656-7956
Hours of operation: Monday - Thursday 8am - 6pm | |
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