e-News & Events Update

Greetings! 


 

Where were Panama hats--woven from jipijapa leaves--first made?
 

         A)  Ecuador

         B)  Peru  

         C)  Colombia 

         D)  Honduras


IN THIS ISSUE
Upcoming WTC Delaware Events
Featured Member Profile
Regional Events
Impact Analysis
Online Library
WTCA News
Online Training
Trade Events
New & Renewed Members
Last Week's Trivia Question
WTC Delaware - New Website Launch
Continue to visit our new website as we add new features


Member Pages

The new site includes a categorized directory listing and member profile page for each of our members.

We encourage members to visit their member page on the new website and send us any additional information or photographs that you would like to appear on your page.

For a look at a completed Member Profile page please go here.



Do you know a graphic designer who may be interested in volunteering time and talent to
WTC Delaware?  If so, please contact us at info@wtcde.com or 302-656-7905.

WTC Delaware Events 

Latin America Business Roundtable

 


Speaker:   Benjamin Leavenworth

                  Honorary Consul of Chile to Greater Philadelphia

Date:        Tuesday, December 7, 2010

Time:        8:00- 10:00 am 

Location:   WTC Delaware Conference Room

 

This Event is for Members ONLY. 


WTC Members are invited to unite in a casual discussion on successes, patterns in the marketplace, partnerships, logistics, and more. This interaction between companies gives you an
opportunity to learn from each other, overcome obstacles and challenges, and potentially discover new ventures.

 

With numerous port expansions throughout the region, including the conclusion of the Panama Canal expansion, Latin America is saturated with up and coming business opportunities. While doing business in such a diverse economic region, an opportunity to gather inside information and network with others already doing business in the region may prove invaluable.

 

For more information on becoming involved in the Latin America Roundtable Discussion, please
contact Cheryl Landry at clandry@wtcde.com, or (302) 656-7905.


 

REGISTER

INCOTERMS 2010

Are you ready for the new rules?


Speaker:   Peggy Chaplin Louie

                  Sandler Travis & Rosenberg, P.A.

Date:         Wednesday, December 15, 2010

Time:        8:00 - 10:00 am

Location:   TBA

 

The ICC's latest revision comes in to force on January 1, 2011 so there are only a few weeks left to prepare for its arrival.


Since the International Chamber of Commerce (ICC) devised them in 1936 INCOTERMS® trade terms have assisted international traders in structuring their commercial transactions.  The terms define obligations and responsibilities between the buyer and the seller in critical areas such as:
  • Routing of cargo
  • Insurance
  • Transfer of risk
  • Delivery
  • Division of costs
  • Customs formalities etc.
  
The revision includes a number of notable changes:
  • Removal of the  terms DDU, DES, DEQ and DAF
  • Addition of the terms Delivered At Place (DAP) and Delivered At Terminal (DAT)
  • Guidance for selecting the appropriate rule relative to the mode of transit
  • Advice for using electronic procedures
  • Discussion of security related clearances
  • Inclusion of INCOTERMS® trade terms within domestic contracts

Users of the INCOTERMS® trade terms must act quickly to incorporate changes into their business practices. 

 

For more information on this business seminar, please contact Cheryl Landry at clandry@wtcde.com, or (302) 656-7905.


 

Register online


 
UPCOMING WTC DELAWARE EVENTS

December 7, 2010        Latin America Business Roundtable

8:00 - 10:00 am             Register

December 14, 2010      Asia Business Roundtable

8:00 - 10:00 am             Register

December 15, 2010      Incoterms 2010 - New Rules Coming Jan 1
8:00 - 10:00 am             Register           

For more information on any of the above events, please contact WTC Delaware at 302.656.7905 or email us at info@wtcde.com
Featured Member
December 2010

Precision Air Convey

Since 1968, Precision Air Convey Corp. (PAC), has served the world's largest corporations en route to becoming the industry's global leader. PAC customers include many of the most respected names in the converting, nonwovens, paper, printing, textile, label, plastics and other industries such as Kimberly-Clark, Procter & Gamble, Sealed Air Corp. and Avery.

PAC is recognized for its advanced engineering expertise, PAC designs custom engineered solutions that provide soaring increases in productivity while reducing landfill volume, eliminating labor, quieting noise and cutting costs.


Read more....

Member Profile Page
REGIONAL EVENTS OF INTEREST

2010 Trade Finance Conference

  

Hosts:    World Trade Center of Greater Philadelphia & USEAC

 

When:   December 8, 2010

              8:00am- 3:00pm

  

Where:  Alter Hall, 7th Floor
              Temple University

              1801 Liacouras Walk 
              Philadelphia, PA 19122

  

Cost:     Non-Member Fee: $65
              Member Fee: $65

  

Please join the Philadelphia USEAC and the World Trade Center of Greater Philadelphia at the 2010 Trade Finance Conference! This event offers a unique opportunity for exporters and bankers to discuss the many export finance programs offered by local banks and U.S. government agencies.


Exporters in the region (including small and medium-sized companies) will learn about innovative trade finance products, methods of export finance, and will have the opportunity to meet with bankers and trade finance specialists one-on-one.


Topics Covered Include:

  • Managing Foreign Exchange Risk in Uncertain Times
  • Getting Paid Using Cross Border Trade Tools and Methods of Payment
  • Obtaining Sufficient Financing to Grow Your Export Business
  • Risk Mitigation of International Receivables

FLYER

REGISTER NOW

Other Regional Events

DECEMBER 2010/January 2011

 

December 8, 2010                2010 Trade Finance Conference

                                                Philadelphia, PA - More Information

December 8, 2010                WTCI 21st Anniversary International Wine Tasting

                                                Baltimore, MD - More Information

                                              
IMPACT ANALYSIS
Issues Impacting Global Business
November-December 2010 Issue

Today's post-recessionary economic realities combined with dynamic global trends are impacting virtually every aspect of our lives. Unless organizations understand and adapt, succeeding in the years ahead will be extremely difficult (p1-4).


The public is routinely bombarded with misleading or simplistic trade coverage. As a result, America's attitude toward international business has soured (p5).


Manufacturing employment has fallen by one-third over the past decade. Some Members of Congress contend that foreign trade and offshoring are the causes. Surprising to many, technology-not trade-has driven down manufacturing employment
(p6-8).


Impact Analysis
ONLINE LIBRARY 

FileShare System


Amongst 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 "Members Login" section in the right column of the WTC Delaware homepage.  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.

WORLD TRADE CENTERS ASSOCIATION NEWS
What is going on in YOUR network?


Consumer Electronics Association® (CEA), owner of WTC Las Vegas, to host 2011 International CES® (CES)


LAS VEGAS - CEA, owner of WTC Las Vegas, will be producing the International Consumer Electronics Show January 6-9, 2011 in Las Vegas, Nevada. As the world's largest consumer technology show, more than 120,000 industry professionals from more than 130 countries attend CES each year. In conjunction with the International Association of Science Parks (IASP) and WTC Las Vegas, CEA has created a new area on this year's CES show floor called the CES Science and Tech Development Zone. This new TechZone will house three specific "Parks": Start Up Central Park, CES Science and Research Park and World Trade Park, each catering to a specific science and technology development audience.


Members of the WTC community receive $100 off the $200 CES registration fee.


Read More

WEB EVENTS / ONLINE TRAINING
December 2010
TRADE EVENTS
NEW & RENEWED MEMBERS - November 2010

SUSTAINING
HSBC Bank
 
STANDARD CORPORATE / ENTREPRENEURIAL
Dole Fresh Fruit Co.
Wing Man, Inc.

OVERSEAS CORPORATE 
Alternative Extreme Vacations Inc.
A-Z Green Energy Warehouse Incorporated
Crossing Borders Education Inc.
DMG Services Inc.
Gaetano LLC
Milexco LLC
New Way Marketing, Inc.
Quality One Roofing, Inc.
Ware Cie LLC
LAST WEEK'S TRIVIA QUESTION
 
Thanksgiving was adopted as an annual custom in 1817 by the State of New York. What day did this Thanksgiving celebration take place?


   A) the third Thursday of the month
   B) the fourth Thursday of the month
   C) the date to be decided annually by the U.S. President
   D) each state celebrated on its own date


Answer: D - each state celebrated on its own date in 1817

Though the first Thanksgiving was celebrated at Plymouth Rock in 1621, the custom spread throughout the colonies, each region choosing its own date.  In 1789 George Washington, the first U.S. President proclaimed November 26th as a day of Thanksgiving.  However, the holiday continued to be celebrated on different days in different states.

On October 3, 1863, Abraham Lincoln issued a 'Thanksgiving Proclamation' and officially set aside the last Thursday of November as the national day for Thanksgiving.  In 1939 the date was again changed by President Franklin D. Roosevelt to the third Thursday of the month in order to lengthen the Christmas shopping season and stimulate the economy.

In 1941, Congress returned Thanksgiving to the fourth Thursday of the month and declared that from then onwards Thanksgiving would be a legal holiday.

WTC Delaware
Sustaining  Corporate Members

Creative Communications     
  

Citizens Bank     

The World Trade Center Delaware is a private-sector, non-profit organization
 that assists companies doing business in the global marketplace.

World Trade Center Delaware
702 West Street
Wilmington, DE 19801
ph: 302-656-7905
fax: 302-656-7956
www.wtcde.com

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Hours of operation: Monday - Thursday 8 am - 6pm