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VITA's mission is to promote the Greater San
Fernando Valley as a leader in international trade
by providing our members with valuable resources,
informational programs, and referral assistance
and networking
opportunities. |
VITA Global Networking Breakfast
"Doing Business in
Brazil"
Date: Wednesday
- January 20, 2010
Time:
7:30 a.m. - 9:00 a.m.
Location: The
Valley Economic Alliance
5121 Van Nuys Blvd., 2nd
Floor
BFG Board
Room
Sherman Oaks, CA 91403
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Our speakers are Mr. Rogelio
Douglas-CEO and Founder, GBD Consulting and Gisele
Ambrosio Esq. of The Law Offices of Gisele
Ambrosio. Register and find out more at our
website www.vitainternational.org. For
additional information, please call Darcy Winters
at 818-379-7000 x109.
Non-Member Price:
$25.00 |
| Register Now - The Valley Business
Expo
Date:
Thursday
- January 28, 2010
Time:
9:30 a.m. to 5 p.m.
Location:
Pickwick Gardens Conference Center
1001 West Riverside
Drive
Burbank,
CA 91506
Cost:
$10.00 to attend all day - Free
Parking!
The Valley Business Expo
is a day-long Business-to-Business Exposition
and tradeshow. The focus is bringing
businesses who want to expand, grow, network,
and market their products and services together
with other businesses - an "everything you ever
wanted to know about business" seminar and trade
show. This event is the largest
"Business-To-Business" networking event in North
LA County.
Workshop sessions have been
designed to provide attendees with valuable
information, certain tools and access to
professional expertise to help
manage businesses through this
challenging economic
climate.
- Marketing & Advertising
- Financing Opportunities
- Social Media
- Technology Latest Trends
- Employee Morale
- Customer
Service
This Expo was attended by over
1,000 businesses last year, so it represents an
excellent marketing opportunity for all the
sponsors and exhibitors. There are several
sponsorship and exhibitor opportunities for
businesses and organizations. Registration
is now available online at www.economicalliance.org.
Sponsors and Exhibitors to date: US Bank,
City of Burbank, Metropolitan Water District,
Waddell & Reed, 3 Key Consulting, Inc,
Advantage Plus Agency, AmeriTel Inc, AT&T
Mobility, Beverly Garland's Holiday Inn, BMC,
Inc, California Lutheran University, Ciralight
Global, Inc, City of Glendale, City of Los
Angeles, Bureau of Sanitation, Commercial
Finance, Community Bank, Elavon, Employment
Development Department, Global Apparel Group
LLC, Habitat for Humanity San Fernando/Santa
Clarita Valleys, Hispanic Business
Network, Kaiser Permanente, Los Angeles
World Airports, Lowe's, Mount St. Mary's
College, Office Depot, Pierce College,
Pickwick Gardens Conference
Center, Providence Health Systems, San Fernando
Valley Business Journal, San Fernando Valley
Employer Advisory Council, San Fernando
Valley Sun, Skyline Exhibits West, SOI, South
African Consulate-General, State of California
Dept of General Services, The Daily News,
The Government Center Gazette,
UltraGlas, University of Phoenix, Waste
Management, West Coast Environmental and
Engineering and Weyant
Enterprises.
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For more information, contact the Economic
Alliance at 818-379-7000 or email egass@economicalliance.org |
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Women in International
Trade - Los Angeles Presents
"Duty Drawback
Seminar"
Updates for Drawback
Filers and Program
Participants
Date:
Thursday,
January 28, 2010
Time:
Registration and Continental Breakfast 8:00a.m.-
8:30a.m. Program:
8:30 a.m. - 12:30 p.m.
Location:
The Reef Restaurant
880 S Harbor Scenic Drive
Long Beach, CA 90802
562-435-8013
Cost: $65.00 for Members and $75.00
for Non-Members
§ CBP has
recently announced its proposal to officially
close the Los Angeles Drawback
Center.
§
The
CBP San Francisco Drawback Center will be the only
filing location on the West Coast and the Drawback
Chief is set to retire in March of
2010.
§ CBP is
stepping up enforcement of the Drawback Law by
targeting filers and claimants which translates to
an increase in drawback desk audits and CBP
Regulatory Audit reviews.
§ "Drawback
Simplification" is gaining momentum. Will it
become a reality in
2010?
§
How will these
events impact your operations, drawback revenue,
and methods of making claims for duty drawback in
the immediate future?
Our featured
speaker Maryanne Carney,
Chief, Trade Operations Branch IV, New York/Newark
and National Field Drawback Chief will be joined
by a panel of drawback expertsin presenting
current events, impact on filers and claimants,
and insights to stay compliant in this new
drawback
environment.
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Trade Mission to
Senegal and South Africa Senegal
and South Africa: Open For your
Business
Date: March 7 -12,
2010
Senegal is the main portal for
business in French-speaking Central Africa, and
South Africa is the starting point for doing
business in southern Africa. Both countries have
surging demands for high-end products and
increasing numbers of higher-income earners.
Senegal and South Africa have well-developed
infrastructures, including ports, airports, and
telecommunications systems, with opportunities for
upgrading. There is credit financing available
through the multiple lending institutions very
active there. Senegal has just received a $540
million Millennium Challenge Corporation Grant for
financing infrastructure projects. This
mission is designed to promote a cross section of
U.S. industries with clear potential in these
Sub-Saharan markets, particularly, though not
exclusively, in the best U.S. export
sectors.
U.S.
companies have the chance to launch or increase
their current sales in these growing markets by
joining this Executive-Led Trade Mission to
Senegal and South Africa..
Cost: After a
company has been selected to participate on the
mission, a payment to the Department of Commerce
in the form of a participation fee is required.
Principal participant fee: $3,500 (for Small
and Medium sized Business)
and 5,200 (for larger businesses, with over
500 employees)
Additional firm representative:
$650
Expenses
for travel, lodging, most meals, and incidentals
will be the responsibility of each mission
participant.
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Wave of
Imports Lifts Ports
Article from Los Angeles
Times, January 12, 2010
Written by Ronald
White
Imports at the nation's
trade gateways -- including the ports of Los
Angeles and Long Beach -- appear to have ended
their long decline and are poised for a strong
recovery, according to preliminary data released
Monday.
Cargo volume at ports on the
Atlantic, Pacific and Gulf coasts were higher in
December than a year earlier, the first such
gain in 28 months, according to the National
Retail Federation and consulting firm Hackett
Associates.
Final results for the two
local ports won't be available until next week,
but economists who track volume at the nation's
busiest ports each month called the new report
the strongest sign yet that the bottom-dwelling
days are over.
"It's the first strong
sign that a recovery is finally underway, and
it's being driven mostly by retailers restocking
their inventories and by the impact of the
economic stimulus package," said Ben Hackett,
founder of Hackett Associates, a business
consulting firm that tracks seaport, railroad
and trucking industry volumes for some of the
nation's biggest retailers.
Hackett said
the strongest gains in volume would be on the
West Coast. That's particularly important
because international trade provides so many of
the region's jobs. The company tracked activity
at ports in Los Angeles, Long Beach, Oakland,
Seattle and Tacoma on the West Coast; New
York/New Jersey, Virginia, Charleston, S.C., and
Savannah, Ga., on the East Coast; and Houston on
the Gulf Coast. In 2009, a total of 12.7 million
containers came into those ports, the lowest
figures since 2003 and a decline of 17% from the
15.2 million in import containers in 2008. But
there was a slight uptick of 1.7% in December
from a year earlier.
At L.A. and Long
Beach, the improvement will be most obvious in
February, the report said, when about 496,000
containers are expected to come into the twin
ports, which would be an increase of 40% from
February 2009, the ports' worst month of the
recession.
The report said that Los
Angeles and Long Beach should see growth of
about 3%, or about 3.3 million containers,
through June, compared with the first half of
2009.
"We watch our numbers like a hawk,"
said Geraldine Knatz, executive director of the
Port of Los Angeles, in a recent interview.
"We're maintaining our market share." Her
counterpart at the Port of Long Beach, Richard
Steinke, said he was always confident that "the
cargo will come back. It may not come back as
rapidly as in the early 2000s, but it will be
back."
Bigger trade numbers mean more
money, which boosts the local economy like the
arrival of the '49ers during the Gold Rush days,
said John Husing, an economist who studies
trade's effects on the Inland Empire's vast
warehouse and distribution network for retail
goods.
"It didn't just help the people
who found the gold; it had secondary impacts
when the money from that gold was spent in local
general stores and saloons," Husing said. "This
will mean more work for dockworkers, truck
drivers, warehouse employees, rail workers, and
they will spend those dollars here in the
region."
There were some important
caveats.
Hackett said that most of the
increasing volumes "would come first at the low
end of the value chain, involving low-cost
retail outlets. There won't be a significant
increase in the upper range of consumer
durables, high-end electronics or expensive
clothing."
One unknown would be whether
the recovery could sustain itself after the
current economic stimulus packages have come to
an end. That was still uncertain, Hackett
said.
And he said consumers were more
wary than perhaps ever before at a time when
credit was also much harder to come by. People
won't open their wallets, Hackett and Husing
said, until they see signs of job growth in
their communities.
"If the businesses
around you are hiring, you're going to feel more
confident about spending money," Hackett
said.
But Jonathan Gold, vice president
for supply chain and customs policy for the
National Retail Federation, said the numbers and
projections were encouraging despite those
uncertainties.
"These numbers are a clear
sign that retailers are optimistic about 2010.
Retailers are still going to be cautious with
their inventories, but we wouldn't see these
increases in imports if stores weren't expecting
sales to improve," Gold said.
"It's been
a long time since we've seen year-over-year
volume go up, so this is definitely good news,"
Gold
said. | |
Small Business Power to Capture Global
Consumers
Written by
Ayse Oge, President Ultimate
Trade Reprinted from
December newsletter on request by
author
Since World War II, trade growth has
contributed an average of about $1 trillion a year
to America's income(in 2003), according to
economists at the Peter G. Peterson Institute for
International Economics. Strong exports have
always been able to invigorate the American
economy, and the tremendous innovative and
creative power of small U.S. businesses can fuel
global sales and help create jobs in the domestic
market. Power Curbers Inc., a small firm based in
Salisbury N.C. specializing in construction
equipment, would have gone bankrupt during the
present slow-down of the U.S. economy if it had
not gone global. Dyke Messinger, the company's
CEO, attributes its success in overseas sales to
heavy infrastructure development in other
countries. International sales were comprised of
75% of the company's overall business at the
present time (LA Times, October 4, 2009).
As American consumers cut back on
their consumption in response to the economic
recession, a large number of small and mid-sized
U.S. firms look to the huge potential of emerging
markets such as India, China, Brazil and Eastern
European countries. These countries have a
combined population of 2.6 billion people, and
many of them are affluent and young in contrast to
the aging population of Western Europe, Japan and
the United States. Small businesses
have the following advantages when going global:
-
With no bureaucratic
layers, they can respond to market needs and
requests
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With
closer ties to customers, they can discern
market trends without formal research
- They can
build a strong global brand
- They can
create a lucrative international niche through
specialization
- They can
take calculated and educated risks in
international trade to expand their businesses
- They can
gain competitive know-how and knowledge to
innovate new products and
services.
Power Curber's bold move toward
exports is exemplary in encouraging other small
businesses to integrate into the world markets.
Small firms need to focus on locating
international distributors through trade fairs,
Internet marketing and designing a global
consumer-friendly website to attract prospective
foreign buyers. The U.S. has a
tremendous competitive advantage in terms of its
risk-taking culture, capital formation and
economic vibrancy that works for global
entrepreneurs. A strong teamwork between the
government and businesses is required to tap into
small business power in delivering jobs and higher
living standards in the U.S.
economy. Ayse Oge is President of
Ultimate Trade and can be reached at: www.goglobaltowin.com
or by e-mail at oge@earthlink.net
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| U.S. Commercial Service |
Founded in 1980, the U.S. Commercial Service
is an agency of the U.S. Department of Commerce,
which assists U.S. companies, particularly small
and medium-sized businesses with sales in
international markets. Our network includes
107 U.S. Export Assistance Centers throughout the
United States and more than 150 offices overseas
in 87 countries. Visit the U.S. government's
export portal at http://www.export.gov. |
| Buy USA E-Newsletter |
The U.S. Department of Commerce Commercial
Service has an excellent E-newsletter Asia Now
eNews. Please refer to the following website
to subscribe www.buyusa.gov/asianow/enews.html.
Each month there is a detailed article on a
featured country as well as reports on needs in
various Asian countries for US products and
services, and information about trade shows and
events throughout the
region. |
| GlobalCalifornia.com |
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On-line resource directory of public and
private sector global trade related
organizations. GlobalCalifornia.com is
currently a simple online directory for
California's dynamic trade promotion and
investment community based on industry sectors,
such as, legal, trade finance, marketing,
educational, logistics and other sectors in global
trade. Eventually, the website will employ a
sophisticated searching mechanism through a
natural language query interface to identify
qualified online sources of information and
solutions in California, combined with the ability
for the user to summon on-demand online support in
real time or offline through the California Trade
Partners network.
VITA and MBITA are currently offering
exclusive sponsorship opportunities for
GlobalCalifornia.com. Please contact Tony
Livoti at 831-335-4780 or by e-mail: tlivoti@mbita.org to get on
the ground floor of California's premiere gateway
to global
trade. |
| TradePort
California's Gateway to
Global Trade |
TradePort is a cooperating partner of VITA
and a repository of free information and resources
for businesses that seek to conduct international
trade to and from California. Created in
1996, TradePort is backed by an alliance of
regional trade associations that assist California
export and import businesses. Includes
information on California Trade Statistics,
TradePort Network, Export & Import Tutorials,
Online Trade Services, Market Research, and a
Trade Library. Go to www.tradeport.org. |
| CalTrade Report |
The CalTrade Report is the only dedicated
source, online or in print, for international
business news/information in and about the world's
fifth largest economy, California. This
edition is brought to you free-of-charge courtesy
of Valley International Trade Association.
Click Here for the most recent edition of
the CalTrade Report with the latest
news. |
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Darcy
Winters
VITA Newsletter
Editor
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