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A monthly partnership publication of
the Louisiana Department of Economic Development
the New Orleans U.S. Export Assistance Center
and the World Trade Center of New Orleans |
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TABLE OF CONTENTS
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Each year, the President proclaims the third week of May as World Trade
Week. In promotion of world trade, many organizations are sponsoring
export-related activities during the month of May. Listed below are
several Louisiana and Mississippi Gulf Coast trade events.
May 1 -"Doing
Business in South Africa" Champagne Jazz Breakfast Briefing
featuring H.E. Barbara Masekela, Ambassador of South Africa to the U.S.
Held at the World Trade Center in New Orleans.
May 2-4 -The "Gulf Coast World Trade Conference" will
highlight the Gulf Coast States’ role in enhancing their global
competitiveness. Held at the Beau Rivage Hotel in Biloxi. Register at: www.mississippi.org.org/doing_busn/intl/wtd.htm, or
call (601) 359-3155.
May 5 -"Latin
American Market Outlook: Brazil, Chile, and Central America"
luncheon seminar featuring three U.S. Commercial Officers from each of
those areas. Held at the World Trade Center in New Orleans.
May 7 -A luncheon briefing on "The U.S. - Australia Free
Trade Agreement" by Nasir Abbasi, Commercial Consul at the U.S.
Consulate General in Melbourne. Held at the World Trade Center in New
Orleans.
May 10-12 -"13th Annual International Air Cargo Conference &
Expo." Held at the Beau Rivage Hotel in Biloxi. Log on to www.iacc-expo.com to register.
May 12 -"Doing
Business in Ecuador" luncheon briefing featuring Hon. Jaime Nebot,
Mayor of Guayaquil, and Dr. Joyce de Ginatta, President of the Federation
of Interamerican Business Entrepreneurs. Held at the World Trade Center in
New Orleans.
May 16-22 -"Transportation, the Lifeline of New Orleans"
(various events/locations). Contact C. Mulhern at (504) 779-5671 or colleen@wtcgno.org.
May 17 -Seminar on "NAFTA-Ten Years Later" will be held at
LSU-Shreveport from 8:30 a.m. to 3:30 p.m. Contact Patricia Holt at (318)
676-3064 or Robert Mills at (318) 469-1191.
Sponsoring organizations: Louisiana Economic Development, Mississippi
Development Authority, Mobile Chamber of Commerce, New Orleans U.S. Export
Assistance Center, Port of New Orleans, U.S. Commercial Service,
University of West Florida-Small Business Development Center, Port of New
Orleans, World Trade Center of New Orleans, World Trade Club of Greater
New Orleans.
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The City of New Orleans, the World Trade Center, and other
organizations will sponsor a Champagne Jazz Breakfast at 9:15 a.m. on
Saturday, May 1 in the WTC’s Plimsoll Club on "Doing Business in
South Africa" featuring H.E. Barbara Masekela, Ambassador of South
Africa to the United States. Ms. Masekela has served as Ambassador to the
U.S. since June 2003 and previously served as South Africa’s Ambassador
to France and UNESCO from 1995 to 1999. To register for the breakfast,
call the WTC at (504) 529-1601, ext. 222, or click here.
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On Wednesday, May 5, the New Orleans U.S. Export Assistance Center,
World Trade Center, and other organizations will sponsor an expanded
luncheon briefing from 11:00 a.m. to 2:00 p.m. in the WTC’s Plimsoll
Club on "Latin American Market Outlook: Brazil, Chile and Central
America" featuring: Janice A. Corbett, Deputy Senior Commercial
Officer with the U.S. Embassy in Brasilia; Rick de Lambert, Commercial
Officer with the U.S. Embassy in Santiago; and Mitch Larsen, Senior
Commercial Officer based at the U.S. Embassy in Guatemala City.
The forum will include an overview of these respective areas’
economic and business environments, a discussion of relevant free trade
agreements, and the Commercial Officers’ recommendations on the best
prospects for U.S. exports to those markets. The three speakers will also
be available for individual consultations following the luncheon. To
register for the luncheon briefing, call the WTC at (504) 529-1601, ext.
222, or click here.
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On Friday, May 7 the World Trade Center, the New Orleans U.S. Export
Assistance Center and other organizations will sponsor a luncheon briefing
at the WTC’s Plimsoll Club at 12:00 noon on "New Business Prospects
Under the U.S.-Australia Free Trade Agreement" featuring Nasir Abbasi,
Commercial Consul at the U.S. Consulate General in Melbourne.
Trade between Australia and the United States has reached over $28
billion. With a Free Trade Agreement, this trade will expand. U.S.
manufacturers estimate that the elimination of tariffs alone could result
in $2 billion per year in increased exports of manufactured goods. Most
U.S. manufactured goods and all agricultural goods will be able to enter
Australia duty-free. This is the most significant immediate reduction of
industrial tariffs ever achieved in a U.S. free trade agreement. The
services market has also been largely opened. The FTA will remove
significant regulatory barriers, increasing market access in government
procurement markets, strengthening intellectual property protection, and
reducing screening barriers to U.S. investment.
To register for the May 7 luncheon, call the WTC at (504) 529-1601,
ext. 222, or click here.
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The World Trade Center will offer its summer session of foreign
language classes starting May 11 at the WTC Building in New Orleans. The
classes are conducted by the faculty of Alpha Tech Communications. The
emphasis is on business usage and conversation. The summer session will
last 10 weeks: classes will meet once a week for two hours. The following
languages will be offered: French, Spanish, German, Italian, Japanese,
Chinese, Russian, Arabic, and English as a Second Language. Tuition is
$120 for WTC members and their spouses and $240 for non-members.
(Registration and materials cost $45.) Free parking is available in the
WTC Garage. To register, call Alpha Tech at (504) 454-6554. More info.
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On Wednesday, May 12 the Consulate General of Ecuador, Greater New
Orleans Inc., the World Trade Center and other organizations will sponsor
a luncheon briefing at the WTC’s Plimsoll Club at 12:00 noon on
"Doing Business in Ecuador," with an emphasis on the industrial
port city of Guayaquil and featuring Hon. Jaime Nebot, Mayor of Guayaquil,
and Dr. Joyce de Ginatta, President of the Federation of Interamerican
Business Entrepreneurs.
Mayor Nebot and Dr. de Ginatta and their delegation are visiting New
Orleans to gain knowledge and insight from a world-class port, tourist,
convention, and river city that shares similarities with Guayaquil.
Guayaquil won the 2003 U.N. award as one of the most transformed cities in
the world out of 278 candidates. The city is strategically situated on the
equator at the edge of the Gulf of Guayaquil where there are huge untapped
reserves of oil and gas. Under the leadership of Mayor Nebot, it is poised
to become a major business and tourist center in Latin America. New
Orleans is potentially viewed as a key U.S. city with the experience and
resources to assist in Guayaquil’s development. To register for the
luncheon, call the WTC at (504) 529-1601, ext. 222, or click here.
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On March 1, the European Union (EU) began to impose retaliatory trade
sanctions on a number of U.S. products as a result of the World Trade
Organization (WTO) ruling that the Foreign Sales
Corporation/Extra-Territorial Income provision of the U.S. Internal
Revenue Code constitutes a prohibited export subsidy in violation of WTO
rules. In May 2003, the WTO authorized the EU to impose sanctions on over
$4 billion worth of U.S. exports if the U.S. failed to comply with the WTO
decision. The U.S. Administration and Congress continue to work towards
repealing the FSC/ETI provisions in order to achieve U.S. compliance with
the WTO ruling. For additional information, call the U.S. Export
Assistance Center in New Orleans at (504) 589-6546 or Shreveport at (318)
676-3064.
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Inputs of components, supplies, and machinery (worth $88 billion) make
up over half of all products imported into Mexico. The items are used by
Mexican plants to produce goods for export, with production expected to
reach a value of $125 billion by 2008. To promote U.S. exports to the
Mexican manufacturing sector, the U.S. Department of
Commerce/International Trade Administration developed the "Marketing
to Manufacturers in Mexico" program. U.S. firms enrolled in the
program receive monthly reports via e-mail, invitations to participate in
videoconferences with Mexican buyers, qualified trade leads, assistance in
finding agents, representatives or distributors, and support during trade
shows in Mexico. Visit www.buyusa.gov/mexico/en/manufacturers_in_mexico.html
to sign up for the program.
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The University of New Orleans College of Urban and Public Affairs’
proposed undergraduate program in Transportation Studies is getting off
the ground with four new courses. Eventually this program will allow
undergraduate students to secure a degree focusing on areas of
transportation that are critical to Louisiana and to the field of
transportation generally, with local, national and international
application. Relevant and transferable course work is available
immediately. The first course, Introduction to Transportation Planning, is
currently being offered (Spring 2004). The following three courses will be
offered in the Summer of 2004: Marine Transportation; Intermodal
Transportation; and Intro to Waterborne Freight Transportation. For
details, contact Scott Farrell at sfarrell@uno.edu
or (504) 280-6277, or visit the website at www.uno.edu/cupa
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On April 1, three Louisiana firms received U.S. Department of Commerce
Export Achievement Certificates during a Louisiana District Export Council
meeting held at the Port of Greater Baton Rouge. Accepting the awards on
behalf of their companies were: Ronnie Voisin for Acadiana Oilfield
Instruments (Lafayette); Richard Byrd for Odom Hyrographic Systems (Baton
Rouge); and Mark Ashworth and Kelly Ashworth for Oxford Alloys (Baton
Rouge). Geralyn Contini, District Export Council Chairwoman, and Paul
Wegener, the DEC Vice Chairman, made the presentations.
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The following suggestions are from the U.S. Bureau of Industry and
Security (BIS) website at http://www.bis.doc.gov/ComplianceAndEnforcement/UnauthorizedParties.htm.
Visit the site for details on ways to avoid doing business with
unauthorized parties.
- Read and understand the "Know Your Customer Guidance"
provided in the Export Administration Regulations and as part of the
BIS web site. It describes ways to recognize and avoid prohibited
transactions.
- Become familiar with the "Red Flag Indicators" to help
recognize illegal, or potentially illegal, transactions.
- Check the parties to the transaction (including freight forwarders,
intermediate consignees, and the ultimate consignee) against the most
recent "Denied Persons List." Although a U.S. firm is only
required to make this check for export or re-export transactions, it
may also be useful to do so for domestic transactions.
- If asked to participate in an export transaction that appears to be
illegal, contact the BIS Office of Export Enforcement immediately.
Persons may also confidentially report these situations via the Leads
and Tips form on the BIS website.
- Check the parties to the transaction against the BIS
"Unverified List" and the "List of Specially Designated
Nationals" maintained by the U.S. Department of Treasury’s
Office of Foreign Assets Control.
- Review the BIS web page on "Recognizing and Reporting Possible
Violations."
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Trade shows in Toronto, Canada offer excellent venues for U.S.
small-to-medium-size businesses seeking new export markets. The healthcare
industry is valued at $28 billion dollars and is an important sector of
Toronto’s economy. The Canadian dollar has appreciated significantly in
relation to U.S. currency, making U.S. goods and services competitive in
the Canadian market. Call the U.S. Export Assistance Center in New Orleans
at (504) 589-6546 for a list of the many healthcare/medical equipment
trade events taking place in Toronto this year.
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For the last several years, a Gulf Coast trade alliance (Louisiana
Economic Development, Mississippi Development Authority, Mobile Chamber of
Commerce, and University of West Florida/Small Business Development
Center) has presented an annual program on international trade. The theme
for the 2004 World Trade Day Conference is "Navigating the Americas
Through Regional Partnerships." The event will be held on May 2-4 at
the Beau Rivage Resort Hotel in Biloxi, Mississippi. This year’s
conference will highlight the role and cooperation of the Gulf Coast
states in enhancing their global competitiveness, particularly regarding
trade with Central and South America. To register, visit www.mississippi.org/doing_busn/intl/wtd.htm,
or call (601) 359-3155.
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The 13th Annual International Air Cargo Conference and Expo (Air, Land,
and Sea Shipping Products and Services) will be held May 10-12 at the Beau
Rivage Hotel in Biloxi, Mississippi. The conference sessions include
presentations and panel discussions on "The State of the Air Cargo
Industry," "Latin America and Air Cargo," and
"Maritime and Land Security." To register, call Terry Heekin at
(321) 783-2115 or visit www.iacc-expo.com.
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The Louisiana Board of Regents is sponsoring a one-day symposium on
"International Education as Economic Development" on Friday, May
7 at the University of New Orleans’ Lindy Boggs International Conference
Center. The day’s agenda features panelists with expertise in the
relationship between international education and economic development and representing
the states of Florida, Wisconsin, Georgia and Texas, plenary sessions, a
luncheon and discussion sessions. The keynote morning speaker is Dr. E.
Joseph Savoie, Louisiana’s Commissioner of Higher Education, and the
luncheon speaker is Eugene J. Schreiber, Managing Director of the World
Trade Center of New Orleans. For additional information, call Alea
Morelock Cot at UNO at (504) 280-7484 or visit www.inst.uno.edu.
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The U.S. Export Assistance Center in Shreveport is sponsoring an event
during World Trade Week on "NAFTA-Ten Years Later" that will be
held at Louisiana State University-Shreveport from 8:30 a.m. to 3:30 p.m.
on Monday, May 17. The featured speakers are: Thomas Lee Boam, Senior
Commercial Officer, U.S. Embassy in Ottawa; John Breidenstine, Commercial
Counselor, U. S. Embassy in Mexico City; and Miguel Hernandez, NAFTA
specialist with the Office of Market Access and Compliance, U.S.
Department of Commerce. The registration fee for the full-day program,
including continental breakfast and lunch, is $50 per person. For more
information, contact Patricia Holt at (318) 676-3064 or Robert Mills at
(318) 469-1191.
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Lafayette’s International Center, Bank One and J. Maxime Roy are
sponsoring "Methods of Financing International Projects" on
Tuesday, May 25 from 10:30 a.m. to 1:30 p.m. at the Bank One Conference
Room at 600 Jefferson Street in Lafayette. The featured speakers are Alan
Beard, Managing Director of Interlink Capital Strategies, and Kelly Kemp,
the Houston-based Export-Import Bank representative for Louisiana. Topics
to be covered include a description of the multiple agencies that support
international finance; successful use of the programs; requirements and
procedures; company case studies; and emerging market opportunities. To
register, call the International Center at (337) 291-5474.
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BuyUSA.com, a U.S. Commercial Service international business
matchmaking program, provides U.S. companies with instant online access to
qualified foreign distributors, buyers, and export trade leads. The annual
subscription to BuyUSA.com is now only $50. Log on to www.buyusa.com or call
the New Orleans U.S. Export Assistance Center at (504) 589-6546 to learn
more.
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The Beijing 2008 Olympics Hot Sheet is a good way to stay on top of
what is going on in preparation for the 2008 Olympics. U.S.-based
companies may sign up for the free hot sheets by e-mailing to Beijing.office.box@mial.doc.gov.
Also, log on to www.buyusa.gov/china.en
for more information on the 2008 Olympics and other ways the U.S.
Commercial Service can assist you in doing business in China.
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The Louisiana International Trade Bulletin is a monthly
partnership publication of the:
Louisiana Department of Economic Development
New Orleans U.S. Export Assistance Center
World Trade Center of New Orleans
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