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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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On Thursday, February 17 specialists from the U.S. Census Bureau and
the U.S. Bureau of Customs and Border Protection (CBP) will conduct an
all-day seminar on the new regulations and how to submit a Shipper’s
Export Declaration (SED) through the Automated Export System (AES). The
seminar will be held at the Plimsoll Club of the World Trade Center in New
Orleans.
Public Law 107-228, signed by President Bush in 2002, which will take
effect later in 2005, will require that all persons who are required to
file export information under Chapter 9 of Title 13, United States Code,
must file it through the Automated Export System (AES). This new system
will replace the paper Shipper’s Export Declaration (SED). When the new
law is implemented, shippers failing to use the AES will be fined and
their shipments seized by CBP (per Census Bureau RIN 0607-AA38).
The U.S. Export Regulations Seminar will enable exporters to be
prepared for this impending requirement. Specialists from the U.S. Census
Bureau and CBP will present the new regulations and explain how to submit
SEDs through the AES. Topics at the seminar will include: the filing of
required export information; the Automated Export System (AES); Schedule B
classifications; port requirements; and efforts against terrorism and
international narcotics trafficking.
The seminar admission fee for a company or organization’s first
registrant is $150, and $100 for each additional attendee, which includes
a continental breakfast, lunch, and all seminar materials. For additional
details and registration information, contact the seminar coordinators at
(301) 763-2238, or visit www.census.gov/mso/www/training.
(Note: A related hands-on AES Certification Workshop to be conducted by
Census on February 18 at the downtown center of the University of New
Orleans is already fully subscribed.)
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On Friday, February 25 the WTC will host a luncheon program on
"The Global Challenges of a Secure Retirement" conducted by Paul
Stevens, President of the Investment Company Institute. Mr. Stevens will
discuss the critical demographic, financial and political considerations
confronting American policymakers as they undertake a potentially historic
debate in the future of Social Security. The topic is especially timely as
President Bush has put Social Security reform at the top of the nation’s
domestic agenda, leading to a national debate on the country’s
retirement system. The U.S. is not alone in the challenge of providing a
secure retirement system for its aging population. Developed nations
throughout the world from Japan to Chile and across Europe also face this
issue.
The Investment Company Institute is the national association of U.S.
mutual funds. ICI member companies manage some $7.8 trillion in assets on
behalf of 92 million shareholders. Mr. Stevens, a New Orleans native, is a
leading voice in economic and regulatory policy discussions in Washington.
To register for the February 25 luncheon, call the WTC at (504) 529-1601,
ext. 222, or click here.
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As of January 25, a new agreement between the United States and China
allows tourists and business executives to travel between the U.S. and
China under a single visa for 12 months instead of seeking new visas for
each trip. The change in policy is expected to dramatically improve U.S.
manufacturers’ abilities to sell goods and services to their customers
in China and create jobs for Americans, according to U.S. House of
Representatives Small Business Committee Chairman Don Manzullo. For
details, go online at www.house.gov/smbiz/.
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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 the University of West Florida/Small Business Development
Center) has held an annual program on international trade. The theme for
the 2005 Gulf Coast World Trade Conference is "Doing Business in
Brazil and Canada". The event is scheduled for May 25-26 (as part of
World Trade Week) at the World Trade Center in New Orleans. Details on the
program will be available soon; for preliminary information call the U.S.
Export Assistance Center in New Orleans at (504) 589-6546.
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The U.S. Commercial Service announces Morocco as its newest market of
the month for U.S. exporters. Morocco is an expanding economy
strategically situated at the crossroads of Europe, the Middle East, and
Africa. The upcoming U.S.-Morocco Free Trade Agreement (FTA), which will
be implemented this spring, will create multiple opportunities for U.S.
companies. Visit http://www.export.gov/comm_svc/press_room/marketofthemonth/morocco/morocco.html.
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J.P. Morgan Chase-Global Trade Services (formally Bank One NA) is
sponsoring a mid-day luncheon workshop on "Tax Strategy and Planning
Opportunities for Exporters" on Friday, February 18 in Baton Rouge at
the Bank One north tower on 451 Florida Street. The workshop will be
conducted by Edward K. Dwyer, a CPA and international tax specialist. The
program will cover the repeal of the Extraterritorial Income Exclusion in
the American Jobs Creation Act of 2004 (P.L. 108-357) and the reduced tax
on dividends in the Jobs and Growth Tax Relief Reconciliation Act of 2003
(P.L. 108-27). The focus will then turn to the main topic: the new tax
strategy available to exporting companies through the interaction of the
retained Interest Charge DISC (IC DISC) within the context of the new
landscape of the taxation of an individual’s dividend income. The
registration for the workshop is $35 per person. To register, contact Ann
Morgan by phone at (337) 291-5474 or e-mail at amorgan@lafayettegov.net.
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For the third consecutive year, the Louisiana Association of Business
and Industry (LABI) and other sponsors are presenting a seminar on
exporting. This year’s theme is "Exporting the Right Way",
with topics such as:
- Developing an Export Marketing Plan
- How to Use Export Credit Programs
- Shipping and Documentation
- Doing Business in Mexico
- Doing Business in Japan
Speakers include:
- Hitoshi Hasegawa, Chief Executive Director of the Japan External
Trade Organization (JETRO) office in Houston
- Francisco Ceron, Senior Commercial Specialist, U.S. Embassy-Mexico
City
- Kelly Kemp, Trade Finance Specialist, U.S. Ex-Im Bank
- Rick Schulze, International Trade Finance Specialist, SBA
- William Cummins, First Vice President, JP Morgan Chase/International
The seminar will be held on March 3 from 8:30 a.m. to 1:30 p.m. at the
LABI Conference Center in Baton Rouge. To register or for more information
contact Jean Collins at (504) 589-6546, or e-mail at jean.collins@mail.doc.gov,
or call Robin Adams at (225) 928-5388.
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The U.S. Department of Commerce/New Orleans U.S. Export Assistance
Center is pleased to welcome International Trade Specialist Delilah
DeSouza to the staff. Prior to coming on board with the Department of
Commerce, Delilah was a Trade Development Specialist with the
International Center in Lafayette, where she organized export programs and
provided market research, trade leads, and other trade assistance to area
companies. As a partner of Louisiana Economic Development, she
co-organized oil and gas trade missions to Canada, Venezuela, Trinidad,
and Brazil. Delilah spent 14 years living abroad in Honduras, Saudi
Arabia, and Vietnam. She holds a General Studies degree, with a
concentration in International Business and Marketing, from the University
of Louisiana at Lafayette. Delilah will cover southwest Louisiana,
particularly the Lake Charles and Lafayette area. For export assistance,
call Delilah (504) 589-6730 or e-mail delilah.desouza@mail.doc.gov.
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The U.S. Commercial Service invites American firms to participate in
its section of the U.S. Pavilion at Intersol 2005 in Paris on April 19-21.
This show is Europe’s premier environmental technology trade show and
conference dedicated solely to contaminated site and groundwater
remediation processes, technologies, and services. The participation
package includes a turnkey booth in the highly visible U.S. Pavilion,
pre-show promotion, a market briefing, logistical and special on-site
assistance, interpreters, market studies, free admission to the three-day
conference, and specialized round table seminars and specially customized
marketing assistance to U.S. Pavilion exhibitors for the duration of the
show. For details, visit www.buyusa.gov/france/en/intersol2005.html.
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The U.S. Department of Commerce’s Special American Business
Internship Training Program (SABIT) offers competitive grants to cover a
share of the costs of hosting mid-to senior-level Eurasian managers and
scientists for three to six months of hands-on, professional training in
U.S. managerial, research, and technology development practices. The SABIT
Grant Program encourages U.S. exports and investment in Eurasia and
assists economic development by facilitating partnerships between the
United States and Eurasian business and scientific communities.
Participating U.S. organizations may either nominate a candidate from
their existing Eurasian business contacts, or work with SABIT to recruit
and select a qualified candidate. Organizations can apply to host trainees
from Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan,
Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan.
Any U.S. profit or non-profit organization or institution may apply.
The Grant Program is ideally suited for small and medium-size businesses
that are new-to-market exporters looking to establish long-term
relationships with potential customers, distributors, or partners.
Organizations currently operating in Eurasia may also utilize a SABIT
Grant to expand relationships with and train existing partners, or to
establish additional regional representative offices. The application
deadline is April 1. Details and application requests are online at: www.mac.doc.gov/SABIT/index.html.
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On January 5, the Louisiana Maritime International Chamber of Commerce
(LMICC) received a "Certificate of Appreciation for Achievement in
Trade" from the U.S. Department of Commerce. Accepting on behalf of
LMICC was William S. App, Jr., president of the organization. Presenting
the awards were Donald van de Werken, Director, New Orleans U.S. Export
Assistance Center; Jim Dartez, President of Royce Technologies and former
Chairman of the Louisiana District Export Council; and Eugene Cornelius,
District Director, U.S. Small Business Administration. LMICC was formed in
1997 as a nonprofit organization to support the international
transportation sector and provide educational awareness and issues related
to international trade. The Department of Commerce certificate is awarded
to recognize trade associations, foreign business partners, and U.S.
government agencies for supporting U.S. export development and for
creating opportunities for U.S. businesses through trade.
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U.S. firms unable to send staff or afford an exhibit booth at the
"Rebuild Iraq 2005" Trade Fair on April 4-7 in Jordan but want
to benefit from the many quality contacts the show provides should
participate in the U.S. Catalog Show at the Fair. The $750 registration
fee includes a special catalog display area in the U.S. Pavilion staffed
by Commercial Service representatives who will greet visitors and collect
all inquiries generated by the product literature and forward the leads to
the American firm immediately after the show. For details on the trade
fair and/or the catalog show go online at www.rebuild-iraq-expo.com/,
or contact the International Trade Fairs President, Mr. Bechara Nacouzi,
directly by phone at (514) 685-3530, or e-mail: bnacouzi@videotron.ca.
Space is limited so interested parties should act quickly.
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On March 8-9, the "Lighting the Way" conference will feature
testimonials and how-to presentations from business women in industry and
international trade. Speakers include Mississippi First Lady Marsha
Barbour, U.S. Chamber of Commerce Senior International Trade Advisor
Leslie Schweitzer, and top-level representatives from Viking Range and
United Parcel Service. The Small Business Liaison Officer from Northrop
Grumman, one of Mississippi’s largest employers, will discuss how to
take advantage of the small business procurement process. The event will
be held at the Beau Rivage Resort & Casino in Biloxi, Mississippi.
Visit www.mswtc.org/events/
or call (601) 353-0909 for details.
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Lafayette’s International Center (Le Centre International) has
announced that Louisiana travelers will soon have a much easier time
getting to the Acadian communities of eastern Canada and the Province of
Nova Scotia.
The U.S. Government has recently announced its intention to extend
airport pre-clearance to the Halifax International Airport Authority (HIAA).
Greg Roberts, Lafayette Regional Airport Director of Aviation, stated
"This program will enable travelers to be treated as domestic
passengers on arrival in the U.S., where they can enjoy shorter and easier
connections to other U.S. cities, as well as direct access to U.S.
airports that have no customs and immigration inspection facilities, such
as the Lafayette Regional Airport."
The program allows travelers and their goods to be inspected by U.S.
officers for the purposes of customs, immigration, public health, food
inspection, and plant and animal health before flights depart from Canada
for U.S. destinations. The hope is that there will be increased travel
from Nova Scotia to Lafayette as a result, perhaps in the form of charter
operation.
In August 2004, the Lafayette International Center organized an
Acadiana delegation to Halifax, which included Lafayette Airport
Commission Chairman Brenda Burley, Airport Director of Aviation Greg
Roberts, Lafayette Consolidated Government President Joey Durel, along
with State Representative Clara Baudoin and several Acadiana mayors.
During a meeting at the Halifax International Airport to explore
opportunities to establish better air links between Nova Scotia and
Louisiana, the matter of the pre-clearance was raised, and the Acadiana
delegation vowed to support Halifax’s efforts to obtain this
pre-clearance status.
As a follow-up to this visit to Halifax, the International Center of
Lafayette formed an Acadie-Louisiane Committee, composed of
representatives of several agencies and associations interested in better
links between the Acadian communities of eastern Canada and the Cajun
population of south Louisiana. The committee is charged with continuing to
explore opportunities not only for better air links, but also to develop
stronger relations between universities and schools, as well as the
business communities of each region.
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"Americana 2005", the number one international environmental
exhibition in eastern Canada, will take place in Montreal on April 6-8.
Trade opportunities exist for products and services for water and
wastewater treatment, solid and hazardous waste management, environmental
instrumentation, and engineering and consulting services. The Commercial
Service (CS) in Canada is coordinating the U.S. Pavilion that will offer a
prime show floor location and maximum exposure for a fee of $2,350. U.S.
firms may also participate at the CS Environmental Technologies Catalog
Showcase. For only $150, product literature will be on display in the U.S.
Pavilion where CS staff will introduce U.S. products and services to
buyers and key government decision makers. The registration deadline is
February 28. Contacts for the exhibition and catalog show are: Commercial
Specialist Pierre Richer/ U.S. Consulate Montreal at e-mail Pierre.richer@mail.doc.gov
or Environmental Commercial Specialist Richard Vinson/U.S. Consulate
Halifax at e-mail Richard.vinson@mail.doc.gov.
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The French American Chamber of Commerce/ Louisiana Chapter (FACC/LA)
has launched its 2005 membership drive. Members who join by February 10
will receive a complimentary entry to a raffle of two Air France tickets
to Paris. The drawing will be held at the Chamber’s Annual Dinner, on
Monday, February 14 at the Blue Room of the Fairmont Hotel in New Orleans.
Guests will learn about the Chamber’s past accomplishments, exciting
plans for 2005, and will hear a witty presentation by Ruth Mastron,
intercultural relations specialist and author of the book "Aucontraire!
Figuring Out the French." One of the attendees will be the lucky
winner of the two Air France tickets to Paris! For additional information
on the Chamber’s Annual Dinner, raffle, and how to join, contact Valerie
Guillet at (504) 561-0070 or by e-mail at info@faccla.com.
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A 47-member Louisiana Trade Mission traveled to Panama City January
19-22 to promote the state’s trade, transportation, tourism,
educational, and other reciprocal interests with Panama. The co-leaders
were Michael Olivier, Secretary of Louisiana Economic Development; Gary
LaGrange, President of the Port of New Orleans; Don Hutchinson, Executive
Assistant to the Mayor of New Orleans for Economic Development; and
Charles Nelson, WTC President and Chairman of Waldemar S. Nelson &
Co., Inc. Included were high-level briefings, meetings, and networking
events with leading members of Panama’s business community, government
agencies, the Panama Canal Authority, the American Embassy, and the
American Chamber of Commerce. For useful contacts and information on
Panama, visit the WTC website at www.wtcno.org/panama.
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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
If you are not currently on our mailing list, click here to fill out an on-line
subscription form for postal or email delivery.
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