Los Angeles Area Chamber of Commerce I July 2017

Chamber celebrates completion of the Wilshire Grand projecttoparticle
The completion of the Wilshire Grand Center, which is now the tallest skyscraper west of the Mississippi River, marks the end of a seven-year journey to bring economic prosperity to the city. The Chamber is proud to have played an important role in bringing this project to L.A., as pointed out in a 2010 letter from Chris Martin of AC Martin, after the Chamber organized a trade mission to Korea for Gov. Arnold Schwarzenegger. During Korean Air Chairman Y.H. Cho's meeting with Gov. Schwarzenegger, the chairman made his famous commitment to proceed with building the project. Construction of the project, led by AC Martin, created 11,500 jobs in the field of architecture, engineering and construction over the past six years, with many more to come from the various businesses, retail stores and the hotel to be housed in the structure. 
"Thank you L.A. Chamber, thank you Carlos Valderrama, and thank you Governor Schwarzenegger and your team for hitting it out of the park. Your combined actions directly caused a pending decision to tip in our favor, your actions significantly improved the lives of many Californians and for that we are extremely grateful" -- Christopher C. Martin, CEO & co-chairman, AC Martin Partners (Sep. 30, 2010).

Chamber discusses the potential regional impact of the renegotiation of NAFTA
Joel Backaler, managing director of Global Marketing for Frontier Strategy Group, provided members of the Chamber's Global Initiatives Council with an overview of the potential outcomes of the North American Free Trade Agreement (NAFTA) renegotiation last month. The presentation and the Q&A session generated diverse comments regarding the future of NAFTA. These different opinions acknowledged that the NAFTA partners are going into a trilateral negotiation, but that in some matters and cases bilateral arrangements or accords could also be an important part of the overall renegotiation. The overall consensus was that the U.S., Canada and Mexico are most interested in a final agreement that will benefit the North American continent as a whole. The discussion was timely as the U.S. government has officially informed U.S. Congress of its intent to renegotiate the agreement, and the cornerstones of the renegotiation will be based on the consultations and feedback to be received from the private and public sector. The renegotiation of NAFTA could begin sometime in the fall of 2017. VIEW THE PRESENTATION; SEE THE PHOTOS.
Chamber and Quebec Minister of International Relations discuss NAFTA renegotiation
The Hon. Christine St-Pierre, minister of International Relations of Quebec, Canada, held a roundtable discussion with Chamber members and business leaders in late June, centered around NAFTA renegotiations and possible outcomes. St-Pierre noted her office's interest in promoting the tangible benefits that Canada, Mexico and the U.S. have achieved during the 23 years since the agreement was approved. The overall consensus of the exchange was that modernizing the agreement will result in greater benefits for all three NAFTA partners. Other recommendations included the need for Canada to increase efforts to showcase its commercial, industrial and investment participation and contribution to various U.S. cities and states.
Chamber and AMCHAM Colombia sign MOU
The L.A. Area Chamber and the American Chamber Colombia (AMCHAM) have signed and formalized a Memorandum of Understanding (MOU). This document provides the parameters to organize seminars and exchange commercial information to facilitate and promote trade between Colombia and the L.A. region. Colombia is the L.A. region's 28th largest trading partner with a total annual bilateral trade of $1.5 billion
Chamber welcomes senior Chinese officials
The Chamber welcomed 14 Chinese government officials and business leaders representing 13 provinces in June. These executives, responsible for foreign commercial relations with other countries and cities around the world, are interested in developing closer trade and investment relations with the L.A. region. Their formal request is to have the Chamber serve as the facilitator in the region. Many of these Chinese provinces are economically strong and active in global markets, while others are in the process of becoming more industrialized and have limited contact with foreign trading partners.
Group meets with executives of the Pasadena Tournament of Roses
David Eads, executive director & CEO of the Pasadena Tournament of Roses, hosted a private meeting for members of the Diplomatic & Commercial Officers Group in Pasadena. Eads noted that the Tournament is well known internationally, but that additional participation by more countries in this annual celebration will enhance the significance and importance of friendship, and educational and cultural understanding around the world. The objective is to showcase a greater number of international delegations in the 2019 Parade. VIEW THE PRESENTATION; SEE THE PHOTOS.
New Member Welcome:
The Chamber is pleased to welcome two new members to the Diplomatic & Commercial Officers Group:
  • Consulate General of Vietnam, Trade Division
  • Consulate General of the Republic of Mauritius
The Chamber and the L.A. business community look forward to working with you!
Export Documentation Services: Did You Know?
Did you know you can obtain your export documentation, like Certificates of Origin and Certificate of Free Sale from the L.A. Area Chamber offices to comply with overseas regulations? We make it quick and easy to get these crucial documents and get your goods through customs with ease!

In addition, export documents often have to go through a mandatory authentication process in order to be legally accepted in the destination country. Global Registrations, based in Washington D.C., blocks away from the Department of State and all embassies of the world, serves as a guide to exporting companies nationwide through the authentication process. They significantly expedite the apostille and legalization processes utilizing their relationships with the agencies, to insulate you from documentation processing issues so you can ship your goods faster. Discounts are available to all Chamber members. Learn More.
Republic of Mauritius: Bid Opportunities
The Ministry of Foreign Affairs, Regional Integration and International Trade of the Republic of Mauritius currently has the government tenders opportunities listed below:
For more information, contact Hon. Bruce E. Dizenfeld or 310.557.2009.


Chamber members receive tools to access global opportunities and strengthen their business.
The Chamber is proud to be a partner of California STEP. The California State Trade and Export Promotion (California STEP) project combines a network of state, federal, private and non-profit trade promotion activities, serving targeted industries, to drive exports for small businesses.

The STEP program is funded in part through a Cooperative Agreement with the U.S. Small Business Administration.

L.A. Area Chamber | laareachamber@lachamber.com | http://www.lachamber.com
350 S. Bixel St.
Los Angeles, CA 90017