Inside Global Trade: Chamber hosts California-China Office of Trade & Investment
December 2013 - in this issue...
Chamber hosts California-China Office of Trade and Investment 


Inside the Chamber

 

Trade Commissioners Corner

 

Member News 

World Trade Week 

 

On Your Radar


Community Events


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Trade Intelligence Brief 

 
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STRATEGIC LINKS

Center for Strategic & International Studies, Americas Program

 

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Los Angeles Regional Export Council

Office of the United States Trade Representative

U.S. Dept. of the Treasury - Alcohol and Tobacco Tax and Trade Bureau

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brief
TRADE INTELLIGENCE BRIEF 
Trade news from around the world
Once a month, the L.A. Area Chamber produces an email brief that includes trade news from around the world. The brief is a Global Trades Council exclusive email benefit that is later published online. Read more.
WTW
WORLD TRADE WEEK

Make a difference - support WTW educational programs!
Celebrating its 88th anniversary, World Trade Week is the most extensive and unique program of its kind in the country. As a WTW sponsor, your company will have the unique opportunity to integrate your marketing and charitable goals by supporting international trade educational programs and scholarships, while also gaining recognition throughout the year. We are accepting early commitments should you have unallocated funds remaining in your 2013 budget! Learn more or contact Jasmin Sakai-Gonzalez, 213.580.7569. 
 
 
TopTOP STORY
Chamber hosts roundtable with newly appointed executive director of California-China Office of Trade and Investment 

On Tuesday, the Chamber hosted a business roundtable with Diane Long, executive director of the California-China Office of Trade and Investment. Long met with business leaders in California to talk about services available to California and Chinese companies interested in trans-pacific trade and investment opportunities. Above, Chamber Senior Vice President of Global Initiatives Carlos J. Valderrama, Long and Brian Peck, deputy director of International Affairs and Business Development, Governor's Office of Business and Economic Development. Read more or contact Carlos Valderrama, 213.580.7570.

WTW
INSIDE THE CHAMBER 
Chamber sponsors the California Pavilion at Seoul ADEX

The Chamber sponsored the California Pavilion at the Seoul International Aerospace & Defense Exhibition 2013 / ADEX, which was held in early November. Five California firms displayed their products and services, and their representatives scheduled matchmaking meetings with potential clients. U.S. Department of Commerce International Trade Specialist Jason Sproule managed the California Pavilion. ADEX is emerging as a new hub for the aerospace and defense business in Asia. The event was made possible by the U.S. Small Business Administration's State Trade and Export Promotion (STEP) Grant through the California STEP Grant Initiative. 

Chamber hosts trade mission from Brazil
Last month the AmCham Brazil - Sao Paulo's IT/Innovation Trade Mission delegation visited the Chamber to learn about the Chamber's support of programs for micro and small businesses interested in expanding their global markets and operations. The 19 business executives were also interested in acquiring firsthand knowledge about how to conduct business in California, specifically in Los Angeles.  
Global Initiatives Council receives update on the State's international trade initiatives 
In November, Brian Peck, deputy director of International Affairs and Business Development, Governor's Office of Business and Economic Development, discussed new California initiatives going into effect to expand trade and investment, including California's five-year trade and investment strategy report, which will be submitted to the Legislature early next year. "The State is interested in establishing better working relationships with chambers of commerce, economic development agencies and others to develop a unified international strategy." Peck also met with members of the Chamber's Trade Commissioner's Networking Group to discuss collaboration with their respective countries.
TCNG
TRADE COMMISSIONERS CORNER

MEMBER NEWS: Bangladesh and U.S. sign agreement 
Commerce Secretary of Bangladesh Mahbub Ahmed and Deputy U.S. Trade Representative Wendy Cutler signed the historic U.S.-Bangladesh Trade and Investment Forum Agreement (TICFA) last month. The agreement will enable the countries to establish a forum with representatives from both parties to discuss opportunities and interests of bilateral trade and investment, and identify and work to remove impediments in the trade and investment sectors. While aiming at fostering bilateral trade and investment for creating jobs, improving technology and enhancing development, it recognizes the importance of promoting the observance of other issues such as intellectual property rights, environment and workers rights in accordance with laws of each country. Read more.
TCNG
MEMBER NEWS

Port of Los Angeles' Trade Connect program earns City of Los Angeles' highest service honor 
Congratulations to Trade Connect, the Port of Los Angeles' signature export education outreach program, which has earned the City of Los Angeles' Quality & Productivity Award. The honor is the City's highest award for superior public services and programs. Dedicated to helping small and midsize companies compete and succeed in international trade, Trade Connect is a 2013 Quality & Productivity Award winner for its eight-part Export Workshop Series. The in-depth training explains the fundamentals of entering the global marketplace; international business cultures; pricing and contracts for selling goods overseas; financing and insurance; documentation and regulatory compliance; and logistics and the global supply chain. Read more
radar
ON YOUR RADAR

Deal to boost global trade reached at the World Trade Organization summit
A deal to boost global trade has been approved by the World Trade Organization's (WTO) 159 member economies for the first time in nearly two decades, keeping alive the possibility that a broader agreement to create a level playing field for rich and poor countries can be reached in the future. Trade ministers had come to the four-day WTO meeting in Bali with little hope that an agreement would be reached after years of inertia in trade negotiations. The talks were threatened at the eleventh hour when Cuba objected to the removal of a reference to the decades-long U.S. trade embargo that Cuba wants lifted. The WTO will spend the next year developing a fresh approach for moving forward with the Doha negotiations, said WTO Director-General Roberto Azevedo. Read what the Chamber's President & CEO Gary Toebben has to say about this agreement in The Business Perspective blog.
California exports hit record $15.35 billion in October
California businesses shipped merchandise valued at $15.35 billion, an all-time record for October and up 10.7 percent year-over-year, according to a review of Wednesday's U.S. Commerce Department figures by consulting firm Beacon Economics. Exports totaled $13.78 billion in September this year. "With the surge in California's export trade in recent months, the State's exporters ought to be feeling a pretty healthy endorphin rush," said Jock O'Connell, Beacon's international trade adviser. Beacon said California's autumn jump was led by a $727 million boost in manufactured exports, which increased nearly 8.2 percent to $9.66 billion from $8.93 billion in October 2012. Read more
community
COMMUNITY TRADE EVENTS
  

To submit an event or for more information on any of the information in this newsletter, contact 
Jasmin Sakai-Gonzalez213.580.7569.
PARTNERS
Jaimie
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
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