Inside Global Trade: Chamber leads Meeting with USTR Counselor on TPP

Los Angeles Area Chamber of Commerce I October 2016
Chamber leads meeting with USTR Counselor on Trans-Pacific Partnershiplead

Private sector business executives representing various industries convened with visiting counselor for the U.S. Trade Representative (USTR) Luis Jimenez and more than 100 members of the business community to review the positive impact the Trans-Pacific Partnership (TPP) agreement will have on the U.S. and California economies. "What the creation of TPP has done across the board is create an environment that will level the playing field and cut down on red tape," noted Ken Wengrod, president of FTC Commercial Corp. Speakers also included Hon. Leon Grice, Consulate General of New Zealand; Dr. Robert A. Kleinhenz, Beacon Economics; and program moderator Vince Iacopella, Janel Group Inc. SEE THE PHOTOS and read Consul General Grice's Op-ed on TPP below.
Chamber receives STEP Grant funding for sixth consecutive year
The Chamber has once again received funding through the State Trade and Export Promotion (STEP) Program to help small businesses enter and succeed in the international marketplace. Since 2011, the Chamber has recruited small & medium sized firms to participate in major overseas trade shows and assist them in increasing their export activities in global markets. The Chamber is the only recipient of the STEP grant in the City and the County of L.A. LEARN MORE.
Chamber's Diplomat Members tour Skechers Distribution Center in Riverside County
Members of the Chamber's Diplomatic & Commercial Officers Group participated in a private tour of the 820,000 square-foot Skechers Distribution Center in Moreno Valley, the largest LEED Gold certified building in the nation. Facilitated by the Riverside County of Economic Development, the session included a lunch with Iddo Benzeevi, president and CEO of Highland Fairview, the development company that built the Skechers facility and is currently working on the proposed World Logistics Center in Moreno Valley. The session focused on the significance of the logistical importance of Riverside and southern California. SEE THE PHOTOS.
Chamber welcomes Governor of the State of Goias, Brazil
In early October, Governor Marconi Perillo of the State of Goias, Brazil and his trade delegation visited the Chamber to establish commercial relations with the L.A. region. The State of Goais is an agriculture power house due to its natural resources and geographic location in central Brazil. Equally important are the business opportunities in the electric, renewable energy and infrastructure projects available in Goias. Ambassador Bruno Batch, Consul General of Brazil in L.A. accompanied the delegation. The Chamber is the region's commercial and industrial link with Brazil, one of the largest economies in Latin America. SEE THE PHOTOS.
Chamber Participates in SEMA China Automotive Show
Four California SMEs exhibited as part of the SEMA China Trade Show and had the chance to display their wares to nearly 400 pre-vetted trade buyers and consumers. The delegation participated in networking events with trade buyers and participated in discussions with fellow American manufacturers who are seasoned exporters to get tips on best practices in identifying potential distributors, getting paid and shipping product in a cost-efficient and timely manner among other topics.  California STEP program recipients reported initial export sales to China over $400,000. The event was made possible thanks to the efforts of SEMA and the Administration's State Trade and Export Promotion (STEP) Grant through the California STEP Grant Initiative. LEARN MORE.
Chamber's World Trade Week Committee Kicks off Planning for 2017 Program
The Chamber's World Trade Week (WTW) program kicked off its plenary meetings last month under the leadership of Chair Alan McCorkcle, vice president of West Coast Operations for NYK Ports. For more than 90 years, WTW has focused on the importance of global trade and its contribution to our local, state and national economy. Under the guidance of its founding sponsors -- the L.A. Area Chamber, Los Angeles World Airports, the Port of Los Angeles and the Port of Long Beach -- the original week-long observance has grown to more than 30 events each year throughout the month of May in southern California. 
World Trade Week Award Winner Appointed to President's Advisory Council
This May, Combustion Associates Inc. (CAI) received the World Trade Week Export Achievement Award at the annual Kickoff Breakfast. We are pleased to share that Kusum Kavia, president of CAI based in Corona, California is one of 23 business executives appointed to the President's Advisory Council on Doing Business in Africa (PAC-DBIA). The announcement was made by Commerce Secretary Penny Pritzker last month. Members representing small, medium, and large companies from diverse industries will advise the President, through the Secretary of Commerce, on ways to strengthen commercial engagement between the U.S. and Africa. They will serve a two-year term.

Nominations for 2017 WTW Awards are open. APPLY NOW.
Support the Largest Celebration of Trade in the Nation
WTW is dedicated to educating the public about the positive impacts of international trade on the local and national economies. If you are interested in supporting WTW as a 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. Hear how WTW scholarships have impacted past student recipients. SUPPORT.
Will the US remain the essential country in the Asia Pacific? 

Excerpt from an Op-Ed by Hon. Leon Grice, Consul General of New Zealand in L.A.; Chair of the Chamber's Diplomatic & Commercial Officers Group
For all the criticism of free trade, ultimately the removal of trade barriers is about competition. If you are an economist or a businessperson, you know it is competition which makes you strong. It is competition that makes you innovative and more adaptive. Competitors seek out value for customers that no one ever knew existed. Competition is the engine room of growth and wealth creation in our societies. Ultimately it is competition which delivers job security. We need to protect and grow competition, and at the same time we must also protect the people that suffer from the effects of a changing economy. 
The region needs TPP. No other trade agreement will deliver these standards in a rule of law system and without the United States it cannot be achieved. Without the U.S., regional trade negotiations will remain focused on "old-fashioned" tariff reductions and the opportunity to refresh the trading system in the Asia Pacific will be missed. Japan, Australia, New Zealand and all other ASEAN countries continue negotiating free trade agreements, particularly with China in the Regional Comprehensive Economic Partnership (RCEP). We need to continue to trade in the region, and we will. If RCEP becomes the bedrock agreement for our region, we jeopardize the chance of creating a 21st century trading platform for the Asia Pacific. And the U.S. is not part of RCEP. This is why the U.S. is the essential country and why the U.S. needs to lead in our region. READ THE FULL TEXT.
Mayor Garcetti's Launch of the City's Export Program: Taking L.A. to the World, Oct. 19
Join the Chamber and Mayor Garcetti at the 
USC Galen Center on Oct. 19 from 7:30 a.m. - 12:30 p.m. to hear about the City's new Export Initiative and to learn from experts how exporting will improve your bottom line. This seminar is targeted to provide manufacturers and exporters valuable information on how to grow their global market strategies. $40 cost to attend. Space is limited! 
Register now or for more information, contact Carlos Valderrama213.580.7570.
Beyond the Numbers, Air & Sea Cargo Trends, Nov. 2
The Los Angeles Regional Export Council (LARExC), in partnership with the Los Angeles World Airports, the Port of Los Angeles and WorldCity, invite you to join them at the Crowne Plaza Los Angeles Harbor Hotel at 9 a.m. to learn about Los Angeles Trade Numbers, including strategic trends, air & sea cargo highlights, trends in export & import products and current markets. The program will include a special lunch panel featuring Deborah Flint, executive director of Los Angeles World Airports, Gene Seroka, executive director of the Port of Los Angeles and moderator Ambassador Mickey Kantor, Mayer Brown LLPRegister now or contact Jasmin Sakai-Gonzalez for more information.
World Bank Presentation: Rethinking Global Value Chains, Nov. 16
Join the Global Initiatives Council for the last session of the year as we examine the economic impact of global value chains. Economic, technological and political shifts, as well as changing business strategies, have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus become more competitive in agriculture, manufacturing, and services. Hear from Daria Taglioni, lead trade economist and the global solutions lead on global value chains of the World Bank, via video conference, as she shows why GVCs require fresh thinking and to discuss a framework to guide policymakers in identifying the key objectives of GVC participation and how to select suitable economic strategies to achieve them.  A brief policy recap will also be provided by Brian Peck, deputy director of International Affairs and Business Development at the Governor's Office of Business & Economic Development (GO-Biz). Register now or contact Jasmin Sakai-Gonzalez for more information.