Chamber members receive
tools to access global opportunities and strengthen their businesses.
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eCertify, the efficient way to process Certificates of Origin, saves you time and money.
The Chamber was recognized last week at the American Chamber of Commerce Executives (ACCE) 2011 Convention for being one of the first chambers of commerce in the country to use eCertify and for processing one of the largest quantities of Certificates of Origin online in the country. The Chamber is proud to offer eCertify technology as our standard to process Certificates of Origin. With eCertify, exporters and freight forwarders have a seamless and streamlined electronic solution providing real value in cost savings and efficiency gains. Get started today.
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President Barack Obama recently reaffirmed the U.S. open investment policy, a commitment to treat all investors in a fair and equitable manner under the law. Foreign direct investment in the United States increased by 49 percent in 2010, according to the White House Council on Economic Affairs.
U.S. Commerce Secretary Gary Locke recently announced the launch of SelectUSA, the first coordinated federal effort to aggressively pursue and win new business investment in the United States. Created by Executive Order, SelectUSA is designed to promote the United States as the premier place to do business globally and help to attract, retain and grow business operations in the U.S., spurring economic growth and job creation.
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CHAMBER MEETS WITH THE PRIME MINISTER OF THE COOK ISLANDS
Chamber President & CEO Gary Toebben and Chamber Senior Vice President of Global Initiatives Carlos J. Valderrama met with Prime Minister of the Cook Islands Henry Puna and government representatives from Cook Islands. The discussion centered around the interest of Puna's administration to seek business partners and investors in areas related to solar and environmental technologies, financial services, tourism, jewelry and port development. Chamber Board Member Ron Rogers, Rogers Ruder Finn, was also in attendance. Above from left: Carmel Beattie, chief executive of Cook Islands Tourism Corporation; Prime Minister Puna; Toebben; and Jennifer Davis, CEO of Cook Islands Financial Services Development Authority.
Chamber meets with U.S. Department of Commerce Assistant Secretary
Late last month, Chamber representatives discussed promoting the National Export Initiative with Assistant Secretary of Manufacturing and Services Nicole Y. Lamb-Hale, International Trade Administration, U.S. Department of Commerce (left). Chamber Board Member Eugene Hale, Greater Los Angeles African-American Chamber of Commerce, and David Libatique, Port of Los Angeles, were also in attendance.
Chamber discusses corporate best practices in Foreign Exchange (FX) Risk Management
The Chamber, including members of the Global Initiatives Council, received an update on the state of the current currency exchange market from Michael Hayashida, executive director of FX & Rates Risk Management, J.P. Morgan Chase Bank, N.A. (left) last month as he addressed topics including the Eurozone sovereign debt issues, regulatory changes in China and how they may impact U.S. companies, the investment potential in Brazil, as well as FX risk management “best practices.” View the presentation.
Chamber meets with delegation from Vietnam
Chamber Senior Vice President of Global Initiatives Carlos J. Valderrama spoke to representatives of Global Integration Business Consultants (GIBC), a Vietnamese business organization visiting Los Angeles. Vietnam is Los Angeles' eighth largest trading partner with a total annual trade of $7.5 billion. The delegation discussed matters related to fostering global trade and investment in Southern California. GIBC executives, representing several industry sectors, participated in the Advanced Leadership program for Vietnamese Business Leaders at UCLA Anderson School of Management.
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TRADE COMMISSIONERS CORNER |
Trade Commissioners Networking Group
Next Session:
Private Green Port Policy Briefing & Harbor Tour Luncheon, Port of Long Beach
Wednesday, Aug. 31, 10:30 a.m. – 2 p.m.
Register now or learn more about the group.
TCNG was established to provide the infrastructure and venue where foreign diplomats, including trade commissioners, can develop their own international trade strategies and programs as they perform their professional responsibilities. The Chamber is committed to working closely with countries who are actively promoting trade and economic opportunities. Contact Jasmin Sakai-Gonzalez, 213.580.7569
Maurice Kogon, director of the El Camino Center for International Trade, Development testified at a House Committee on small business hearing on export strategy in Washington, D.C. in late July. The invitation was prompted by a white paper he wrote on the National Export Initiative (NEI) about a year ago. Included in his testimony were strategies to enhance the effectiveness of the NEI, including the need to increase U.S. exports as a percent of GDP, increasing the number of new exporters, and the need for systematic collaboration with non-federal partners. Read the full testimony.
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The North American Idea: A Vision of a Continental Future, Sept. 16
Join the Global Initiatives Council on Friday, Sept. 16, 9-10:30 a.m. for a special briefing with Robert A. Pastor, professor of International Relations and Founder and Director of the Center for North American Studies at American University, as he discusses his latest book and provides his views on the North American Free Trade Agreement (NAFTA) and the need for an interdependent system between our top trading partners. Pastor served on the National Security Council and as a consultant to the State and Defense Departments. He is the author of 16 other books, including "Exiting the Whirlpool: U.S. Foreign Policy to Latin America" and "A Century's Journey: How the Great Powers Shape the World." $15 Chamber members: $25 non-members. Register now.
Global Initiatives Council, Sept. 21
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Join the Global Initiatives Council on Wednesday, Sept. 21, 9-10:30 a.m. to meet with Patrick Del Duca, partner with Zuber & Taillieu and co-chair of the Mexico Committee of the American Bar Association’s Section of International Law, as he discusses his latest book "Choosing the Language of Transnational Deals: Practicalities, Policy and Law Reform." Published by the American Bar Association, the book addresses complex legal topics across diverse cultures and languages. A member of the Pacific Council on International Policy, Del Duca teaches as an adjunct professor at UCLA, and Loyola and UC Davis Law Schools. Complimentary for Chamber members; $25 non-members. Register now.
Global Thursdays: Increase Profits - Export to Global Markets
The Chamber, in partnership with the Santa Monica College Small Business Development Center, is pleased to announce the launching of Global Thursdays. If you are a company thinking about exporting, don't miss this opportunity to meet with international business advisors at the L.A. Area Chamber and discuss identifying potential global markets, global market entry, financing your exports, compliance and regulatory matters and much more. Sign up to meet with a consultant on Thursdays at the Chamber. Learn more or call 310.434.3566 for an appointment.
For more information on Chamber events, visit lachamber.com/events.
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Entrepreneurship in the Global Market, Aug. 11
Small Business Workshop on Exporting, Aug. 18
Utilizing Your Online Presence to Maximize International Sales, Aug. 24
China International Fair for Investment & Trade, Sept. 8-11
43rd Annual JAS Golf Classic, Sept. 12
7th Annual JAS Tennis Open, Sept. 12
Expanding Horizons: A Seminar for Small Businesses Entering International Markets, Sept. 29
The 16th Macao International Trade & Investment Fair, Oct. 20-23
Visit the International Trade Calendar for a complete listing.
To submit an event or for more information on any of the information in this newsletter, contact Jasmin Sakai-Gonzalez, 213.580.7569.
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