Los Angeles Area Chamber of Commerce I October 2018

Chamber member diplomats meet with SpaceXtoparticle
More than 30 members of the Diplomatic & Commercial Officers Group met with Jonathan Hofeller, vice president of commercial sales, SpaceX, to receive an update on general trends of the aerospace industry in Southern California, SpaceX's current international partnerships and potential future partnership opportunities. Hofeller noted, "SpaceX is an international company. We value our work with other countries and look forward to future collaboration." To date, SpaceX has developed projects and partnerships with 14 countries that are currently members of the Chamber. More than 40 countries are represented in the Diplomatic & Commercial Officers Group, which provides the infrastructure and venue where members of the consul corp. and trade offices can develop their own trade strategies and programs as they perform their professional responsibilities. SEE PHOTOS; LEARN MORE.
Chamber receives STEP grant funding for seventh 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 and 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 of L.A. LEARN MORE.
U.S.-Vietnam Trade & Investment Forum hosted at the Chamber
Late last month, the L.A. Area Chamber and Los Angeles Regional Export Council (LARExC), in partnership with the Consulate General of Vietnam in San Francisco, welcomed a delegation led by H.E. Mr. Hoang Quoc Vuong, vice minister of industry and trade of Vietnam, accompanied by high ranking officials of the ministry, leaders of local governments and business executives of more than 30 enterprises representing various key industry sectors. This is the first time a delegation of this level of government has visited Los Angeles. The briefing garnered attendance by 150 guests and was followed by a series of one-to-one business meetings. Vietnam is the Los Angeles region's fourth largest trading partner, with a total annual bilateral trade of $19 billion. SEE PHOTOS.
Chamber invited to a China-U.S. relations roundtable
Carlos J. Valderrama participated in a roundtable discussion about current China-U.S. relations at the Chinese consul general's residence in Los Angeles. Xie Fuzhan, president of the Chinese Academy of Social Sciences (CASS), and former party secretary of the Communist Party Provincial Committee of Hena, led the delegation of several CASS scholars and experts. These executives exchanged many views and maintained open and frank discussions about the current overall U.S.-China relationship with representatives of the Brookings Institution, USC U.S.-China Institute, USC Center for International Business, Milken Institute, Pacific Council and the Asia Society of Southern California. Consul General Zhang Ping hosted the event and moderated the discussion which was centered around the desire to minimize trade disputes, avoid long-term negative consequences affecting global trade, and seek mutual prosperous trade and investment relations between the two countries.
The Fourth Industrial Revolution, Oct. 17
Please join the Global Initiatives Council to hear from Richard Samans, managing director of The World Economic Forum, for a closer look at new government regulations surrounding the tech sector. Drawing on The World Economic Forum's global convening power, community creation and insight generation, the Center for the Fourth Industrial Revolution in San Francisco aims to accelerate cross-sector cooperation for effective Fourth Industrial Revolution governance. RSVP.
Transatlantic Trade: A Tie That Binds, Nov. 14
In an era of unease in the transatlantic relationship, negotiations on trade have recently emerged with potential to reinvigorate the bond between the U.S. and Europe. Join the Global Initiatives Council to hear from Dr. Karen Donfried, president of the German Marshall Fund, as she sheds light on the existing EU-U.S. trade relationship, the current state of trade negotiations, and touches upon the divergences in regulation of tech between the two nations. Maintaining a strong presence on both sides of the Atlantic, the German Marshall Fund of the United States (GMF) works to strengthen cooperation through convening leaders on transatlantic issues relevant to policymakers. RSVP.
Be a part of the largest celebration of global trade in the nation
If your company is a key player in the global trade arena, don't miss this opportunity to participate and gain visibility in front of nearly 1,000 members of the Southern California trade industry! World Trade Week is dedicated to educating the public about the positive impacts of international trade on the local and national economies. BECOME A SPONSOR!
World Trade Week showcases global trade career pathways at EXP's GPS Your Future
Late last month, the Chamber's World Trade Week (WTW) Education Committee participated as an exhibitor at a premier career discovery event hosted by EXP and California State University, Dominguez Hills. The program garnered attendance from nearly 900 high school students from the region. WTW met with students to showcase the many exciting career opportunities and sectors available in global trade industries. WTW, an initiative of the L.A. Area Chamber, educates the public about the positive aspects of international trade on the local and national economy through educational programs and events. LEARN MORE or SUPPORT.
California Environmental Regulations & Renewable Energy Briefing, Nov. 15*
Join us on Nov. 15, 9:30-11 a.m., at the Chamber to receive an update on California environmental regulations and renewable energy from the chair to the California Energy Commission, Robert Weisenmiller, and Dr. Fan Dai, special environmental advisor to Gov. Brown. Chair Weisenmiller and Dr. Dai will discuss California's legislature and new initiatives pertaining to renewable energy and environmental protections, in particular an overview of the Global Climate Action Summit and any international partnerships and actions that resulted from the summit. RSVP.
Annual Strategic Roundtable, Dec. 3*
Join us on Dec. 3, 3:30-5:30 p.m., at the Omni Hotel Downtown Los Angeles, where we will announce 2019 leadership for the group, set top program priorities for 2019 and receive the group's general feedback. We strongly encourage you to attend this last session of the year to ensure your programming priorities for 2019 are heard. Please limit attendance to two representatives from your office. The session will be followed by the Chamber's Annual VIP Holiday Reception from 5:30-7 p.m. RSVP.
The Diplomatic & Commercial Officers Group provides the infrastructure and venue where members of the consul corp. and trade offices can develop their own trade strategies and programs as they perform their professional responsibilities. To date, more than 40 countries are represented in the initiative.
Chamber welcomes new U.S.-Mexico-Canada trade agreement
Following the announcement that the United States, Mexico and Canada have reached a new trade agreement, the Los Angeles Area Chamber of Commerce released the following statement: "In addition to making industries and commerce in the continent more competitive in global markets, this new trilateral agreement with our key strategic trading and investment partners will provide stability, certainty and assurance to traders and investors in the continent and international markets," said Chamber President & CEO Maria S. Salinas. "We urge Congress to ratify the new U.S.-Mexico-Canada Agreement."
LAWA launches cargo and trade web resource
Los Angeles International Airport's trade totaled $9.7 billion for the month of July, $69.38 billion through July of 2018 and $114.37 billion for all of 2017, per the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. LEARN MORE on the newly launched web resource.
LMU receives Center for International Business Education grant
Loyola Marymount University (LMU) has been selected to receive the Center for International Business Education (CIBE) grant from the U.S. Department of Education (DOE) for years 2018-2022. This prestigious award aligns with the University's new vision in the College of Business Administration for a more global and entrepreneurial perspective. As part of the CIBE program, LMU will implement curriculum development, research and training on issues related to U.S. trade and competitiveness. The grant will also fund LMU's mission to develop future global business leaders and increase global competitiveness of U.S. companies. The total federal funding over the next four years is just over $1 million, and LMU provides cost-sharing up to 50 percent to operate the center. Congratulations to Professor Paik and the hard work of many colleagues across the institution which resulted in such a significant award that will be transformative in both the University and with its partners.
Hong Kong-Jiangsu: Business Partnership Mission to Los Angeles, Oct. 29
The Hong Kong Trade Development Center invites you to join a delegation of Hong Kong and Jiangsu companies interested in exploring business partnerships in Los Angeles on Oct. 29 at The L.A. Grand Hotel Downtown. The half-day program includes a networking luncheon and business matching session. Companies with an interest in meeting with these companies and/or learning more about the Hong Kong/Asia market are encouraged to attend and join the business matching session to present and discuss one-on-one with our delegates from Hong Kong and Jiangsu Province. The Hong Kong/Chinese Mainland companies have a general interest in pursuing U.S. projects related to applications of artificial intelligence, raw and new materials, smart technology and other business areas. RSVP.
IrelandWeek returns to Los Angeles after highly successful debut
The second annual multi-day event showcases the wealth and breadth of talent from Irish creators and innovators. Following the success of last year's inaugural event, IrelandWeek is proud to announce the return of the week-long conference and culture festivities from Oct. 26-Nov. 4, 2018, in Los Angeles. Through a myriad of events covering live music, theater, visual art, film, TV, sports, tech, trade and animation, IrelandWeek's focus is to bring Ireland to the world, and the world back to Ireland. Special discount available on early bird tickets for the Ireland conference on Nov. 1 for Chamber members using the discount code LAChamber2018. LEARN MORE.

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