Inside Global Trade: Gov. Jerry Brown joins Chamber to kick off World Trade Week
May 2014 - in this issue...
Gov. Jerry Brown Kicks Off World Trade Week


Inside the Chamber

 

Trade Commissioners Corner

 

Community Events

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Trade Intelligence Brief 

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COMMUNITY TRADE EVENTS
In May, join us for the nearly 20 international trade events taking place in Southern California as part of World Trade Week.

Visit the International Trade Calendar for a complete listing. 

 

To submit an event or for more information on any of the content in this newsletter, contact Aaron Borboa, 213.580.7569.  

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The China Learning Expedition
June 9-13

 

Participate in this immersive, 

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at Claremont Graduate University.  China business experts will present real-world observations on how to navigate this complex, fast-growing market and establish a platform for lasting success. View more information.
Special Discount: L.A. Area Chamber members receive $250 refund soon after paying full $6,500 total program cost. Note "L.A. Area Chamber member" on the application form

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STRATEGIC LINKS

Center for Strategic & International Studies, Americas Program

 

Doing Business

Institute of the Americas

Invest In America

 

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

U.S. Department of Commerce - International Trade Administration

U.S. Chamber of Commerce

U.S. Customs and Border Protection

U.S. Food and Drug Administration

World Trade Organization

World Economic Forum 

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Read more on the process behind issuing Certificates of Origin.  
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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.
 
TopTOP STORY

GOV. JERRY BROWN HELPS KICK OFF WORLD TRADE WEEK

On May 2nd, more than 600 business executives,  members of the diplomatic corp.and civic leaders gathered for the 88th Annual World Trade Week (WTW) Kickoff Breakfast at the JW Marriott at L.A. Live. Gov. Brown highlighted the importance of global trade, and the role that California plays in the international business arena. "We can't hesitate in the face of challenges - we can't get tired. California is exciting - it's a land of opportunity and international vibrancy," said Gov. Brown. Keynote speaker Bryan Stockton, chairman and CEO of Mattel, discussed the need to pursue global business and increase market presence by constantly innovating marketing strategies. The Chamber presented Mario Cordero, chairman of the Federal Maritime Commission, the prestigious Stanley T. Olafson Award. Also at the breakfast, 19 high school and university students received WTW scholarships. View photo gallery and press release or contact Carlos J. Valderrama, 213.580.7570. (Above from top and clockwise: Gov. Jerry Brown, Stockton addressing the audience and students with their scholarship certificates.  Photos by: ImageActive

WTW
INSIDE THE CHAMBER 
Chamber participates in Pacific Alliance Forum

On May 5, Chamber Senior Vice President of Global Initiatives Carlos J. Valderrama moderated a panel discussion at L.A. City Hall on the benefits to the L.A. region of the Pacific Alliance. Chile, Colombia, Mexico and Peru are the four founding nations of the Pacific Alliance launched in June 2012. The objective of the alliance is to develop economic integration and to move toward the free circulation of goods, services and people. This alliance represents nearly 36 percent - more than $3 trillion - of Latin America's GDP. The event was hosted by the Consulate General of New Zealand and organized by the Mayor's Office of International Trade. New Zealand, Chile, Mexico and Peru trade offices in Los Angeles are members of the Chamber's Trade Commissioners Networking Group (TCNG). Contact Carlos J. Valderrama, 213.580.7570.   

Chamber sponsors an educational International Economic Summit 

Members of the World Trade Week (WTW) Education Committee participated in the International Economic Summit at the Port of Los Angeles on May 6. The Summit created challenging and competitive simulation projects in economics and international trade designed to teach high school students skills needed to complete their education, learn about global markets and to succeed professionally. Students, teachers and volunteers showed great participation, enthusiasm and eagerness to complete all activities. WTW is proud to sponsor international trade programs to educate students about the positive aspects of Global Trade and investment. View video. Contact Aaron Borboa, 213.580.7569. 
California-Mexico Mission, July 27-30 
This summer, Gov. Jerry Brown will lead an historic trade and investment mission to Mexico. Along with senior members of his administration, Gov. Brown will travel to Mexico City to build on the momentum initiated last year in China. Mexico is California's largest export market. The Chamber is partnering with the California Chamber of Commerce for its statewide effort to recruit business trade delegates. View more information or contact Carlos J. Valderrama, 213.580.7570. 
TCNG
TRADE COMMISSIONERS CORNER 

TRADE COMMISSIONERS HIGHLIGHT:
Free Trade Agreement: United States - European Union 
 

By: Michael Rosenfeld
Director of USA Clean Technology Sector

British Consulate General, Los Angeles
 
With as much trade as Southern California does with Asia, it would be easy to underestimate how valuable that "other" free trade agreement - the one between the U.S. and the European Union - could be for this region. But when you look at the numbers, it's clear this deal, too, deserves our support.

 

26.2 percent - That's how much we could expect California's EU-bound exports to increase under a very achievable scenario in which the U.S. and EU eliminate each other's already-low tariffs and cut regulatory red tape by 25 percent. Considering that California exports $56 billion worth of goods and services to the EU each year, a 26.2 percent increase translates to a huge amount of additional business.

75,340 - That's the net number of jobs that the Transatlantic Trade & Investment Partnership (TTIP) would create in California, according to a study by the Atlantic Council, the Bertelsmann Foundation and the British Embassy. More than 6,000 of those new jobs would come from just three of L.A.'s Congressional districts, with thousands more created over the rest of the city and neighboring areas.

$865 - All those new jobs mean a lot of additional economic activity; the average family of four could expect to find $865 every year in their wallets.

The potential benefits are broad and deep. Many companies, like those in pharmaceuticals, would gain from the U.S. and EU agreeing to recognize each other's safety standards. Lower - or zero - tariffs would likely drive up demand for locally produced clothing and other goods. And advanced manufacturers could reap savings on the imported goods in their supply chains.

For all these reasons and more, the Chamber has been active in support of TTIP. Working through the California Coalition for Free Trade, it has urged Congress to grant the Obama Administration Trade Promotion Authority to negotiate a final agreement. The Coalition has more than 70 members large and small and remains open to new ones seeking a vehicle to advocate for free trade.

As we all know, the politics around free trade are complicated. So it's all the more important that proponents of economic opportunity don't get left standing on the sidelines. We stand to enjoy tremendous gains from increased trade with Europe, but we'll need to make our voices heard. Let's all speak up.

PARTNERS
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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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