July 2016 - in this issue...
LARExC participates in Annual Select USA Summit

Inside the Chamber



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. 
Read more on the process behind issuing Certificates of Origin. 
The Trade Finance Guide: A Quick Reference for U.S. Exporters
This guide was designed to help U.S. firms learn the basic fundamentals of trade finance so that they can turn their export opportunities into actual sales. Developed by the U.S. Department of Commerce, and provided to you by the Export-Import Bank, this guide offers an easy to understand overview of the financial tools available and where to access them. Learn more here
Chamber members receive tools to access global opportunities and strengthen their business.

Center for Strategic & International Studies, Americas Program


Trade news from around the world
Once a month, the Chamber produces an email brief including trade news from around the world. Published online, the email brief is an exclusive benefit of the Global Initiatives Council. Read more.

LARExC Participates in Annual SelectUSA Summit, Washington D.C.
The Los Angeles Regional Export Council (LARExC) and the California Governor's Office of Business and Economic Development (GO-Biz) coordinated the participation of eleven California cities and county economic development agencies in the 2016 SelectUSA Summit hosted by the U.S. Department of Commerce. For the third consecutive year, LARExC and GO-Biz are continuing to develop programs and initiatives to attract, retain and expand direct foreign investment in the counties of Los Angeles, Ventura, San Bernardino, Riverside and Orange to create regional employment. Over 800 business executives representing 65 countries attended the event. 
GO-Biz reports that several companies representing Australia, China, Israel and Finland are sending teams to California for site visits and to evaluate the establishment of business operations in California as a result of summit meetings.
LARExC is an affiliate program of the L.A. Area Chamber.
Global Initiatives Council hears from Councilmember Blumenfield
In mid-June, members of the Chamber's Global Initiatives Council met with L.A. City Councilmember Bob Blumenfield, chair of the Innovation, Grants, Technology and Trade Committee. "Every council decision impacts international trade, and, in return, impacts our quality of life.  We must work with the international community to help facilitate future connectivity and trade", noted the Council member, as he provided an overview of how the committee is interacting and working with the international business community. The council member also noted how the Port of Angeles and the Los Angeles World Airports are contributing to expanding the presence of local companies in global markets.  
Chamber hosts Governor's International Trade & Investment Advisory Committee
Ten members of the Governor's International Trade & Investment Advisory Committee met at the Chamber late last month for their quarterly session. The Council, chaired by former U.S. Ambassador to Hungary Eleni Kounalakis, advises GO-Biz on strategies to expand international trade and investment for California businesses, as well as attract foreign direct investment into the State. Carlos Valderrama, senior vice president of Global Initiatives at the Chamber, is an active member of the Council since 2015. The Chamber continues to engage with key players at the State level to ensure the L.A. region is at the forefront of seizing global trade opportunities.
The Revolutionary Role of Mobile Devices in the Global Economy, Aug. 17
On Wednesday, Aug. 17, join the Global Initiatives Council from 9 - 10:30 a.m.to hear from Jeffrey Cleveland, principal and chief economist of Payden & Rygel and his associate Siddarth Saravat, as they provide an overview of the immense impact mobile technology will have on the global economy. Register now or contact Jasmin Sakai-Gonzalez, 213.580.7569.

Upcoming: Strategic Roundtable with the Five Counties in Southern California, Aug. 3

Join us for a private roundtable on Wednesday, Aug. 3, 10 a.m. - noon at the L.A. Area Chamber, to meet with representatives of economic development centers of the five adjoining counties in Southern California. Representatives from the counties of Los Angeles, Ventura, San Bernardino, Riverside and Orange have been invited to provide you with an overview of their key industry sectors, trade strategies and potential foreign direct investment opportunities.  Brian Peck, deputy director of International Affairs & Business Development of the Governor's Office of Business and Economic Development (Go Biz), will also be available for a private meeting with the group from 10 - 10:30 a.m.registration. For members of the Diplomatic & Commercial Officers Group only. 

Register now
or contact Jasmin Sakai-Gonzalez, 213.580.7569.
The Chamber would like to thank Ms. Sachiko Yoshimura, chief executive director of JETRO, and Mr. Moniruzzaman Malek, commercial consul for the Consulate General of Bangladesh, for their service to L.A. for the past several years. Both executives have  taken on new posts and responsibilities within their agencies, and we wish them the best of luck.

We welcome Mr. Al Mamoon as he begins his posting as incoming commercial consul of the Consulate General of Bangladesh this summer.

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.
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 small businesses.
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Los Angeles Area Chamber of Commerce, 350 S. Bixel St., Los Angeles Ca 90017
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L.A. Area Chamber, 350 S. Bixel St., Los Angeles, CA 90017