|
LOUISIANA INTERNATIONAL
TRADE BULLETIN |
| Subscribe |
A monthly partnership publication of
the Louisiana Department of Economic Development
the New Orleans U.S. Export Assistance Center
and the World Trade Center of New Orleans |
 |
February 2003
TABLE OF CONTENTS
|
|
|
Ms. Maria Cino, Assistant Secretary and Director General of the
U.S. Foreign and Commercial Service with the U.S. Department of Commerce,
will speak at a luncheon program at the World Trade Center’s Plimsoll
Club in New Orleans on Wednesday, February 12. The subject of her talk is
"The President’s Economic Plan and What It Means for International
Trade."
In May of 2001, Ms. Cino was appointed by President Bush to serve
as the Assistant Secretary and Director General of the United States and
Foreign Commercial Service at the United States Department of Commerce.
The U.S. and Foreign Commercial Service is the key export promotion agency
of the federal government with a worldwide network of 1,700 employees
charged with the mission to help small and medium sized American
businesses export to markets worldwide.
Maria Cino’s career in coordinating and managing public policy
and political projects spans over 20 years. Most recently, Ms. Cino served
as the Deputy Chairman for Political and Congressional Relations at the
Republican National Committee (RNC) in Washington, D.C. In this role, Ms.
Cino managed a $250 million grassroots media, mail and get-out-the-vote
effort in all 50 states. To register for the luncheon, call the WTC at
(504) 529-1601, ext. 222 or click here.
|
|
|
|
U.S. Foreign Commercial staff recently prepared medical market
briefs for over 20 countries. To request copies, e-mail Jo Daugherty of
the New Orleans U.S. Export Assistance Center at: jo.daugherty@mail.doc.gov. Due
to the volume of reports, they will be sent as an e-mail attachment.
Countries include: Austria, Belgium, Croatia, Czech Republic, Denmark,
Finland, France, Germany, Greece, Hungary, Ireland, Israel, Kazakhstan,
Netherlands, Norway, Portugal, Romania, Russia, Spain, Sweden, and the
United Kingdom.
|
|
|
|
An "Apostille" is often required by Mexican authorities
or financial institutions as the means of verifying the authenticity of
international documents. Since Apostilles are not used within the U.S.,
many Americans are not familiar with them. An Apostille is a certificate
issued by a state government, generally by the Secretary of State, to
authenticate documents signed by a government official or Notary Public of
the same state. Examples of U.S. certificates that might require an
Apostille for acceptance in Mexico are court-issued documents, death
certificates, birth certificates, marriage licenses, and patent and
trademark documents. Documents that are not issued directly by a state or
county may require notarization before applying for an Apostille. Such
documents might include business contracts or agreements, powers of
attorney, and minutes of meetings. For more information, contact the
Louisiana Secretary of State by phone (225) 925-4704 or e-mail: commercial@sec.state.la.us.
|
|
|
|
On December 11, the United States and Chile reached agreement on
the Free Trade Agreement (FTA) designed to strip away barriers and
facilitate trade and investment between both countries. U.S. Trade
Representative Robert B. Zoellick and Chilean Foreign Minister Soledad
Alvear said they expect to sign the Agreement and submit it to their
Congresses for approval this year.
Key provisions of the U.S.-Chile FTA include:
- Over 85% of bilateral trade in consumer and industrial
products tariff-free immediately; most remaining tariffs eliminated
within four years.
- Nearly three-quarters of U.S. and Chilean farm goods
tariff-free within four years; all tariffs and quotas phased out
within 12 years.
- U.S. firms gain new access to fast-growing Chilean services
market.
- State of the art protections and non-discriminatory treatment
provided for digital products such as U.S. software, music, text and
videos.
- Provides a secure, legal framework for U.S. investors in
Chile.
- U.S. firms guaranteed fair and transparent process to sell
goods and services to Chilean government entities, including airports
and seaports.
- Cooperative projects to protect wildlife, reduce
environmental hazards and promote internationally recognized labor
rights.
For additional information, call the U.S. Export Assistance
Center in New Orleans at (504) 589-6546 or in Shreveport at (318)
676-3064.
|
|
|
|
Bank One has been named one of the top 10 lenders by the
Export-Import Bank of the United States for fiscal year 2002. Bank One was
ranked number six in this listing and was the only bank active in
Louisiana ranked among the bank’s top 10 loan producers.
In 2002, Bank One completed 22 working capital transactions with
Ex-Im Bank for loans totaling more than $44 million. Bank One is one of
the few financial institutions in the country that maintain a dedicated,
full-time staff for delivering the Export-Import Bank’s Working Capital
Export Loan Program, said Bill Cummins, First Vice President of
international banking for Bank One in New Orleans.
This is the fourth consecutive year that Bank One has been among
the Ex-Im Bank’s top 10 producers, Cummins said. He also noted that 35%
of Bank One’s total dollar volume under the Ex-Im Bank’s Working
Capital Loan Program during 2002 came from Louisiana companies.
The Bank One Business Export Loan was developed in partnership
with the Ex-Im Bank to help U.S. companies fund and expand their
international sales. Ex-Im Bank provides a 90 percent U.S. governmental
guarantee for principal and accrued interest on all loans and letters of
credit using this export program.
|
|
|
|
The STUDY USA Asian Tour kicks off on February 18 and will
include ten events in eight countries. This is an excellent venue for
American schools to reach thousands of potential international students
through seminars, exhibitions, trade events, media resources, and having
your school listed on the STUDY USA website. The cost varies depending on
the country or countries you choose to include in the tour. Call the U.S.
Export Assistance Center in New Orleans at (504) 589-6546 for more info,
or visit/register at www.susa.gov.
The tour schedule is as follows:
- February 18-19: Mumbai, India
- February 21-22: Delhi, India
- February 24-25: Chennai, India
- March 1-2: Bangkok, Thailand
- March 4: Manila, Philippines
- March 6-7: Kuala Lumpur, Malaysia
- March 9-10: Jakarta, Indonesia
- March 30-31: Seoul, Korea
- April 5: Tokyo-Ikebukuro, Japan
|
|
|
|
The World Affairs Council of New Orleans is holding a luncheon
program on Wednesday, March 12 on "Cuba After Castro: 44 Years
Later." The featured speaker is Irving Louis Horowitz, Distinguished
Professor of Sociology and Political Science at Rutgers University. The
program will be held at the Plimsoll Club of the World Trade Center in New
Orleans. The event is co-sponsored by the WTC and the University of New
Orleans’ Metropolitan College. Please call the World Affairs Council’s
office at (504) 523-2201 to register.
|
|
|
|
The Board of Directors of the World Trade Center of New Orleans
has elected Donna Fraiche as President of the WTC for 2003. Ms. Fraiche is
a Partner of the Locke Liddell and Sapp law firm. Other WTC officers
elected for 2003 are: President-elect, Charles Teamer, Chairman, Board of
Directors, Dryades Savings Bank; Vice Presidents - Leon R. Fulton,
Chairman, Fulton, Johnson, Newman, & Pittman Insurance Agency; J.
Dwight LeBlanc, Partner, Chaffe McCall Phillips Toler & Sarpy, LLP;
and Charles W. Nelson, President, Waldemar S. Nelson & Co.; Treasurer,
Constance C. Willems, McGlinchey Law Firm; Secretary, Ronnie Kole;
Chairman of the Board, Jean C. Felts, Principal, Jean Felts & Company;
and Richard Allen and Eugene Schreiber, Managing Directors.
New directors elected to the WTC Board are: Conrad Appel, II,
President, Construction South; Lawrence L. Boudreaux, III, President,
Fidelity Homestead Association; Michael Bruno, Partner, Bruno &
Tervalon; Allen B. Colley, President, Dupuy Storage & Forwarding
Company; Arnold Fielkow, Executive Vice President, New Orleans Saints;
Arnie Frankel, Manager, AEP Southwestern Electric Power; Roy Gonzalez,
Vice President, Biehl & Company; David Guidry, President, Guico
Machine Works; Walter J. Leger, Jr., Partner, Leger & Mestayer;
Gregory Rusovich, President, Transoceanic Shipping Company; Fred Siegel,
President, The Siegel Group; and Robert W. Vorhoff, Director of Corporate
Planning, Laitram Corporation.
|
|
|
|
On March 17-21, join the U.S. Department of Commerce Healthcare
Technologies Trade Delegation to Copenhagen, Denmark and Stockholm, Sweden
(with an optional stop in Oslo, Norway) and meet with prospective
distributors, agents, and strategic alliance partners. Targeted sectors
include telemedicine, medical supplies, diagnostics, and healthcare
services.
- Denmark’s import medical market is estimated at $375
million. Publicly owned hospitals and government subsidized healthcare
are being privatized, and export opportunities are increasing.
Telemedicine is one of the fastest growing trends in the Danish
healthcare market.
- Sweden, one of the most advanced medical equipment markets in
the world, imports an estimated $850 million in medical equipment and
technology. Like Denmark, the demand for telemedicine continues to
grow in Sweden.
- Norway’s healthcare system is government funded, but
private clinics are gaining greater acceptance due to the tedious wait
for public healthcare services. Both public and private healthcare
providers use state of the art equipment and demand new technologies.
Commercial Service industry experts in each country will bring
the highest quality business contacts from the healthcare industry to meet
with you during your mission. You will receive an individual itinerary of
pre-screened, targeted appointments; market briefings; business networking
receptions; and support/follow-up assistance when you return.
Register soon as space is limited. Call the U.S. Export
Assistance Center in New Orleans at (504) 589-6546 or in Shreveport at
(318) 676-3064 for more information.
|
|
|
|
The U.S. Department of Commerce has a new website to inform the
Hispanic community of changes in the economy, upcoming trade development
missions, high tech issues, and trade opportunities. The site includes
information about minority development, export assistance, grant
opportunities, contracting, and career opportunities. Visit the site at www.commerce.gov/indes_spanish.htm.
|
|
|
|
The Port of South Louisiana and Vicksburg-Jackson Foreign Trade
Zone, Inc. has applied to the U.S. Commerce Foreign Trade Zone (FTZ) Board
for special purpose FTZ sub-zone status for the oil terminal facilities of
Ergon St. James, Inc. in St. James, Louisiana. A copy of the application
is available for public inspection at the U.S. Export Assistance Center in
New Orleans. Call (504) 589-6546 for more information. To learn more about
Foreign Trade Zones, log on to http://ia.ita.doc.gov/ftzpage.
|
|
|
|
On January 9 the U.S. Department of Commerce, the Department of
State, and other organizations sponsored a Caspian Basin Energy Conference
at the World Trade Center in New Orleans. Over 150 representatives of the
oil and oil service industries from locations such as Houston and Tulsa to
Denmark and Turkey attended the all-day Conference.
The morning panel, "Business Development Opportunities in
Major Caspian Energy Projects" featured presentations by BP, Chevron
Texaco, and Parker Drilling. The afternoon session included a panel on
"Doing Business Successfully in the Caspian Basin" with
presentations by Transoceanic Shipping, Caspian Wireline Services,
McDermott International, and TEST Automation and Controls. The final
panel, "Getting Started in the Caspian Region: Resources and Services
for U.S. Business Development," featured presentations by the
Louisiana Department of Economic Development, as well as the Commercial
AttachŽs in Baku and Almaty.
The keynote luncheon speakers were Amb. Steven Mann, Caspian
Basin Energy Diplomacy; Hon. Ross Wilson, U.S. Ambassador to Azerbaijan;
and Hon. Larry C. Napper, U.S. Ambassador to Kazakhstan. A special guest
at the conference, H.E. Hafiz Mir Jaslal Pashayev, Ambassador of the
Republic of Azerbaijan to the U.S., also delivered remarks at the
luncheon.
Following the afternoon panels, conference participants met
one-on-one with representatives from BP, the Export-Import Bank, the
Overseas Private Investment Corporation (OPIC), and the Louisiana
Department of Economic Development. The conference concluded with a
Networking Jazz Reception in the Plimsoll Club.
|
|
|
|
The Louisiana International Trade Center is part of the Small
Business Development Center, a nationwide network of more than a thousand
centers in all fifty states and territories that are dedicated to
assisting small and medium sized companies. The LITC helps business people
in the state of Louisiana interested in exporting and importing.
Counseling services are provided FREE of charge to their clients.
Counseling sessions are provided by international marketing experts,
bankers, freight forwarders, customs brokers, attorneys and Internet
developers. To set an appointment call (504) 568-8222. For more
information on the program and seminars visit our web site: www.uno.edu/~litc.
|
|
|
|
The 2003 edition of the Louisiana International Trade Directory,
the official import-export directory of Louisiana published by the World
Trade Center is now available. The Directory contains over 1,700 detailed
listings of Louisiana exporters, importers, trade services, and
organizations. Prices are $40 for the binder ($25 for WTC members) and
$100 for the CD Rom ($80 for WTC members). To order, call the WTC at (504)
529-1601, ext. 222 or visit the WTC website at www. wtcno.org to purchase
the Directory online.
|
|
|
|
Exporting food and beverages from the United States can be more
complicated than exporting other products due to requirements imposed by
governments internationally. Several U.S. government agencies issue
certificates and other documentation that is often necessary for exporting
food and beverages. These agencies provide companies with assistance in
filling out the appropriate paperwork and determining the shipping
requirements for specific products and destinations. For details, call the
U.S. Export Assistance Center in New Orleans at (504) 589-6546.
|
|
|
|
It is often assumed that only large firms can successfully do
business in China. In fact, many small and medium-sized firms are also
doing business in China with great success.
There is an excellent nine-page article in the January/February
2003 issue of The China Business Review, entitled "The Small Fry Take
on China". Learning from the experiences of others can help small
businesses new to China avoid costly mistakes. Material includes
"Keys to Business Success in China". View the piece online at: http://www.chinabusinessreview.com/0301/gallant.html,
or call the New Orleans U.S. Export Assistance Center at (504) 589-6546
for a copy.
The article was authored by Rosemary Gallant, a Commercial
Officer in the Middletown (CT) U.S. Export Assistance Center. Ms. Gallant
has worked for eleven years for the U.S. and Foreign Commercial Service in
Shanghai, Hong Kong, and the American Institute in Taiwan. She joined the
China Office of the Commerce Department in 1988. The China Business Review
is published bimonthly by the US-China Business Council, which has offices
in Beijing, Shanghai, and Washington D. C.
|
The Louisiana International Trade Bulletin is a monthly
partnership publication of the:
Louisiana Department of Economic Development,
New Orleans U.S. Export Assistance Center, and
World Trade Center of New Orleans.
If you are not currently on our mailing list, click here to fill out an on-line
subscription form for postal or email delivery.
|