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LOUISIANA INTERNATIONAL
TRADE BULLETIN |
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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 |
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June 2003
TABLE OF CONTENTS
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On Thursday, June 5 the World Trade Center, Bank One, and other
organizations are sponsoring a luncheon seminar in the WTC’s 29th Floor
Executive Offices on "International Sales and Distribution
Agreements" featuring Patrick B. Fazzone, an international attorney,
based in Washington, D.C.
Mr. Fazzone’s presentation will include the following topics:
formation of export sales agreements; direct sales to end-user customers;
using distributors and agents; and U.S. and foreign laws affecting sales
agreements. He also will discuss pricing; territory and exclusivity;
trademarks and copyrights; warranties and product liability; termination;
dispute resolution; and over-invoicing and under-invoicing. To register
for the luncheon, call the WTC at 529-1601, ext. 222 or click here.
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On Tuesday, June 3 the World Trade Center, the Honorary Consulate
of Austria, and other organizations are sponsoring a luncheon program in
the Plimsoll Club on "Austria Within an Enlarged European Union:
Implications for U.S. Business" featuring Gudrun Hager, Austrian
Trade Commissioner in Chicago. To register for the luncheon, call the WTC
at (504) 529-1601, ext. 222 or click here.
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The World Trade Center and other organizations are sponsoring a
luncheon program in the Plimsoll Club on Wednesday, June 18 on "The
Outlook on International Trade and Trade Finance" featuring Michael
Spivey, Director of Business Development with the U.S. Export-Import Bank.
Mr. Spivey directs the marketing, product development, customer
service efforts, and the general business development strategies for the
Ex-Im Bank. Before heading the Business Development Division, he served as
the Assistant General Counsel for Ex-Im Bank’s New & Small Business
Group and managed a broad portfolio of structured transactions in Latin
America, the NIS and Eastern Europe.
The Export-Import Bank of the United States is the official
export credit agency of the U.S. Its mission is to finance creditworthy
exports that the private sector is unwilling or unable to finance. Ex-Im
Bank’s financing support helps create and sustain U.S. jobs. The Bank
supports approximately $12 billion in exports annually. The website is www.exim.gov.
To register for the luncheon, call the WTC at 529-1601, ext. 222
or click here.
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MetroVision and the World Trade Center, in conjunction with
Louisiana Economic Development, the Louisiana Office of Tourism, and Taca
Airlines, are organizing a major statewide Louisiana Trade Mission to San
Jose, Costa Rica from July 1 to July 5. The purpose of the mission is to
promote Louisiana’s trade, transportation, tourism, cultural and other
reciprocal interests with Costa Rica. Costa Rica has a strong economy and
offers marvelous opportunities for Louisiana business and tourism.
Another potential benefit to doing business in Costa Rica is the
current round of negotiations for a U.S.-Central American Free Trade
Agreement (also see CAFTA article on page 4).
The highlight event of the mission (as was the case last year in
Honduras and the year before in Nicaragua) is U.S. Ambassador John
Danilovich’s Fourth of July reception at his residence for 300 top Costa
Rican officials and many of the country’s business, professional,
cultural, and other leaders. The members of the Louisiana mission will be
special featured guests at Ambassador Danilovich’s reception and the
cuisine will include many Louisiana specialties, once again prepared by
Chef Roy Lyons of the Frog City Cafe in Rayne.
In addition, a series of meetings, site visits, and other events
in San Jose will be held with Costa Rican counterparts to discuss a wide
range of business, economic development, and other opportunities. The
principal thrust of the mission is in four areas: (1) Trade and
Transportation; (2) Sports Management; (3) Tourism; and (4) Health Care.
For details on the mission, please contact Susannah Coolidge at the World
Trade Center at (504) 529-1601, ext. 222, or click here.
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Several representatives of the Louisiana international business
community were recently appointed to the Louisiana District Export
Council. The District Export Council (DEC) is a non-profit organization
created in 1961 by the U.S. Secretary of Commerce to promote U.S. trade
with the world. The Secretary approves the membership for limited terms,
on behalf of the President of the United States. Membership renewals are
at the Secretary’s discretion.
Chosen for their personal knowledge and experience in exporting,
DEC members are many of the country’s successful business leaders in
global trading. Major exporting firms are represented, as well as freight
forwarders, international consultants, city, state and federal government
agencies, and other groups directly engaged in the day-to-day business of
international trade.
The Louisiana DEC works closely with the U.S. Department of
Commerce and statewide international trade groups to improve conditions
for foreign commerce and thereby foster economic growth. The DEC sponsors
export seminars, workshops and conferences to educate exporters, and
sponsors trade missions, trade fairs, and other events to bring buyers and
sellers together. Though not an "advisory body" in the legal
sense of the term, the LADEC provides valuable information and advice to
Federal agencies, State legislators, and trade policymakers at the local
and national levels.
New appointments and renewed memberships include:
James L. Ake - Southern United States Trade Association, New
Orleans (new)
Guy S. Barone, Jr. - Xenetech, Inc., Baton Rouge (new)
Geralyn C. Contini - Schaffer & Associates International,
Baton Rouge
James R. Dartez : Royce Technologies, New Orleans (LADEC
Chairman)
Edward K. Dwyer - Certified Public Accountant, Metairie
Philippe Gustin - Le Centre International de Lafayette (new)
Edwin G. Jewett, Jr. : CMI Consultants, Baton Rouge
Rehan Kamal - Computrols, Inc., New Orleans (new)
Rochelle S. Mefferd - Geo Basics, Inc., Lake Charles (new)
Roger P. Richard - Port of Greater Baton Rouge, (new)
Roder J. Russo - Stabil Drill Specialties, Lafayette (new)
Jan W. Tanner - Hibernia National Bank, New Orleans (new)
Paul F. Wegener - M. G. Maher & Company, New Orleans
Barrett J. Wilson, Jr. - Whitney National Bank, N.O. (new)
The above join the following current LADEC members:
Sidney D. Alexander - Tempico Medical Processing, Hammond
Lawrence C. Collins—Louisiana Economic Development, Baton Rouge
William Coyle - Bilco Tools, Houma
William C. Cummins - Bank One, N. O. (LADEC Treasurer)
Marysol C. Lombana - Interep Company, Kenner
Lisa M. Ponce de Leon - Louisiana Tax Free Shopping, N.O.
Allison B. Randolph III - U.S. Small Business Administration, New
Orleans
Eugene J. Schreiber - World Trade Center of New Orleans
Corinne M. Titus - Baker, Lyman & Co., Metairie
Donald C. van de Werken - U.S. Export Assistance Center, New
Orleans (Executive Secretary)
Louisiana has two District Export Councils. The Louisiana DEC
represents the area south of Alexandria; the North Louisiana DEC covers
the territory north of and including Alexandria. For information on the
DEC, go online at: www.ita.doc.gov/fcs/usfcs/usf/dec/dec. html, or www.ldec.org, or call the
U.S. Export Assistance Center in New Orleans at (504) 589-6546, or in
Shreveport at (318) 676-3064.
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The World Trade Center will offer its summer session of foreign
language classes starting the week of June 2 at the WTC Building in New
Orleans. The classes are conducted by the faculty of Alpha Tech
Communications. The emphasis is on business usage and conversation. Small
classes led by experienced teachers ensure good individual attention. The
session will last 6 weeks: classes will meet once a week for two hours.
The following languages will be offered: French, Spanish, German, Italian,
Japanese, Chinese, Russian, Arabic, and English as a Second Language.
Tuition is $95 for WTC members and their spouses and $190 for non-members.
(Registration and materials cost $45.) Free parking is available in the
WTC Garage. Call Alpha Tech at 454-6554.
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In an effort to better communicate U.S. visa procedures, the U.S.
State Department recently launched an initiative called "Secure
Borders. Open Doors." The new website at www.UnitedStatesVisas.gov
is the official source of information on U.S. visa policy and procedures.
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U.S. companies interested in Afghanistan must be prepared to
think long-term in pursuing commercial opportunities. Challenges include
the lack of a banking system, proper telecommunications, and a functioning
legal system. The Afghan government, working with the international
community, has made progress in addressing these issues. In September
2002, an investment law was passed, and more than 2,000 businesses have
registered with the Afghan High Commission on Investment. In January of
this year, the Afghan government successfully completed the introduction
of a new currency. The U.S. government is creating provincial
reconstruction teams (consisting of U.S. Army Civil Affairs units and
representatives from the U.S. State Department and U.S. Agency for
International Development) to assist with reconstruction activities while
enhancing security throughout Afghanistan.
U.S. companies interested in information about reconstruction
activities in Afghanistan and major project tenders can sign up to receive
alerts by sending an e-mail to afghaninfo@ita.doc.gov.
For business counseling on opportunities, call the task force at (202)
482-1812, or visit www.export.gov/afghanistan.
According to the U.S. Embassy in Kabul, best prospects for U.S.
companies include:
- Architectural, construction, and engineering services;
- Building materials for residential and commercial properties;
- Heavy equipment, including trucks, trailers, buses, motor
graders, concrete mixers, dumpers, paving finishers, and bulldozers;
- Irrigation planning and technologies;
- Road upgrades, lighting, and signage;
- Civil aviation sector and airport construction.
Short-term opportunities in Afghanistan are related to
reconstruction projects led by U.S. agencies and international donors.
Such projects and sources of financing are available through the World
Bank, Asian Development Bank, U.S. Agency for International Development,
U.S. Trade and Development Agency, and the Overseas Private Investment
Corporation. Information about these sources and how to pursue the
opportunities is available on the Afghanistan Reconstruction Task Force
Web site.
U.S. companies interested in serving as a subcontractor or
supplier should visit the Louis Berger site (www.bergerafghanistan.com).
The Afghanistan Reconstruction Task Force can also counsel interested U.S.
companies; log on to www.export.gov/afghanistan for details. For in-depth
information about the construction sector in Afghanistan, read "The
Afghan Construction Sector: Opportunities and Obstacles", on the
Internet at www.export.gov/afghanistan.
(Note: The above information is from a four-page "Export
America" article by Jana Nelhybel with the U.S. Commerce Afghanistan
Reconstruction Task Force/Office of Trade Development. Go online at www.trade.gov/exportamerica
to read the entire article, or call the New Orleans USEAC at (504)
589-6546 to request a copy.)
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The World Trade Center, in conjunction with 14 other
international trade and transportation organizations in the New Orleans
area, will host an "International Mixer" on Wednesday, June 11
from 5:30 p.m. - 7:30 p.m. at the Plimsoll Club. This event is being held
to celebrate World Trade Centers Association Day and reaffirm the
commitment of more than 300 WTCs in 91 countries to promoting world peace
and stability through trade and to highlight WTC New Orleans’ role as
the first World Trade Center in the world.
The Consular Corps of New Orleans will be special guests of honor
at the Mixer. The event sponsor is UPS.
Enjoy complimentary hors d’oeuvres, a cash bar, free parking,
door prizes and great networking with local chapters of the following
organizations:
- Council for International Visitors
- French-American Chamber of Commerce/La Chapter
- Hispanic Chamber of Commerce of Louisiana
- International Committee of the Young Leadership Council
- Intl. Freight Forwarders & Customs Brokers Assn.
- Mississippi Valley Trade and Transport Council
- New Orleans Air Cargo Association
- New Orleans Board of Trade
- Norwegian-American Chamber of Commerce
- Propeller Club of the U. S., Port of New Orleans
- Steamship Association of Louisiana
- Traffic & Transportation Club of Greater New Orleans
- World Affairs Council of New Orleans
- World Trade Club of Greater New Orleans
- World Trade Center of New Orleans
Please RSVP by calling (504) 529-1601 ext. 220 or click here. Guests and
prospective members are welcome, but must be registered prior to the
event. The registration deadline is June 10.
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The French-American Chamber of Commerce, Louisiana Chapter will
host the fifth annual Muscadet Wine Festival on Friday June 27, from 7:00
to 9:00 p.m. at the Grand Ballroom of the Royal Sonesta Hotel in New
Orleans.
Partnered with the Nantes Wine Council, the French-American
Chamber will pair several crisp white Muscadet wines with the cuisine of
the chefs of leading New Orleans area restaurants. Live music and
impressionistic decor will transport guests to the lively turn of the
century era when Parisians gathered in open-air cafes to enjoy music,
meals, and light wines. All ticketed guests will be eligible for a drawing
of two Air France tickets to Paris. A special drawing will reward the
chefs for their participation in the event: a trip for two to Nantes,
France.
For further information, call the FACC/LA office at (504)
561-0070; fax: (504) 592-9999; e-mail: info@faccla.com.
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Mayor C. Ray Nagin has announced that the U.S. Trade
Representative has chosen the City of New Orleans to host the 5th round of
the Central American Free Trade Agreement negotiations from July 28 to
August 1.
"New Orleans has a long history of economic ties with
Central America," Mayor Nagin said. "These trade negotiations
mark a new day of cooperation in our hemisphere. As our countries build
new relationships, it is only appropriate that New Orleans is on the front
lines and that we take advantage of new business opportunities that will
arise."
The Central American Free Trade Agreement (CAFTA) is part of a
larger movement to form a Free Trade Area of the Americas. "CAFTA
will give Americans better access to affordable goods and promote U.S.
exports and jobs, even as it advances Central America’s prospects for
development," said Robert B. Zoellick, U.S. Trade Representative.
"This free trade agreement will reinforce free-market reforms in the
region."
Nine rounds of negotiations for the trade agreement will take
place before the agreement can be considered in Congress. The first round
was held January 8 in San Jose, Costa Rica, and the final round will take
place in Washington D.C. at the end of the year.
CAFTA would lift tariffs between the United States and five
countries in Central America: Honduras, Guatemala, Nicaragua, Costa Rica
and El Salvador. The deal will complement the North American Free Trade
Agreement, which has eliminated tariffs between the U.S, Canada and
Mexico. The CAFTA partner countries have combined economies of $57 billion
and approximately $20 billion in imports and exports with the United
States.
The trade negotiations will attract more than 50 high-ranking
government officials, such as ministers of trade, finance and agriculture.
In addition, hundreds of executives who want to use the trade agreement to
grow their businesses are expected.
"We intend to use this meeting to highlight New Orleans’
strong international trade roots and to promote its bright future as an
international business center," said Beth James, the Mayor’s
Executive Assistant for Economic Development.
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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.
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