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Global Opportunities and New Markets


  • Submitted on 24 June 2016

    Created on June 24, 2016
     

    Zaheer FaruqiFounded more than 15 years ago, a fast-growing supply company seated in the suburbs of Atlanta, Ga., started selling aircraft parts to commercial airlines and military air forces. The small company of only 35 is now considered one of the best spare parts providers in the world.

    Aventure Aviation, nicknamed the ‘AutoZone for airplane supplies’ by its founder and president Zaheer Faruqi, found its humble beginnings in the basement of Zaheer’s home in Peachtree City, Atlanta.

    The concept of providing a "customer driven first rate" aviation parts supplier service was the goal for this business venture. The idea originated from Zaheer’s previous work experience with a local part supplier company when he started noticing that similar companies lacked customer service and were solely profit oriented.

    Zaheer visualized something greater and wanted to provide a service tailored to its individual customers overseas.

  • Submitted on 15 June 2016

    Created on June 15, 2016
     

    Register NowIt's important to form relationships on the ground in order to succeed. The Trade Winds--Latin America trade mission can connect you to key leaders, potential partners, and promising opportunities in seven growing markets.

    Trade Winds will feature a Latin America business forum in Chile, along with trade mission stops in six promising Latin American markets. Join us in September to connect your business with the opportunities in this region!

  • Submitted on 10 June 2016

    Created on June 10, 2016
     

    MBDA Associate Director for Business Development Takes Part in Follow-On Trade Mission to China

    Follow-On to “China Clean Technology – Business Development Mission” from April 2015 As he embarks on a trade mission to China, Efrain Gonzalez of the Minority Business Development Agency  (MBDA) looks forward to laying the groundwork for growing numbers of American companies to participate in one of the fastest-growing markets in the world.

    “It’s exciting to be a part of the effort to explore potential collaboration and partnerships in support of our minority business global business development effort in China,” said Gonzalez, Associate Director for Business Development at MBDA at the U.S. Commerce Department.

    “Our goal is supporting the Department of Commerce’s efforts to create a strong foundation for global business development in China, particularly in green energy sectors,” Gonzalez said.  “For the thousands of minority-owned businesses that MBDA serves, China represents a crucial international marketplace.”

  • Submitted on 08 June 2016

    Created on June 8, 2016
     

    The 2016 A.T Kearney Foreign Direct Investment (FDI) Confidence Index surveyed global executives about their plans for foreign investment, and they ranked the United States at the top for the fourth year in a row. A.T. Kearney also asked executives to identify the two most important factors for deciding where to establish or expand their businesses. “Regulatory transparency and lack of corruption” tied for first place with the size of the domestic market and the cost of labor; each factor was chosen by 15 percent of respondents. The “efficiency of legal and regulatory processes” was just a few points behind at 13 percent.

  • Submitted on 08 June 2016

    Created on June 8, 2016
     

    USA CanadaThe United States and Canada share the world’s largest trading relationship.  The magnitude of the relationship is incredible, accounting for nearly $2 billion in cross border trade each day.  In fact, Canada is the top export market for 35 out of 50 states.  So whether your company is a first-time or seasoned exporter, Canada should be a key component of your overseas growth strategy.

    Such deep commercial ties make Canada an ideal “launch pad” for new exporters.  Why?  First, Canada is a highly receptive, open and transparent market for U.S. products and services, with Canadians spending more than 60 percent of their disposable income on U.S. goods and services.  Americans and Canadians “speak” the same language literally and figuratively.  In addition to French in some areas, English is almost universally spoken, making business communication a breeze.  We share a similar lifestyle, engendering a certain level of cultural familiarity.  Finally, close geographic proximity, and initiatives between our governments such as Beyond the Border, Regulatory Cooperation Council and Trusted Traveler make cross-border business increasingly seamless.

  • Submitted on 26 May 2016

    Created on May 26, 2016
     

    Felicia Pullam is the Director of Outreach for SelectUSA.

    The countdown to the 2016 SelectUSA Investment Summit begins today! In four weeks, June 19-21, President Barack Obama will welcome economic developers from across the country and companies from around the world to Washington, D.C. The SelectUSA Summit is the highest profile event to promote job-creating foreign direct investment (FDI) in the United States.

  • Submitted on 16 May 2016

    Created on May 16, 2016
     

    U.S. Export Growth to FTA Countries  versus Rest of World, 2009 - 2015 Free Trade Agreements (FTA) are an important tool to our nation’s economic growth and prosperity. As you know, an FTA is an agreement between two or more countries regarding certain obligations and protections in areas such as trade in goods and services, intellectual property, and investment. FTA objectives include the reduction of barriers to U.S. exports, protection of U.S. interests, and enhancement of the rule of law in partner countries. The reduction of trade barriers and the creation of a more stable and transparent trading and investment environment facilitate and reduce the costs of U.S. company exports to partner markets.

    The U.S. currently has FTAs in force with 20 markets worldwide. In 2015, U.S. merchandise exports to FTA partners totaled $711 billion. This comprised almost half (47%) of total U.S. goods exports in 2015.

  • Submitted on 10 May 2016

    Created on May 10, 2016
     

    Trans-Pacific Partnership logoU.S companies have a brand new resource available to them with the recently released Trans-Pacific Partnership Opportunities by Market report from the International Trade Administration (ITA). Educating U.S businesses and workers on the benefits of TPP is an important role for ITA. The ITA Trans-Pacific Partnership (TPP) series of factsheets highlight opportunities for businesses by state, sector and now for each of the TPP markets. With this added report businesses can reference each of the 11 TPP partner markets’ top export sectors, how TPP will make it easier to do business in each of the TPP partner markets, or explore how existing tariffs will be eliminated once TPP is enacted.

    TPP will offer a more balanced trade environment for U.S. businesses of all sizes. This agreement encompasses a diverse range of 11 countries, opening the door for new trade opportunities and improving on existing trade relationships. Goods exports to TPP countries supported 3.1 million U.S. jobs in 2014. In that same year the TPP countries for which the United States does not have an existing trade agreement (Brunei, Japan, Malaysia, New Zealand, Vietnam) collectively accounted for $726.5 billion in exports.

  • Submitted on 10 May 2016

    Created on May 10, 2016
     

    May 15 - 22, 2016: China Green Airport Construction RTM

    Locations: Chicago, IL; Los Angeles, CA; Seattle, WA

    USTDA will host a China Green Airport Construction RTM to connect U.S. industry with development opportunities overseas. The delegation is interested in procuring cutting-edge green construction equipment and waste recycling technologies from the U.S. for airport construction projects in China. 

    June 6 - 10, 2016: Energy Technologies for Central America and Caribbean Water Utilities RTM

    Locations: Washington, D.C.; Columbus, OH; Atlanta, GA

  • Submitted on 04 May 2016

    Created on May 4, 2016
     

    To cap off National Small Business Week, President Obama and senior Administration officials will join Business Forward’s nationwide network of business leaders to discuss the role of small business in growing the American economy. The discussion will focus on key economic initiatives, including the Trans-Pacific Partnership.

    In addition to hearing from the President, business leaders from across the country will have the opportunity to ask questions of Administration officials about how various economic policies affect their companies, employees, and local economies.

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