The MNDEC is a private, nonprofit organization of experienced
international business people providing export
expertise to expand U.S. exporting. |
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DEC Networking Cocktail with Executive Director for Export Policy, Promotion and Strategy |
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The MN District Export Council is pleased to have Mr. Michael Masserman from Washington DC as the guest speaker for this quarter's networking cocktail. Michael Masserman was recently appointed Executive Director for Export Pollicy, Promotion and Strategy at the U.S. Department of Commerce, which puts him in charge of operationalizing President Obama's National Export Initiative. With the recently announced MSP Metro Export Initiative that focuses on doubling MN exports by 2017, integrating efforts with local, state and federal resources is a vital component to achieve this ambition goal.
The International Trade Networking Cocktail on May 15th at 5:30PM will be a great opportunity to interact with Michael and other key officials and executives dedicated to increasing the global presence of Minnesota's companies. Click here to learn more and register! |
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Governor Dayton To Lead Trade Mission to China |
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The Minnesota Trade Office (MTO) is now accepting applications for Governor Dayton's Minnesota Trade Mission to China which will occur June 8-17, 2012. Delegates will travel with the Governor to Shanghai, Beijing and Xian and will meet with high-ranking business leaders and government officials, attend networking events, and explore trade and investment opportunities. The application deadline is March 15.
The cost of the China trade mission is estimated at $7,500 to $8,000 per person, including round-trip airfare, ground transportation, hotel accommodations, mission events and in-country assistance from the Minnesota Trade Office (MTO). Qualified small businesses accepted to participate in the mission will be eligible for reduced mission fees through the STEP Assistance for Small Business program, funded in part by the U.S. Small Business Administration and administered by MTO.
Click Here to Acccess Application Materials and Further Information |
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EXIM Bank to Establish Full-Time Presence in Minneapolis and Other Locations |
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Detroit, Mich. – Today at the Detroit Economic Club, Fred P. Hochberg, the chairman and president of the Export-Import Bank of the United States (Ex-Im Bank), announced that Ex-Im Bank will establish a new full-time presence in four U.S. cities by this summer. Bank staff, which are currently being recruited for the new positions, will be based in Atlanta, Detroit, Minneapolis, and Seattle. This will provide local small business exporters with enhanced access to Ex-Im Bank products and services.
"Ex-Im Bank wants to provide small businesses access to export financing for their export sales," said Chairman Hochberg. "Exports are a true bright spot in our economic recovery, and having additional field staff in four cities will help ensure that more U.S. businesses are reaching international markets."
"More Michigan exports mean more Michigan jobs," said U.S. Senator Debbie Stabenow, a member of the President's Export Council under both Presidents Bush and Obama. "Helping Michigan small businesses reach new markets is absolutely one of the best ways to strengthen our economy. There is still a lot of work to be done, but with our auto industry coming back, Detroit welcoming the country's first-ever satellite patent office and now this new export center, good news is happening in Michigan."
"Last month, I joined President Obama during his visit to the region when he highlighted the importance of the Export-Import Bank," said Seattle Mayor Mike McGinn. "We welcome their new office in our city, the opening of which is evidence of Seattle's resilient economic force in our region. With more than 95 percent of the world's consumers living outside the United States, it is vital that Washington businesses - both large and small - explore international markets." |
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Addititional Import Restrictions in Effect in Argentina |
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All exporters to Argentina need to be aware that beginning on February 1, 2012, all individuals or companies who plan to import merchandise into Argentina must fill out a Sworn Affidavit of Intention to Import (DJAI) with the Argentine Revenue and Customs Authority (AFIP) prior to completing a purchase order for the goods to be imported. Most companies and individuals who import goods utilize the services of an Argentine Customs Broker and should have their customs broker make file the DJAI through the online Custom's system known as MARIA. In the case of importers who do not utilize a Customs Broker, they already access to the MARIA system and will file their own DJAIs. Click here to read more information from this report from the U.S. Commercial Service in Argentina. |
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