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China-focused International Conference & Exhibition |
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U.S. China Business Connections (UCBC) (www.ucbcgroup.org) is currently in the planning process of producing a national level China-focused International conference and expo. This conference will take place during May of 2012 at the Minneapolis Convention Center and available globally online. The conference will feature representatives from China as well as the U.S. and will operate with the goal of informing and connecting the business community to current opportunities in China. As UCBC continues the planning process, they need feedback from the business community and stakeholders about what China-specific issues would be of most use for them during the upcoming conference. To provide feedback for this planning process, please click here. It takes about 5 minutes to complete. |
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Commerce Official Honors MN Company for Export Achievement |
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SAUK RAPIDS, MN – Assistant Secretary of Commerce for Trade Promotion and Director General of the U.S. & Foreign Commercial Service (U.S. Commercial Service) Suresh Kumar today presented the U.S. Department of Commerce’s Export Achievement Certificate to Schaefer Ventilation Equipment of Sauk Rapids, MN. The award recognizes businesses that have benefited from Commercial Service export assistance to make its first export sale or expand to new foreign markets.
“Schaefer Ventilation is a prime example of how innovative Minnesota businesses are tapping global markets to increase their sales which support jobs and economic growth here at home,” Kumar said. “Ninety-five percent of the world’s consumers are beyond U.S. borders, and we must continue to give small -and medium-sized U.S. businesses a competitive edge by making the necessary investments that will lead America into the future. I commend Schaefer Ventilation on its outstanding export accomplishments.”
The 60-year-old firm manufactures efficient and reliable thermal comfort products for agricultural, horticultural, industrial, commercial and rental applications. With assistance from the U.S. Commercial Service staff in Minneapolis and abroad, Schaefer Ventilation has made sales to Egypt, Pakistan and Saudi Arabia, enabling the firm to buffer the ups-and-downs of the global economy much better than if they had been selling only domestically.
“With the assistance and support of the U.S. Commercial Service, Schaefer is on a path to triple international sales over a two-year period,” Schaefer Ventilation President Neil Crocker said. “Schaefer has utilized the ExporTech development program, Gold Key Services, and ‘reverse trade missions’ through the USTDA to identify attractive markets, and find pre-screened local partners to represent our products.”
In January 2010, President Obama announced the National Export Initiative which aims to double U.S. exports by the end of 2014 while supporting millions of new jobs. Last year, overall U.S. exports grew by 17 percent. |
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EU Adopts RoHS Revision |
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On May 27, the European Union adopted a revised RoHS directive that tightens rules on hazardous substances in electrical and electronic equipment. The revision includes medical instruments, other instrumentation, and all electrical equipment not greater than 1000V AC/1500V DC not currently in RoHS. It is noteworthy that the revised directive is no longer limited to equipment whose primary function is electrical/electronic, but rather anything with an electrical function.
Click Here for the Press Release |
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Commerce Department Implements New Export Control Rule to Enhance National Security and Facilitate Trade |
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On June 16, U.S. Commerce Secretary Gary Locke announced the next step in President Obama’s export control reform (ECR) initiative aimed at strengthening U.S. national security and ensuring the competitiveness of American companies abroad. The Department will implement a new license exception, Strategic Trade Authorization (STA), which will facilitate exports between the United States and partner countries while enhancing the competitiveness of key industrial base sectors.
Items such as electronic components for use on the International Space Station, cameras for search and rescue efforts for fire departments, components for civil aviation navigation systems for commercial aircraft, airport scanners, and toxins for vaccine research will be eligible for the new license exception. At the same time, the license exception establishes new safeguards designed to ensure Department of Commerce approval is obtained before controlled items exported under the exception are re-exported outside of authorized destinations.
For more details on this development Click Here |
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International Dairy Cattle Show |
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The International Dairy Cattle Show gives agriculutural businesses in the dairy industry to expand their markets. This event also coincides with ITALPIG, an italian pig event, which increases attendance from both patrons and businesses. Every year, the International Dairy Cattle Show and ITALPIG reach new records. During the 2010 International Dairy Cattle Show there were 73,560 visitors (+7.6% vs 2009), 14% of whom were from abroad. No other exhibition of the sector can claim a number of foreign visitors that high. The number of foreign exhibitors has grown immensely as well, 852 firms from 14 countries.
This event is a great chance for various agricultural businesses to find partners abroad and establish global presence.
When: October 27-30, 2011
Where: Cremona, Italy
Click Here for More Information! |
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