USTR.gov August 19th, 2011

Ambassador Kirk Highlights the Importance of Increasing Agricultural Exports in Sacramento

August 19, 2011

After visiting Los Angeles and San Francisco as part of a three-day jobs tour, Ambassador Kirk traveled to Sacramento, California on Thursday to host an agriculture roundtable discussion with Secretary of the California Department of Food and Agriculture Karen Ross. The roundtable focused around how the pending trade agreements with South Korea, Panama, and Colombia will benefit California’s workers, businesses and farms.

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Ambassador Kirk Highlights the Importance of Exports at the 8th Annual Border Security Conference

August 15, 2011

Ambassador Kirk traveled to El Paso, Texas today to give a keynote address at the 8th Annual Border Security Conference entitled ‘Fostering a New Era of U.S.-Mexico Collaboration to Meet 21st Century Challenges. The Office of Congressman Silvestre Reyes, the U.S. Representative for Texas’s 16th congressional district, in conjunction with the University of Texas at El Paso (UTEP) hosted the event.Read more

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United States and Liberia Review Progress in Deepening, Expanding Trade and Investment Relationship

August 19, 2011

WASHINGTON, D.C. – U.S. and Liberian officials met this week in Washington to review progress in deepening their partnership on trade and investment under the United States-Liberia Trade and Investment Framework Agreement (TIFA).  This was the third meeting of the United States-Liberia TIFA Council, which provides a high-level forum for advancing cooperation on bilateral trade and investment issues.

Deputy U.S. Trade Representative Demetrios Marantis and Liberian Minister of Commerce & Industry, Miata Beysolow, co-chaired the day-long meeting on Wednesday, August 17, which examined the two governments’ work together on a number of trade-related issues, including:  implementation of the African Growth and Opportunity Act (AGOA),  trade capacity building, export diversification, trade and investment promotion,  infrastructure issues, and Liberia’s accession into the World Trade Organization (WTO).  Minister Beysolow was accompanied by a high level delegation of Liberian Government officials, including Minister of Agriculture, Florence Chenoweth; Minister of Post and Telecommunications, Frederick Norkeh; Minister of Transport, Willard Russell; Chairman of the National Investment Commission, Natty B. Davis; Deputy Minister of Finance for Revenue, Elfrieda Tamba; Deputy Minister for Economic Affairs and Policy, Sebastian Muah; and Assistant Minister of Commerce and Industry, Aletha Brown.

“Since the TIFA was signed in 2007, the United States and Liberia have made huge strides in strengthening our engagement on bilateral trade and investment,” said Ambassador Marantis, “and we have seen increased trade in both directions as a result.  Liberia offers enormous potential and opportunity for trade and investment.  We plan to use the U.S.-Liberia TIFA Council to develop specific initiatives to expand economic opportunities for workers, farmers, businesses, and consumers in both countries.”

Following government-to-government consultations under the TIFA, meetings were held with the U.S. business community at the U.S. Chamber of Commerce and the Corporate Council on Africa.  During these meetings Liberian officials outlined the many policy, legal, and regulatory steps that have been taken to encourage investment in Liberia and U.S. businesses had the opportunity to discuss their interests and questions about doing business in Liberia.

In 2010, the U.S. and Liberia’s total two-way goods trade was $370 million.  U.S. goods exports to Liberia totaled $190 million in 2010, up 102 percent from the previous year.  Top U.S. exports were medical instruments, vehicles, cereals, and iron and steel products.  U.S. goods imports from Liberia totaled $180 million in 2010, up 124 percent from the previous year.  Top imports from Liberia last year were rubber, oil, and precious stones (diamonds).

BACKGROUND

The U.S.-Liberia Trade and Investment Framework Agreement (TIFA), signed in February 2007, established a formal, high-level dialogue to address bilateral trade and investment issues and to enhance economic engagement between the United States and Liberia.  The previous TIFA Council meeting was held in Monrovia, Liberia in March 2009.

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USTR.gov HEADLINES

SR International Logistics: Connecting American Manufactures to Overseas Markets

August 17, 2011

A small company in Denver, Colorado, capable of transporting cargo shipments of oversized freight and heavy machinery, is a perfect example of how the pending free trade agreements with Colombia, South Korea and Panama will help American businesses grow and prosper, while supporting tens of thousands of jobs here at home. As part of the vast services sector that helps support U.S. manufacturing, SR International acts as a travel agent for bulldozers. Specifically, it specializes in exporting American-made bulldozers, combine harvesters, and mining equipment to anywhere in the world. Read more

Businesses in Missouri Find Export Opportunities in Chile

August 12, 2011

Last week, Deputy United States Trade Representative Miriam Sapiro led a delegation of U.S. officials to Santiago, Chile for the 7th meeting of the United States-Chile Free Trade Commission (FTC). While in Santiago, Deputy Assistant USTR for Small Business, Market Access and Industrial Competitiveness Christina Sevilla discussed small business issues with Brad Bodenhausen, Executive Vice President of the Springfield Missouri Chamber of Commerce. Through an American Business Fellow program in Chile, Bodenhausen has been conducting research to identify potential export opportunities to Chile for the 1700 mostly small- and medium-sized southwest Missouri businesses that the Springfield Chamber represents. Read more

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About Alexander Gordin
An international merchant banking professional with over twenty years of business operating and advisory experience in the areas of export finance, international project finance, risk mitigation and cross-border business development. Clients include foreign governments, municipalities and state enterprises as well as Fortune 500 and small/medium enterprises. Strong entrepreneurial instincts, combined with leadership and strategic skills. Transactional and negotiations experience in over thirty five countries. Author of the highly acclaimed "Fluent in Foreign Business" book and creator of the "Fluent in OPIC", "Fluent in EXIM","Fluent In Foreign Franchising", "Fluent in FCPA",and "Fluent in USTDA" seminar/webinar series. Currently developing "Fluent In ......" seminars and publications. Co-author of the Fi3 Country Business Appeal Indices. Extensive international business development and project finance transaction experience in healthcare, aerospace, ICT, conventional and alternative energy infrastructure, distribution and hospitality industries. Experience managing international public and private corporations. Co-Founded three companies abroad. Strong Emerging and Frontier Market expertise. Published and featured in numerous publications including: The Wall Street Journal, Knowledge@Wharton, NBC.com, The Chicago Tribune, Industry Week, Industry Today, Business Finance, Wharton Magazine Blog, NY Enterprise Report, Success magazine, Kyiv Post and on a number of radio and television programs including: Voice of America, CNBC, CNNfn, and Bloomberg. Frequent speaker on strategy, cross-border finance and international business development. Executive MBA from the Wharton School at the University of Pennsylvania. B.S. in Management of Information Systems from the Polytechnic Institute of NYU. Specialties Strategic Management Advisory, Export Finance, International Project Finance & Risk Management, Cross-border Negotiations, Structured Finance transactions, Senior Government and Corporate officials liason

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