USTR.gov November 4th, 2011

Announcements for the Week of Oct. 23-28, 2011

U.S. Trade Representative Ron Kirk and U.S. Commerce Secretary John Bryson to Convene 22nd Session of U.S.-China Joint Commission on Commerce and Trade in Chengdu, China November 4, 2011 – U.S. Trade Representative Ron Kirk and U.S. Secretary of Commerce John Bryson will co-chair the 22nd session of the U.S.-China Joint Commission on Commerce and Trade (JCCT) with Chinese Vice Premier Wang Qishan on November 20-21, in Chengdu, China. U.S. Secretary of Agriculture Tom Vilsack will also take part in the discussions to address key agricultural trade concerns.

“The JCCT is a key venue for ensuring that our bilateral trade relationship moves in a positive direction to provide maximum benefits for American workers and businesses,” Kirk said.“Through this year’s JCCT, we are pressing China for concrete and measurable results on a number of significant issues including China’s policies on intellectual property rights, investment and innovation, as well as a range of sector-specific industrial policies.”

“The JCCT is an important opportunity to address and resolve key trade concerns with China,” Bryson said. “Our goals are to help open markets to U.S. exports that will improve the lives of the Chinese people, and to work to level the playing field for American companies. Our year-long work on these and other issues on the JCCT agenda will help spur economic growth here at home by increasing exports to China, and help us meet our National Export Initiative goal of doubling U.S. exports by the end of 2014.”

“Thanks to the productivity of America’s farmers, ranchers and producers, our trading partners in China recognize the United States as a reliable supplier of the highest-quality food and agricultural products,” Vilsack said. “Partnerships with a growing market like China are integral to the strength of the U.S. economy in the decades ahead. Under the Obama Administration, USDA has continued to expand markets for American goods abroad, worked aggressively to break down barriers to trade, and assisted U.S. businesses with the resources needed to reach consumers around the world.”

Established in 1983, the JCCT is the main forum for addressing bilateral trade issues and promoting commercial opportunities between the United States and China. The JCCT holds plenary meetings on an annual basis, while a number of JCCT working groups meet throughout the year in areas such as intellectual property rights, agriculture, pharmaceuticals and medical devices, information technology, tourism, environment and statistics.

Please find the full release here.


United States and East African Community Launch Discussions on New Trade and Investment InitiativeNovember 4, 2011 – Today, the United States launched exploratory discussions during a meeting with the East African Community (EAC) in Arusha on a potential new trade and investment partnership. Ambassador Alfonso Lenhardt, the U.S. Ambassador to Tanzania who is also accredited as the U.S. Ambassador to the EAC, opened the meeting. Assistant United States Trade Representative for African Affairs, Florie Liser, led an interagency team of representatives from the Departments of State, Commerce, and Agriculture, as well as the United States Agency for International Development (USAID), in the day-long consultations.

“The possibility of a new trade and investment partnership between the East African Community and the United States has generated a high level of interest and excitement on both sides,”said Assistant U.S. Trade Representative Liser. “This excitement is largely due to the recognition that greater trade and investment between the United States and the East African Community has the potential to increase economic prosperity and create jobs in America as well as in the EAC member countries.”

The EAC Partner States include Burundi, Kenya, Rwanda, Tanzania, and Uganda. Total two-way goods trade between the United States and the EAC was $1.1 billion in 2010, with $632 million in U.S. exports and U.S. imports totaling $437 million. Kenya was by far the United States’ top trading partner within the EAC with two-way trade totaling $656 million, followed by Tanzania with $201 million, Uganda with $143 million, Rwanda with $51 million and Burundi with $17 million. Top U.S. exports to EAC countries were machinery, aircraft, and used clothing last year. Top imports included coffee, apparel, nuts, and semi-precious stones.

Please find the full release here.

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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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