Oklahoma firms have many opportunities in Germany

In another fantastic globaltrade.net round up, potential for partnerships with Germany and Oklahoma-based firms are great. According to a recent release from the Federation of International Trade Professionals, “The United States are the second biggest destination for German goods after the European Union and the United States are the fourth largest supplier of Germany. The U.S.-German Treaty of Friendship, Commerce and Navigation guarantees investors in Germany national treatment and allows…

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Oklahoma’s views on NAFTA needed by June 12

After more than two decades of existence, the leaders of the U.S., Canada and Mexico are open to updating the free-trade agreement to stay caught up with the digital age. President Donald Trump notified Congress on May 18 of its intent to renegotiate NAFTA, which triggered a 90-day period before negotiations with Canada and Mexico begin. In an effort to hear from Oklahoma businesses, farmers and manufacturers who will be…

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Trade opportunities between Oklahoma and Vietnam

The TPP may be dead as far as American involvement is concerned, but that doesn’t mean there aren’t numerous trade and commercial opportunities available for Oklahoma firms interested in doing business in Asia. The latest Federation of International Trade Associations report on Vietnam is out, and it has identified several sectors key to growth for Oklahoma companies. Opportunities for business can be found in information technologies, transportation infrastructures as well…

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Opportunities in the U.K. for Oklahoma companies

The much vaunted special relationship between the United Kingdom and United States is exemplified in many sectors, from security and defense to economic, cultural and linguistic ties. The U.K. is the U.S.’s fifth largest trading partner and remains the fifth largest global economy. As Brexit negotiations commence, there may be an opportunity for deeper Anglo-American ties in the economic and bi-lateral trade, where the latest census data shows that in…

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International Inter-tribal Trade and Investment Organization comes to Oklahoma June 4-6

Oklahoma’s 39 federally recognized Indian Nations provide the state with a unique cultural, economic and governmental service facets that only a few other American states posses. This summer, the state’s largest university will host an organization that seeks to capitalize on these tribes’ impact by connecting them with First Nations in Canada, when the International Inter-tribal Trade and Investment Organization hosts its three day trade mission and conference in Norman,…

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Grant funds for Paris Air Show attendees

Are you in the aerospace sector or involved in serving customers who work in it? The Oklahoma Department of Commerce has STEP Grant Funds available that may help offset costs of participation at the Paris Air Show on June 19-22, 2017. But you must apply ASAP. Here is the registration form for the STEP Grants. As noted on ODOC’s website, “The Oklahoma STEP Forward Enhancement Fund is part of the…

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Guide to exporting for Oklahoma-based companies

The Export-Import Bank of the United States and the U.S. & Foreign Commercial Service are out with their basic guide to exporting book, a fantastic tool for Oklahoma exporters or those businesses interested in developing international markets. Check it out here: https://tinyurl.com/GtExpt

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Tips to consider before Oklahoma firms expand internationally

Oklahoma firms, are you considering an expansion internationally? Velocity Global has a few tips on what you need to consider before you do. According to Velocity Global, if you’ve decided to pursue business opportunities abroad, “there are a few key pointers to remember when thinking about taking your business overseas. All of these tips will help you avoid wasted costs, achieve growth quickly and efficiently, and diminish risks.” Take your…

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How STEP Funding Services Help Local Companies Expand

The below interview originally ran in the January 2017 edition of The New Pioneer magazine. It is reproduced here with the express written permission of the Oklahoma Department of Commerce. Q&A with Charles D. Mills, President of Mills Machine Company, on his company’s use of the State Trade Expansion Grant Program offered through the Oklahoma Department of Commerce. What initially made you decided to apply for the STEP grant? “Since…

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Trade opportunities with Chile for Oklahoma businesses

Pulling from our friends at the Federation of International Trade Associations, there are opportunities for Oklahoma businesses to boost their bottom line by trading with partners in Chile. According to U.S. Census data, trade between the United States and Chile totaled $24.1 billion in 2015, with the U.S. exporting a total value of $15.4 billion and importing $8.7 billion worth of goods. The main goods exported by the United States…

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