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Business opportunities in Korea available for Oklahoma businesses

There is an excellent opportunity for Oklahoma businesses to send a delegate to the 10th Global Project Plaza in Seoul, South Korea on May 24-26, which includes a free round trip flight and three night stay at the InterContinental Seoul COEX.

Global Project Plaza is the principal global platform for industry/resource cooperation. Held every year since 2008, the event is designed to develop a more concrete business relationship and explore potential contract opportunities between guests from overseas and Korean contractors. GPP is designed to nurture stronger relations with reputable Korean companies in the construction, energy, plant, engineering (EPC) and finance industries.

The deadline to apply closes Friday, April 15, so don’t hesitate to throw your hat in the ring for this exciting opportunity shared with us from the Oklahoma Department of Commerce.

For more information or if interested in attending, please contact Benjamin Brand from the KOTRA North America HQ office in New York City at 212-826-0900 ext. 225 or by email benbrand.kotra@gmail.com. Deadline for applicants is April 15th.

Download the brochure at http://tinyurl.com/jzvmvoc.

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Register Now for Discover Global Markets: The Americas on June 15-16 in Florida

Looking for overseas investment and trade opportunities? Why cross the ocean when you can head south to huge potential markets in the Americans?

Registration is now open for the U.S. Commercial Service and the South Florida District Export Council’s international business conference that will show U.S. businesses how to take advantage of established and emerging export opportunities in the Americas.

This event will provide participants up-to-date market intelligence and help develop practical strategies for exporting your goods and services into new markets.

Discover Global Markets: The Americas will feature high‐ranking U.S. government officials, visiting U.S. commercial diplomats and specialists posted at U.S. embassies abroad and international business leaders.

Discover Global Markets: The Americas also will provide opportunities to network with U.S. trade officials and diplomats, industry experts and other U.S. exporters.

Register by April 15 to qualify for a reduced “Early Bird” rate of $349. Registrations received after April 15 are $395 per person.

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Upcoming events for exporters from U.S. Commercial Service Northern N.J.

Shared via our resident New Jersey connection, OKGIT member George Lee of Red Devil Inc., these trade events and opportunities will be  hosted via our partners at the U.S. Commercial Service’s Northern New Jersey office in the coming month. Many of these are webinars, so no need to fly out to the Garden State!

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Asia-Pacific Business Outlook Conference early bird special ends March 18

If you’re an Oklahoma business looking to expand your contacts with the fastest growing region in the world, now is the time to register for the 2016 Asia-Pacific Business Outlook Conference taking place in Los Angeles from April 18-19.

The early bird registration deadline is March 18!

The conference provides an opportunity for you, the business owner, to meet one-on-one with a U.S. senior commercial officer in consultations on your firm’s areas of interests. You will also be able to discuss:

  • Strategies to hone in on best market opportunities.
  • Sales potential and challenges in each of their markets.
  • Benefiting from Free Trade Agreements.
  • How the U.S. Commercial Service can identify new business
    partners and increase your sales.

For further information on the one-on-one consultations, email U.S. Commercial Service’s Jason Sproule or Erica Ramirez.

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Asia Pacific Business Outlook Conference set for April 18-19 in L.A.

From our friends over at the U.S. Commercial Service, signups are now ongoing for the 2016 Asia Pacific Business Outlook Conference taking place on April 18-19 in Los Angeles. Its the

Learn more about 18 Asia-Pacific economies key for U.S. exporters.

Learn more about 18 Asia-Pacific economies key for U.S. exporters.

conference’s twenty ninth anniversary where trade and business executives from across the world meet to explore the commercial environment in the world’s fastest growing region.

The conference also provides an opportunity for attendees to meet in person with the senior commercial officers from American embassies and consulates in 18 economies. Part of these consultations will be market assessment reports specific to your company in each of the international markets of interest, though an early sign up is encouraged so that experts have time to asses just what each firm needs.

To learn more about the conference or for more information, email U.S. Commercial Service Representative Daniel Lew or register here. For questions regarding one-on-one meetings with commercial officers, contact U.S. Commercial Service Representative Jason Sproule.

 

 

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2016 is year to do business with South Korea

Shared from our friends over at GlobalTrade.net, Oklahoma businesses have a ready and willing partner in commerce with the U.S.’ sixth largest trading partner, the Republic of South Korea.

Operating under a free trade agreement since 2012, the U.S.-South Korea relationship looks to grow as 95 percent of tariffs on American imports are expected to be eliminated by March 2017.

According to the latest GlobalTrade report, opportunities to contribute to the $114 billion in U.S.-South Korean trade relationship for American firms can be found int he agricultural product, general machinery and energy production sectors.

To read the full report from GlobalTrade.net, please click here.

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Export USA up and online for the New Year

The premier magazine promoting American exporters abroad has released its January 2016 edition.

Heads up this issue as it contains two vital pieces of information that every American manufacturer needs to know.

Digital marketing: From digital video and mobile apps to infographics and graphic design, ThinkGlobal can help you develop professional content for your website, mobile devices, and print marketing. Learn more on our company home page. Ready to get to work on new content? Call us at 1-800-413-586-8588 or email us at info (at) thinkglobal.net

Export USA App: ThinkGlobal has released the Export Resources  App for both the Apple iOS and Android platforms. The app provides access to Trade Leads, Trade Events, Market Research and Trade News gleaned from U.S. government trade specialists and other reliable sources worldwide.

The full magazine can be downloaded here http://exusa.think.global/

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Oklahoma exporters to benefit from Port of Catoosa boon in latest omnibus funding agreement

Manufacturers and exporters in the Sooner State are set to benefit from the recent passage of the $1.1 trillion omnibus budget agreement passed on Dec. 18, 2015. As noted in an editorial in the Tulsa World, the U.S. Army Corps of Engineers will receive a $1.2 billion budget increase, some of which may be used to upgrade the McClellan-Kerr Arkansas River Navigation System, of which the Port of Catoosa is the terminal. Port of Catoosa

As the piece notes, “Over the years, a $150 million public investment at the port has been leveraged to attract more than $1 billion in private investment. Along the waterway, in Oklahoma alone, more than $5 billion in private money has been invested. Employment tops 8,000.”

To read the full editorial, please visit the Tulsa World.

 

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FITA Trade Opportunities Country Profile: Brazil

A featured profile of one the U.S.’ largest trading partners in Brazil, who despite going through a recession, has continued its strong bilateral trade with the United States.

From the Federation of International Trade Associations

Brazil is the largest economy of Latin America and the ninth-largest trading partner with the U.S. Brazil has experienced high growth rates between 2000 and 2012. Brazil is currently experiencing a recession and with a pessimistic economic outlook. However, bilateral trade with the United States seems to have suffered little from this decline of overall economic activity. In addition, the signing of the Trans-Pacific Partnership (TPP) may give a new impulse of life into the Brazilian economy.

According to U.S Census data, trade in goods between the United States and Brazil totaled 73 billion USD in 2014. The United States exported a total value of 42.4 billion USD and imported 30.5 billion worth of goods. Data for January to August 2015 indicates a slight decrease in the trade of goods.

The United States exports mainly petroleum products, machinery, aircraft and electronics.
Imports from Brazil include crude oil, vehicles, electronics and machinery.

Opportunities in Brazil can be found in the following sectors : e-commerce, information and communication technologies and infrastructure.

View FITA’s complete Brazil country profile here.

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Tulsa Port of Catoosa’s Robert Portiss receives White House Transportation Champions of Change award

Port of CatoosaRobert Portiss, director of the City of Tulsa-Rogers County Port Authority, was recently named a White House Transportation Champion of Change at a ceremony in Washington D.C. for his work in forging a partnership between the U.S. Army Corps of Engineers and the Arkansas-Oklahoma Port Operators Association.

An editorial in the Oct. 13 Tulsa World described Portiss’ work on Oklahoma’s largest seaport, saying “Portiss has been the driving force and head cheerleader for the Port of Catoosa almost since it opened.”

Located just outside Catoosa, Oklahoma, the Port of Catoosa is the head of navigation of the McClellan-Kerr Arkansas River Navigation System. The port itself is home to Foreign Trade Zone 53, where foreign goods and domestic products are considered outside of the U.S. Customs official territory, making goods inside the FTZ international commerce.

The Tulsa Port of Catoosa has an economic impact of $300 million on Oklahoma, with nearly 5.7 million tons of freight traveling the Oklahoma portions of the waterway in 2012 alone. Customers send and receive more than 2.2 million tons of cargo each year by barge, rail and truck. With more than 60 companies employing more than 4,000 Oklahomans, the Tulsa Port of Catoosa is one of the premier economic engines of Oklahoma. Costing $1.3 billion to complete in 1971, it was the most expensive civil works project ever undertaken by the U.S. Army Corps of Eningeers. To date, more than $1.5 billion has been invested at the port by private industry, supporting jobs across the northeast parts of Oklahoma.

Top photo: “Aerial photo of the Tulsa Port of Catoosa taken May 5, 2008” by Bsbanks – Aerial photograph with the assistance of John Shoemaker.

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