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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!

An important notice from our partners at the U.S. Department of Commerce’s U.S. Commercial Service about an opportunity to meet with American commercial diplomats operating in more than a dozen overseas markets taking place in Dallas. Sign up today, as space is limited.

E-Commerce Strategies for Exporters

Dallas/Ft. Worth, TX
October 8-9, 2015

Explore the e-commerce and digital strategies most important to American product and service exporters. Pre-schedule one-on-one meetings with U.S. Commercial Diplomats from The Baltics, Brazil, Canada, China, Chile, Eastern Europe, European Union, France, Germany, Italy, Nigeria, The Nordics, Portugal, Singapore, South Africa, Spain, UAE, The United Kingdom.  For more information, visit http://export.gov/discoverglobalmarkets/ecommercestrategies/index.asp.

Oklahoma City- based Electro Enterprises Inc. was recently awarded the Export Achievement Certificate from the U.S. Commercial Service. We sat down with Electro Enterprises’ Mitch Enright to discuss the military and aerospace company’s work in Oklahoma and the challenges and benefits of exporting from the Sooner State.

What does Electro Enterprises Inc. do?

“Electro Enterprises is stocking distributor of interconnect, electro-mechanical, wire and cable, and wire harness management products for the military and aerospace industries. For more than 40 years, Electro Enterprises has been providing superior electronic components at competitive prices to various markets around the world.”

Electro Enterprises recent 36,000 square foot factory extension.

Electro Enterprises recent 36,000 square foot factory extension.

How many employees do you have in Oklahoma? How many more are outside the state? 

“In Oklahoma we have 140 employees, with an additional 43 located outside the state.”

Can you give me an idea of how much Electro Enterprises Inc. relies on exporting its products outside the U.S.?

“Exports make up roughly 15 percent of Electro’s total sales, which amounts to over $13 million in sales. Beyond this, exporting our products to companies around the world allows us to expand our customer base, reach new markets, and create relationships with manufacturers that we otherwise wouldn’t have the opportunity to work with.”

What are some of the challenges Electro Enterprises Inc. faces in exporting from Oklahoma? Are there some benefits from exporting from Oklahoma as well?

“It is extremely important for us to ensure that we are exporting all of our products within the rules and regulations set forth by the U.S. Department of Commerce as well as the U.S. Department of Defense. Being heavily entrenched in the military and aerospace industries, some of the items we sell are ITAR controlled and, as a result, we must make sure to apply for export licenses whenever applicable. Over the years, we have a created an internal export control system that allows us to successfully manage the export of products to our international customers.”

Looking back to when Electro Enterprises Inc. first began producing items for export, is there any advice that the company would provide to fellow firms in Oklahoma who are considering forging international ties and exporting?

“It is imperative for companies new to exporting to reach out to your local Department of Commerce office and sign up for export training. There are numerous export seminars that companies and attend at minimal cost. These seminars will provide the basic information that all companies need to know in order to export within all of the rules and regulations set forth by the Government of United States.

“While Electro Enterprises has been exporting for many years, we still make it a point to attend these seminars yearly.”

 

Re-sharing a great opportunity to enhance experience in the Asia and Pacific region in the coming weeks from our partners at the U.S. Department of Commerce’s Commercial Service. Just a few days left to register for this year’s 2015 Asia/Pacific Business Outlook Conference in Los Angeles on April 13-14.

Click here to learn more about the conference’s schedule or to register.

Asia/Pacific Business Outlook is the premier networking and learning experience designed to provide you with the contacts and knowledge to succeed in Asia/Pacific markets. Access up to 18 dynamic markets in two days.

New Sessions in 2015:

  • Don St. Pierre Jr., founder of ASC Fine Wines, the premier importer of wine in China
  • Brian Ward, President of Capital Markets, Americas for Colliers International
  • Global Supply Chain Strategies and Trends
  • One-on-One Meetings with the Senior Commercial Officer from U.S. Embassy in Pakistan
  • Southeast Asia frontier markets: Cambodia, Lao, and Myanmar

APBO’s timeless features since 1988:

  • 60 sessions, 18 Asia/Pacific markets in 2 days
  • Customized trade counseling via One-on-One meetings with Senior Commercial Officers
  • Understanding current economic trends and social issues of major Asia/Pacific markets
  • Market entry strategy and competition
  • Global supply chain and logistics
  • Partnerships and negotiation best practices
  • E-Commerce and Asian middle class consumerism

 

The U.S. Commercial Service is the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration. U.S. Commercial Service trade professionals in over 100 U.S. cities and in more than 75 countries help U.S. companies get started in exporting or increase sales to new global markets.

The Commercial Service, along with other U.S. Government agencies, organize and support a broad range of events for U.S. businesses interested in selling their products and services overseas. These events include webinars and seminars on the fundamentals of exporting; counseling and other support at U.S. and international trade shows, recruitment of foreign buyer delegations to U.S. trade shows, and trade missions of U.S. delegates to foreign markets for one-on-one meetings with potential customers and partners. Click here for a Searchable List of Commercial Service supported Trade Events.

Event: 101 of Exporting
Venue: Fairleigh Dickinson University, Teaneck, NJ Campus
Date: Tuesday, April 14, 2015, 8:30am – 4:00pm
Cost: $40
Info: http://export.gov/newjersey/tradeevents/localevents/index.asp or email Ryan.Hollowell@trade.gov
Register Here!
Learn the ropes of exporting; understand the rules of export licensing; experience a day of executive-level pragmatic presentations from experts in the field of international business!! See below for details.

WHO SHOULD ATTEND: This seminar is ideal for marketing and sales management and staff, import/export operations personnel, purchasing, logistics, and anyone with a responsibility for import/export functions.

 

Malaysia Commercial Specialist to Visit Northern NJ Commercial Service Office

Appointments Available!

On Friday, April 3rd, Commercial Specialist Randall Liew from the Commercial Service Kuala Lumpur Office will visit New Jersey to consult one-on-one with companies on the benefits of expanding sales to Malaysia. Randall’s appointments will be limited and conducted via conference call or in-person. If you are interested in speaking with Randall while he is in town, please email Brian Beams at Brian.Beams@trade.gov or call (973) 645-6032.
Event: Opportunities in Africa’s Power Sector
Venue: Your computer
Date: Tuesday, February 10, 2015 – 11am EST
Cost: $20
Info: https://emenuapps.ita.doc.gov/ePublic/event/editWebReg.do?SmartCode=5Q4D

On June 30, 2013 in Cape Town, South Africa, President Barack Obama announced Power Africa — an initiative to increase the number of people with access to power in sub-Saharan Africa. Rooted in partnerships, Power Africa is working with African governments, the private sector, and other partners in sub-Saharan Africa to add more than 30,000 megawatts (MW) of cleaner, more efficient electricity generation capacity as well as increase electricity access by adding 60 million new home and business connections.

The U.S. Commercial Service, in support of the Power Africa Initiative, is organizing a web-based seminar highlighting five of Africa’s top power markets. This webinar will provide a snapshot of opportunities in these markets, as well as resources available to help your company succeed.

Event: National Institute of Health SBIR/STTR Programs: Opportunity for Business Webinar
Venue: Your computer
Date: Tuesday, February 10, 2015 – 1pm EST
Cost: $15
Info: https://emenuapps.ita.doc.gov/ePublic/event/editWebReg.do?SmartCode=5Q3Q

Are you a small or medium-sized business working on research and development of a product to improve human health? We invite American exporters to learn about the funding opportunities from the National Institute of Health’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. NIH provides grant opportunities for small businesses in any biomedical or behavioral research area that falls within NIH’s mission to improve human health. Join us on Tuesday, February 10th, 2015 at 1:00 PM EST for an ONLINE program to learn about the programs’ general requirements, the application process, the three distinct phases of funding, where to find awardee/applicant lists, and the differences between the SBIR and STTR programs.

– Dr. Matthew Portnoy, NIH SBIR/STTR Program Manager, will provide his expert knowledge and experience about how your business can leverage these programs

– Learn about what a successful application includes and the overall success rates
– Ask questions and receive feedback from Dr. Portnoy, the expert that administers the SBIR/STTR programs for NIH
– Learn about whether the SBIR or STTR programs are right for your business.

Event: Identifying the right REACH Only Representative (OR)
Venue: Your computer
Date: Wednesday, March 18, 2015, 12:00pm Eastern Time
Info: https://emenuapps.ita.doc.gov/ePublic/event/editWebReg.do?SmartCode=5Q4C

Partnering with a REACH Only Representative (OR) is a necessary and expensive cost for U.S. businesses exporting chemicals to the European Union. However, many U.S. companies are unaware of the impact choosing an OR has on their ability to increase their exports to the European Union. The Commercial Service at the U.S. Mission to the European Union is pleased to invite you to participate in a webinar dedicated to assisting chemical exporters select and manage their relationship with a REACH OR.
Our guest speaker, Dr. Rudolf Staab, is president of the Only Representative Association which recently published “Best Practices Guide” for ORs. Dr. Staab’s presentation will focus on the various roles of the REACH OR including, the strategic implications of choosing a professional OR service, ownership of the REACH dossier, service offerings and factors that go into the calculation of fees. At the conclusion of this event, participating U.S. exporters will be better prepared to identify the right OR to partner with saving them time, money, and protecting the ability to penetrate the EU market. The cost to participate is $75.

For questions, please email Matthew.Kopetski@trade.gov or call: 317-582-2300.

HEALTHCARE EQUIPMENT, SERVICES, & TECHNOLOGIES TRADE MISSION
EGYPT, JORDAN, & ISRAEL
The USDOC is organizing a business development mission to Egypt, Jordan and Israel, with an optional stop in the West Bank with the purpose of introducing representatives from U.S. firms and related trade associations to the region and to promote exports of U.S. healthcare products and services. Mission participants will receive market briefings and participate in customized meetings with prospective partners. Targeted sectors include Maternal and child health needs, Medical equipment and supplies, including diagnostic, monitoring, and imaging equipment, Hospital and outpatient clinic design, Hospital management, E-health: healthcare management systems/software/network design, Laboratory and scientific equipment, Specialty areas such as oncology, cardiology, wound care, and plastic surgery, Products and services for implementing quality standards and accreditation, Robotics, and Mobile clinics.

 

When: May 16–21, 2015
Where: Egypt, Jordan and Israel, with an optional stop in the West Bank
Application Deadline: March 13, 2015
Cost: $3,325 for small or medium-sized enterprise or trade association/organization with fewer than 500 employees, $4,625 for large firms, $1,000 for each additional firm representative West Bank optional meetings is in addition to the mission participation fee above, at $750 per SME and $2,300 per large firm

 

For more information, visit this website: http://export.gov/industry/health/eg_main_076608.asp

 

Event: Europe’s Cyber Security Market

Date: February 11, 2015
Time: 8AM PST/11AM EST
Fee: $25
Register at: http://go.usa.gov/H22k

The value of the global cyber security market is expected to grow by 11.3% each year, reaching $120 billion by 2017. Learn about the Cyber Security opportunities in…

Bulgaria – Bulgarian government with the support of the European Commission will spend 8 million euro for Botnet fighting and 1 million euros for regulation of cyber threats.

Croatia – Law requires private companies to have protection systems in place, including an Intrusion Prevention System. The value of the Croatian security software market totaled $14.2 million in 2013.

Czech Republic – Cyber threats, cyber terrorism, and warfare have been increasing in recent years, making Cyber Security a top priority for the Czech government, business community, and public.

Hungary – A growing number of organizations, events, and regulatory requirements highlight the necessity for a strong and secure cyber space not only within the private but also within the public sector.

Romania – The government adopted a national plan to implement the Nation Cyber Security System (SNSC). The IT industry in Romania has expressed a desire for enhanced cyber security in sectors such as business analytics, mobile computing, cloud computing, and social business.


Cyber Security in Japan & South Korea

Date: March 10, 2015
Time: 4PM PST/ 7PM EDT
Fee: $25
Register at: http://go.usa.gov/SW5T

Join us for a webinar on Cyber Security Opportunities in Japan and South Korea. Experts from these regions will cover industry highlights.

Despite tough competition from around the globe, U.S. IT Security companies have a strong track record of success throughout the region.

The cyber security market is estimated to grow from $95.60 billion in 2014 to $155.74 billion by 2019, at a compound annual growth rate (CAGR) of 10.3% from 2014 to 2019 (Source: MarketsandMarkets).

South Korea – Defense Minister Kim Kwan-jin expects the country’s information technology (IT) market to double to $8.7 billion in 2017 from the current $4.2 billion. This growth will fuel demand for cyber security product and services from the private sector, defense, and non-defense sectors.

Japan – Since the attacks on Mitsubishi Heavy Industries and other organizations in 2011 and 2012, Japan started serious efforts to defend against cyber-attacks as part of its national security program. Japan revisited its Cyber Security Strategy in 2013.

For questions on either of these webinars, please contact:

Pompeya Lambrecht – Pompeya.Lambrecht@trade.gov or 703-235-0102
Erica Ramirez – Erica.Ramirez@trade.gov or 909-390-8491

Doing Business in Cuba
The U.S. Department of Commerce and the U.S. Department of the Treasury announced on January 15th, the publishing of the revised Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), which implement the changes announced on December 17 to the sanctions administered by Treasury’s Office of Foreign Assets Control (OFAC) and Commerce’s Bureau of Industry and Security (BIS). The changes take effect tomorrow (January 16), when the regulations are published in the Federal Register. The Secretary released a statement earlier today noting that “(t)hese changes will immediately enable the American people to provide more resources to empower the Cuban population to become less dependent upon the state-driven economy, and help facilitate our growing relationship with the Cuban people.” (click here for full text)

What are in these revised regulations?
These measures will facilitate travel to Cuba for authorized purposes, facilitate the provision by travel agents and airlines of authorized travel services and the forwarding by certain entities of authorized remittances, raise the limits on and generally authorize certain categories of remittances to Cuba, allow U.S. financial institutions to open correspondent accounts at Cuban financial institutions to facilitate the processing of authorized transactions, authorize certain transactions with Cuban nationals located outside of Cuba, and allow a number of other activities related to, among other areas, telecommunications, financial services, trade, and shipping. Persons must comply with all provisions of the revised regulations; violations of the terms and conditions could result in penalties under U.S. law.

A Fact Sheet is available here:
To see the Commerce regulations, please see here and Commerce frequently asked questions related to Cuba, located here
To see the Treasury regulation, please see here and Treasury frequently asked questions related to Cuba, located here.

Need more information?
For more information on these regulations:
• BIS’s Foreign Policy Division at 202-482-4252 or http://www.bis.doc.gov/index.php/policy-guidance/country-guidance/13-policy-guidance/country-guidance/187-cuba
• Treasury’s Office of Foreign Assets Control at 202 622-2480 or http://www.treasury.gov/resource-center/sanctions/Programs/Pages/cuba.aspx