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| Volume
16 Number 1 |
January
2005 |
Welcome
to the second edition of the Kentucky World Trade Center’s newsletter,
TradeView, in its new electronic format! Please feel free to contact
TradeView Editor and Senior Trade Specialist Susan Cook with any comments
or suggestions at susan.cook@loukymetro.org
We
would like to thank webRight for
putting TradeView online. webRight is
an independent Internet search engine marketing company in Louisville,
Kentucky offering
search engine optimization and
full service graphic and web design without the ad agency markups.
What’s
Happening at the KWTC
We
are pleased to announce that Martha Layne Collins, governor of
Kentucky from 1983-1987, has joined the KWTC as Chairwoman and
CEO.
Martha Layne Collins
|
| The
KWTC would like to welcome several new additions to our board: |
Board
of Directors |
Board
of Advisors |
Djenita
Pasic, Frost Brown Todd
.
|
|
Scott
Beal, The Beal Group LLC
Jerry Wheat, Indiana University Southeast |
| Click
here to see a complete list of KWTC board members.
|
Freedom
Tower Will Be World’s Tallest Building,
Reclaim
World Trade Center Site
On July 4, 2004 New York Governor George E. Pataki,
New Jersey Governor James E. McGreevey, and New York City Mayor
Michael R. Bloomberg laid the cornerstone for the Freedom Tower,
which will serve as the new soaring icon of the World Trade Center
site. The new structure will rise 1,776 feet, honoring the year
of the United States' independence, and will be the world's tallest
building when completed in 2008. Broadcast antennas will bring
the building's total height to more than 2,000 feet. CLICK
HERE to read more.
Freedom
Tower Cornerstone
From left, New York City Mayor Michael Bloomberg, New York State
Governor George Pataki and New Jersey Governor George McGreevey
with Freedom Tower cornerstone.
|
|
Freedom
Tower 
Artist's
rendering of the Freedom Tower at the WTC New York site. Rising
1,776 feet, it will contain 2.6 million sq.ft. of office space
and connect directly to rail and subway lines. |
KWTC
Leads Successful Trade Mission to China
The Kentucky World Trade Center (KWTC) organized a successful
trade mission to Beijing, Shanghai, Shenzhen and Dongguan, China from
November 12-19, 2004. Mission participants included representatives
from Lectrodryer, National Products, Shipper’s Supply, IDEA, TubeMaster
and the Mayor’s Office for Economic Development in Lexington.
CLICK HERE to read more
Sourcing Products from China
by Michael Bellamy, China Operations Director, PassageMaker Sourcing Solutions
Faced
with global competition, more and more buyers are looking to China to
source products. There are three overriding concerns faced by both
the first-time buyer as well as the experienced China sourcing specialist:
finding the right supply partner, controlling quality, and ensuring that
blueprints, design specs, tooling and brand names are protected. CLICK
HERE to read more
Intellectual Property Protection in China
 |
The
U.S. Embassy in Beijing has put together an Intellectual Property
Toolkit to teach U.S. exporters how to protect their intellectual
property in China. The publication may be found on the embassy’s
website at www.usembassy-china.org.cn/ipr/ |
Tax Incentives for Exporters Still Exist
 |
As
a result of the recently enacted American Jobs Creation Act of 2004,
the tax benefits previously available to U.S. exporters by virtue
of the Extraterritorial Income Exclusion (ETI) will be phased out
by the end of 2006. However, there are still provisions of the Internal
Revenue Code that can provide significant tax benefits to the closely
held exporter. CLICK HERE to read more |
By
Aaron M. Thompson,
Senior Manager, Mountjoy & Bressler, LLP |
Louisville Hosts Sister Cities Summit
Louisville rolled out the red carpet this fall when Mayor Jerry Abramson
hosted a Sister Cities Summit - a historic reunion of Louisville's Sister
Cities - from September 8-12, 2004. In total, 111 Sister City delegates
from 8 cities around the globe converged in Louisville for two days
of workshops and four days of networking events.
CLICK
HERE to read
more
Jiujiang, China becomes Louisville’s Seventh Sister City
Mayor Jerry Abramson signed a formal Sister City agreement with Mayor Cai Xiaoming
of Jiujiang, China on September 9, 2004. Jiujiang, China was chosen as a Sister
City because, over twenty years ago, Kentucky and Jiangxi Province, where Jiujiang
city is located, became Sister States.
The
city’s chief economic activities include cotton production, ship-building,
construction materials, oil pressing, and rice processing. Jiujiang
also produces grain, juice, tea, timber, fish, bricks, tiles, and textiles,
and has a large hydroelectric project nearby... Pillar industries such
as the petrochemical, building materials, machinery, textile, garment,
and power industries have been set up, and the infrastructure and investment
environment continues to improve. CLICK HERE to
read more
Influential CEO from United Arab Emirates Visits Kentucky
 |
The
KWTC co-sponsored a dinner program to welcome special guest and
keynote speaker Mrs. Raja Easa Al Gurg from the United Arab Emirates
(UAE). Mrs. Al Gurg is the CEO of Al Gurg Group, which is comprised
of 22 divisions that include Grundig, Stanton, United Colors of
Benetton, Dulux and Unilever. Mrs. Al Gurg is also a member of the
board of directors of the Dubai Chamber of Commerce and Industry.
Mrs. Al Gurg gave a compelling and very personal presentation about
her experience as a Muslim businesswoman, wife and mother. CLICK
HERE to read more
|
International
Trade News CLICK
HERE
Textile Quotas Eliminated Among WTO Countries
U.S. – Australia Free
Trade Agreement Takes Effect on Schedule
U.S. Makes Progress Toward Free Trade Agreements with Middle East
Asia Free Trade Pacts Progress
Cambodia Joins WTO
Japan Signs FTA with Mexico
Central America Free Trade Agreement Update
WTO Doha Round Back on Track
Poll Lists Favorite Places for Multinationals to Invest
World Bank Compares Business Regulations in 145 Countries
China Workers' Per Capita Annual Salary on the Rise
USDA Announces Final Regulations on Wood Packaging Materials
Countries Retaliate Against U.S. Byrd Amendment
EU Lifts U.S. Export Sanctions after U.S. Exporter Tax Break is Repealed
Anti-Bribery Accord Reviewed after Five Years
BIS Announces Revisions To The Export Administration Regulations
KWTC
Services Spotlight: Translation & Interpretation Services
|
|
The
KWTC is pleased to announce a new service for our members!
Through a partnership with World Trade Center Language Services,
the KWTC now offers document translations and live on-demand
phone interpretations in 100+ languages. KWTC members receive
the same quality services utilized by Fortune 500 companies,
but at a sizeable discount!
|
| |
CLICK
HERE for more information about this new service!
|
Calendar
of International Trade Events
Discover which international events, seminars and trade
missions are taking place this fall in Kentucky!
CLICK HERE for a list
of all KWTC events
Mark
Your Calendar!
World
Trade Day 2005 will take place on Thursday, June
2 at the Galt House Hotel in Louisville. Take part in the largest
international trade event in the state as we present awards to exporters
and importers at our annual awards luncheon! Meet with foreign trade
representatives about doing business with their country at the “Tour
the World” trade fair. And find the help you need at the “Service
Provider” trade fair, hosting international attorneys, banks, freight
forwarders, and consultants.
International
Trade Fairs
The U.S. Department of Commerce
has made available a list of upcoming international trade fairs through September
2005. CLICK
HERE
KWTC
Online Business Referral Directory CLICK
HERE
Does
your company need help with international shipping, payment, taxes,
contracts, insurance or even warehousing? The KWTC’s online
Business Referral Directory puts you in touch with local companies
who provide international business services to companies like
yours!
Member
News CLICK
HERE
Find
out how other international companies are succeeding in international
trade!
Greater Louisville Inc. Honored with National Chamber Award
Papa John’s Continues International
Expansion
Papa John’s International Becomes
Official Pizza of Dallas Cowboys
Parts Unlimited Purchases Lot for New Manufacturing Facility
Peptides International Wins Research Grant
Sister Cities of Louisville Brings Home Three International Awards
Thomas Industries Signs Intent to Purchase Company in Taiwan
TubeMaster Awarded First Projects in France and China
UPS Buys Out Chinese Joint Venture Partner
If
your company has news to share, we would love to hear from
you. Send
your member news to susan.cook@loukymetro.org
Welcome New Members!
About the KWTC
The Kentucky World Trade Center (www.kwtc.org)
is a non-profit membership organization helping Kentucky companies import,
export and establish
overseas operations. With offices in Lexington and Louisville, the KWTC
offers counseling, market research services, translation assistance,
trade education seminars, international events and programs, cross-cultural
training,
trade missions, and referrals to local international service providers.
The
Kentucky World Trade Center is affiliated with the World Trade Centers
Association in New York (www.wtca.org),
which administers over 300 World Trade Centers in over 100 countries.
Learn
More about the KWTC’s Programs & Services
KWTC
Research Services
KWTC
Translation & Interpretation Services
KWTC International
Trade Education Seminars
KWTC Business Referral
Service Program
WTCA
Online
A World of Thanks to our Supporting Partners!
A
World of Thanks to our Patron Members!
Sustaining
click
on logos for websites
Global
Frost Brown Todd LLC
Greenebaum, Doll & McDonald PLLC
Kentucky Cabinet for Economic Development
Multi-National
Fifth Third Bank
LaSalle Bank
National City Bank of Kentucky
Toyota Motor Manufacturing
Continental
Accumetric, Inc.
Mountjoy & Bressler LLP
Carrier Vibrating Equipment
ELAN Home Systems
Ernst & Young
LLP
LG&E Energy
Papa John’s International
Steel Technologies
Stites and Harbison
Stoll,
Keenon & Park LLP
Sud-Chemie, Inc.
The Williamson Group, Inc.
U.S. Bank
Associate
Associated
Industries of Kentucky
Greater Louisville Inc.
Kentucky
District Export Council
The KWTC proudly endorses Best Places to Work in Kentucky
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World Trade Center
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