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| Volume
18 Number 8 |
Summer 2008 |
Welcome
to the Kentucky
World Trade Center's e-newsletter TradeView.
For comments/suggestions, or to submit an article or item of interest, please contact us at news@kwtc.org
What's Happening at the KWTC
Ed Webb Appointed KWTC President/CEO
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The
KWTC is pleased to announce that J. Edwin Webb
will serve as President/CEO of the Kentucky World Trade
Center. In this capacity, Webb is responsible for executing the KWTC’s strategic vision, along with overseeing and managing the organization’s daily operations.
CLICK
HERE to read more |
Governor Martha Layne Collins Recognized in Local Magazine
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Leadership Profiles – Mr. Robert L. Brown
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The Kentucky World Trade Center (KWTC) Board of Directors and staff is proud to recognize and to thank one of its own, Board member Mr. Robert L. Brown. An active participate of the KWTC Board for over four years, Robert recently served as our interim Director before stepping down from that position in April. In that role, Robert’s leadership and vision provided the organization with a steady hand along with increasing its educational programming and outreach efforts. His ability to recognize and to establish relationships with local and regional organizations focused on international issues has resulted in partnerships that will reap the KWTC with benefits for years to come.
For his leadership and continued support of the Kentucky World Trade Center, the Board of Directors and the staff of the KWTC offers a sincere and much deserved Thank you to Robert.
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Ambassador
of Indonesia Speaks to Kentucky Businesses
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Ambassador
HE. Sujadnan Parnohadiningrat, Ambassador of Indonesia to the U.S.
The Kentucky
World Trade Center (KWTC) organized a breakfast,
sponsored by Chilton & Medley PLC, with featured speaker
Ambassador HE. Sujadnan Parnohadiningrat. Ambassador Parnohadiningrat discussed US/Indonesian
commercial relations, along with other aspects of US/Indonesian
relations at the Muhammad Ali Center in Louisville.
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The KWTC and Lexington-Bluegrass Association of Realtors
Deliver Successful Cross-Cultural Training
 
Ajay Gupta and Dr. M. Saleem Seyal spoke at the event
The Kentucky World Trade Center and the Lexington-Bluegrass Association of Realtors partnered to deliver a successful training seminar to roughly fifty of LBAR’s member realtors. The afternoon session focused on business and cultural practices of India and Pakistan, and attendees were treated to an authentic Indian lunch before watching the presentations of the two speakers.
CLICK
HERE to read more |
Global Sourcing: Know When to Do It
By Peter Canellis, Account Manager, Expeditors International
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As companies seek to improve their profit margins, many have turned to global sourcing as a means of reducing their Cost of Goods Sold. However, sourcing abroad is not always optimal. For some, either producing the supply inputs themselves or working with domestic, rather than overseas suppliers, may in fact be the smarter option.
CLICK
HERE to read more |
Immigration Update: F-1 Optional Practical Training Extended
By Glen Krebs, Attorney at Law, Wyatt, Tarrant & Combs, LLP
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The government recently bestowed a gift on companies who employ recent university graduates. But it is a gift with significant strings attached. The new rule allows F-1 students to extend their optional practical training (OPT) visas for up to 29 months if certain conditions exist.
CLICK
HERE to read more |
Bribery, Billions, And Bureaucrats: The FCPA and Its Global Application
By Jan de Beer, Attorney at Law, Frost Brown Todd LLC
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Although the FCPA focuses on two (2) areas—accounting and anti-bribery—this article will cover those FCPA provisions relating to anti-bribery. The anti-bribery provisions apply to all entities that have securities registered with the SEC and “domestic concerns.” The term “domestic concern” can be somewhat misleading and should be clarified to corporate clients.
CLICK
HERE to read more |
Vietnam Embraces New Challenges
By Simon Liu, District Manager - Vietnam, Expeditors International
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Vietnam has filed commitments with the WTO, describing its legal and institutional setup, and its schedule for both goods and services. The elimination of protections on domestic industries means companies will have to compete more directly in the world market.
CLICK
HERE to read more |
KWTC Member Profiles (click on logos for website)
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Institue for Lean Systems: ILS offers a research-based curriculum of operational, managerial and executive lean systems certification courses to the public.
CLICK
HERE to read more |
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Sanford Rose Associates: Sanford Rose Associates is an executive search firm specializing in mid-level to executive level positions for domestic and international companies.
CLICK
HERE to read more |
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Wen-Parker Logistics: Wen-Parker offers global air sea and ground transportation and is C-TPAT Certified. Our clients have peace of mind, knowing we are dedicated to helping secure their cargo, as well as our national borders.
CLICK
HERE to read more |
KWTC
Member Benefits:
WTCA Online Catalog & Trade Opportunities Database
Kentucky World Trade Center (KWTC) members have access to a wide range of trade tools available on the World Trade Centers Association (WTCA) website (www.wtca.org) including WTCA Online Catalog & Trade Opportunities Database.
CLICK
HERE to read more
KWTC
Services Spotlight: Going Global Article Series
The KWTC offers a series of Going Global articles FREE for members covering the basics of:
- Export Licensing & Compliance
- International Shipping
- Export Documentation
- Incoterms
- HTS & Schedule B Codes
- International Payment
- Foreign Exchange Risk
- Elements of Total Landed Cost
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- Global Sourcing
- The Basics of Importing
- Foreign Trade Zones
- International Insurance
- NAFTA Rules of Origin
- International Travel Resources
- Tools to Locate Buyers
- Export Financing
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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.
International
Trade News
CLICK
HERE
M&A Beyond Borders: Opportunities and Risks
Special thank you to member Marsh USA Inc. for providing this report which highlights the survey results of 670 executives from multinationals around the world on the topic of cross-border mergers and acquisitions.
Foreign Trade Regulations: Mandatory Automated Export System Filing for All Shipments Requiring Shipper's Export Declaration Information
Mandatory Use of Automated Export System Takes Effect July 2
New Foreign Trade Regulations Tighten Enforcement, Increase Penalties
Customs Update: Checklist to Avoid Export Penalties
Washington Moving Import Safety Inspections Overseas
C-TPAT to Include Exports?
Peru Signs Free Trade Deals with Canada and Singapore
Ten Reasons to Use Global Sourcing
Korea to Resume Imports of U.S. Beef
APEC Trade Ministers Discuss FTAs, Corporate Social Responsibility
WTO Review Highlights Continued Challenges for Businesses in China
Welcome
New KWTC Members!
Multi-National
Institute for Lean Systems
Continental
BB&T
Corporate
Allison Abrasives
Barbara Carter Fine Gilded Frames
Custom Resins, Inc.
Hunter Manufacturing
In Every Language
Kentucky Performance Products
Liberty Mining Consultants, Inc.
No Strings Wireless
Precious Hands LLC
Sanford Rose Associates
Sea Star International Inc.
Stock Yards Bank & Trust Co.
Sycamore Professional
Tempur-Pedic North America, Inc.
Wen-Parker Logistics
Williams Financial Investigations LLC
Individual
Fifth Third Bank
Goldmark Consultants
Isabel Henke
Non-Profit
GPEDC, Inc.
Calendar
of International Trade Events
Discover which international events, seminars and trade missions
are taking place this summer in Kentucky!
CLICK
HERE for a list of all KWTC events.
KWTC / GLI Global Business Networks
Networks Calendar:
Networks Registration:
To join a network, please go to www.kwtc.org/Global_BusNtwks.php.
About
the KWTC
"KWTC
will facilitate international business and stimulate economic development
in Kentucky, through our affiliation with the World Trade Centers
Association global network, by offering a one-stop-shop for information,
education, technical assistance and networking services that help
Kentucky firms succeed in the global market and bring new global
business opportunities to the Commonwealth." 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 nearly 300 World Trade Centers in close to 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
Career
Resource Center
KWTC
Offices
Thanks to our Supporting Partners!
A
World of Thanks to our Patron Members!
Sustaining
Patron Member
click
on logo for website
Global
Members
Frost
Brown Todd LLC
Greenebaum,
Doll & McDonald PLLC
Kentucky Cabinet for Economic
Development
Multi-National
Members
Institute for Lean Systems
National City Bank
of Kentucky
Toyota
Motor Manufacturing
Continental
Members
Accumetric, Inc.
BB&T
Dean Dorton &
Ford
E.On
U.S.
ELAN Home Systems, LLC
Greater Louisville Inc.
JP
Morgan Chase
Keeneland Association
LaSalle
Bank, NA
Mountjoy & Bressler, LLP
Papa John’s International, Inc.
Stites and Harbison, PLLC
Stoll Keenon Ogden, PLLC
Süd-Chemie, Inc.
The
Williamson Group Inc.
Association
Members
Greater
Louisville Inc.
Kentucky Association of Manufacturers (KAM)
Kentucky Community and Technical College System (KCTCS)
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World Trade Center
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