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the TradePost
kwtc

a Kentucky World Trade Center Publication
November 20 , 2009

KWTC News :

Delegates from Korea Visit KWTC

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A Korean delegation recently visited the Lexington office of the Kentucky World Trade Center. Ying Juan Rogers (KWTC) met with the delegation members and discussed trade opportunities between Kentucky and Korea.

This delegation is hosted by the Martin School of Public Policy and Administration of University of Kentucky. Government officials and business leaders from Korea will be in Lexington for six months. They hope to gain experience and exchange idea in public policy and administration, public finance and economics, management, and leadership.

The delegation, pictured above included Hong Ju Park ( SH Corporation), Kyung Uk Cho (Seoul Metropolitan Facilities Management Corp.), Song Soo Kang ( Seoul Agricultural and Marine Product Corp.), Jin Se Kim and Young Sun Kim (Seoul Metro) and Dr. Doo-Oak Kim (Director of International Public Policy and Management Institute, UK).

If you are interested in meeting them, please contact our office.

Global Business Connections:
Doing Business with Japan

Wednesday, December 2, 2009
11:30am-1:30pm
Stites & Harbison, PLLC.
Aegon Tower, 20th Floor, 400 West Market Street, Louisville, KY 40202
$10 KWTC members, $20 nonmembers
(lunch provided)

Speakers: Hiroshi Sato
Consul General of Japan, Nashville
Gov. Martha Layne Collins
Former Governor of Kentucky, Honorary Consul of Japan

Click here for more details

Sponsored by: Stites & Harbison, PLLC
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Presented in partnership with Greater Louisville, Inc. and Japan/America Society of Kentucky

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To register please contact Sarah Darnall at 859-258-3139 or by email sarah.darnall@kwtc.org

International Trade News :

New Policy to Aid Small Business Exports of Goods and Services
The Export-Import Bank of the United States announced this week that it has raised the upper limit of its small business multi-buyer export credit insurance policy, a move designed to allow more small businesses to export their goods and services more easily. More...

DOC: Online Export License Application Checks; Application to Expand New York FTZ; Foreign Regulatory Changes
New Online Tracking of Export License Applications. The Bureau of Industry and Security announced Nov. 18 that it has launched an online version of its System for Tracking Export License Applications. Filers may now check the status of their export or re-export license applications, classification requests and AGR notifications electronically. Applicants will receive the same status information as communicated through the current phone-based STELA voice response system, which will be eventually phased out.

CBP Official Outlines Policy on Enforcement of Importer Security Filing Rule
According to press reports, Assistant Commissioner Thomas Winkowski told a Nov. 4 meeting of the Commercial Operations Advisory Committee that U.S. Customs and Border Protection will “take a common sense approach” to imposing penalties for violating the 10+2 importer security filing rule once the current period of informed compliance ends Jan. 26, 2010. More...

Obama Looks to Pass Korea FTA in 2010 but Could Face Opposition
President Obama signaled during a trip to Korea Nov. 18 that he wants Congress to approve legislation implementing the U.S.-Korea Free Trade Agreement by the end of 2010. Judging by comments from key lawmakers, however, the president could face difficulty in achieving that goal. More...

Treasury Publishes International Boycott Country List
The Treasury Department has published a list of countries that may require participation in, or cooperation with, an international boycott. The list includes Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen. Treasury notes that Iraq is not included on this list but that its status with respect to future lists remains under review. Source Document 1... 

CBP Revises Notification Policy for Approved Bond Submissions
U.S. Customs and Border Protection has posted to its Web site a notice informing the trade community that for all continuous bond submissions approved on or after Oct. 1, 2009, the Revenue Division is no longer faxing copies of approved submissions to the bond filer. More...

Did you know?
KWTC members have access to a full database of trade leads, available at wtca.org. For questions, contact sarah.darnall@kwtc.org.

Featured Events :

 Import Procedures and Compliance

Louisville
Thursday, January 21st, 2009
8:30 am - 5:00 pm

$195 KWTC members
$225 non-members
Lunch Provided

Speaker: Trudy Wilson, Licensed Customs Broker
President, InTran Industries
Customs Compliance Consulting

Click here to view flyer

Presented by the Kentucky World Trade Center

Check out our
Calendar of Events!

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Send us your news!

Member News :

Sel-Plex® from Alltech Receives EFSA Green Light on Human Health Claims

November 2, 2009 

[Dublin, IRELAND] – Global animal health and nutrition company Alltech, is pleased to announce that several human health claims relating to Sel-Plex® have been accepted by the European Food Safety Authority (EFSA).

The EFSA Panel on Dietetic Products, Nutrition and Allergies (NDA)2 has accepted health claims linking the dietary intake of Sel-Plex to: “protection of DNA, proteins and lipids from oxidative damage, normal function of the immune system, normal thyroid function and normal spermatogenesis.”

Sel-Plex, from Alltech, is the only FDA reviewed form of organic selenium, and is the first strain specific form of organic selenium to be EU approved for all animal species (Strain: Saccharomyces cerevisiae CNCM I-3060). Selenium is an essential nutrient for both animals and people, and plays a critical role in metabolism, normal growth, reproductive health, and immunity. Because of its specific organic form, Sel-Plex is better absorbed and retained by the animal.

Marc Larousse, vice president, Alltech Europe, says: “Alltech has been the sole leader in submitting extensive data and research petitioning EFSA for this successful opinion for Sel-Plex. This positive opinion by EFSA confirms the role that Sel-Plex plays in human nutrition. It further underlines the significance Sel-Plex has in the full food chain from the animal to the human. We are pleased with the acceptance from EFSA; Alltech is committed to its pioneering role utilising nutrigenomics and gene expression profiling as an effective tool for improving nutritional strategies in both animals and humans.”

http://www.alltech.com

 

 

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