KWTC News :

Gov. Martha Layne Collins Receives Gold & Silver Star

Left to right:General Consul Hiroshi Sato of Japan, Steve St.Angelo, Fmr. Gov. Martha Layne Collins, Gov. Steve Beshear and Sec. Larry Hayes

Former Governor Martha Layne Collins, Chair of the KWTC Board of Directors was awarded the Order of the Rising Sun Gold and Silver Star by the Japanese Government on December 16th, 2009. The Order of the Rising Sun is a Japanese order, established in 1875 by Emperor Meiji of Japan. The Order was the first national decoration awarded by the Japanese Government, created on April 10, 1875 by decree of the Council of State; it is the second most prestigious Japanese decoration. After the award was presented by Consul General Hiroshi Sato, speeches in her honor were made by Secretary Larry Hayes (Kentucky Dept. of Economic Development) and Governor Steve Beshear; following which a toast was given by Steve St. Angelo (President, Toyota Motor Manufacturing). The event was held at the Governor's Mansion and was attended by colleagues, friends and family.

The World in 2010
The good news about 2010 is that the world will emerge from recession and the post-crisis economic landscape will become clearer. Less cheerful is what that landscape will look like. Less cheerful is what that landscape will look like. The rich world, burdened by debt and high unemployment, faces a long, hard slog. Governments will confront difficult decisions on how fast to start withdrawing the huge support they provided to keep the financial system going. more...

Click Global Map above for individual country outlooks for 2010

Click chart above for industry outlooks for 2010

International Trade News :

DOT Says Surface Trade with Canada and Mexico Rose Faster in October

The Department of Transportation reports that the recent increase in U.S. surface transportation trade in goods with NAFTA partners Canada and Mexico accelerated in October, rising 7.2% from September. The $61.4 billion total represented a 15.5% drop from October 2008. More...

CBP Issues Corrections to Importer Security Filing Rule

U.S. Customs and Border Protection has made several correcting amendments to its Nov. 25, 2008, interim final rule concerning the importer security filing (10+2). CBP states that because the rule’s regulatory text was inadvertently silent regarding the liability amount for breach of the ISF bond and neglected to make provision for using the bond to secure a single ISF transaction, this text is now being revised to clarify the applicable bond terms as set forth in an appendix to the CBP bond regulations by adding both the liability amounts for a breach of the bond ($5,000 in liquidated damages per violation) and a paragraph to cover a single transaction.
Source Document 1... 

President Signs Trade Preference Extension

President Obama on Monday signed into law a bill that extends the U.S. General System of Preferences and the Andean Trade Preference Act for one year. GSP permits duty-free treatment of selected goods imported from 131 countries. more...

EX-IM Bank Opens Financing Programs for Laos, Bolivia and Turkmenistan
WASHINGTON, D.C. - The Export-Import Bank of the United States (Ex-Im Bank) announced today that it is open to provide short- and medium-term financing for purchases of U.S. exports by public-sector buyers in Laos as well as public and private sector buyers in Bolivia. In addition, Ex-Im Bank extended its available financing to include long-term public sector transactions in Turkmenistan, where the Bank had been open for short- and medium-term public sector financing.More...

CBP to Conduct Next Broker License Exam April 7
U.S. Customs and Border Protection will conduct its next customs broker license examination April 7 at various locations. All exam applications and fees must be received and accepted by CBP at the service port where the applicant intends to take the exam on or before the close of business March 8. 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

Stites & Harbison
20th Floor, Aegon Tower
Louisville, KY

Thursday, January 21st, 2009
8:30 am - 4:30 pm

$195 KWTC members
$225 non-members
Lunch Provided

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

Sponsored by:

Click here to view flyer

Click here to register!

Presented by the Kentucky World Trade Center

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