KWTC News :

KWTC Hosts Delegation from Normandy

Dean Harvey, University of Kentucky, Gina Greathouse, Commerce Lexington, David Adkinson, KY Chamber, Philippe Bonneau, Normandy, Nicholas Jourdan, Normandy, Isabelle Le Deau, Normandy, Ying Juan Rogers, KWTC,  Anne-Julie Girerd, Normandy, David Lord, Lexington Convention Center, Bob Quick, Commerce Lexington  

The Kentucky World Trade Center hosted a delegation from Normandy, France last week.  Normandy will be hosting World Equestrian Games in 2014. Five members of the French delegation, lead by Mr. Philippe Bonneau, Vice –President of Basse-Normandy Regional met with the organizers of the Alltech WEG and business leaders in Kentucky. A meeting was held at the KWTC to discuss the economic benefit of hosting WEG and also to get a few pointers on how to prepare and host a successful WEG in France.  

As predicted, many international companies will be attending the tradeshow and exhibiting their products during the Alltech WEG. In recent months, the KWTC has been contacted by these international participants to promote trade between Kentucky and their countries. The KWTC will be setting up one on one meetings to match up the foreign companies with the Kentucky companies.   

International Trade News :

Obama Announces Timeframe for Advancing Korea FTA

President Obama announced June 26 at a meeting of G-20 leaders in Canada a timeframe for advancing the U.S. free trade agreement with South Korea, which was signed in 2007. “I want to make sure that everything is lined up properly by the time that I visit Korea in November,” Obama said. “And then in the few months that follow that, I intend to present it to Congress. … It will strengthen our commercial ties and create enormous potential economic benefits and create jobs here in the United States, which is my number one priority.” more

DOC: Foreign Regulatory Changes That Could Affect U.S. Exports

According to the National Institute of Standards and Technology, the WTO has been notified by the following countries of proposed regulatory changes that may affect U.S. exports of the products indicated. more

U.S. Russia Reach Agreement on Poultry Trade, Aim to Resolve WTO Accession Issues by Fall

After a full day of meetings in Washington June 24, President Obama and Russian President Dmitry Medvedev said they hope to resolve by the end of September the remaining bilateral issues concerning Russia’s longstanding bid to join the World Trade Organization. Though neither president explicitly said so, it appears that what they called a “renewed energy” toward meeting this goal was spurred by an agreement by Russia, once the largest foreign market for U.S. poultry producers, to again begin accepting imports of U.S. poultry. more...

Exporters Optimistic Over Move on Currency

Embracing China’s decision to let its currency move more freely, American businesses said on Monday that the move would make it easier to compete against Chinese companies and would help reduce the United States trade deficit. They cautioned, though, that the rise in the currency, the renminbi, is expected to be gradual, even if many American economists say it is 20 to 40 percent undervalued. more...

Bersin Pushes Security, Trade Integration

Customs and Border Protection should stop looking at security and trade facilitation as a balancing act between opposites but see them as an integrated whole, Commissioner Alan Bersin told a conference of Customs officials Tuesday morning. “Trade and security are not opposites, but two sides of a single coin. We are not in a position where we have to balance the two,” Bersin said. 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.

KWTC Events:

Understanding Tax Structures in China and Brazil

August 19, 2010
9:00am - 10:30 am

PriceWaterhouseCoopers
Louisville, KY

KWTC Members: $10
Non- Members: $20

For more information click here

Speakers:
Sarah Reynolds
American River International

Tuesday, Sept. 21, 2010
8:30 am -4:30 pm

Greenebaum Doll & McDonald, PLLC
National City Tower, 35th Fl. Louisville, KY

KWTC Members: $150
Non- Members: $200

Click here for more info

Save the Date!!!

World Trade Day

September 1, 2010

(August 31, 2010 - VIP Reception)

  Check out our
Calendar of Events!

Have something to share?
Send us your news!

Member News :

D.D. WILLIAMSON LAUNCHES INNOVATIVE CARAMEL COLOR IN NORTH AMERICA

KWTC membership means global business opportunities.
Don't miss out! For membership information, click here.