UPDATE
'Another year…another dollar’, you could say, however, this year our dollar is in the midst of a historic financial struggle. This coming year confronts us with new challenges on how to grow our enterprises, create jobs and fight global warming. However, where there is crisis there is opportunity and we see bilateral global trade and investment as a pathway out of our economic doldrums. Enjoy our year end issue of World TradeWinds and we remain at your service for the New Year.
President
Tony Livoti
MBITA
Vice President
Shay Adams
AIM Medical Sales
Members
Dr. Edward Valeau
Els Group LLC
Hartnell College
President Emeritus
Marcelo Siero
IdeasSiero
Jim Faith
Trade Export
Finance Online
(TEFO)
Cristina Polesel
MBITA
General Manager
This newsletter has been
created by MBITA's editor
Cristina Polesel
cristina@mbita.org
MBITA New Corporate Sponsor
- Aerospace
- Building & Construction
- Composites
- Electronics
- Energy Oil & Gas
- Environment
- Fashion & Jewelry
- Food Service & Hospitality
- Hardware, Houseware & Allied Production
- Machinery & Manufacturing
- Marine
- Marketing
- Medical
- Packaging
- Pharmaceutical
- Publishing
- Security
- Sports & Recreation
Want to learn more about their global portfolio of industry leading events? Visit reedexpoISG.com to learn more about their global events and how they can help you grow your business.
MBITA welcomes new member, LonMark® International, a leading organization promoting energy efficiency through intelligent controls.
Green, Energy Efficient Buildings
by Ron Bernstein, LonMark® International
MBITA New Member
Tudipopeka LDA
Current Situation
- Almost the entire road network, both primary and secondary, is in poor or very poor condition Port infrastructures are operating below capacity because of obsolete equipment and outdated working practices;
- Less than 5% of the railway system is currently operational;
The main airports require considerable upgrading and/or repairs; - The urban water supply and drainage systems currently reach only a small proportion of the population, and the existing systems are in poor condition;
- The rural areas lack infrastructure to support production and transportation;
- The existing housing is highly degraded and falls well short of demand. The challenge is to cope with a population growth of 10% per year;
- The building and construction materials market is in its infancy and therefore undeveloped;
- There is insufficient monitoring and quality control. Materials and know-how are in short supply.
Areas of Interest for Foreign Investment:
- Waterworks Maintenance & Management;
- Consulting Engineering;
- All kinds of Production /Marketing Technical & Material Assistance;
- Agricultural Mechanization & Technical Assistance;
Industrial Poultry Breeding; - Cattle & Pig Breeding;
- Bio Technologies;
- Real Estate Development.
Tudipopeka is seeking American companies willing to contribute to the economic growth of Angola with sound technologies, services and investment funds. Tudipopeka is looking forward to a successful business relationship with MBITA and its clients and members for all forms of bilateral trade and investment.
MBITA Member Story
State of Bavaria U.S. Office for Economic Development /West Coast Division, Palo Alto
The State of Bavaria U.S. West Coast Office in Palo Alto serves as an on-the-spot contact for U.S. companies planning to locate or expand their business to Europe. In cooperation with the Bavarian State Department of Economic Affairs we provide information and advice helping companies to develop new markets and implement new distribution structures abroad. At the same time we assist in international cooperation projects and partner search. As a government office all our services are free of charge.
MBITA New Member
The Monterey Bay region of California is truly a unique region on the global map. Its somewhat rural population of over 600,000 people stand tall as world leaders in agriculture, marine biology, green technologies and language. The region also demonstrates leadership through its innovative business acumen implementing business development models that can be followed by other communities throughout the world. One such model is the Monterey County Business Council.
What Is the Monterey County Business Council
A membership only 501(c)(6) organization comprised of a diverse group of members representing all industries and geographic areas of Monterey County who are interested in shaping the future of Monterey County and have a vested interest in the economic vitality of our community.
Why Is There A Business Council
To provide a voice for business that reminds our community and the elected and appointed officials of the value of our businesses and how their decisions impact the ability of businesses to remain competitive and viable.
Mission Statement
To serve business and local government by providing collaborative leadership, promoting sustainability and global competitiveness of existing and emerging businesses, while reflecting our organization's strong commitment to economic vitality, the environment and quality of life.
Competitive Clusters
Competitive Clusters (C2) was launched in March 2003 as a public-private partnership between the Monterey County Business Council and the County of Monterey to implement near-term economic development action as well as to provide a compelling economic vision and strategic framework to guide future economic development efforts for our region. The objective of C2 is to achieve a more competitive economy in the existing key industries and emerging industries that fits the special character of Monterey County. Presently, we have six on-going clusters in Agriculture, Tourism, Education & Research, Building & Design, Health & Wellness, and Creative & Technology. C2 is managed by the Monterey County Business Council, with direction and advice provided by a "Leadership Council" that is comprised of 15 private and public sector leaders drawn from across the County.
Since its 2006 market crash, the kingdom’s Capital Markets Authority (CMA) has set new guidelines to attract institutional investors and improve transparency. With a $450 billion market capitalization, Saudi Arabia has the largest bourse in the Gulf Arab region and the most blue chip companies. Foreign investors can now trade in Saudi stocks (contractual swap agreements) indirectly through authorized local firms, but investors lack voting rights since local firms retain legal ownership.
Although the government is encouraging entrepreneurialism and private investment as a way to diversify from, the immigration ministry is still strict about issuing visas. Moreover, foreign businesses must hire a local agent.
Certainly, Saudi Arabia is not the easiest place to do business due to its conservative religious practices, gender separation and strict visa rules, but the Saudi market is growing fast and gradually open. The Saudi entrepreneurs I met were very optimistic and eager to do business with foreigners. Many have studied abroad and wish to build commercial ties overseas. They are as driven as the Indian, Chinese and Eastern European entrepreneurs whom I have met recently. That bodes well for Saudi Arabia and its trading partners. And, with Obama as president, they hope Americans reconsider doing business with Saudi Arabia.
Sheridan Tatsuno is Associate Dean of Business Creation at the Jonkoping International Business School in Sweden, principal of Dreamscape Global, and a MBITA member. See his blog at http://sheridantatsuno.vox.com
MBITA Business Cluster Service Hosts
Cofimp in Silicon Valley
Based in Bologna, Italy, COFIMP is an entrepreneurial management training organization that promotes innovation, partnerships and practical business training to small to mid-sized Italian enterprises looking to upgrade to 21th-century business models like Silicon Valley.
Maurizio Sarmenghi, COFIMP Business Development and Regional Strategy Manager is the coordinator of their latest innovation project for managers and entrepreneurs called “Management in change 2.0”. The final step of this program envisioned a Silicon Valley business tour. The goal of this tour was to contact a network of international managers, venture capitalists and associations to create strategic alliances and partnerships.
Sarmenghi, along with Federico Bencivelli, COFIMP Strategy and Management Consultant and Piero Formica, Professor of Economics at Jonkoping University and Dean of the Swedish International Entrepreneurship Academy, escorted ten Italian business executives to Silicon Valley at the end of September.
MBITA pre-qualified and arranged business meetings to support the CoFimp program objectives and escorted the delegation throughout the tour with meetings at Google, Intel, the Stanford Research Nano-Lab, a Silicon Valley Venture Capitalist, a leading High- Tech attorney, a Silicon Valley international business incubator, the City of San Jose and an innovative high tech start-up founded by an Italian national.
MBITA invites you to take advantage of its new Industry Cluster Tour (ICT) service for business executives and student groups from around the world to experience first-hand the dynamic industry clusters and unique business culture of California.
The MBITA global network of private business, public sector partnerships, investors and partner trade associations supports MBITA to arrange and facilitate one-on-one and group meetings, presentations, pubic business events and industry cluster tours representing the following industry clusters in four distinct California regions:
- Northern California – Computers, electronic products, bio-technology, green technology, tourism and logistics.
- Central California – Agriculture & food manufacturing products, Agro-technology, chemicals and logistics.
- Greater Los Angeles – Computers, electronic products, machinery, transportation equipment, chemicals, tourism, motions picture/television production, green technology, textiles and apparel.
- San Diego and Mexican Border - Bioscience, biotechnology, green technology, Mexican border trade and tourism.
Contact the MBITA office today to arrange a customized tour for education or business designed to your specific needs and objectives.
MBITA Annual Luncheon with Congressman Sam Farr and 'Emerging Economies' seminar
Santa Cruz, CA - October 30, 2008
By Dr. Edward Valeau, MBITA Board member
On October 30, 2008, MBITA played host to more than thirty-five participants gathered to hear Congressman Sam Farr speak on the issues of the economic meltdown and the continuing importance of international trade agreements currently on the table with Colombia and Korea.
The Congressman did not disappoint as he approached the subject head on. Farr explained that among the keys to our recovery was the continuing need for dealing with and supporting our trade agreements with developing nations.
However, he was quick to point out that he was not very hopeful for progress under the current administration. He sounded a cautionary tone when referring to the next administration. He explained to the crowd that it needed to move swiftly with solid plans.
In addition, issues like nuclear armament, and the strong emergence of drugs in Colombia would be serious obstacles to immediate. The Congressman, as a hopeful sign for International Trade Agreements again pointed to some successes regarding International Trade that related to Chile, Singapore Australia, Morocco to name a few.
The Congressman left no doubt, that financial crisis will affect small to mid-sized enterprises that are involved in global trade. Exactly how was left to ponder but he did indicate the employment issue would be front and center. He was clear that while government cannot do it all they can and should play a role in stemming unemployment and helping small business. Here again he felt the need to strengthen trade as it is and will be an important strategy in the long-term solution to the problem of unemployment and the economy.
Farr linked his comments to a very sensitive nerve and that is the plight of the poor in developing nations and the struggle these people face in scratching out a living. He felt that since the economy would not rebound quickly, it could play havoc with their lives. Still he advanced a positive spin that as we emerge from this mess and the economy flourish again things will be better for everyone.
The Congressman took time to answer questions from the crowd who had a wide array of concerns. The session concluded with a rousing applause and thanks to Congressman Farr.
With a focus on global trade industry companies and professionals, the MBITA Global Jobs Center offers its members—and the industry at large—an easy-to-use and highly targeted resource for online employment connections in global trade.
Both members and non-members can use the MBITA Career Center to reach qualified candidates. Employers can post jobs online, search for qualified candidates based on specific job criteria, and create an online resume agent to email qualified candidates daily. They also benefit from online reporting that provides job activity statistics.
For job seekers, the MBITA Career Center is a free service that provides access to employers and jobs in the global trade industry. In addition to posting their resumes, job seekers can browse and view available jobs based on their criteria and save those jobs for later review if they choose.
Job seekers can also create a search agent to provide email notifications of jobs that match their criteria.
Start using the MBITA Career Center TODAY!
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