Category Archives: International Trade Center

U.S.-Colombia Trade Promotion Agreement will take effect on May 15, 2012

On May 15th , over 80 percent of U.S. exports of consumer and industrial products to Colombia will become duty-free, including agricultural and construction equipment, building products, aircraft and parts, fertilizers, information technology equipment, medical scientific equipment, and wood. Also, immediately more than half of U.S. exports of agricultural commodities to Colombia will become duty-free, including wheat, barley, soybeans, high-quality beef, bacon, and almost all fruit and vegetable products. The Agreement also will provide significant new access to Colombia’s $180 billion services market, supporting increased opportunities for U.S. service providers. For details about the agreement, see: http://www.ustr.gov/about-us/press-office/press-releases/2012/april/united-states-colombia-set-date-entry-force-us-colom Info about U.S. Commercial Service export promotion programs for US exporters and Colombian market: http://export.gov/colombia/.

If you need more information, please contact IL International Trade Center at GSU- Mary Ma , at 708-534-6976, hma@govst.edu..

Illinois In the International Marketplace – FDI Stat Sheet March 2012

Illinois is a strong state for Exports as well as International Investment.  Since 2002, Illinois exports have grown $38 billion.  Direct exports accoutned for 7.7% of the Gross State Product (GSP) in 2010.

To review more interesting facts about Illinois and the International Marketplace, review the Market Flyer for March 2012 provided by the State of Illinois.  www.illinoisbiz.biz

STEP Transport Logistics Trade Mission to China June 3-12, 2012

Currently we are still working on the STEP recruiting. The upcoming trade mission is China Transportation and Logistics Trade mission in Shanghai and Beijing on June 3-12,2012 .  Look at this Flyer for more information.  We have only two slots for this event right now. If you have any clients interested in the STEP grant or involved in the logistics business, please send to us by this Friday (4/6). We will help them apply for the STEP grant and arrange the trade mission to China.

For more information about the Trade Mission, STEP Program or the International Trade Center, contact Mary Ma

International Trade Center is celebrating 1 year!

April 1st is the one year birthday of International Trade Center at GSU.  We would like to thank for everyone ‘s great support during the past and upcoming year.   Below is the Top 10 things we did to accomplish the International Trade Center goals.

The Goal Accomplished: (April 1,2011-March 31,2012)

  • New Clients: 64 new exporting and existing exporting clients.
  • The total consulting hours: 712 hours
  • Export Value: $774 million, 45.5 times of the annual goal ($17m).
  • Training Event hosted :  10 workshops and seminars, 227 attendees.
  • Success Story: 8 success stories published on the DCEO Weekly Connections and GSU views

Top 10 achievements and events during the first year ITC at GSU  (April 1,2011 -March 31,2012) :

  1.  On April 1, 2011, IL International Trade Center at GSU started and made the press release to announce the establishment.
  2.  On April 12, 2011, ITC orientation arranged by SBDC Springfield Headquarters.
  3. On May 18, 2011, the first International Trade workshop at CenterPoint Veteran’s Boot Camp.
  4. On June 20, 2011, attended the Governor’s Export Week Conference. The ITC client C&D USA acquired the Excellent Exporter Awards honored by Governor Quinn.
  5. On June 23, 2011, the first Export Seminar hosted by ITC, on the topic of the Agriculture Export and Export to Africa.
  6. On August 23-24, 2011, the ITC-OTI Joint meeting held and announced the STEP program.
  7. On Sep 20, 2011, the ITC client CJS trading had signed the $100million Soybean export contract with ADM, Governor Quinn attending the contact signing ceremony in China.
  8.  On Nov 14-15, US-China International Trade Forum hosted by ITC at GSU as the series events during the Global Entrepreneurships’ Week. And arranged the field trip to Logistics Park at Joliet.
  9. On Feb 16, 2012, ITC/GSU and IL Soybean Association co-hosted the Agriculture Export and Transportation Summit at GSU, with more than 100 participants.
  10. One March 8, 2012, with ITC support and nomination, PARC Corp acquired the 2012 SBA Small Business Export of the Year. The director ITC received the Certified of Global Business Professional certification designated by NASBITE.

ITC at GSU, CenterPoint Client honored SBA 2012 Small Business Exporter Award

PARC (USA) Corporation acquired the SBA award of 2012 Small Business Exporter of the year, nominated by Hongxia (Mary) Ma, IL SBDC International Trade Center at Governors State University. PARC is headquartered in Romeoville, IL. They have been in the plastics recycling business for more than 10 years. They market millions of products of various types of recovered plastics material each year, in other words, they export thousands of trucking loads to overseas annually. PARC Corp. is a certified minority owned business by the NMSDC(National Minority Supplier Development Council), ranking #6 in the North America Recycler in 2009.

PARC’s Chicago location has one hundred twenty thousand square feet of warehouses and manufacturing space, which is supported by SBA 504 loan program.  They ship the recycled products to and from Canada, Europe, South America and Central America, and other places worldwide.

International Trade Center at GSU has been working with PARC very closely since started. Taking advantage of the export resources from the Federal and IL State, they have increased the global sales, optimize the logistics management, and improve the global marketing strategy.  By the first half year of 2011, PARC has increased the export volume worth $17.5 million, including $15 million export to Asia, $1million export to Latin America, and $1.5 Million to Canada. They created 7 new jobs and retained 25 jobs because of the export business growing in 2011.

The Corporation philosophy at PARC is “Recycling for the future”. PARC dedicates to the recycling industry and waste management solutions which save energy and conserve our precious resources.  CNN Terry Bradshaw had made the Environment Report Program to introduce the achievement of PARC Corp.

With the International Trade Center and State Office of Trade and Investment‘s support, currently they are applying the STEP Program to enhance the global marketing exploring.

U.S.- Korea FTA to Take Effect March 15th, 2012

U.S. Trade Representative (USTR) Ron Kirk announced today that the U.S.- Korea trade agreement will enter into force on March 15, 2012. Over President’s Day weekend, U.S. and Korean officials completed their review of each other’s laws and regulations relating to the implementation of the agreement and exchanged diplomatic notes. The diplomatic notes confirmed that each side had completed their legal requirements and procedures for the agreement’s entry into force.

According to the Office of the USTR, almost 80 percent of U.S. exports of industrial products to Korea will become duty-free when the U.S.-Korea trade agreement takes effect on March 15th. These products include aerospace equipment, agricultural equipment, auto parts, building products, chemicals, consumer goods, electrical equipment, environmental goods, all footwear and travel goods, paper products, scientific equipment, and shipping and transportation equipment. Furthermore, nearly two-thirds of U.S. exports of agricultural products to Korea will become duty-free on March 15th, including wheat, corn, soybeans for crushing, whey for feed use, hides and skins, cotton, cherries, pistachios, almonds, orange juice, grape juice, and wine.

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CenterPoint International Trade Center Director Receives Certification

Mary Ma, Director of the CenterPoint’s Illinois International Trade Center at GSU, has earned the designation of Certified Global Business Professional (CGBP) by the National Association of Small Business International Trade Educators (NASBITE). The CGBP designation certifies that Mary is competent in the areas of Global business management, global marketing, supply chain management and trade financing. In state of Illinois, only two other International Trade Centers acquired the certification last year.

Under Mary’s leadership, the Illinois International Trade Center at CenterPoint, GSU has worked closely with regionally based Illinois exporting companies involved in over $800,000,000 in exports. Export products include agricultural products, recycled plastics, thermal insulation products, used automobile parts, and a wide variety of medical and surgical instruments. Since the trade center was launched at GSU last April, seven companies have added 17 new jobs, retained 100 positions and last year, invested over $700,000 in expanding their businesses.  An agricultural exporting client of the center was honored last year receiving the 2011 Export Excellence Award presented by the Governor of the State of Illinois.

Program Success of the Week – Transco Products, Inc.

Transco Products, Inc. is an Illinois based small engineering and manufacturing company which designs, manufactures and installs components for nuclear power plants around the world.  The Illinois SBDC International Trade Center at Governors State University has worked with this client since August, 2011. This client wanted to expand their potential opportunity in China and improve the logistics management for  international and domestic transportation.

When the ITC staff visited the Transco office in November 2011, the Client mentioned they had a proposal in the final stage of a multi-million dollar contract with a Chinese company. They needed advocacy assistance from DCEO.  In order to take advantage of international resources, the ITC introduced the client to the DCEO Office of Trade and Investment (OTI).  With help from the OTI and the foreign offices, this special case was brought to the attention of Mr. Gary Locke, the U.S. Ambassador to China, to advocate for the bidding.

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The Agriculture Export Transportation Summit held successfully at GSU

The Agriculture Export Transportation Summit has been successfully held at Governors State University on Feb 16, 2012. The event was co-hosted by Governors State University and IL Soybean Association. IL SBDC International Trade Center at GSU was the affiliate partner for the event. This one-day agriculture, trade and transportation conference was focus on the development of agricultural products export opportunities and training for Illinois farmers and processors, transporters, carriers and growers. More than 100 participants associated with the Agriculture export businesses attended this event.

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Export Transportation Summit: Strategies for Soy & Agriculture Feb. 16, 2012

This Summit is part on a multi-month process to help the Illinois Soybean Association develop a strategic transportation plan.  This plan will focus on the following aspects: containerization, weight limits, transportation infrastructure, sustaining quality of the delivered product, and identifying efficiencies such as matching head hauls with back hauls for our members. The IL Soy would like you to share your perspectives to inform their plan.

TOPICS:

  • International Market Analysis of Agriculture Trends.
  • Export Procedures and Best Practices for Agriculture.
  • Multimodal Transportation and Carrier Protocols for Bulk Commodities.
  • Bulk Transportation Facilities 101.
  • Inland Waterways and the Panama Canal.
  • Finance Export Trade.

JUST A FEW OF OUR SPEAKERS:

  • Keynote Speaker: Pat Quinn, Governor of Illinois – Invited
  • Luncheon Speaker: Rodolfo Sabonge, Panama Canal
  • Patrick Bohan - Port of Halifax
  • Barry E. Prentice, Ph.D. -  University of Manitoba
  • Kelly Levis – CN