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REALLY USEFUL RESOURCES
for international trade professionals |
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 OUR FEATURED COUNTRY
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Turkey
The US-Turkey Economic and Commercial Cooperation
www.the-atc.org
On September 19 the first meeting of Turkey-US Business Council took place in Istanbul. This council, established under the US-Turkey Strategic Framework for Economic and Commercial Cooperation is dedicated to the promotion of trade between the two countries, particularly in the fields of defense, technology and culture. It will allow the private sectors of both countries to meet once a year to provide their governments with recommendations on ways to strengthen bilateral economic relations, trade and investment.
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Through this initiative, Turkey in recent years has become a prime target for U.S. exporters and investors. In 2010, bilateral trade between the U.S. and Turkey was 15 billion USD. In 2011, it is expected to exceed USD 20 billion. It must be said that the Turkish economy is growing: it grew almost 9% in 2010, and observers expect growth of around 6.6% in 2011. The U.S., meanwhile, will show growth of about 1.5% in 2011. Turkey is therefore a prime market for U.S. exporters, particularly in the chemistry /plastics, energy, food processing, packaging and ICT (Information Technology and Communication) industries.
Turkey is one of the top target markets of the National Export Initiative (NEI), which aims to create jobs in the United States through the promotion of exports. In 2010, 3.3% of Turkey’s exports went to the United States while 6.6% of Turkey’s imports came from the United States, making it the seventh-largest market and the fourth-largest supplier to Turkey.
For more information on Turkey:
• The Turkish Ministry of Foreign Affairs
• Invest in Turkey
To help you do business in Turkey:
• The Turkish American Chamber of Commerce & Industry (TACCI)
• The Turkish American Chamber of Commerce of the Southeast (TACC)
• The Texas Turkish-American Chamber of Commerce
• The Turkish-American Association
• The Turkish American Business Improvement & Development Council (TABID)
• The Commercial Service at the U.S. Embassy in Turkey
• Doing Business in Turkey on export.gov
For information about doing business in other countries:
• FITA Country Miniportals, Reports about 185 countries.
• The Country Channels on GlobalTrade.net
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We’ve Got Brazil Covered
China has roared past the US to become Brazil’s top trade partner, but the US is still the top exporter to the Latin American giant.
The Datamyne blog has been covering Brazil: In first half 2011, Brazil’s purchases of US goods totaled $15.7 billion, while its exports to the US totaled $11.7 billion, giving the US a $4 billion surplus, according to Datamyne statistics. What Brazil Is Buying from the US may surprise. Refined oil, coal and turbojets top the list in the first half of this year but there were stunning increases in cotton and ethanol, enough to vault these commodities from out of nowhere to 4th and 5th (take a look at Charts and Graphs).
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But is Trade Trouble Brewing between Brazil and the US? A new US farm bill would bar the transfer of $147 million in compensation to Brazilian cotton farmers, as called for in the 2010 agreement that settled a long-running trade dispute between the two countries.
Brazil is one of 17 Latin American markets covered by Datamyne’s trade database. You can use this data to uncover opportunities for your business.
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 REALLY USEFUL SITES
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Dgmarket
Tenders and procurement opportunities worldwide
www.dgmarket.com
In past issues we have featured several websites that offer government procurement opportunities. These have included CWCTenders (for construction and engineering contracts) , Tenders Europe Daily and WINNINGTENDERS.EU (both for European Union tenders). But it seems that we have forgotten to discuss what is probably the largest international portal for tenders and procurement opportunities: DGmarket. It is the biggest because it compiles tenders from governments and international organizations worldwide and for all industries. Access to full versions of the tenders is fee-based, but the search engine and the number of tenders listed could make it a worthwhile investment. You can browse by country or by industry.
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How we made it in Africa
Inside into business in Africa
www.howwemadeitinafrica.com
Do you want to learn more about opportunities in Africa? How we made it in Africa gives readers insight into Africa’s business environment. The website is aimed at African business people as well as foreign investors with an interest in the continent. Here you will find success stories, advice about doing business in various African countries, ideas, feedback, etc. You can browse by Sector or Country. And you can read online or subscribe to the RSS feed |
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With the support of PBOC Shanghai HQ Shanghai Finance, Shanghai Services Federation and other key authorities, the definitive Trade Finance 2011 will be convened on the 17th - 18th of November, 2011 in Shanghai Marriott Hotel Hongqiao, China. The exciting line-up of regulators, importers and exporters, financial institutions, ECAs, solution & service providers, corporate treasurers and other relevant industry experts worldwide will equip you with a fresh and holistic overview of trade and financing, payment and settlement, treasury and liquidity management global practices. |
With the distinguished attendees such as HSBC, BNP PARIBAS, COMMERZBANK, ARAB BANK, BARCLAYS, CHINA CONSTRUCTION BANK, PEOPLE’S BANK OF CHINA, IFC and so on, you are guaranteed to walk away with the latest insight into global trends China focus, cutting-edge developments and practical tools in trade finance sector.
For more information, please check event website tradefinance.globaleaders.com or call Grace Gao at +86 (21) 3251 6047 or email grace.gao@globaleaders.com to reserve your seat and sponsorship opportunities.
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EVENTS AND WEBINARS
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Assisted by:
The U.S. Commercial Service |
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SOME UPCOMING COMMERCIAL SERVICE EVENTS
Stay up to date and informed with U.S. Commercial Service events and webinars!
• 2011 National DEC Conference & Exposition - Las Vegas, NE, United States 11/2/2011 - 11/5/2011
• AES Compliance Seminar - Irvine, CA, United States 11/15/2011 - 11/15/2011
• Small Business Global Export Forum - Austin, TX, United States 11/16/2011 - 11/16/2011
• Export Controls and Compliance - Pittsburgh, PA, United States 11/16/2011 - 11/16/2011
• Information For Protecting International - White Plains, NY, United States 11/16/2011 - 11/16/2011
Get ready for next year's Tradeshows! Here is a list running in February 2012:
• International Toy Fair 2012 - Nuremberg, Germany 02/01/2012 - 02/06/2012
• International Builders' Show 2012 - Orlando, FL, United States 02/08/2012 - 02/11/2012
• SATTE 2012 Travel and Tourism Industries - New Delhi, India 02/10/2012 - 02/16/2012
• Singapore Air Show 2012 - Singapore, Singapore 02/14/2012 - 02/19/2012
• BioFach 2012 and Vivaness 2012 - Nuremberg, Germany 02/15/2012 - 02/18/2012
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Published by FITA Online, 172 Fifth Ave., #118, Brooklyn, NY 11217 USA.
Copyright © 2011 GlobalTrade SAS. All rights reserved.
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