Inside Global Trade: Freight Forwarders gain update on customs regulations and online Certificates of Origin

 
September 2016 - in this issue...
Freight Forwarders gain update on customs regulations and online Certificates of Origin

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Freight Forwarders gain update on customs regulations and online Certificates of Origin
The Chamber, in partnership with the Los Angeles Customs Brokers & Freight Forwarders Association and Los Angeles World Airports, was joined by over 40 local freight forwarders to hear from several U.S. Customs and Border protection supervisors last month for an update on export regulatory compliance changes. The program also included an overview of the Chamber's online Certificates of Origin process as a key resource to the trade industry. Ecertify presents a complete solution to the challenges that exporters experience by turning the existing paper-based process for stamping and signing of trade documents into a streamlined electronic system - providing real value in cost savings and efficiency gains. Learn more about Ecertify.
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INSIDE THE CHAMBER 
Diplomats Receive Railway Tour and Port of Los Angeles Briefing
Members of the Chamber's Diplomatic & Commercial Officers Group received a private Goods Movement & Infrastructure briefing at the Port of Los Angeles last week. The session included a detailed briefing on new developments at the Port by key Port officials and a rail tour led by Pacific Harbor Line and the Alameda Corridor Transportation Authority for an in-depth look at distribution channels in Southern CaliforniaAmbassador Vilma Martinez, president, Los Angeles Board of Harbor Commissioners and Gene Seroka, executive director, provided welcome remarks. 
Chamber welcomes the Nagoya Economic and Port Promotion Trade Mission
The Chamber joined the Port of Los Angeles in welcoming 40 senior executives representing the Nagoya Chamber of Commerce & Industry and the Nagoya Port Authority in August. In 1959, both organizations signed formal agreements with the Chamber and the Port of Los Angeles. The Sister Port and Sister Chamber relationship is unique and serves as the bridge between both regions to continue
conducting more trade, cultural and investment activities. This relationship is even stronger as the City of Nagoya maintains a Sister City relationship with Los Angeles. These long lasting commercial agreements and strong working relationships continue to provide our business community with powerful commercial links in Nagoya, Japan.
The U.S. Trade and Development Agency announces L.A Area Chamber as a new partner
The Chamber's Global Initiatives Program is honored to be a part of the U.S. Trade and Development Agency's (USTDA) Making Global Local project!  "It's been an incredible summer for Making Global Local! These organizations bring our total to 58 partners working every day to expand export opportunities for their businesses and to create high-paying jobs in 30 states and the District of Colombia," stated Ashley E. Chang, USTDA's director of public engagement. USTDA links U.S. businesses to export opportunities by funding project preparation activities, pilot projects and reverse trade missions while building sustainable infrastructure in emerging economies. Since its launch on World Trade Day in 2012, Making Global Local has grown into the largest domestic outreach campaign in USTDA's history. Making Global Local connects American companies and communities to USTDA's export promotion programs by collaborating with state, city and local business development and trade promotion organizations. For more information on USTDA, or to learn more about becoming a partner organization, please visit www.ustda.gov.
Chamber discusses impact of mobile devices on global business
In August, members of the Global Initiatives Council heard from Jeffrey Cleveland, principal and chief economist of Payden & Rygel and his associate Siddarth Saravat, as they provided an overview of the revolutionary role mobile technology has on the global economy. "Entrepreneurs in the developing world are now utilizing their cellular devices as the primary way to conduct mobile business, as many do not have access to computers....", noted Cleveland. The Chamber continues to lead the way on relevant global initiatives issues.
STEP Grant Lends Wings to another Success Story
In late February, the Chamber and the Los Angeles Regional Export Council (LARExC) participated in the U.S. International Pavilion at the Singapore Air Show 2016, Asia's largest and most significant aerospace and defense exhibition in the world. One of the participating companies -- a small- to medium-sized solution provider of ground support test equipment for aircraft testing needs -- has reported two immediate sales of over $40k that are confirmed to occur in 2016 as a result of the show. The event was possible thanks to the U.S. Commercial Service and the Small Business Administration's State Trade and Export Promotion (STEP) Grant through the California STEP Grant Initiative. Learn more about STEP and other trade programs eligible for support.
upcoming
UPCOMING 
Mayor Garcetti's Launch of the City's Export Program: Taking L.A. to the World, Oct. 19
Join the Chamber and Mayor Garcetti at the USC Galen Center on Oct. 19, 7:30 a.m. -12:30 p.m. to hear about the City's new Export Initiative and to learn from experts how exporting will improve your bottom line. This seminar is targeted to provide manufacturers and exporters valuable information on how to grow their global market strategies. $40 cost to attend. Space is limited! Register now or for more information, contact Carlos Valderrama, 213.580.7570.


Beyond the Numbers, Air & Sea Cargo Trends, Nov. 2
The Los Angeles Regional Export Council (LARExC), in partnership with the Los Angeles World Airports, the Port of Los Angeles and WorldCity, invite you to join them at the Crowne Plaza Los Angeles Harbor Hotel at 9 a.m. to learn about Los Angeles Trade Numbers, including strategic trends, air & sea cargo highlights, trends in export & import products and current markets. The program will include a special lunch panel featuring D
eborah Flint, executive director of Los Angeles World Airports, Gene Seroka, executive director of the Port of Los Angeles and moderator Ambassador Mickey Kantor, Mayer Brown LLP. Register now or contact Jasmin Sakai-Gonzalez for more information.
 
Rethinking Global Value Chains, Nov. 16
Join the Global Initiatives Council for the last session of the year as we examine the economic impact of global value chains. Economic, technological and political shifts, as well as changing business strategies, have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus become more competitive in agriculture, manufacturing, and services. Hear from Daria Taglioni, lead trade economist and the global solutions lead on global value chains of the World Bank, via video conference, as she shows why GVCs require fresh thinking and to discuss a framework to guide policymakers in identifying the key objectives of GVC participation and how to select suitable economic strategies to achieve them.  A brief policy recap will also be provided by Brian Peck, deputy director of International Affairs and Business Development at the Governor's Office of Business & Economic Development (GO-Biz). Register now or contact Jasmin Sakai-Gonzalez for more information.
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COMMUNITY EVENTS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Visit the International Trade Calendar for a complete listing.
To submit an event or for more information on any of the information in this newsletter, contact Jasmin Sakai-Gonzalez, 213.580.7569.
 
 
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The Chamber is proud to be a partner of California STEP. The California State Trade and Export Promotion (California STEP) project combines a network of state, federal, private and non-profit trade promotion activities, serving targeted industries, to drive exports for small businesses.
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