September 2020 Updates
MEMBER SPOTLIGHT
WTCDE Premier Members
Port to Port International 
Learn more about Port to Port International: http://www.ptpshipping.com/?lang=en
STAT International
Life is very different now but work should be consistent!

Are you starting your own business or are you now a full-time work from home employee? Whichever your answer is, Stat International is here to assist you. We offer a variety of services that will fit your needs now and later. We can grow or downsize with you. We offer virtual services, physical offices and coworking space.  Small budget, no problem! We can tailor a package for you. Not sure what you need? Visit our website at https://stat.international/. You can see pictures of our offices, coworking space and learn more about our virtual services. You can call us to schedule a tour too!

Remember stay healthy, stay home if you feel ill, keep a social distance from others and wash your hands frequently.
Learn more about STAT International: https://stat.international/
PRESIDENT'S NOTES
Welcome New Board Member, Howard Henderson, Senior Associate for Triad Associates, the economic development consulting firm in Southern New Jersey. We have had members from Southern New Jersey for many years but Howard is our first board member representing that area.

International Delaware
Shortly after we introduced the 2019 issue of International Delaware, our yearly magazine supplement to Delaware Business Times, we began to think about the theme for the 2020 edition, to be published on December 8. We decided that Delaware’s innovative FinTech and IT industry should be the 2020 focus. Little did we know that COVID would accelerate the world’s shift to a digital economy which relies on this technology. Each edition of Delaware Business Times is read by over 32,000 people. In addition, we distribute International Delaware to all of the over 325 World Trade Centers, to the US Department of Commerce, Embassies, and trade shows around the world. We also publish this digitally. For information on how to participate in what will be a highly sought-after issue, please see the notice below or call us. 

The British Viewpoint of the UK-US Free Trade Agreement Negotiations: September 30 from 1:00 p.m. to 2:00 p.m.

Behind the scenes, trade talks between the US and the UK have continued. On September 30th, World Trade Center Delaware will host Antony Phillipson, the British Consul-General in New York and Her Majesty's Trade Commissioner for North America. He will present an up to the minute virtual discussion of the new UK-US Free Trade Agreement negotiations. Click here to register!

French Ambassador Visits Delaware

WTC Delaware assisted in the visit of H. E. Philippe Etienne, Ambassador of France to the United States, to Delaware on September 24 and 25th. He met with Governor Carney and toured Prominent Delaware landmarks with links to France and the duPont family such as Hale-Byrnes House, Winterthur and Nemours Mansion, met with business and cultural community representatives. At Hale-Byrnes, we discussed opportunities for cooperation between France and Delaware.  Ambassador Etienne is planning another visit to Delaware, either virtually or in person. Please let me know if you are interested in participating in the discussions about trade opportunities.
Pictured, left to right:
Stephanie Delamaire, Ph.D., Associate Curator, Winterthur; Carla Stone, President, WTC Delaware; Kimberly R. Burdick, Resident Manager, Hale-Byrnes House; Michael E. Scullin Counsel, Hon. Consul of France in Philadelphia and Wilmington; Mrs. Etienne; Ambassador Etienne; Herve’ J. Hoppenot, Chairman, President & CEO, Incyte Corporation; Francois Penguilly, Consul General.
WTC Delaware Now Offering Notary Services
World Trade Center Delaware now offers notary services in addition to preparation of Certificates of Free Sale. These services are by appointment only. 

Seeking COVID-19 Response Suppliers 
The Coronavirus is very much with us. Do let us know if you supply products or services to combat COVID and would like to be placed on the World Trade Centers Association list of suppliers. For more information on this, and other resources, please go to https://www.wtcde.com/covid-19.html. 

Mask up and stay safe!
World Trade Center Delaware Trade Finance Workshop at EXIM 2020 Annual
Meeting
 
Over 1,500 participants attended Export-Import Bank of the United States (EXIM) virtual 2020 Annual Meeting from September 9-11 where the World Trade Center Delaware’s (WTC Delaware) workshop “Trade Finance Tools for U.S. Exporters” was presented.
 
World Trade Center Delaware is a partner to EXIM under the Bank’s Regional Export Promotion Program (REPP) to expand opportunities for Delaware exporters. The workshop was part of WTC Delaware’s annual program of seminars and training designed to give companies, particularly small and medium exporters, access to information about working with EXIM. 
 
Taped live on July 22nd, the workshop featured previously prepared remarks from Delaware’s Senior U. S. Senator Tom Carper and EXIM Chair Kimberly Reed. During the virtual event, Chairman Reed explained how EXIM’s financing tools and resources can help American businesses to expand international sales, showcase their “Made in the USA” products, and sustain American jobs. She highlighted EXIM’s COVID-19 (coronavirus) relief measures for U.S. exporters and financial institutions, including U.S. small businesses. 
 
Senator Carper said, “By providing much-needed financing and other support to small businesses in the First State, the Export-Import Bank and the World Trade Center Delaware have helped those businesses expand and sell products ranging from aviation equipment to agricultural products overseas.”
 
Others participating in the webinar were:
Regina Gordin, EXIM Eastern Region Deputy Managing Director of Sales and Marketing.
Aerek Stephens, EXIM Business Development Officer.
Carla Sydney Stone, President of World Trade Center Delaware.

About EXIM:
EXIM is an independent federal agency that promotes and supports American jobs by providing competitive and necessary export credit to support sales of U.S. goods and services to international buyers. A robust EXIM can level the global playing field for U.S. exporters when they compete against foreign companies that receive support from their governments. EXIM also contributes to U.S. economic growth by helping to create and sustain hundreds of thousands of jobs in exporting businesses and their supply chains across the United States. In recent years, approximately 90 percent of the total number of the agency’s authorizations has directly supported small businesses. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt. For more information about EXIM, please visit www.exim.gov
Welcome to the 3rd edition of International Delaware® the yearly magazine of World Trade Center Delaware.
This year, we are focusing on agriculture, Delaware's largest industry. Agriculture, and the technology necessary to produce, process, transport, preserve, and market food, form the backbone of international trade for countries around the globe. Delaware is a leader in both agricultural production and the technology to deliver food quickly and safely to consumers. Our expertise in poultry production and processing is world renowned. Sussex County is the number one poultry producer in the entire United States. We also are the leading lima beans producer and rank in the top 10 for watermelon production. The Port of Wilmington has more dockside cold storage than any other port in the entire United States. Each year, delegations come from all over the world to learn about agriscience and precision agriculture from our companies, universities, and research institutions to help them improve seed production, cold chain, water and soil protection, aquaculture, and disease prevention and control, among many needs. International companies locate in Delaware to take advantage of our innovation nurturing environment. Please enjoy reading all of the articles. Be sure to contact us for more information and to learn how the World Trade Center Delaware can help you to achieve your business goals. To read/download your copy, please click the image above.
ANNOUNCEMENTS
World Trade Center Delaware Gala

POSTPONED!
A NEW DATE WILL BE ANNOUNCED!

Honoring

Secretary of State 

TRADE LEADS & TENDERS
WTC Delaware provides a full range of international trade-related services with an in-depth focus on export/import of services and manufactured goods.
 
  • GAMBIA: The Gambia Port of Banjul Redevelopment
  • COSTA RICA: Ministry of Education Broadband Expansion
  • PANAMA: Panama Canal Water Management System
  • SOUTH AFRICA: RFP for New Power Generation Capacity
  • PAKISTAN: Copper Wire Scrap and Copper Pipes
  • SURINAME: Development of Renewable Energy, Energy Efficiency and Electrification
  • THAILAND: Supply and deliver Power Transformer for transmission project
  • MOZAMBIQUE: EPC for Substation refurbishment
  • And more! 

PARTNER EVENTS
OUR PARTNERS
EXIM Approved 169 Small Business Authorizations Totaling $209.8 Million and Supporting 800 U.S. Jobs in August 2020

FOR IMMEDIATE RELEASE September 29, 2020

Media Contact Name/Phone: Office of Communications (202-565-3203)

WASHINGTON – In August 2020, the Export-Import Bank of the United States (EXIM) approved 169 small business authorizations totaling $209.8 million in 36 states and the District of Columbia that export “Made in the USA” products around the world, in support of an estimated 800 American jobs, according to the agency’s preliminary estimates.

“As our nation's economy continues to reopen with a renewed emphasis on creating American jobs, EXIM remains focused on ensuring small businesses succeed in exporting their ‘Made in the USA’ goods and services around the world,” said EXIM President and Chairman Kimberly A. Reed. “EXIM underscored that commitment during our recent Annual Conference by offering the first-ever small business track and by signing memorandums of understanding with the Minority Business Development Agency and the United States Department of Agriculture. Assisting our small businesses grow and thrive through exporting is a top priority, and we continue to encourage small business exporters to reach out directly to EXIM.”

The small business authorizations are posted online. In addition, of that $209.8 million in small business authorizations, $25.6 million went to support minority- and women-owned business. To date, since May 2019 when a quorum of the Board of Directors was restored, EXIM has authorized more than 2,000 small business transactions.


About EXIM Bank: www.exim.gov
USTDA Supports Wind Power in Mozambique

Maputo, Mozambique – The U.S. Trade and Development Agency expanded its support for Mozambique’s energy sector by funding two projects that will help deliver electricity to thousands of households through wind power and energy storage technology. The projects are among Mozambique’s first utility-scale wind power plants – a large step in expanding the country’s electrification.

“USTDA’s assistance will support Mozambique’s efforts to tap into its abundant renewable energy resources. These projects are prime examples of how USTDA uses innovative technology to promote access to electricity and economic growth in its partner countries,” said Todd Abrajano, USTDA’s Chief Operating Officer and Head of Agency. “Mozambique’s energy expansion will also create opportunities for American companies to supply quality infrastructure solutions that are built to last.”

USTDA awarded a grant for a feasibility study to help Ventos de Inhambane, S.A. develop a wind power plant with energy storage near Praia da Rocha. U.S. firm Delphos International, Ltd. will undertake the study.

“The valuable support USTDA is providing will enable the advancement of the Inhambane Wind Farm. USTDA is helping Mozambique expand its renewable energy sector, while providing much needed clean power and sustainable investment for the growth of the region,” said Bernardo T. Fernandes, Managing Partner of Enventure Partners, LLC, the majority shareholder of Ventos de Inhambane, S.A.


About USTDA: www.ustda.gov
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MEMBER BENEFIT SPOTLIGHT
STANDARD - $475 (1-49 employees), $825 (50-99 employees), $1,375 (100+ employees)

PREMIER - $2,675 
Click here to learn more about the benefits of being a member of World Trade Center Delaware. 
INTERNATIONAL BUSINESS TIP
What is Your HS Code?
Harmonized System (HS) Codes 

Among industry classification systems, Harmonized System (HS) Codes are commonly used throughout the export process for goods. The Harmonized System is a standardized numerical method of classifying traded products. It is used by customs authorities around the world to identify products when assessing duties and taxes and for gathering statistics.

The HS is administrated by the World Customs Organization (WCO) and is updated every five years. It serves as the foundation for the import and export classification systems used in the United States and by many trading partners.

The HS assigns specific six-digit codes for varying classifications and commodities. Countries are allowed to add longer codes to the first six digits for further classification.

The United States uses a 10-digit code to classify products for export, known as a Schedule B number, with the first six digits being the HS number. There is a Schedule B number for every physical product, from paperclips to airplanes. The Schedule B is administered by the U.S. Census Bureau's Foreign Trade Division.

WEEKLY INT'L JOB POSTS
Weekly International Job Posts: The latest 300 job opportunities posted on DevelopmentAid
 
To view all the up-to-date jobs, please click the link below:

ATID EDI's FORTNIGHTLY
ATID EDI's Fortnightly is a bi-weekly newsletter on economic and business development in Israel and the Middle East.


  • 1.1. East Mediterranean Gas Forum Charter Signed
  • ‎2.10. Dubai Airport Free Zone Authority Signs Agreement with FICC
  • ‎4.4.‎ Egypt Becomes First Arab Country to Issue Green Bonds with $750 Million Deal
  • ‎5.3.‎ Jordan's Traditional Retail Withers under Online Shopping Boom
  • ‎8.16. BGU Develops Wearable Device for Predicting Epileptic Seizures
  • ‎11.5.‎ UAE: The Rise of the UAE and the Meaning of MbZ
WORLD TRADE CENTERS ASSOCIATION NEWS
The World Trade Center Delaware, a not for profit organization, is Delaware's premier international business resource. We give our members the knowledge and opportunities to develop strong ties with buyers and suppliers around the world. As a member of the World Trade Centers Association, we provide resources in more than 90 countries, supported by 15,000 WTC professionals in over 320 WTCA member centers. The US Government, other countries, and international organizations have recognized World Trade Center Delaware's expertise. We are a member of World Trade Centers Association Member Advisory Council on Agriculture and a signatory to the Agreement. We have an Agreement of Cooperation with the Government of Mexico, and represent the US EXIM Bank in Delaware (REPP), and serve as USTDA's Making Global Local Partner. 
World Trade Center Delaware
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New Castle, DE 19720
ph: 302-656-7905
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