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February 29, 2008

List of Upcoming Events:

March 11:	International Trade and Kentucky's Global Outlook Briefing
March 12:	2008 Export Compliance Seminar
March 18:	INDIA Global Business Network
March 25:	RUSSIA Global Business Network
March 27:	KWTC's 2nd Annual Global Golf Scramble
March 28:	US-Korea FTA
April 1:	LATIN AMERICA Global Business Network
April 9:	Indonesian Ambassador Breakfast
April 15:	CHINA Global Business Network
April 15:	Import Procedures and Compliance
April 18-26:	Japan Study Mission
April 22:	EUROPE Global Business Network
April 22:	Complying With the European Union's New REACH Environmental Legislation
April 22 - 24:	Ninth Annual Global Automotive Conference
May 7 - 9:	Complying with US Export Controls
May 11-16:	China Sales Mission and Seminar Series
May 15:	Setting Up a Corporate Import and Export Compliance Program
June 5:	Credit, Hedging, and Taxes: International Issues for Every Exporter and Importer
July 20-31:	Australian Coal Trade Mission

Click Here for more information on these events

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Fairs & Exhibitions in China 2008

Click Here to view pdf file

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 Incoterms 2000 to be Revised:  ICC Needs Your Input by March 18

The International Chamber of Commerce (ICC) has decided to revise Incoterms 2000 and is seeking recommendations for change based on corporate feedback. Incoterms are designed to follow trade practice, not establish it.  For this reason, it is vital that they get up-to-date input on how business is actually done, and this can come only from people involved in trade.  Any critique of Incoterms 2000 must be accompanied by a suggested remedy.  

Please share this information with your international and domestic colleagues in sales, purchasing, transportation, legal, and credit. This revision is particularly important for Americans because Incoterms will eventually replace the commonly used U.S. "FOB here, there and everywhere" terms which were deleted from the Uniform Commercial Code.  The new Incoterms revision should be structured to make this as easy as possible. 

Kindly send your recommendations to Frank Reynolds at fjr424@aol.com , with a copy to cgmartin@uscib.org and susan.cook@louisvilleky.gov , no later than March 18.  Your suggestions will be forwarded to the Incoterms revision committee.   

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International Trade News:
Clinton, Obama Threaten to “Opt Out” of NAFTA Unless Renegotiated
U.S. Visit Looks to Boost Colombia Trade Pact
CAFC Upholds Exclusion of Canadian, Mexican Goods from Byrd Amendment
USTR Releases Statistics Indicating Possible GSP Changes
House Votes to Extend Andean Trade Preferences Through Dec. 31
Costa Rica Deadline to Implement DR-CAFTA Extended to Oct. 1
China Inflation Increases
Vietnam’s Currency Crisis Causes Headache
Dollar Falls to Record; Jobless Claims Rise, GDP Lags Forecast
Census Bureau Plans Changes to AES Record, Expects Mandatory AES This Spring
South Korea Losing U.S. Market Share: Report
U.S. Tops Thailand Exports
USDA Raises Forecast For Agricultural Exports

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KWTC Announcements:

The KWTC would like to announce their newest members:

Hunter Manufacturing	Lexington, KY
Kentucky Performance Products	Versailles, KY
Williams Financial Investigations, LLC	Lexington, KY

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*International Trade Leads:  Suppliers Needed*

The World Trade Center Confianza Gdl has a client in need of the following:

The WTC Confianza Gdl have a client interested in purchasing barrels of Tequila, preferably three or four 48' trucks.

Contact:
Ramiro Banuelos Rizo
WTC Confianza Gdl
maruintl@prodigy.net.mx

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The World Trade Center in Italy has a client in need of the following:

The WTC in Pescara-Chieti, Italy have a client interested in purchasing Jetropha oil. Moreover, he/she is interested in receiving information concerning palm oil, coconut oil and colza oil. Referring these latter kinds of oils, the client would like to request a sample, if possible, of the available quantity and respective starting prices.

Contact:
WTC Pescara-Chieti, Italy
Mr. Nicola Di Mascio
idimascio@wtcpescara.com

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Rent our Louisville Office Space for Your Next Meeting or Event!

If you are looking for a space to hold a professional conference, an intimate catered event or a business meeting, the Kentucky World Trade Center has the location to meet your needs. Located in downtown Louisville, attached to the KY International Convention Center, the KWTC office is a convenient location for your next event.

*A/V equipment such as projector, laptop and screen are available!
CLICK HERE for more details!

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Delivery of Your KWTC Weekly E-Newsletter

An increasing number of e-mail clients are using spam blockers that can affect delivery and display of some e-mail messages. To ensure delivery and proper display of your KWTC Weekly Update email, please add our e-mail address, kwtc@louisvilleky.gov, to your address book and safe sender list. Current and past issues of the Weekly E-News can also be accessed through our web site at www.kwtc.org/newsletter.php