TradePost: October 15, 2008

Dozens of international trade officials and business leaders will be on hand Nov. 5 for World Trade Day 2008, a program organized by the Kentucky World Trade Center (KWTC).

The event comes as the KWTC observes its 20th anniversary as a membership organization focusing on taking Kentucky to the world. A leading provider of trade services, the center has offices in Lexington and Louisville to help the Commonwealth’s businesses export their products and services to customers worldwide.

This year’s World Trade Day will feature Ron Somers, president of the U.S.-India Business Council. The council works to strengthen commercial ties and deepen two-way trade between the nations and partners with leading industry and trade associations in Indian to serve as a direct link between business and government leaders. Somers will present A Case for Deeper U.S.-India Ties: Challenges and Opportunities during the gala dinner.

To register for World Trade Day 2008 – which also includes seminars on streamlining international operations and challenges and opportunities in the global trade environment – click HERE.

KWTC welcomes Russian delegation

The Russian delegation meets with Mayor Jim Newberry of Lexington.
From left: Anton Karminskiy, Diana, Mayor Newberry, Yuliya Khadartseva,
Leyla Ismailova, and Jenya (interpreter).

Last week, a delegation visited Lexington on an in-bound trade mission from Russia. The trip was made possible through a grant from OpenWorld, a program that strives to increase understanding and cooperation between the United States and leaders of Eurasia and the Baltic States. KWTC partnered with KCTCS (Kentucky Community and Technical College System) to host the delegation.

During their visit, the group met with representatives of Commerce Lexington, Greater Louisville Inc, and visited several companies including Toyota and Lexmark. They also had the opportunity to meet Mayor Jim Newberry of Lexington and tour several areas of the Lexington-Fayette government center.

The Russian delegation spends time at the KWTC. From left:
Diana Sedeleva, Anton Karminskiy, Yuliya Khadartseva,
Governor Collins, Leyla Ismailova, and Ying Juan Rogers.

International Trade News :

Congress approves revised bill to extend GSP, ATPDEA
The House and Senate both approved last week an amended version of legislation (H.R. 7222) that includes a number of provisions concerning unilateral trade preference programs. More...

Delayed enforcement of mandatory AES filing requirement
According to sources, enforcement of the requirement for export data to be filed through the Automated Export System is being delayed. More...

Shipment reference numbers in AES
The Census Bureau issued Sept. 26 a memorandum (Foreign Trade Regulations Letter No. 2) stating that the reuse of shipment reference numbers in the Automated Export System is now prohibited. More...

State Deptartment bans defense exports to Eritrea
The State Department has issued a final rule, effective Oct. 1, that adds Eritrea to its regulations on prohibited exports and sales to certain countries. More...

Electronic certificates of conformity under consideration for consumer goods
The Consumer Product Safety Commission is considering the use of electronic certificates to meet the certificate of conformity requirement under the Consumer Product Safety Improvement Act of 2008 (see ST&R’s Oct. 6 advisory for more details on this requirement). More...

New mandatory CPSC import documentation requirements effective November 12
New import requirements for consumer goods will take effect Nov. 12 as a result of the Consumer Product Safety Improvement Act of 2008, which became law Aug. 14. More...

BIS announces five regulatory updates
Proposed rule to amend the Export Administration Regulations (EAR) to establish a new license exception entitled "Intra-Company Transfer (ICT)." More...

US influence in Latin America eroding, trade affected
In a matter of weeks, a Russian naval squadron will arrive in the waters off Latin America for the first time since the Cold War. More...

Featured Trade Lead :

OHCO Inc, out of Covington, GA, has mattress ticking fabric for sale. They have 300,000 yards of 90-inch-wide woven and knitted mattress ticking fabrics for sale at very cheap prices. These are overruns and seconds from USA Manufacturers. All fabrics can be inspected in company warehouse in Covington, Georgia, USA (only 45 minutes from the Atlanta International Airport). More info about OHCO Inc can be found on their website, http://www.ohcoinc.com.

For more information, please contact Mr. George Hart, President of OHCO, at 770-786-4887 or at gwhart@ohcoinc.com .

KWTC News :

The world comes to Kentucky on November 5

KWTC welcomes Russian delegation

Featured Events :

Trade Corner :

Going Global?
Four Essential Elements
by Joel DiGirolamo