Welcome to the
Northern California World Trade Center!
The
Northern California World Trade Center (NorCalWTC) is Northern
California's largest international business organization, affiliated with the World Trade Centers Association (WTCA) in New York
City.
The
mission of the NorCalWTC is to facilitate international business in Northern California by offering a one-stop-shop for
EDUCATION, RESOURCES, &
CONNECTIONS that
help businesses succeed in the global marketplace and advance citizen
diplomacy.
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the NorCalWTC on Facebook, sign up for email alerts and follow us on
Twitter!
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INTERNATIONAL
VISITOR LEADERSHIP PROGRAM (I.V.L.P)
The
NorCalWTC is pleased to announce that it is partnering with the U.S.
Department of State to provide local hosting services for high-level
foreign dignitaries visiting the U.S. For members of the community
wishing to get involved, there are volunteer opportunities available.
More I.V.L.P
information and past delegations.
RECENT &
UPCOMING DELEGATIONS - WINTER 2011:
Click
here to read about visiting delegations from
earlier this year.
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FRANCE
:
A
delegation from
France
will come to examine programs and initiatives aimed at improving
economic performance while minimizing harm to the environment in
order to review policies on environmental issues that affect urban
communities. In
Sacramento
the delegation will examine how individuals, community
organizations, businesses and local government work together to
provide services that address environmental concerns in urban
areas. Additionally
the group will work to increase the understanding of the
U.S.
approach to resource management and sustainable development
initiatives, including at the political and social levels.
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European Union and
Germany
: Mr. Felix
Bloch, General Director for Agriculture and Rural Development for
the EU commission is coming to explore U.S. Agricultural issues.
The main purpose of Mr. Bloch’s visit is to explore the wine
trade and look at some organizations that address
how state government advocates regulate this industry. Mr. Felix
Bloch will also visit vineyards and meet with people in the field.
In
Sacramento
, he will examine the state government angle of the wine Industry
and explore the wine research field at UC Davis.
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France:
In April, a group of French delegates, including the
Vice-President of Environmental Issues in the French Association
of Private Enterprise, the Deputy Mayor of Eco-neighborhoods in
Toulouse, the Head of the Office of Eco-Technology and
Competitiveness in the Ministry of Ecology and Sustainable
Development, and the Director of Economic Studies at the COE-REXECODE
institution, will be visiting Sacrament to enhance their
understanding of the U.S. approach to resource management and
sustainable development initiatives at the political and social
levels. In order to achieve this goal, they will examine different
programs, initiatives, environmental policies, as well as the
participation of individuals, communities, businesses and local
governments and the ways in which they can collectively work
toward improving economic performance, while minimizing harm to
the environment.
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Multi-regional project:
A multiregional group interested in the issue of Climate
Change is visiting Northern California to explore emerging U.S.
policies on climate change by learning about various advances in
renewable energy sources, markets, research and innovation. In
California, they are going to examine state government policies
and programs to develop and promote sustainable development,
alternative energy use and carbon consumption reduction,
state-of-the-art research on climate change and renewable energy
and grassroots and non-governmental organizations efforts to raise
awareness, to support the related research and develop new
programs.
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Poland
:
A delegation from
Poland
will be in
Sacramento
to gain a better understanding of transatlantic security and
U.S.
foreign policy. The meetings will provide insights into the
U.S.
political decision-making process, especially on foreign policy
and security issues discussing in particular U.S.-Polish bilateral
relations, including issues of mutual concern such as foreign
policy, regional security, and the role of NATO. The delegation
will also explore how civic engagement through individual
citizens, community groups, think tanks and lobbying associations
influences policy, and provide government accountability in the
U.S. The delegation
will be in
Sacramento
to share best practices in political party management in the
U.S.
, including leadership, coalition building, and campaign
management and to learn how congressional offices in local
districts are organized.
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European Union and Italy: As
Assistant to the Director General, Directorate General for Health
and Consumers in the European Commissions, Dr. Valletta is
responsible for overall coordination of the activities of the
European Commission’s Directorate General for Health and
Consumers (SANCO) in the fields of food safety, food and
veterinary controls, consumer affairs, public health, risk
assessment and animal health and welfare. During his visit to the
U.S.
, he will have the opportunity to meet experts and engage in site
visits to gain a better perspective on the way in which food
security is intricately linked to factors including: global
economic security, environmental security, energy security, and
political and strategic security. In
Sacramento
, Dr. Valletta will focus his attention on wine industry
regulation, organic farming and the sustainable agriculture
movement.
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Columbia
:
A
delegation from
Colombia
will visit
Sacramento
to examine the relationship between free trade and economic
development, as well as political and economic implications for
the
United States
and Latin American countries. In
Sacramento
the visitors will focus on the impact environmental problems have
on quality of life for people around the world dealing with the
trans-border challenges presented by global climate change,
pollution, overpopulation, deforestation and competition for
resources. The group
will also learn about
U.S.
efforts to protect the quantity and quality of surface and
groundwater supplies for a variety of competing uses at local,
state, national and international levels. This project will
familiarize the participants with the partnership between the
public and private sectors that addresses both environmental
protection and economic development and will provide a forum for
discussing the role of free trade in alleviating poverty and
fostering economic and social development in the region.
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Mongolia
:
A visitor from
Mongolia
will come to
California
to discuss US Banking Issues. Ms. Ulambayar Enebish is Senior
Supervisor at Mongolbank. Prior to assuming her present position,
she served in a number of supervisory positions at the same
institution. The purpose of her visit will be to examine the
banking system in the
United States
, including banking and financial sector regulation policy and
practices. Additionally,
she will learn about enforcement of prudential regulations by
regulatory agencies, anti-money laundering initiatives, and best
practices in banking transparency and disclosure.
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Recent
International Highlights and Points of Interest: |
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China
Boom Beginning to Show Cracks,
Analysts Say -
China
’s supercharged economy is beginning to slow. And soaring
inflation, rising labor costs and mounting local government debt are
threatening to weaken growth even more, analysts say. Several
economists in
China
have begun to lower their growth forecasts for this year and next
year to about 8.5 percent, from earlier forecasts of 9 percent to 10
percent, while also warning about the possibility of a sharp rise in
nonperforming loans at big state-owned banks. The
New York Times
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Shanghai
to ration electricity due to power shortage
- Offices and shopping malls in the Chinese city of
Shanghai
will be urged to close their doors on the hottest days of the year
this summer. The power rationing is necessary due to the country's
shortage of electricity. The electricity grid serving
China
's financial hub does not have the capacity to meet peak demand the
authorities say. BCC
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IMF:
Debt crisis ‘threatens to overwhelm’ Europe - The
mounting debt crisis in Europe “threatens to overwhelm” the
region’s economic recovery and could have a global impact if it
damages larger European countries, the International Monetary Fund
warned Monday in an unusually stark criticism of Europe’s policies
and policymakers. Calling for a major overhaul of how the 17 nations
that share the euro govern themselves, the IMF said in a paper that
the current crisis might end only when the euro zone comes up with a
convincing plan to ensure that economically weaker nations will be
supported by the stronger ones. The
Washington Post
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GREECE
PREPARES TO SELL OFF STATE ASSETS TO GET LOANS -
Greece
is
preparing to sell off billions of dollars worth of state assets
including airports, highways, state-owned companies as well as
banks, real estate and gaming licenses to meet international
lenders' demands that it raise funds.
CNN
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JAPAN
POSTED SECOND-LARGEST TRADE DEFICIT IN MAY -
Japan
incurred a deficit of 853.7 billion yen ($10.67 billion) in its
trade with the rest of the world in May as exports remained in the
doldrums, according to preliminary figures released by the Finance
Ministry on Monday. The
Journal of Commerce
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IAEA
considers nuclear safety rules after
Fukushima
-The UN's nuclear watchdog is holding a meeting aimed at
improving nuclear safety, in the wake of the accident at
Japan
's
Fukushima
plant. Officials from 150 nations are meeting at the International
Atomic Energy Agency (IAEA) offices in
Vienna
to discuss how to make nuclear more safe. BBC
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SWISS STOCKS DECLINE FOR
FOURTH DAY AS SYNGENTA, ZURICH FINANCIAL RETREAT -
Swiss stocks declined for a fourth consecutive day, extending their
losses into a sixth week, as European governments failed to agree on
a loan payment to spare Greece from default.
Bloomberg
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Somalia
:
PM Mohamed Abdullahi Mohamed resigns
-
Somalia
's prime minister says he has resigned, following an agreement
between the president and parliament to remove him from office.
Mohamed Abdullahi Mohamed had initially refused to step down, but
will now go "in the interest of the Somali people". BBC
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COMPANIES PUSH FOR TAX
BREAK
ON
FOREIGN CASH - Some
of the nation’s largest corporations have amassed vast profits
outside the country and are pressing Congress and the Obama
administration for a tax break to bring the money home.
The
New York Times
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Palestinian
Fatah-Hamas reconciliation talks 'on hold'
- A scheduled
meeting between Palestinian Authority President Mahmoud Abbas and
Hamas political leader Khaled Meshaal has been postponed, officials
say. Tuesday's talks in
Egypt
's capital,
Cairo
, were aimed at reaching consensus over a new reconciliation
government. BBC
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CHINA
QUIETLY TIGHTENING
GRIP
ON
OFFSHORE YUAN MARKET -
China
is working quietly behind the scenes to tighten its control of the
rapidly growing offshore yuan market, and risks turning off some
investors from participating in the market and slowing use of the
renminbi in global trade. Reuters
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Robert
Gates confirms US-Taliban talks in
Afghanistan
- Outgoing US
Defence Secretary Robert Gates has confirmed that the
US
is holding "outreach" talks with members of the Taliban in
Afghanistan
. Mr Gates said talks were "preliminary" but that a
political solution was the way "most of these wars end". BBC
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From
the Office of Congresswoman Doris Matsui -
Last week, the Department of Commerce and the Small Business
Administration joined together to unveil a new online tool to help
small and medium sized businesses begin exporting their goods and
services abroad. At the newly launched www.export.gov/begin,
you can find Six Steps to Begin Exporting,
which allows businesses to take a self-assessment to gauge their
readiness to export. This is followed by sections on training
and counseling programs, resources to create an export business
plan, information on conducting market research, assistance for
finding foreign buyers, and information on financing options.
During this time of economic recovery, the ability
for American companies to manufacture and sell their goods abroad is
essential. However, many companies do not know where to begin
when it comes to exporting. The federal government is working
to provide you with the tools you need to begin doing so. In
turn, by supporting businesses here at home, it will provide new
growth opportunities, incentives for job creation, and strengthen
our regional economy in the short and long-terms.
For exactly those reasons, the House of
Representatives passed with bipartisan support my Clean Energy
Technology Manufacturing and Export Assistance Act, which will
promote the domestic clean tech manufacturing industry and also
assist
U.S.
clean tech firms with finding and navigating foreign markets to
export their goods and services. Currently, our country is
running a trade deficit in green technologies ranging in the
billions, while countries like
China
and
Germany
are continuing to make strides in this area. With my bill, we will
develop a National Clean Energy Technology Export Strategy and
improve our ability to export clean energy technologies.
Investing in American-made technology and products
is a clear path to economic recovery and measurable job growth.
I will continue to work to strengthen our country’s export
strategy, and alert you to any tools which may be helpful to your
businesses.
For more information on how to begin exporting,
visit Sacramento's
Export Assistance Center or our local SBA
Small Business Development Center. For
additional information on my work to promote domestic manufacturing
and exports, visit matsui.house.gov/makeitinamerica.
If you have any questions, please do not hesitate
to call Congresswoman Matsui’s office at 916-498-5600.
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Work
begins on link between West Sacramento, Oakland ports -
Federal Maritime Administrator David Matsuda and public officials
broke ground today in
Stockton
on a project to launch an inland marine highway linking that city's
port with those in West Sacramento and
Oakland
. In February, the U.S.
Department of Transportation announced that it was awarding $30
million in stimulus funds to a partnership to launch the project.
The project, called the Green Trade Corridor, aims to develop
an eco-friendly water shipping route linking the three ports.
Container barge service is being touted as an environmentally
friendly alternative to conventional freight/cargo movement via rail
and trucks. Officials at
the three ports said the route will be used primarily to ship
consumer goods and agricultural products grown in
Northern California
.
West Sacramento
officials have said they want to use a portion of the federal funds
for a crane and other facilities to handle container cargo at the
local port. Sac
Bee
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Cargo
projects rolling
- Transportation officials are creating a regional strategy to
increase the volume of cargo moving in and out of the area as part
of an aggressive effort to help the economy get back on track.
From land to sea to air, efforts are under way to move more
goods more efficiently through and around Sacramento. Projects include improving rail service to
McClellan
Park
, deepening the deep-water channel to the
Port
of
West Sacramento
and attracting international carriers to Sacramento’s airports. The hope is to spur economic development with a more
cost-effective and efficient transport system. “The
opportunity in the region is just astonishing,” said
Michael Faust, president and chief executive of the Northern
California
World
Trade
Center. “We
need to think big, act strategically and pursue bold projects.”
Sacramento
Business Journal
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