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International Trade and Foreign Direct Investment

certificate_of_originAs a business strategy, exporting promotes growth and stability within companies. The OH-PA-Region metro area exports approximately one quarter of its goods to international markets. Given its importance in our local economy, the Regional Chamber is committed to assisting companies with international trade whether attracting foreign direct investment or exploring exporting opportunities. 


NAFTA-USMCA
U.S. - MEXICO - CANADA TRADE AGREEMENT

November 7th, 2018

Dan Ujczo, Practice Group Chair - International & Regional Practices with Dickinson Wright Law, will discuss:

·     The most updated round of negotiations between U.S. and Canada
·     Tentative agreement details "USMCA" and the political backdrop
·     NAFTA transition to "USMCA", and its new clauses
·     The future of currently imposed tariffs on Steel, Agriculture, and other products (both ways)
·     Where do we go from here?

Cost $25, will include lunch and parking.

Contact Mousa Kassis for more information at  330.941.2145 or mhkassis@ysu.edu





ACE System - Automated Commercial Environment for Exporters!

Wednesday, December 5th 8:00am - 4:30pm

Whether you or your freight forwarder complete the EEI filing on the ACE system, accurate and correct reporting is mandatory for all U.S. exports.
The responsibility of intentional or unintentional mistakes is always the exporter's responsibility.

The Bureau of Industry & Security (BIS), the State Department, and the U.S. Census Bureau have the complete authority to access your data, review and monitor any errors, licenses, end-user information and much more to ensure exporters are in compliance. Learn how to catch your errors and mistakes before they do.

For more information, contact Mousa Kassis at 330.941.2145 or mhkassis@ysu.edu.


Space is limited.... Register before the January 11th deadline!

TRADE MISSION TO THAILAND & VIETNAM

MARCH 22-30, 2019

Join the Ohio-Pennsylvania Stateline Export Initiative (OPEI) for an international trade mission to Thailand and Vietnam. OPEI aims to market Ohio and Pennsylvania products and services to the world to increase industry exports.

  • Thailand and Vietnam rely on Northeast Ohio and Western Pennsylvania industries and services to grow their economies.
  • In 2017, trade reached $5.4 billion between Ohio/Pennsylvania and Thailand/Vietnam.
  • Thailand ranks as the U.S.’s ninth largest export destination among Asian countries. U.S. exports to Vietnam grew by 43.2 percent in 2016, the largest increase of the top 50 U.S. export markets.
Click Here for More Information
oh pa export initiative

Ohio-Pennsylvania Stateline Export Initiative

Focused on growing exports along with building foreign direct investment in the region, this ten-county program was founded in collaboration by the Regional Chamber, Youngstown State University-Export Assistance Network Office and Northwest Commission of Pennsylvania.

The ten counties border the Ohio and Pennsylvania state line and include Ashtabula, Columbiana, Mahoning and Trumbull in Ohio and Beaver, Butler, Crawford, Erie, Lawrence and Mercer in Pennsylvania.

The initiative offers programs and direct assistance specifically geared toward growing exports. Information services are also provided to assist foreign companies with their investment into the 10-county region.

Please visit the website for more information including events, contacts and opportunities.
 

Visit ohpaexports.com for more information

Take the Export Survey!

 

International Trade News

Cuban diplomats from Washington visit Valley

Apr 02, 2015
In anticipation of renewed trade relations between the U.S. and Cuba, the Regional Chamber and Youngstown State University are hosting two Cuban diplomats this week.
In anticipation of renewed trade relations between the U.S. and Cuba, the Regional Chamber and Youngstown State University are hosting two Cuban diplomats this week.

Deputy Chief Juan Lamigueiro and First Secretary Sergio Vazquez of the Cuban Interests Section in Washington, D.C., will tour two Valley companies and engage in trade discussions with local business representatives. Absent of diplomatic relations between the U.S. and Cuba, both nations, through an exchange of diplomatic notes, established “Interests Sections” in each other’s countries under the legal protection of the Swiss Embassies in Washington and Havana.

“This event falls directly in line with our regional effort surrounding the OH-PA Stateline Export Initiative,” said Regional Chamber Vice President of Economic Development, North America Sarah Boyarko.

The OH-PA Stateline Export Initiative, the culmination of six months of planning spearheaded by YSU’s International Trade Assistance Center and the Regional Chamber, was launched earlier this year. The two organizations melded their international trade efforts and joined forces with economic development agencies in 10 northeast Ohio and western Pennsylvania counties to create a worldwide trade strategy that turns the Valley into a more formidable economic engine.

“We are very pleased to have had the opportunity to partner with YSU, Attorney Luis Alcalde, and Dr. Milton Sanchez-Parodi to make this happen,” Boyarko added. “We foresee this being the first of many Cuba-related discussions and visits to expose our business community to exporting opportunities.”

Involved in the planning effort to bring the Cuban diplomats to the Valley were Alcalde, an attorney with Kegler Brown Hill and Ritter in Columbus, Sanchez-Parodi, president of Vista Trade Group in Poland, and Gabriel F. Palmer-Fernandez, director of the Dr. James Dale Ethics Center and professor of Philosophy and Religious Studies at YSU.

"The visit to YSU by two members of the Cuban diplomatic corps is a splendid opportunity for our students, especially those in international business, to learn about developing markets and to explore the role of politics and legislation in international trade,” Palmer-Fernandez said.

President Obama and Cuban President Raul Castro are scheduled to meet next week at the Summit of the Americas in Panama. It would be the first scheduled meeting between leaders of the two countries in nearly 60 years. Obama announced in December that the U.S. will normalize relations with the Communist island.

“U.S.-Cuba commercial relations are very likely to open in the near future, and with that come new opportunities for Ohio manufacturers and farmers to enhance their markets,” Palmer-Fernandez said.

The main sectors that are now permitted to export to Cuba are telecommunications; environmental, renewable energy and energy efficiency; construction and building materials for private residences and small entrepreneurs; equipment and tools for small entrepreneurs; agriculture and food; and travel companies.

The diplomats’ activities in the Valley include a meeting with all of the OH-PA Stateline Export Initiative partners so they can learn how their communities can increase their exporting to Cuba. The diplomats will also tour Vinylume in Austintown and Summer Garden in Boardman. Vinylume is a three-generation manufacturer of vinyl windows, vinyl extrusions and insulated glass. Summer Garden has a 10-acre campus that includes food manufacturing, research and development, quality assurance labs, warehousing and distribution, and a culinary arts center.

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