Blogs

What's Happening Newsletter—1/20/2022

By McNew, Leeannah posted 01-20-2022 14:00

  

Our January 20, 2022 What's Happening Newsletter features an opportunity to attend a webinar on cybersecurity awareness through the U.S.-EU Trade & Technology Council. There is an opportunity to attend a webinar on export controls under export administration regulations and changes under export control reform. Additionally, there is a webinar on Hong Kong and the opportunities in innovation and technology. There are opportunities through USTDA for U.S. Firms who are interested in overseas projects. The Department of Commerce is hosting a webinar on Information and Technology Business Opportunities in India. Lastly, there is still an opportunity to attend a trade mission to Israel. Have a great weekend!
______________________________________________________________________________________________


The TTC Working Group on SME Access to and Use of Digital Tools cordially invites U.S. SMEs to participate in a cybersecurity awareness webinar on Tuesday, January 25, from 9 am to 11 am EST to learn from U.S. and EU cybersecurity trainers on:
 
  • Strategies that cybercriminals use to attack companies
  • What an SME can do to protect itself from cyber risks
  • How an SME can make its products and services cyber secure
 
Following the training, SMEs will have the opportunity to ask questions of the trainers, share best practices, and provide policy recommendations to the TTC leads from the U.S. Department of Commerce and the European Commission hosting the webinar.
 
Registration for the webinar, which is organized by the European Commission, can be found here, and simultaneous translation will be offered in English, French, German, Italian, Polish, Romanian, and Spanish. 

Register here. 
______________________________________________________________________________________________

Export Controls under Export Administration Regulations (EAR) & Changes under Export Control Reform (ECR)

How do I determine if I need an export license or if I qualify for an exemption? What is an ECCN? Who can help if I cannot determine the export classification? These are just some of the questions an exporter has to answer to ensure that they are in compliance with the Export Administration Regulations.

This program will; help you identify what has changed and the steps necessary to be in full compliance. Through a review of the regulations as they currently exist and particle examples the participant will gain an understanding of how to navigate the EAR , properly classifying their exports and obtaining the necessary Licensing and permission to export. You will learn about the new “600” series and other critical changes to the EAR.

Learn what has changed and what has not, see how to determine if items previously controlled under ITAR are other regulations are now controlled under the EAR. Use compliance to your competitive advantage!

Who should attend?

  • Anyone responsible for export compliance
  • Logistics
  • Shipping
  • Purchasing
  • International Supervisors and Manager 
  • Engineering, Research and Development

Register here.
______________________________________________________________________________________________

Hong Kong: A World of Opportunities in Innovation & Technology

Hong Kong is Asia’s new innovation hub. Join us to hear from InvestHK’s global heads of innovation and technology about the opportunities that are driving the technology sector in Asia’s world city.

Moderator:

Dimitris Horiatis, Senior Innovation & Technology Manager, InvestHK

Speakers:

Candy Nip, Director Hong Kong Economic & Trade Office, New York

Wendy Chow, Head of Information & Communications Technology, InvestHK

Andy Wong, Head of Innovation & Technology, InvestHK

This is a free event. To register for the webinar, click here. 
______________________________________________________________________________________________


There are a number of upcoming project opportunities for U.S. companies to bid on for overseas work through USTDA. The following projects are: 
  • An opportunity in the Dominican Republic for interested U.S. firms who specialize in technical assistance to support the development of regulations to enable the deployment of battery energy storage systems. 
  • An opportunity in West Africa for interested U.S. firms who specialize in power and working with power lines to run a 650-kilometer 225 kV transmission line and associated substation and distribution equipment from Côte d’Ivoire to Liberia.
  • An opportunity in Jamaica for interested U.S. firms who specialize in technical assistance to develop recommendations and manuals on international best practices in public procurement and strengthen the professional capacity of public procurement officials in Jamaica.
  • An opportunity in South Africa for interested U.S. firms who specialize in technical assistance who could assist the South African Health Products Regulatory Authority to increase the efficiency of pharmaceutical, medical device, and in-vitro diagnostic product registrations and approvals, in addition to capacity building training to support the Grantee’s use of reliance-based protocols in South Africa
  • An opportunity in Solomon Islands for interested U.S. firms who specialize in technical assistance for the proposed modernization of CBSI ICT infrastructure and core banking applications.
To read more about the different opportunities, click here.
______________________________________________________________________________________________

Sector Spotlight: ICT Business Opportunities in India

The Information and Communication Technology (ICT) sector and the Digital Economy are major economic drivers in India. Pennsylvania companies are encouraged to join this session to learn more about the tremendous opportunities in India’s ICT sector.

India aims to reach a $1 trillion digital economy and a $5 trillion GDP by 2025. 

  • India’s digital economy generates approximately $200 billion annually from information technology (IT) and business process management (IT-BPM), IT-enabled services (ITeS), e-commerce, electronics manufacturing, digital payments, and digital communication services.
  • India’s cybersecurity service industry is growing rapidly as the country’s digital economy and critical infrastructure sectors expand,

India has emerged as the second largest manufacturer of mobile handsets in the world. At 1.2 billion (1.18 billion wireless and 20 million wired), India has the second largest number of telecom subscribers in the world. India has 778 million (755 million wireless and 22 million wired) broadband subscribers. 

Technology investments by Indian enterprises in India grew from $38 billion in 2017 to $45 billion in 2021. 

  • Major drivers of this growth include digitalization and the modernization of services. The banking, financial services, and insurance (BFSI), manufacturing, retail, consumer packaged goods, media, and entertainment industries are all adopting digital innovations to transform their business models. 

Enterprises are adopting new tools and technologies such as chatbots, natural language processing, robotic process automation, cognitive analytics, security operations centers, internet of things (IoT), 3D printing, data analytics, cloud computing, artificial intelligence, connected vehicles, blockchain, and augmented/virtual reality to improve services and experiences for their customers. 

Pennsylvania companies are encouraged to join this session to learn more about trends and opportunities across India’s ICT sector and digital economy. 
 
Sector Spotlight: ICT Business Opportunities in India presented by our authorized trade and investment representatives, Ms Sushama Kanetkar and Ms Supriya Kanetkar.

For more information, click here. 

This session will be held on January 26, 2022 - 9:00 am - 10:00 am EST.

Register here. 
______________________________________________________________________________________________

Join the Conference of Great St. Lawrence Governors & Premiers' Trade Mission to Israel

Are you looking to grow your export sales? Consider joining GSGP's upcoming trade mission to Tel Aviv, Israel May 15-19, 2022. All participants will receive a pre-screened, customized, b2b meeting schedule with potential distributors, buyers and joint venture partners. Participants will also benefit from market sector briefings, networking events and logistical support. Various State export assistance grants are available that may offset from 50-75% of trade mission costs. Let the GSGP Israel Trade Office save you valuable time and resources, and maximize your results!

Why Israel?

  • The Israeli market is stable and highly receptive to Canadian and U.S. products and services. Both countries have enjoyed access to the Israeli market through free trade agreements established over 20 years ago. 
  • Israel has a thriving innovation ecosystem and is a global leader in number of startups outside of Silicon Valley. Best prospect sectors include agriculture, design and construction, energy, environmental technologies, information technology, and safety and security. Science and technology are significant drivers of the Israeli economy. 
  • In 2020 U.S. goods exports to Israel were $10.2 billion. Exports of services reached $6 billion in 2019. Two-way merchandise trade between Canada and Israel was valued at more than $1.6 billion in 2020. 
  • Top U.S. and Canadian exports to Israel include precious or semi-precious stones, vehicles and related parts, aircraft and related parts, electrical and industrial machinery, and medical devices.
Costs

Participation fee: In person: U.S. $1,500 per company and $500 each for additional participant. 

Market research & Customized Appointment Setting fees:
Israel: U.S. $3,200*
*Fee is complimentary for companies based in IL, OH, & PA. 
 

Grant funding is available in many States to offset mission costs by 50-75%.

Click here for more information. 

0 comments
3 views

Permalink