What's Happening— 1/27/2022 Newsletter

By McNew, Leeannah posted 02-07-2022 11:51

  

Our January 27, 2022 What's Happening Newsletter features an opportunity to subscribe to 5 Minute Briefs from Seoul via Pennsylvania ATRs Korea's Office. It is a brief newsletter on the latest trends and information from Seoul. There is an opportunity to attend a webinar on export controls under export administration regulations and changes under export control reform. There are opportunities through USTDA for U.S. Firms who are interested in overseas projects. Lastly, there is still an opportunity to attend a trade mission to Israel. Have a great weekend!
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5 Minute Briefs from Seoul
The Pennsylvania Department of Commerce & Economic Development and Korea Business Services, Inc. have put together 5 minute briefs from Seoul that touch on Education, the Economy, Healthcare, Bio-Health, and Culture. The briefs aim to provide the latest trends and information regarding the Korean market. The newsletter will come out on a bi-weekly basis. 

The briefs will be available as emails or videos on YouTube. 

Watch January's 5 Minute Brief. 

Download January's 5 Minute Brief. 

Subscribe to the 5 Minute Briefs
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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 particular 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 International Traffic in Arms Regulations (ITAR) or other regulations are now controlled under the EAR. Use compliance to your competitive advantage! 

Who should attend? Anyone responsible for: 
- Logistics
- Export Compliance
- Shipping
- Purchasing
- International Supervisors and Manager
- Engineering, Research, and Development

This event will be held on February 9, 2022 from 10 to 11 a.m. 

Click here to register. 
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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
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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. 

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