Fri, September 5th, 2003
Rethinking Eurasia: Spotlight on Central Russia, Armenia and the Republic of Georgia
Institute of International Studies (MIIS)
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is planning a major conference in Northern California in November of 2003
with co-sponsor CalTradeReport
on how California's trade promotion community can 'pick-up-the-ball' for
the soon to be defunct California
Trade Technology Agency (CTTA).
MBITA would like to introduce its new corporate sponsor, Associated Foreign Exchange, Inc. (AFEX). International trade involves the exchange of different currencies. The trading and settlement of these currencies, or more usually bank deposits denominated in particular currencies, takes place in the foreign exchange (FX) market.
Today the Foreign Exchange Market is by far the largest marketplace in the world, operating 24/6 - twenty four hours a day, six days a week - with average volumes exceeding $1.5 trillion per day, as compared to $25 billion per day traded on the New York Stock Exchange.
Exchange has been providing its clients an economical and efficient means
of managing international payments since 1979. AFEX is based in Encino
California with offices in Beverly Hills, San Francisco, New York, Washington
DC and London. AFEX is licensed in 45 states and bonded by the California
Department of Financial Institutions. Unlike other financial institutions
where foreign exchange may be supplemental to their core business, AFEX
specializes in the business of foreign currency conversion and global
AFEX is represented in the Silicon Valley and Central Coast by Jim Faith, MBITA member since 1994 and currently serving on MBITAs Board of Directors. Jims experience with currencies and foreign exchange began while doing graduate Economic study on payment systems. He showed that online payment systems would increase the velocity of money and therefore decease the level of money stock required to service a given level of economic activity. Jim spent over 8 years in software engineering and management positions with cryptography and data security vendors before joining AFEX. Jim holds a BS in Physics from the University of Washington, a BS in Economics from the University of San Francisco and an MS in Economics from San Jose State University.
MBITA New Corporate Sponsor: Kaspar Computer Consultants
KCC is a full service computer shop serving the needs of the local Santa Cruz County market. KCC can bridge the gap between business and the internet by providing and maintaining the most current hardware and software at a reasonable cost.
KCC is full computer service provider serving the needs of Santa Cruz County and beyond that offers:
KCC keeps their services
up with industry developments and the ever changing needs of their customers.
KCC focus on custom services designed to meet the unique needs of their
customers, whether individuals or small businesses. KCC is offering a
30% discount to local Santa Cruz County businesses that would like
to become new KCC contract customers. The three month trial customer
support contract discounts their normal service pricing by almost 30%.
Regular onsite service is $70.00/hr. With this promotional offer it is
just $50/hr. This rate is cheaper than their regular home user rate. Business
days are Monday through Friday, excluding holidays. 24 x 7 emergency service
is available if needed. KCC
would also like to offer a 35% discount to MBITA members for a six month
trial contract period.
The Feather River Resource Conservation District (FRRCD) is excited to have become a new MBITA member and hopes for a mutually beneficial relationship in the future.
Districts (RCDs) here in California receive no funding from the state
unlike many other states/districts in the country and we are forced to
search for grants and/or other sources of funding to carry out many conservation
activities. One of their major goals was to try and establish a dependable
revenue source that could be sustainable and relied upon in the future
to carry out conservation projects.
Those organizations will cooperate with us to provide trade promotion services to the California company that is matched with the Korean business opportunity inquiry," said Livoti. "Songdo will distribute California business inquiries to qualified companies in the Incheon metropolitan region."
The entire process will be "click and mortar" through the TradePort site, said Livoti. "TradePort will be the starting point and platform for future cooperative ventures in global eCommerce between California and Incheon, Korea," he added.
The MBITA and Songdo will jointly develop the database technology that will qualify vendors according to company and financial history, as well as experience in global trade. Further database development will distribute the qualified leads to companies and potential partners in both the MBITA and Songdo networks.
The agreement also calls for both groups to jointly develop eCatalog technology for Tradeport that will allow visual presentations of products and services along with online solutions to faciltate all of the logistical and banking requirements for a successful global trade transaction, Livoti said.
The MOU, signed by Livoti and Dr. Young-Soo You, President of the Songdo Techno Park, stipulates that both intend to seek funding from private and public-sector sources to support the initiative.
Rethinking Eurasia: Spotlight on Central Russia, Armenia and the Republic
BISNIS representatives Polina Belkina (Moscow, Russia), George Isayan (Armenia), and Alexander Lotuashvili (Republic of Georgia) along with Washington-based international trade specialist Joan Morgan will make presentations. Tony Livoti, Executive Director of MBITA will also make a presentation on the new Global eCommerce Trade Portal (GTEP) project in the Russian Far East. He will also be available for one-on-one meetings with companies interested in specific projects or with questions related to the region. Speakers will discuss:
How U.S. companies in key sectors can capitalize on opportunities in
U.S. Department of Commerce BISNIS Program
BISNIS is the U.S. Government's primary market information center for U.S. companies exploring business opportunities in Russia and other Newly Independent States. BISNIS provides U.S. companies with the latest market reports and tips on developments, export and investment leads, and strategies for doing business in the Newly Independent States (NIS). Since opening in 1992, BISNIS has facilitated more than $3.2 billion worth of U.S. exports and overseas investments.
Belkina (BISNIS, Moscow, Russia stationed at the U.S. Embassy
Isayan (BISNIS, Yerevan, Armenia stationed at the U.S. Embassy
Lotuashvili (BISNIS, Tbilisi, Georgia stationed at the U.S. Embassy
Morgan (BISNIS, Washington, DC)
Lucchesi (Manager, Eximbank, San Francisco, Ca Branch)
MBITA Santa Cruz Chapter Luncheon California Homeland Security & Global Trade What to Expect
The second speaker, Michael White, Publisher/Editor of the CalTrade Report, gave a presentation about California's current role in the global economy and Homeland Security issues that face the international trade community in the sixth largest economy in the world.
John Leyden, Interim Port Director with the U.S. Customs and Border Protection (CBP), San Francisco, Department of Homeland Security, was the third guest speaker. Mr. Leyden discussed the creation of the U.S. CBP and its new mission: "to prevent the entry of terrorists and the instruments of terror into the U.S. while ensuring the speedy, orderly and efficient flow of lawful traffic and commerce." To this end, Mr. Leyden explained how CBP is accomplishing these goals though initiatives such as CSI, C_TPAT, and the 24 hour rule, which pertain to importing and exporting.
Monterey Chapter luncheon Global Trade Incubation, Featured
Presentations by New MBITA Members and Marina
Business Incubator Clients
The following companies gave presentations at the luncheon:
DeFeo Gehri Associates, specialized in aerospace and defense marketing/business development
Highland Soil & Water & Western Applied Technologies providing growers and managers with products and services to change from conventional management systems towards systems that are more sustainable, environmentally friendly, efficient and economical.
USAbalone located in Santa Cruz, Ca, the second largest abalone grower in the U.S. and the number one producer of abalone pearls in the world
Anzu Technology, importer of packaging machinery from Italy and Japan
California Coastal Rural Development Corporation , a California chartered Financial Development Corporation providing loan capital and other financial services to businesses and farms located on the Central Coast
MBITA and MSBI are planning quarterly virtual incubator meetings, where their members and clients can showcase their company products and services, obtain new trade leads and develop outreach to the business community through their respective networks.