Gary Locke, now a prominent figure in the U.S. Government is charged with the responsibility of forming U.S. Commercial policy across the globe. Gary is a recent appointee into the Obama administration and career politician. Prior to his current position, Mr. Locke served two terms as the governor of Washington. Given his new role, the obvious question becomes: How will Mr. Locke’s policies impact global trade? Here are two points to consider:
globalEDGE Blog - By Tag: trade-north-america-conference-series
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As the Trade North America Conference continues, it is important to understand the nuances of the North American Free Trade Agreement (NAFTA) which make the implementation of NAFTA’s goals possible. One of the largest barriers to getting the agreement passed, and which still creates issues today are the legal issues surrounding the agreement, as well as how it deals with the differing legal systems of each of the countries involved.
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Why should a small business enter the Canadian and Mexican market? There are a plethora of opportunities in both countries. From a United States perspective, they are the largest foreign investor in Canada and the most popular destination for Canadian investment. The U.S. exports to Canada exceed their exports to the entire European Union. Mexico isn't far behind with the second largest market in the world for U.S. exports. In 2007, U.S. and Mexico two-way trade exceeded one billion dollars a day. I will briefly discuss both the challenges, potential, and strategies for entering both the Canadian and the Mexican market.
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An integral part of the Trade North America Conference are sessions about the North American Free Trade Agreement (NAFTA). It is essential to be educated about NAFTA in order to be able to expand your business in North America.
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The Trade North America Conference, happening in Detroit this week, is a great opportunity for the Midwest regional business community to learn about today’s trade climate. Underscoring the importance of the event, Undersecretary of Commerce, Dennis Hightower and former Governor of Michigan, John Engler will be speaking. The focus of the conference is to equip businesspeople with information which will enhance their ability to successfully export products to Canada and Mexico.