PRESIDENT'S MESSAGE
Dear Fellow Globalists,
I just stopped by VisAbility, one of our excellent visa offices in Salt Lake
City providing expert assistance to Utahns traveling
overseas.
Anna Martin reported that VisAbility is now processing hundreds of
passports, visas and other travel documents monthly because Utahns are
increasingly traveling abroad for business, travel and service opportunities.
This is exciting to know that we are expanding our horizons—and opportunities--
worldwide, and our World Trade Center Utah goal is to assist in any way possible
in these overseas adventures. Please visit our website at
www.wtcut.com for further helpful links.
Go Utah! Go Global!
Sincerely,
Lew Cramer

Compiled by
Adam Walden
Trade and Hosting Coordinator, Governor's Office of Economic Development
Subject: Energy
Largest Producers of Oil (million tones oil equivalent, 2003)
1- United States: 1,631.4
2- China: 1,380.8
3- Russia: 1,106.9
4- Saudi Arabia: 533.7
5- India: 453.1
6- Canada: 385.3
Largest Consumers of Oil (million tones oil equivalent, 2003)
1- United States: 2.280.8
2- China: 1,409.4
3- Russia: 639.7
4- India: 553.4
5- Japan: 517.1
6- Germany: 347.1
Sources of Electricity (% of total use, 2003)
Oil
1- Yemen: 100.0
2- Iraq: 98.5
3- Benin: 97.4
4- Jamaica: 96.9
5- Cuba: 94.3
Coal
1- Poland: 95.1
2- South Africa: 93.5
3- Estonia: 92.2
4- China: 79.4
5- Hong Kong: 77.7
Hydropower
1- Paraguay: 100.0
2- Nepal: 99.8
3- Congo-Brazzaville: 99.7
3- Congo-Kinshasa: 99.7
3- Mozambique: 99.7
Nuclear power
1- Lithuania: 82.2
2- France: 78.5
3- Slovakia: 57.7
4- Belgium: 56.7
5- Sweden: 49.7
Source: The Economist, Pocket World in Figures, 2007 Edition

WEB LINKS
International Trade Information
Dictionary of International Trade
Freight
Transportation Database
A Basic
Guide to Exporting
News and
Information Updates from the Export-Import Bank
Webinars
Provide Tips for Entering New International Markets
Export Institute USA
Export.gov Trade Leads
National Trade Data Bank
Eport.gov Country Database
Subscribe
to the Business Week Asia Insider
Subscribe to the
China Economic Review
Get the latest annual and
quarterly trade data with TradeStats Express
News and Audio in 33 Languages
The BBC
provides audio news broadcasts in multiple languages
U.S./Mexico Border Directory --
Provides
information useful for conducting business in the U.S./Mexico border region

DIRECTORY
-
AllBusiness
Directory
-
American Chambers of Commerce Abroad
-
Cargo Ports of the World
-
Seaports of the World
-
Centre for International
Trade
-
Global Business Centre
- International Finance
Corporation
-
Utah International Trade and
Diplomacy Office
-
World Trade Association of
Utah
-
Utah Consular Corps
-
Governor's Office of Economic Development
-
Economic Development Corporation of Utah
-
U.S. Commercial
Service--Utah
-
United States Trade and
Development Agency
-
Overseas Private Investment
Corporation
-
Inter-American Investment Corporation
-
U.S. Export-Import Bank
-
List of Russian Businesses in Utah
-
International Import Export
Exchange
-
Foreign Trade Online
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Volume 1 Number 13
KUDOS
Utah Hispanic Chamber
to Receive Award
The Utah Hispanic Chamber of Commerce will be awarded the
Medium-sized Chamber Award of the Year at the U.S. Hispanic Chamber of Commerce
national convention in Puerto Rico, Sept. 19 - 22.
Ms. Silvia Norman, Wells Fargo Bank - Utah, Vice President - Latino
Manager, will also receive the Corporate Advocate of the Year Award at the U.S.
Hispanic Chamber of Commerce national convention.
INTERNATIONAL TRADE
Peru and Columbia, Export.gov's Markets of the Month
Peru
Long identified with the famous Inca ruins of Machu Picchu and other
remnants of its ancient civilizations, Peru is taking on a new identity
as one of Latin American’s most dynamic economic and trade centers, and
as an increasing important market for American firms.
Fueled by strong economic growth, Peru represents one of the most
rapidly expanding global markets for American exporters. Over the past
six years, Peru has achieved GDP growth rates averaging five percent,
reaching 8% in 2006. High mineral prices, fiscal austerity and
agricultural exports that benefited from the Andean Trade Promotion and
Drug Eradication Act (ATPDEA) contributed to Peru’s excellent economic
performance.
Leading sectors for U.S. exports and investment:
- Plastic Materials and Resins
- Mining Industry Equipment
- Oil and Gas Field Machinery
- Food Processing and Packaging Equipment
- Security and Safety Equipment
- Pollution Control Equipment
- Drugs and Pharmaceuticals
- Airport and Ground Support Equipment
- Hard Red Wheat
- Soybean Meal
(Read
more)
Colombia
Colombia, home to nearly 43 million, is the third largest country in
Latin America in terms of population and fourth in terms of size.
Considered the crown jewel of Simon Bolívar’s military campaigns, the
Republic of Colombia, encompassed Ecuador, Venezuela and New Granada when
it achieved independence from Spain in 1819.
Ecuador and Venezuela separated from the union in 1830 and in 1886, the
country became the United States of Colombia.
According to the Latin America Trade Coalition, more than 8,000 U.S.
companies export to Colombia, 84 percent of which are small and
medium-sized firms. According to the Department of State, at least 250
U.S. companies have business operations in nearly every sector of the
Colombian economy. During 2006, US imports from Colombia reached $9.2
billion, and exports from the United States to Colombia totaled $6.2
billion. Colombia is currently the 29th largest trading partner for U.S.
goods.
Leading sectors for U.S. exports and investment:
- Industrial Chemicals
- Safety and Security
- Telecommunications Services
- Plastic Materials and Resins
- Automotive Parts and Accessories
- Air Cargo Services
- Travel and Tourism
- Software Services
- Oil and Gas Machinery and Services
- Pollution Control Equipment
(Read
more)
* * *
MCC Approves $285 million Compact with Mongolia
Millennium Challenge Corporation’s board of directors has approved a
five-year, nearly $285 million Millennium Challenge Compact with Mongolia
to alleviate poverty there by stimulating economic growth.
The Compact with Mongolia will invest in the efficiency and capacity of
the country’s critical rail system, the backbone of Mongolia’s economy.
MCC is also working with Mongolia to improve the ability of Mongolians to
register and obtain clear title to their land, expand vocational education
in core technical skills, and focus on the health and well-being of the
labor force by reducing non-communicable diseases and injuries. (Read
more)
* * *
Looking to Export? Think Regionally!
Source: Export.gov
When Stewart Dahlberg, International Sales Manager of J.D. Streett and
Company, Inc., of Maryland Heights, Missouri, was looking to boost his
international sales, he found a partner in the U.S. Commercial Service and
its St. Louis Export Assistance Center. A manufacturer of automotive
lubricants, Streett made new-to-market sales in Panama by tapping into
export counseling, trade leads, and the Gold Key Service, which provides
pre-arranged business appointments in overseas markets. Once established
in Panama, Streett was able to facilitate exponential sales growth
throughout Central America.
Today, more and more small and mid-sized U.S. companies are following
Streett’s example by thinking regionally: First establishing a presence in
an international market, then expanding sales into neighboring countries.
(Read
more)
TECHNOLOGY
University of Dusseldorf Orders Cancer Treatment System from
BSD Medical
Salt Lake City's BSD Medical Corp. has announced that it has received an order
for a new BSD-2000/3D/MR system to be installed at the University of Dusseldorf.
The purchase was made possible by a multi-million Euro donation from the
Parents’ Initiative Pediatric Cancer Clinic.
The new BSD-2000/3D/MR system further enhances the treatment capacity of the
clinic and integrates a BSD-2000/3D Deep Regional Hyperthermia System with a
Siemens Magnetom Avanto Magnetic Resonance Imaging (MRI) unit. The system is a
joint effort in cooperation with Siemens Medical Solutions.
(Read more)
* * *
Corda Technologies’ Dashboard Technologist Presents Graphics Research Paper at
Conference in Germany
Kenric B. White, an expert Dashboard Technologist at Corda Technologies,
presented a graphics research paper at the Symposium on Interactive Ray Tracing 2007 in Ulm, Germany
on Sept. 12. The paper, which was co-authored by Mr. White, David Cline of
Brigham Young University and Arizona State University, and Parris Egbert of
Brigham Young University, presents a novel way to create Poisson disk
point sets. A Poisson disk point set is a sampling method that produces a
well-distributed, uniform sample. Current methods used are very time consuming.
There have been some new methods published recently that speed the process, but
are complicated. The new method proposed by Messrs. White, Cline and Egbert is
not only up to 271 times faster than the latest, state-of-the-art methods, but
is significantly simpler as well. (Read
more)
SEMINARS
Learn About International Banking
The World Trade Association of Utah invites you to an
international banking presentation with Mark Garfield, Zions First
National Bank, and Bill Gilbert, American Express, on Friday,
September 21, 2007.
Garfield has 25 years in banking with 16 years experience in international
banking. He has specific training in trade finance, foreign exchange,
letters of credit operations, international payment systems and
correspondent banking. He has expertise in SBA, Department of Agriculture
and EXIM Bank programs that support foreign sales. He is a member of the
World Trade Organization of Utah, District Export Council, University of
Utah International Host Family and the Utah Council of Foreign Relations.
He holds a bachelor of science degree in international business from the
University of Colorado.
Gilbert is a seasoned international banker with a unique combination of
operational, product, credit and relationship skills. In his 14 years of
experience he has been based in New York, London and Los Angeles.
Currently, Gilbert serves as American Express Bank Ltd.'s representative
in Los Angeles, where he is responsible for marketing global, wholesale
international products to regional banks in the western US. In this role
Gilbert serves as a single point for AEB's vast global network, helping
banks and their clients execute transactions in unfamiliar markets. He
sits on the board of the International Banker's Association of California.
When: Friday, September 21, 2007
Where: Little America Hotel & Towers, 500 South Main Street, Salt Lake
City
Time: 12:00 – 1:30 pm (lunch)
Cost: Non-Member rate: $30.00 (to include both the presentation and
lunch).
Paid-Members: Depends on your membership status. For membership
information, please email us at
info@WTAofUtah.com
To RSVP, please call Jennifer at the Global Management Center at
801-422-6495 and be ready with your name, company, email address and phone
number, or email the preceding information to
info@WTAofUtah.com. All RSVPs are
due by 5:00 p.m. on Wednesday, September 19, 2007.
Any cancellations after Wednesday or failing to attend the meeting will
result in an invoice for the cost.
* * *
Free Conference on Protecting Your Intellectual Property in China and
the Global Marketplace
The United States Patent and Trademark Office is sponsoring a two-day,
free program on "China's Impact on Intellectual Property: Protecting Your
Intellectual Property in China and the Global Marketplace", to be held on
Wednesday and Thursday, September 19-20, 2007 at the Hyatt Regency Crown
Center in Kansas City, MO. (Read
more)
|
HEADLINES
Cedar City Area Chamber of Commerce to host trade trip
to China
Doing business
internationally is becoming more and more important, even for smaller
businesses right here in Utah's Festival City. That's why Donna Brown, Cedar
City Area Chamber of Commerce executive director, ran with the opportunity to
take local business people overseas as soon as it became available. (The
Spectrum)
Best-Selling Business Author, Guy Kawasaki, to Speak in Utah at November
1 Event
Best-selling author and business visionary Guy Kawasaki will speak to Utah
executives on November 1 at an event presented by Doba and co-sponsored by
Connect magazine and the Utah Technology Council (UTC) at the Health Science
Center at Salt Lake Community College’s Jordan Campus, 3491 West, 9000 South.
Kawasaki will discuss “How to Innovate and Change the World.” (Read
more)
Sorenson Legacy Foundation Donates $6 Million to University of Utah’s
David Eccles School of Business
The Sorenson Legacy Foundation, a charitable organization established by the
James LeVoy Sorenson family, has donated $6 million to the University of
Utah’s David Eccles School of Business for the creation of an
interdisciplinary center for the study of discovery and innovation. (Businesswire)
(Deseret
Morning News) (Salt Lake Tribune)Linux Lifts Novell
Novell shares have sputtered since 2004, but strong sales of Linux tools
suggest a turnaround is at hand. (Forbes)
Sorenson Genomics Quintuples Laboratory Capacity to Fulfill Rising Demand
for DNA Testing Services
Sorenson Genomics, a leading global provider of DNA-related testing services,
has announced that it is expanding its facilities to increase capacity
five-fold in order to meet sharply increasing demand for the company's
industry-leading testing services. (Press
release)

Compiled by
Elizabeth Goryunova
Director, International
and Executive Relations
Salt Lake Chamber
Country: France
French shake hands (light grip, quick shake) upon greeting and parting.
Traditional greetings in France are: Bonjour! (Good day), Comment
allez-vous? (How are you?); informal Salut, (Hi), Ça va?
(How are you?). Courtesy titles are Monsieur (Mr.), Madam
(Mrs.). Professional Titles are used in the business environment, which is
very hierarchical. Business cards (the other side translated into French) are
exchanged after the initial introductions. Wait until you are invited before
using someone's first name. Maintain direct eye contact while speaking.
Appointments are necessary and should be made at least 2 weeks in advance;
avoid July and August (reserved for vacation). Meetings are to discuss issues,
not to make decisions. Decision making happens at the highest level of
business hierarchy. Business attire is formal. Businessmen do not loosen their
ties or take off their jackets in the office. In general, the French dress
with great style and care, on the conservative side (avoid bright colors), and
appreciate when visitors show the same degree of care to appearance.
Gift giving is not the norm in business culture, but for social events gifts
are expected. Good gifts are the ones associated with intellectual pursuits.
Do not include your business card with a gift, it would breach French business
etiquette. Flowers should be given in odd numbers (Except for unlucky 13).
Avoid red roses (associated with love), white lilies or chrysanthemums
(associated with funerals), red carnations (bad will). Gifts are opened right
away. Do not drop in uninvited. If you are invited to a French house for
dinner, under no circumstances should you arrive more than 10 minutes later
than invited. Wait to be told where to sit, do not place feet on tables and
chairs. French cuisine is famous and formal dinner might consist of 8 to 12
courses. Lettuce is not cut, but folded with fork. Fruit is peeled and sliced
before eating. Your hands should be always above the table, never in your lap;
you can rest your wrists (but not your elbows) on the table. Bad manners:
speaking with hands in pockets, chewing gum in public, using personal items
(comb, handkerchief etc) in public.
CALENDAR
Do you have a
calendar item you'd like us to publish in the newsletter?
Click here to email it to us.
September 18 - 19
--
Fourth China Branding Roundtable
Seminar to be held in Bejing, China
Oct. 4 - Dec. 13 --
Executive Certificate of Global
Business Management” course at the Miller Global Business Center. Contact
Stan Rees of the Miller Global Business Center, Salt Lake Community
College, (801) 957-5556 or email: stan.rees@slcc.edu
to register.
October 27-November 3
--
GOED Trade
Mission to India
Oct. 12 --
Middle East North Africa Business Information Center Seminar
Oct. 29-Nov. 9 -- GOED East Asia
Trade Mission.
Those interested should contact Lu Chang at
CLU@Utah.gov for an application and additional information.
Salt Lake Chamber's events calendar
Utah International Calendar
Suggestions for this Newsletter?
Do you have a Utah-related international calendar item, story, or
content suggestion? We welcome your input. Please feel free to email
your information to Exoro
International.
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