Fall 2022 International Update


October 3, 2022

NEWS YOU CAN USE

EXPORTTECH™
ExporTech™ is a national export assistance program that helps companies develop customized plans to increase their export level. This effort is a joint effort of the Center for Industrial Research and Service (CIRAS) at Iowa State University, the Manufacturing Extension Partnership (MEP), the Iowa Economic Development Authority (IEDA), and the U.S. Department of Commerce.

“Most Iowa companies want to increase their overseas sales, but it’s hard to get started if you don’t know where to start,” said Marc Schneider, CIRAS project manager who manages the Iowa ExporTech™ program. . “We are training a cohort of four to eight companies per offer who participate in a mix of in-person and virtual sessions. Ultimately, they craft a bespoke international growth plan. The program is open to all businesses, including those that have started exporting as well as those that have not yet ventured into global markets. Read more.

STREAMLINING ENTRY REQUIREMENTS FOR TRAVEL TO ASIA
Following the COVID-19 epidemic, travel to Asia has been reduced or even suspended in certain circumstances. Visa restrictions and visa processing have become even more complicated. One solution, the APEC (Asia-Pacific Economic Cooperation) Business Travel Card (ABTC), helps streamline the process of entering APEC countries (the United States is a transitional member of APEC) and would be ideal for US passport holders who frequently travel to these countries. countries. Successful applicants receive a five-year ABTC which serves as an entry authority and are granted pre-clearance for short-term business travel of up to 60-90 days. Full member ABTC cardholders can make multiple short-term entries to APEC countries without having to apply for separate visas. You can apply for the card by logging into the US Trusted Traveler program website.

DOUBLE YOUR INTERNATIONAL FOOD/AG MARKETING BUDGET
International sales can be an important aspect of growth and an opportunity to diversify business strategy in an ever-changing landscape. To help support these efforts, the brand program can double your international marketing budget. IEDA is a member of Food Export-Midwest, whose mission is to help promote the export of food and agricultural products from its 13 member states throughout the Midwest.

The Food Export Brand Program was created to enable companies to extend their brand reach and promote their products internationally by increasing marketing budget with a 50% reimbursement of qualifying international marketing expenses, which include areas such as web development, market-compliant packaging, advertising materials, trade show exhibits and much more. For more information and to guide you through your registration needs, contact Brad Frisvold at [email protected]

IOWA RECEIVES STATE TRADING EXPANSION PROGRAM (STEP) FUNDS
The United States Small Business Administration has announced that the IEDA International Trade Office (ITO) has been awarded a STEP grant for the upcoming funding year. Applications for financial assistance are being accepted for eligible activities taking place through September 1, 2023. Click here for more information on ITO’s financial assistance programs for Iowa exporters.

TAIWAN AGRICULTURAL GOODWILL MISSION IN IOWA

On September 20, 2022, Iowa Governor Kim Reynolds, Iowa Secretary of Agriculture Mike Naig, Iowa Corn, Iowa Soybean Association, and IEDA hosted members of the Taiwan Agricultural Goodwill Mission to the State Capitol to sign letters of intent to purchase $2.68 billion of corn. and soy. Taiwan is Iowa’s 12th largest trading partner, with exports estimated at $305 million in manufactured and value-added goods in 2021. Read more about the visit in the press release.

IEDA WELCOMES A GROUP OF LATIN AMERICAN PROTEIN BUYERS

During the week of September 25, IEDA hosted a “LATAM Protein Buyers Business Delegation” to Iowa to help foster trade development and business opportunities for companies in the state. The trade delegation represented 10 organizations from Latin American countries interested in purchasing US beef and pork for export to their respective markets. Buyers had the opportunity to visit several beef and pork processing plants across the state, have one-on-one meetings with Iowa protein suppliers, and gain first-hand knowledge of the ‘Iowa State University, Iowa Pork Producers Association, Iowa Beef Industry Council. , and Iowa corn.

FOLLOW US ON LINKEDIN
Please follow the Iowa Office of International Trade for updates on activities, resources and services for Iowa businesses on LinkedIn.

UPCOMING EDUCATIONAL EVENTS

TRADE TALK SERIES: GLOBAL OPTIONS FOR IOWA
The ITO offers free webinars each month on a variety of topics relevant to Iowa exporters:

IoT COMMERCIAL EVENTS

CONSTRUCTION INDUSTRY TRADE MISSION TO INDIA

January 30 – February 3, 2023
India plans to spend around $1.5 trillion per year in the construction industry over the next 3 years (according to the National Infrastructure Pipeline report). The trip includes an initial market assessment of your business opportunity in India. Participants will also receive a tailor-made program with potential partners in New Delhi and Mumbai. The trip culminates with attendance at India’s largest construction industry trade show, Bauma/ConExpo. For more information, contact Joseph Rude at [email protected] or 515.348.6244.

AG TRADE MISSION TO JAPAN AND KOREA

February 18-25, 2023
This multi-segment trade mission to both countries will focus on Iowa’s livestock, poultry, grain and meat processing, as well as affiliated livestock and agriculture industries and associations. from Iowa. This business-oriented trip will provide participants with group meetings, industry development opportunities, cultural exchanges and export knowledge development. For more information, contact [email protected] or 515.348.6241.

TRADE MISSION TO KOREA

February 20-25, 2023
This trade mission is open to Iowa manufacturers and service companies in all industries. Korea is one of the best economies in the world and has become a reliable consumer of Iowa products. It is now Iowa’s 9th largest export market and Iowa’s share has grown over 15% annually for the past 2 years. Attendees will benefit from private, one-on-one meetings with potential customers and partners with the aim of developing sales channels in this dynamic market. IEDA’s in-country representatives make it an easy and efficient trip with expedited meetings with pre-qualified prospects. For more information, contact Joseph Rude at [email protected] or 515.348.6244.

VIV ASIA 2023 | Bangkok, Thailand

March 4-11, 2023

IEDA has an opening for an additional company to join the Iowa pavilion at VIV Asia, Asia’s largest and most comprehensive nutrition event and is considered a must for protein production professionals. animal. If the company qualifies for the SBA/STEP grant, it will receive turnkey exhibit space in the pavilion as well as booth interpretation and support from the IEDA Southeast Asia office, the all at a subsidized price. For more information, contact Joseph Rude at [email protected] or 515.348.6244.

AG TRADE MISSION TO THE PHILIPPINES AND VIETNAM

March 24 – April 1, 2023
This trade mission will focus on Iowa’s livestock, grain, and meat processing industries, as well as Iowa’s livestock and agricultural industries and affiliated associations. Vietnam and the Philippines are booming markets with an appetite for American agricultural goods and services. Agricultural exports of grain and protein products make both countries emerging opportunities to target, especially given the global turmoil in commodity markets. The IEDA team will develop a dynamic itinerary alongside industry partners, with coordinated meetings with government entities, commodity importers and agricultural interest groups to engage in business discussions. For more information, contact Brad Frisvold at [email protected] or 515.348.6241.

TRADE MISSION TO CHILE AND PERU

April 2023
This is a multi-industry trade mission and is open to all manufacturing and commercial businesses in Iowa. The Latin American countries targeted, Chile and Peru, are fast growing economies. Both countries have free trade agreements with the United States, which provide opportunities to reduce barriers and increase profitability. Companies will receive market studies, introductions to potential customers or partners, personalized itineraries and will travel in groups for business meetings. Registration will open soon and a limited number of places will be available. For more information, contact Andrea Smith at [email protected] or 515.348.6240.

RECENT HIGHLIGHTS

INTERNATIONAL AGRICULTURAL PROGRESS SHOW RETURNS TO BOONE, IOWA
For more than 50 years, the Farm Progress Show has connected farmers around the world with leading agricultural companies. Hundreds of exhibitors showcase the latest agricultural products and innovative agricultural technologies at this three-day outdoor event. The Farm Progress Show location alternates between Decatur, Illinois and Boone, Iowa every two years.

The IEDA Office of International Trade has partnered with the Ames Convention and Visitors Bureau, Visit Boone County and Catch Des Moines to host an International Trade Center. Located this year inside the Wallaces Farmer Hospitality Tent, international visitors benefited from a place to work or meet, interpretation services, Wi-Fi and charging stations, as well as assistance in navigating the show and exhibits. More than 40 countries were represented at the show, including Brazil, Argentina, Canada, Mexico and South Africa. The International Trade Center assisted hundreds of participants during the three-day event.

GUEST ARTICLES

AGRI-FOOD SECTOR IN SOUTHEAST ASIA

Submitted by: Orissa International Pte Ltd, Iowa Southeast Asia Representative
The food processing sector is an integral part of Southeast Asian economies and plays a major role in the region’s economic recovery from the challenges posed by the COVID-19 pandemic. Learn more about the industry in the six major Southeast Asian markets. Read more.

THE UKCA MARK REPLACES THE CE MARK IN THE UNITED KINGDOM

Submitted by: Yvonne Halpaus, QNET LLC – USA – EC Board
Read more.

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