Advisory Consulting

AfCFTA🌍 African Continental Free Trade Area

✈️ African Continental Free Trade Area

The African Continental Free Trade Area (AfCFTA) is expected to transform African economies and lead to an increase in intraregional trade and inward investment. There is much progress in negotiations but the ultimate benefits depend on the way AfCFTA commitments are implemented. National AfCFTA Implementation Committees (NICs) can help in this endeavor.

The year 2023 is the African Union (AU) Year of Acceleration of AfCFTA Implementation. In line with the Decision of the 31st Ordinary Session of the Assembly of Heads of State and Government of the African Union (the AU Assembly), held on 1–2 July 2018 in Nouakchott, Mauritania, Member States are required to set up NICs to facilitate implementation of the AfCFTA Agreement.

The primary objective is to boost intra-African trade. “Intra-African trade currently represents only 15% of the continent’s total trade, compared with 58% in Asia and 67% in Europe” (source: UN). The World Bank estimates that the implementation of the AfCFTA will boost intra-African trade volumes by 52.3% by 2025, as well as revenues for Africa and the rest of the world.

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More Topical Readings

First, AfCFTA implementation structures will need to be designed in ways that align well with existing trade negotiations and implementation structures. Second, the AfCFTA is not only a Free Trade Agreement but also a trade strategy involving a range of complementary instruments that address implementation, monitoring, payment systems, adjustment, and industrial policy.

This has led to much interest in Member States in what effective NICs look like and what they do. The role of the AfCFTA Secretariat in supporting the formation and operation of NICs is paramount. Two features associated with the AfCFTA project are important for implementation.

This briefing, aimed at the AfCFTA community concerned with implementing the AfCFTA, identifies appropriate institutional forms for NICs as well as 10 core functions that effective implementation agencies will carry out. It also outlines a potential five-step AfCFTA template for effective NIC formation and operation.

From negotiations to implementation: Building Effective AfCFTA National  Implementation Committees

https://au-afcfta.org/wp-content/uploads/2023/04/ODI-AfCFTA_NICs-PolicyBrief-1

The African Union’s observations on the AfCFTA augur well for sectoral opportunities for businesses worldwide. Indeed, the institution behind the AfCFTA has made a number of recommendations to ensure that the initiative is properly implemented and achieves its stated projections.

According to the African Union, massive investment will be required in many sectors of African economies. The first and foremost need announced is for investment in improving the continent’s infrastructure. This financing requirement has been identified at between 130 and 170 billion dollars per year (source: AU), and the African Union is calling on governments to give priority to partnerships with the private sector and the transfer of technology on a global scale to modernize infrastructures.

On a sectoral level, opportunities have been identified in manufacturing, a sector that still contributes too little to Africa’s GDP, but whose growth forecasts have tripled following the implementation of the AfCFTA. The African Union particularly insisted on the priority of developing certain sectoral industries such as agro-processing, pharmaceutical manufacturing, green technologies, and mineral processing.

Finally, particular attention is to pay to digital trade and all the technologies that are revolutionizing the way we do business today. Fintech solutions, mobile money and other digital tools for commerce are developing rapidly on the continent and require further investment and innovation.

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Economic Integration and Eco-Financial Digitalization of Africa

Startups in Morocco and in many African countries still face a few challenges. The major one is the lack of a pipeline of talented engineers and business course-related graduates. Startups have been forced to settle for less impressive talent because they can not compete with the pull of more established traditional companies.

🌎🌐🌍 What You Need to Learn and to Know? 

Pre-seed to Exit program is designed for entrepreneurs looking to acquire direct experience in: Developing a plan for an investable project Accurately

🌐 Read more Startups and Innovation

In 2021, the combined GDP of the 54 African countries was less than 15% of the GDP of the United States. The continent is made up of many relatively small countries, economies and markets, which is a disadvantage on the global stage, where countries with huge populations and GDPs wield the most influence.

Deeper economic integration in Africa paves the way for shared prosperity and greater global influence. Regional integration, similar to that of the European Union, has been cited as a key element in creating stability, fostering the growth of economies, improving market efficiency, sharing the costs of major infrastructure projects and ensuring peace and safety. And as the world becomes more digital every day, digital integration is essential for successful regional integration.

In this context, “digital integration” refers to the creation of shared systems and standard rules for digitalization across Africa. This involves digital cooperation, particularly in the areas of finance, governance and security. In practice, digital integration will include concepts such as a harmonized digital financial system, consistent laws across the continent for digital activities, and shared regulatory technology such as identity verification, e-taxation, and business registration systems. in Africa.

Partnerships with the private sector, building interoperable systems, and attention to electrical and Internet infrastructure are three key ideas that could help accelerate this digital integration.

Read more at : Lanre Ogungbe: September 07, 2023, Accelerating Digital Integration in Africa, Harvard Business Review.

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JOIN OUR GROUP AT LINKEDIN: AFRICAN-MOROCCAN DIASPORA WORLD-CLASS EXECUTIVES

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Define your objectives

Before you start gathering market intelligence, you need to have a clear idea of what you want to achieve and how you will use the information.

Do you want to enter a new market, launch a new product, or improve your customer satisfaction?

What are the key questions you need to answer and the metrics you need to track?

How will you communicate and apply the insights to your strategy and actions?

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TRI CK USA will take a look at both sides of the fence: The Market and the Enterprise

Having a well-defined objective will help you focus your research, prioritize your sources, and measure your results.

TRI CK USA will help you respond and prepare all these steps and not just to find their answers but more importantly will use them as solutions made of materials and instruments that enable the building of the strength of the client project or the client entreprise in the marketplace.

Define your objectives

Before you start gathering market intelligence, you need to have a clear idea of what you want to achieve and how you will use the information.

Do you want to enter a new market, launch a new product, or improve your customer satisfaction?

What are the key questions you need to answer and the metrics you need to track?

How will you communicate and apply the insights to your strategy and actions?

TRI CK USA Approaches and Solutions

Having a well-defined objective will help you focus your research, prioritize your sources, and measure your results. TRI CK USA will enable you harmonize and validate all the needed techniques to reach an understanding of the expectations and the structure of a given market, local regional or international.

TRI CK USA priviledge the mix approach to build a diverse and stronger strategy to provide our clients with all the information they need and this in form of business intelligence that facilitate for the Leaders and the Decision-Makers to apply and manage their operations with instruments that are customized and adaptable to the needs of the enterprise:

TRI CK USA uses a mix of primary and secondary sources, qualitative and quantitative methods, and internal and external data.

Definition of the Tools used by TRI CK USA

Primary sources are those that you collect directly from your customers, competitors, or industry experts, such as surveys, interviews, focus groups, or mystery shopping.

Secondary sources are those that are already available from other sources, such as reports, publications, websites, or databases.

Qualitative methods are those that explore the opinions, motivations, and behaviors of your target market, such as observation, content analysis, or case studies.

Quantitative methods are those that measure the size, growth, and trends of your market, such as statistics, surveys, or experiments. Internal data are those that come from your own business operations, such as sales, customer feedback, or financial statements.

External data are those that come from the broader environment, such as economic, social, or technological factors.

TRI NEWS REPORT – GLOBAL USA VISION – A New Star is Born in the Horizon of the Consulting and Advising Business

TRI NEWS REPORT – GLOBAL USA VISION

IS YOUR PRIME SOURCE OF NEWS IN GLOBAL MARKETPLACES

Said El Mansour Cherkaoui, Ph.D.

12/04/2023

News Oriented and Based on Business Consulting and Services – Oakland, California

At TRI Consulting Kyoto – TRI CK USA, today we delighted to offer you a mosaic of topics that will provide to you an opportunity to access and read news, thoughts and inputs as well as insights related the areas of operations and involvement in terms of the countries that are the focus and the interests of our existing, potential and prospective clients.

TRI NEWS REPORT will also provide insightful and business based intelligence advices to enable are readers and members to benefit from our first-hand experience in the diverse domains of international trade, business, economics, finance and culture development and management.

Invitation to our Future Readers

This extra service that we give to our clients, we are extending it to you too. We would appreciate to have join our movement and our community which will enbale you you also to benefit from this TRI NEWS REPORT. Therefore, we invite to be more than just another reader, we will appreciate that if you have a topic you would like our editor to address, write an analysis and publish, please do not hesitate to email us your request / suggestion on this new topic, likewise you can also forward to us even an article of your own writting that we can publish in TRI NEWS REPORT with your consent.

TRI NEWS REPORT

TRI NEWS REPORT will convey to you News, Knowledge and Know-How that will provide you with an opportunity to access and read analysis, studies, articles relevant to business thoughts, practices and development … and much more.

Morocco has many advantages for business, including: 

• Location: Morocco is located at the crossroads of Africa, Europe, and the Middle East, with access to the Atlantic Ocean and Mediterranean Sea.
• Workforce: Morocco has a well-educated, flexible, and skilled workforce.
• Cost: Morocco has relatively low wages and a cost-efficient labor force.
• Infrastructure: Morocco has modern infrastructure, including trade-supporting infrastructure.
• Government: Morocco has a stable political environment and business-friendly laws and regulations.
• Trade: Morocco has streamlined trade processing and is open to foreign investment.

Other advantages include: 

• Tax incentives
• Financial rewards
• Banking benefits
• Freedom to do business

According to the World Bank, Morocco is ranked 53rd out of 190 economies for ease of doing business. 

What is business domiciliation in Morocco?

Domiciliation consists of choosing as the head office of a company (called domiciliary) the address of another company (called domiciliary). This involves giving the domicile a legal address without it actually being there.

You need more indications on the aforementioned requirements and regulations, please contact and send your inquiries to: support@triconsultingkyoto.com

For business engagement or inquiries, please fillout the following form: A business inquiry is a formal request for information from an organization.

Cultures for International Operations: TRI CONSULTING KYOTO – TRI CK USA

Since 1993, we have serviced in California and assisted an extensive U.S. and global client network that comprises small and mid-sized companies, individual entrepreneurs, private investors, policymakers, and government agencies.

TRI CK USA is a leading executive training firm committed to serving clients in the United States and Morocco, North and Central Africa and China. Our team is dedicated to helping clients improve their business performances and attain sustainable long-lasting results.

Over and above an extensive international exposure with assignments implemented in more than 15 markets, the members of our Team have a wide industry expertise that we put at the disposal of our clients in the areas of international trade, international business and international investment as well as in global cultural exchanges such as and not limited to these operational areas:

• Direct representation for exporters and importers, marketers and business developer;
• Business Representation and Organizational Structure in the United States;
• Translation, Direct Interpretation, Localization and Provision of logistic support;
• Direct negotiation and Advise on Related Means and Resources;
• Finding the appropriate/right product;
• Analyzing the potential demand and the dimension of the market.
• Setting buyer-seller relations, handling of shipping and related logistics to help our clients in their exports and imports.

TRI CK USA Support: Strategic Areas and Competent Clusters

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TRI CK USA is excited to share that we have taken our combined decades of experience with entrepreneurs of projects, small businesses, multinational corporations and mid-size companies and have streamlined the process to help companies like yours prepare their ROADMAP TO US MARKET ENTRY in a fast and cost-effective manner.

TRI CK USA has also developed models an international expansion for entrepreneurs and enterprises that are seeking a foreign entry strategies to establish their products in the regional and international markets.

We provide members with a range of tailored services, leveraging our international network to ensure unique access to trade and investment opportunities in California, the United States, Morocco and across selected regions of North Subsaharan Africa.

We also build Global Partnerships with organizations and professionals who wish to broaden their connectivity and enhance their profile on the African continent by providing business development support.

Contact: support@triconsultingkyoto.com

TRI CONSULTING KYOTO – TRI CK USA , the Bridge for International Trade, Business Development, Market Entry Strategies through Advising and Training Services.

Based in Oakland, California with the focus to help local and international enterprises to develop and manage business, trade, market and logistics operations in and between the United States, Morocco and other regions in the Mediterranean and North and Sub-Saharan Africa, and China.

TRI CONSULTING KYOTO – TRI CK USA offers the following services:

TRI CK USA will evaluate potential network of sales, business partners, representatives, distributors and so on through a comprehensive approach.

TRI CK USA will consider to conduct on your behalf to assess the level of reliability of potential clients, buyers, distributors, exporters, importers, partners and representatives just to name few, Here are some key factors :

Track Record and Achievements:

• TRI CK USA will look into their past performance, accomplishments, and reputation within the industry. 
• TRI CK USA will assess their reliability based on their history of successful ventures or projects.

References and Feedback:

• TRI CK USA will gather references from trusted sources. Seek feedback from individuals who have worked with them before. This can provide insights into their reliability and work ethic.

Financial Stability:

• TRI CK USA will evaluate their financial health. A reliable partner should have stability and the capacity to contribute to the partnership’s growth.

Compatibility with Your Goals:

• TRI CK USA will assess whether their skills, expertise, and vision align with your business objectives. A reliable partner shares your commitment to achieving common goals.

Communication Style:

• Effective communication is crucial, and TRI CK USA will ensure their communication style aligns with yours. Transparency and responsiveness are indicators of reliability.

TRI CK USA will conduct throughly due diligence to enable to form a successful partnership. TRI CK USA will will ensure and research, verify, and choose partners who demonstrate reliability and compatibility with your business vision.

How Can we Help You?

Get in Touch

When assessing the reliability of potential partners, particularly in the United States, due diligence is crucial. Here are some key steps to consider:

International Third-Party Due Diligence:

• Conduct thorough due diligence on international third parties. While there’s no specific regulatory minimum, leading practices involve a systematic assessment.

Steps:

• Questionnaire: Require the third party to disclose information via a questionnaire.
• Risk-Based Verification: Independently verify the provided information and identify adverse data.
• Act on Red Flags: Address any identified “red flags” during the process.

Customer Due Diligence (CDD):

• In the U.S., the Financial Crimes Enforcement Network (FinCEN) outlines CDD requirements. Verify customer identities and assess risks to prevent money laundering.

Partner Due Diligence:

• Investigate vendors, suppliers, contractors, and other third parties connected to your business.

Benefits:

• Make informed partnership decisions based on relevant data.
• Evaluate potential threats and mitigate risks.

Thorough due diligence by TRI CK USA helps protect your company’s reputation and ensures reliable business relationships. 

fr.triconsultingkyoto.com and triconsultingkyoto.com and Said El Mansour Cherkaoui by Dr. Said El Mansour Cherkaoui is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Based on a work at GLOCENTRADE – Global Center for Trade

Disclaimer

Said El Mansour Cherkaoui the creator and provider of this document does not assume any responsibility for any consequence of using this document. This document has been prepared for informational purposes and is not intended to (a) constitute legal advice (b) create an attorney-client relationship (c) be advertising or a solicitation of any type. Each situation is highly fact specific and requirements vary by situation and therefore any party should seek legal advice from a licensed attorney in the relevant jurisdictions.  

Said El Mansour Cherkaoui the creator and provider of this document expressly disclaims any and all liability with respect to actions or omissions based on this document.

Strategic planning provides a roadmap, aligns objectives, and optimizes resource allocation, while business development identifies opportunities, builds relationships, and drives revenue growth

TRI CK USA delivers solutions and results that are the core of our consulting, advising and mentoring strategies that aim to increase efficiencies, save resources, reduce costs, increase revenue, improve profit margin and develop owner and shareholder return on investment.

★ Our Core Values ★  “We are committed to promoting national and global economic systems based on the principles of justice, equity, democracy, participation, transparency, accountability and openness.”  International Conference on Development – (UN – Rio de Janeiro, 2002).

Trade is the conduit to understanding and connection between people of different cultures and environments. We promote international trade with the United States to stimulate cooperation, increase understanding and reinforce acceptance with the rest of the world.

We put at the disposal of our clients a team with extensive experience in developing and delivering executive trainings and workshops in many areas ranging from basic hard skills to more complex soft skills including leadership, team working, negotiation and communications skills.

How Can We Help You?

We respect the privacy of our clients, partners, associates and colleagues.

Cluster of Intervention for Strategic planning process extracted, adaptable and translated from the sector, industry, region, country and conditions of the market

For engagement, forwarding unsolicited RFP, RFQ, Request for Tender (RTF), Request for Quote(RFQ), and Request for Expression of Interest (ROI), please send an email to: support@triconsultingkyoto.com

The corresponding topics are selected on the basis of its relevancy and authenticity that can shape, formulate and contribute directly to the conduction of successful management, planning and managing operations and projects within close and distant marketplaces, economies and cultural settings:

TRI Consulting Kyoto Team have created Groups and Pages in several Social Media Platforms where current analysis, news and intelligent knowledge and insights are published for the purpose to share its own knowledge base and to contribute to the advance around the world of the understanding and encourage interactions about and between regions and countries and decision-makers in the public and the private sector.

Tateyoko Research Institute Business Consulting and Services

For any additional indications or to have our Founder Said El Mansour Cherkaoui as Speaker or Presenter at Events, Conferences, Seminars or Training Sessions related to the subjects and content addressed by our publications, please send an email to : info@triconsultantkyoto.com

Strategic planning and business development are two areas of TRI CK USA specialization and support processes that enable business growth of our clients in the following operations:

Education is the Key

of Global Horizons and Spaces

California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday May 4, 2018.

California is home to nearly 40 million people which represent 12 percent of the U.S. population but contributed 16 percent of the country’s job growth between 2012 and 2017. The United Kingdom has 25 million more people than California but now has a smaller GDP while California’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the data said.

California’s economic output is now surpassed only by the total GDP of the United States, China, Japan and Germany. The state has 12 percent of the U.S. population but contributed 16 percent of the country’s job growth between 2012 and 2017. Its share of the national economy also grew from 12.8 percent to 14.2 percent over that five-year period, according to state economists.

Since 2012, California as the largest U.S. state has added 2 million jobs and grown its GDP by $700 billion.

California’s economic juggernaut is concentrated in coastal metropolises around San Francisco, San Jose, Los Angeles and San Diego.

• California is the sixth largest economy, between the UK and France.

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AMERICAS – USA California businesses exported $164 billion worth of goods in 2015, supporting 706,969 jobs. California exports to more than 225 foreign markets.  California is one of the 10 largest economies in the world with a gross state product of more than $2.6 trillion. • Services: For 2016, the surplus in services decreased to $247.7 billion from $261.4 billion in 2015. Services receipts decreased to $710.2 billion from $710.6 billion. The largest decreases were in financial services and transport. The largest increase was in other business services, and maintenance and repair services. For 2016, services imports increased to $504.6 billion from $491.7 billion. California Trade The U.S. Department of Commerce reported that in 2016, California exports amounted to $163.6 billion. This is a decrease from the 2015 total of $165.4 billion. California maintained its perennial position as a top exporting state. Exports from California accounted for 8.8% of total U.S. exports in 2016. California’s top export destinations are Mexico, Canada, China, Japan and Hong Kong. California trade and exports translate into high-paying jobs for more than 1 million Californians. Top Export Sectors California is a top exporter in the nation of electronic products, and sales of food and kindred products. Computers and electronic products are California’s top export, accounting for 25.9% of all the state’s exports. Other top categories included transportation equipment; miscellaneous manufactured commodities; and machinery, except electrical. • Mexico: Mexico continues to be California’s No. 1 export market. California exports to Mexico decreased to $25.26 billion in 2016. Mexico purchases 15.4% of all California exports. California’s exports to Mexico are driven by computers and electronic products, which account for 21.7% of all California exports to Mexico. Other top categories include transportation equipment, machinery, except electrical, and chemicals. • Canada: Canada is California’s second largest export market, purchasing 9.8% of all California exports. In 2016, California exported more than $16.18 billion to Canada. Computers and electronic products remained California’s largest exports, accounting for 32.2% of all California exports to Canada. • Asia-Pacific: California is the largest exporting state to Asia. In 2016, California exported $68.58 billion in goods to the region. • Greater China: California exports to Mainland China totaled $14.36 billion in 2016. Computers and electronic products accounted for 30% of exports to China. Exports to Hong Kong increased to $9.6 billion in 2016, maintaining Hong Kong as California’s No. 5 export market, which surpassed South Korea in 2015. • Japan: California exports to Japan totaled $11.76 billion in 2016. Computers and electronic products accounted for 23.7% of total exports. • European Union: California exports to the European Union (28) totaled $29.7 billion in 2016. California is the top exporting state to Europe. Computers, electronic products and chemicals are the leading export sectors to the region. European Union countries purchase 18.2% of all California exports. California Investment A November 2016 study by the Organization for International Investment found: • 715,800 workers in California are employed as a result of 2016 Exports from California Source: U.S. Department of Commerce Total in thousands ($USD) $218,185 : $25,266,105 $13,820 : $218,185 $1,722 : $13,820 $2 : $1,722 zero 102 2018 California Business Issues ® INTERNATIONAL TRADE • 196,000 foreign direct investment (FDI) jobs in California are in the manufacturing sector. • Among all global employers, those from Japan, the United Kingdom and France support the largest number of jobs in California. • More than 2,030 global employers have operations in California. • California ranks first in the nation in the total number of jobs at U.S. subsidiaries. According to the Organization for International Investment, U.S. subsidiaries play a vital role in California’s economy, insourcing 715,800 jobs; writing paychecks to 5% of California’s private sector workforce. Nearly 30% of jobs at U.S. subsidiaries in California are in manufacturing—accounting for 196,000 jobs.

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According to former Governor Jerry Brown, California’s freight industry accounts for over $700 billion in revenue and over five million jobs. These employment positions are provided by businesses associated with an industry estimated to comprise one-third of the California State’s economy and jobs. The importance of Global Trade is recognized by all the decisions-makers in California political landscape. The recently elected Governor Gavin Newsom, have recognized already in 2011 the important role of international trade to the state of California, by elaborating in his Economic Growth and Competitiveness Agenda, the following statement: “…the state must become a better partner in preserving and enhancing California’s position as a preeminent hub in the global economy. At the simplest level, it must make promoting both trade and its international presence an economic priority undergirded by a plan and performance metrics, bringing scale and efficiency to existing international efforts by regions.”

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This new agenda is built on eight pillars that were considered as essential in delivering the next economy and which included the followings:

• Gearing up exports
• Reinvigorating manufacturing
• Driving innovation
• Accelerate the clean economy
• Skill up for opportunities
• Build infrastructure
• Align with regional strengths
• Organize for success

Total Trade ^[1]

Total Exports (2017) (Origin of Movement)	$172,016,249,969
Total Imports (2017)	$440,576,224,187
Trade Balance (2017)	-$268,559,974,218

Trade Partners ^[1]

Export Partners

Top 10 Export Countries

Country	Export USD$
Mexico	$26,771,801,557
Canada	$16,842,021,711
China	$16,433,104,400
Japan	$12,830,448,508
Hong Kong	$12,108,991,143
Korea, South	$9,601,895,013
Taiwan	$6,313,260,046
Germany	$6,003,278,639
Netherlands	$5,785,302,641
United Kingdom	$5,030,384,740

Import Partners

Top 10 Import Countries

Country	Import USD$
China	$159,142,192,980
Mexico	$46,392,712,316
Japan	$40,480,037,936
Canada	$28,690,231,238
Malaysia	$16,387,544,085
Korea, South	$15,787,727,237
Taiwan	$13,401,308,401
Vietnam	$12,459,451,614
Germany	$11,501,912,977
Thailand	$10,361,166,473

VIEW ALL EXPORT/IMPORT TRADE PARTNERS

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Traded Goods ^[1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code	Export USD$
(85) Electrical Machinery	$31,539,215,025
(84) Industrial Machinery	$26,604,374,763
(90) Precision Instruments	$16,172,382,791
(87) Motor Vehicles & Parts	$11,353,979,321
(08) Fruit & Nuts	$10,788,254,080
(88) Aircraft	$9,751,468,621
(71) Precious Stones & Metals	$8,484,073,478
(27) Oil & Mineral Fuels	$4,775,047,590
(39) Plastics	$4,409,925,546
(30) Pharmaceuticals	$4,251,747,243

Top 10 Import Goods

HS Code	Import USD$
(85) Electrical Machinery	$97,680,254,088
(87) Motor Vehicles & Parts	$75,846,652,260
(84) Industrial Machinery	$71,162,995,831
(27) Oil & Mineral Fuels	$23,786,615,148
(90) Precision Instruments	$15,765,939,007
(94) Furniture	$13,583,623,055
(61) Apparel: Knit	$11,933,368,380
(98) Nesoi	$9,115,959,913
(64) Footwear	$8,702,714,592
(95) Toys & Sport Equipment	$8,541,421,732

VIEW ALL EXPORT/IMPORT TRADE GOODS

http://cherkaouijournal.com/8812/

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VIEW STATE RANK BY EXPORT/IMPORT TRADE GOODS

How California’s Economy Benefits From International Trade & Investment

Impact of Trade ^[2]

International trade accounts for one out of nine jobs in Southern California, plays a vital role in the Bay Area economy, and provides the infrastructure for California companies to export products to other states and countries.  

Total Export-Supported Jobs Related to Manufacturing	629,071 (2016)
No. of Businesses Selling Products Overseas	73,528 (2015)
Percentage of Exporters Classified as Small and Medium-size Companies	96% (2015)
Percentage of Exports by Small and Medium-size Companies	43% (2015)

• In 2015, International trade supported more than 775,000 high paying California jobs. These trade-related jobs came from large and small companies, farmers, and factories
• California exports billions of dollars in goods and services annually, including computer and electronics, transportation equipment, agricultural products, software and machinery. 
• Exports support small, medium, and large businesses. The vast majority of California exporters are small and medium-sized companies with less than 500 workers.
• Customers in 229 countries around the world buy California-grown and manufactured goods and services. Top markets like Mexico, Canada, and China buy billions of dollars of California products and services annually.
• Imports lower prices and increase choices for California companies and families.
• Free Trade Agreements (FTAs) have led to rapid export growth to partner countries. America’s FTA partners purchased 41% – more than $67 Billion – of California’s total exported goods in 2015. 
• Foreign owned companies invest in California and employ more than 631,000 Californians.

“Companies that are new to exporting and companies that have previously considered and abandoned an exporting plan can use A Business of Details to get up to speed on terminology, processes, common pitfalls and strategies for success. This training video follows a shipment of Romaine Lettuce from a packing facility in Salinas, CA to its destination in Taiwan.”

This project is funded by the California Department of Food and Agriculture’s Specialty Crop Block Grant Program, and is presented by the California Centers for International Trade Development at State Center Community College District.

1. California: Trade Statistics
2. USA Trade Online (2017).
3. International Trade Administration (Accessed on November 1, 2018)

2018 – In August, developers Lineage Logistics LLC and Dreisbach Enterprises Inc. will open a $90 million, 280,000-square-foot Cool Port that will store perishable food shipments.

Developer CenterPoint Properties will start construction in July on the Seaport Logistics Complex, a 440,000-square-foot distribution center at the former Army Base in West Oakland. The port said it will be the largest warehouse building at a West Coast port. CenterPoint declined to comment on the effects of tariffs.

On an adjacent parcel controlled by the city of Oakland, Prologis, the San Francisco industrial property developer, has a new 256,000-square-foot warehouse building that’s seeking tenants.

“I don’t think we’re quite there yet, but any kind of trade war is bad for economic growth generally. And that will affect everything including our business,” Hamid Moghadam, CEO of Prologis, said in an earnings call in April. “We are not yet concerned by the action, and we’ll just see what the action is going to be.”

NEXT TO READ on Global Trade

By Said El Mansour Cherkaoui

http://cherkaouijournal.com/global-trade-trends-and-turns/

http://cherkaouijournal.com/global-trade-california/

http://cherkaouijournal.com/usa-global-trade/trumpnewdealtrade-business/

http://cherkaouijournal.com/neo-pax-americana-commerce-global/

Copyright © 2013 – Today. All rights reserved – Copyright © 2017 – Today by Cherkaoui Journal.

Cherkaoui Journal and African Start-Up Expo – Oakland California by Said El Mansour Cherkaoui is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.  Based on a work at http://www.cherkaouijournal.com. Permissions beyond the scope of this license may be available at http://www.cherkaouijournal.com

U.S. Department of Labor has Small Business Development Centers (SBDCs) that offer free business consulting to current and aspiring small business owners.

In France as in the United States of America, the national economy is supported by small businesses. Indeed, it is small businesses that create jobs.

U.S. Department of Labor also has Small Business Development Centers (SBDCs) that offer free business advice to current and prospective small business owners.

Dr. Said El Mansour Cherkaoui worked for 5 years as a Senior Consultant in the SBDC – Small Business Development Center in Oakland, California and for 10 years in the CITD – Center for International Trade Development, Oakland – San Francisco and Berkeley, California.

• Small businesses have created 17.3 million net new jobs since 1995, representing 62.7% of all net jobs created during this period.
• Small businesses also account for 66% of job growth over the past 25 years.
• They employ 61.7 million Americans, or 46.4% of private sector employees.
• Small businesses also contribute 44% of U.S. economic activity.

GLOCENTRA – SIC Code 8742, Management Consulting Services and Training

Our team is dedicated to helping clients improve their business performance and attain sustainable long-lasting results by introducing/reinforcing new learning and skills. Over and above extensive international exposure with assignments implemented in more than 15 markets, our trainers have wide industry expertise. We put at the disposal of our clients a team with extensive experience in developing and delivering executive training and workshops in many areas ranging from basic hard skills to more complex soft skills including leadership, teamwork, negotiation, and communications skills.

It was evident that studies using a variety of approaches were conducted to examine the link between entrepreneurial education and entrepreneurial activities. The general findings were that there is a positive link between entrepreneurial education and venture creation. A huge interest seems to have come from United Kingdom and other European and African countries.

Are you a small- and medium-sized business owner?

We have welcomed attendees for our training programs, conferences and seminars from all over the world: Mexico, the United States, China, Italy, Portugal, France, Vietnam, Morocco, Algeria, Egypt India, Colombia, and Japan, to name a few. The versatility and diversity of our events made for some fascinating and important discussions, and offered an interesting mix of viewpoints.

Are you aware of your firm’s partnership criteria?

Do you get all the support and training to fulfil the requirements for promotion to the partnership?

Of course your own vision for your career and the steps you need to take are important but to be aware of your firm’s expectations or even requirements for progress and promotion is equally important.

But will you be able to fulfil all these criteria?

This may very much depend on the training you get, the support you find among partners and the firm’s overall culture of growth, development and promotion.

So how do you answer the two initial questions above?

One of the key requirements for partnership is, of course, a convincing business case.

If you do not have a strong book of business this is quite likely the case because you have not been sufficiently trained in effective and efficient business development.

So, here are a few key questions for you:
• How far have you got with your business case?
• Do you know how to develop a business case?
• Does your firm provide training on business development?
• Does your team have a culture of business development?
• Do you have a role model of a successful business developer in your environment?
• Do you get enough leeway or even encouragement from your partner to learn and practice your own business development ?

If you answer these questions honestly you will get a pretty good idea of the state of your own business development training and whether your team or your firm is good at it and provides the framework and support that you need and deserve.

Therefore, consider your options and manage your career. Be creative! If necessary, think out of the box which actions or next steps in your training would best serve your career and define goals accordingly.

Consider the options that will let you make progress with your career goals! Be intentional and choose the options that will allow you to realise your full potential.

Please share in the comments: what will be your preferred goals this year?
What choices may they require?

Strategic Insights and Planning Inputs for Export and Import Operations

When it comes to export and import consulting services related to the United States, there are several options available. Here are a few reputable services TRI CK USA will help you with:

Customs Consulting Services:

• USA Customs Clearance: TRI CK USA will help you with personalized, 1-on-1 consultations with licensed experts in customs and import-related matters. These sessions provide specific solutions tailored to your situation, setting you on the path to import success. Topics covered include power of attorney, importer of record, customs bonds, harmonized tariff classification, required documentation, duties, tariffs, and letters of credit

Letters of Credit – TRI CK USA

TRI CONSULTING KYOTO TRI CK USA – Based in Oakland in the vicinity of San Francisco and Silicon Valley in California, TRI CONSULTING KYOTO – TRI CK USA strives and aims to help local and international enterprises and entrepreneurs develop and manage productive projects, businesses.

Important Aspects	Why They Matter
Valuation	What is the price paid for the goods that are imported? Companies need to report all fees, costs, and pricing changes.
Harmonized Tariff Schedule of the U.S. (HTS)	You must assign an HTS code based on the country of origin. This information establishes duty rates and trade statistics for imported goods.
Country Of Origin	Country of Origin is more than just listing where your shipment is from. CBP uses this information to increase or decrease duty based on several factors.
Quantity	You need to report the number of imported goods to meet your compliance responsibilities. HTS outlines which unit of measure needs to be reported when filing an import declaration.

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Typical Use Cases: Whether you’re just getting started, need help identifying HTS codes, or require guidance on product-specific duties and tariffs, TRI CK USA got you covered.

TRI CK USA will help you to choose the option that best fits your needs and situation. Whether you’re navigating customs regulations, seeking market insights, or exploring business opportunities, these services can provide valuable assistance.

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TRI CK USA FOCUS ON EMERGING MARKET GROWTH