Wednesday, May 20, 2015

Swiss Bank UBS To Pay $342 Million Currency Manipulation Fine, Plead Guilty On LIBOR



UBS said on Wednesday morning it would pay a $342 million fine for its involvement in manipulating the foreign exchange market, averting criminal prosecution as a result of its cooperation in the multi-year probe. The Swiss banking giant, however, will plead guilty to one count of wire fraud for its role in manipulating interest rate benchmarks such as LIBOR, paying a $202 million fine, and tearing up a previously agreed 2012 deferred prosecution agreement with U.S. regulators.

The collective $545 million in fines and guilty plea will help UBS put to rest some of its largest legal issues in the United States and won’t have a financial impact given the bank’s exiting provisions for litigation.

UBS’s cooperation in the regulatory probes into foreign exchange market manipulation appears to have helped the bank avert new criminal charges for its trading activity. The Department of Justice will not fine UBS for its FX market activity and it will be given conditional immunity from prosecution by the regulator’s antitrust division.

The DoJ’s antitrust division is expected to announce settlements with banking conglomerates Barclays, Citigroup, JPMorgan Chase and Royal Bank of Scotland, which will lead to billions of dollars in collective fines and criminal guilty pleas on antitrust.

Tuesday, May 19, 2015

Florida International News & Events : May 14, 2015


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Florida International Trade News & Events             May 14, 2015

Welcome to Enterprise Florida's International trade news & events newsletter!

New Enterprise Florida announcements this week:

Florida World Trade Month 2015

Updated Enterprise Florida events this week:

International Logistics and Material Handling Exhibition (SIL) 2015 (Barcelona, Spain)

New Partner trade events this week:



Events are listed in order by date. Please contact individual event organizers for additional information.


Programs & Services for Florida Exporters



 Platinum Member Sponsor
Reed Logo


Calendar of Events
For a complete listing of Enterprise Florida events, please click the link below.




To be added to our Trade Events mailing list please click here.

 Announcements
Enterprise Florida is pleased to partner with the World Trade Center Miami and the Florida Chamber of Commerce in celebration of Florida World Trade Month 2015. World Trade Month events are being held all over the United States and throughout Florida during the month of May. The goal is to educate and inform U.S. businesses about the resources available to help them do business overseas and the impact that exporting can have on their bottom-line.

Explore and join events happening in your community and around the state and then
contact Enterprise Florida to learn more about the programs and services that we offer to help companies like yours.
Enterprise Florida Trade Events


2015 Panama International Boat Show

May 29-31, 2015
Panama City, Panama
The 2015 Panama International Boat Show will be held at the Flamenco Marine which is conveniently located in downtown Panama City. This event is designed to showcase marine accessories and equipment as well as a selection of pleasure boats,superyachts and more. According to the 2014 U.S. Department of Commerce's Pleasure Boat International Resource Guide, the pleasure boat market has significantly grown in the last seven years as a result of the dynamism of the Panamanian economy. U.S. boat products are in high demand and the market offers many opportunities for U.S. companies.

A limited number of Enterprise Florida Target Sector Trade Event Grants are being made available, on a first-come, first-served basis, to qualified Florida companies. Florida exhibitors will also have the opportunity to meet with U.S. Department of Commerce staff at the show.

For further information, please contact:
Larry Bernaski
Enterprise Florida Inc.
lbernaski@enterpriseflorida.com
Join Enterprise Florida at the premier logistics trade show in Europe and the Mediterranean: 17th Salón Internacional De La Logística Y De La Manutención. This must-attend logistics event offers networking, business contacts and knowledge through the international congress of logistics leaders. As the international point of reference where all logistics sectors are represented, SIL 2015 acts as a bridge for business between Europe, the Mediterranean, Africa, and the Americas. Every sector of the supply chain participates in Círculo Logístico. The Círculo Logístico is the exclusive space dedicated to Logistics Managers. Enterprise Florida has secured space for a limited number of booths for a Florida Pavilion. Individual booths are being offered for Florida companies to co-exhibit within the pavilion. Price reduced for turnkey booths! Also, Enterprise Florida will offer a catalog option for companies interested in direct marketing by an Enterprise Florida representative at the show. Deadline to register extended to May 19, 2015.
For further information, please contact:
Luis Perez-Codina
Enterprise Florida Inc.
lperez-codina@enterpriseflorida.com

Paris Air Show 2015

June 15-21, 2015
Paris, France
Paris Air Show 2013 was one of the most successful shows in the history of our program and this year’s show holds promise for even greater success. To capitalize on the momentum of that success and provide even more exposure for Florida and our exhibitors we have decided to enhance the size, visibility and services of the Pavilion. 

Trade Grants are available to help offset your exhibition cost in this show. Please let EFI know if you wish to receive more details on this opportunity.

For further information, please contact:
Paul Mitchell
Enterprise Florida Inc.
pmitchell@enterpriseflorida.com

ExpoPack 2015

June 16-19, 2015
Mexico City, Mexico
ExpoPack Mexico 2015 is projected to feature 26,000 customers/buyers from over 30 countries. In 2014 packaging professionals traveled from 29 out of 32 Mexican states, including buying groups from the Mexican states of Queretaro, Puebla and Guanajuato. International buyers attended from Argentina, Colombia, Costa Rica, El Salvador, Guatemala, Peru and Venezuela. Attendees include packaging and processing professionals from a wide range of industries, including food, beverage, pharmaceutical, personal care, graphic arts, chemical, electronics, textiles and automotive.

This is a great opportunity to get your packaging systems in front of a diverse group of buyers from many market sectors and countries. There is limited spaces available.  Enterprise Florida’s office in Mexico will be available to assist with company promotion as well as meeting agendas and appointment scheduling. 

Trade Grants are available to help offset your exhibition cost in this show. Please let EFI know if you wish to receive more details on this opportunity.

For further information, please contact:
Max Stewart
Enterprise Florida Inc.
mstewart@enterpriseflorida.com

Medical Fair Thailand

September 10-12, 2015
Bangkok, Thailand
Medical Fair Thailand 2015 offers global players the ideal business platform to showcase products, solutions and services as well as to keep abreast of new technological improvements and developments for the region’s flourishing medical and health care industry.

Medical Fair Thailand 2015 will present three new dedicated platforms in the areas of: Information and Communications Technology (ICT) in Healthcare, Biomedical Sciences and Pharmaceuticals, and Rehabilitation Care. Medical Fair Thailand will also include a series of insightful conferences, discussion forums and workshops presented by key thought leaders and industry leads from the global healthcare and medical industries.

A limited number of reimbursable Trade Grants are available to qualified Florida companies to help enter and expand global sales in Asia. Target Sector Trade Grants will cover 100% of a trade show booth up to $7,500. Please CLICK HERE for more information.

For further information, please contact:
Michael Schiffhauer
Enterprise Florida Inc.
mschiffhauer@enterpriseflorida.com

GITEX Technology Week

October 18-22, 2015
Dubai, UAE
Enterprise Florida is coordinating the Florida presence at GITEX Technology Week in Dubai (October 18-22,2015). Florida companies from the information technology and communication sectors are invited to exhibit their products and services at this international fair, considered to be the business gateway to the Middle East, North Africa and South Asia Region (MEASA).

Since its inception in 1981, this annual show has focused on providing exhibitors with a high ROI through direct business opportunities with decision makers. It attracts more than 143,000 ICT professionals from 150 countries and is organized in twelve sectors: Software Solutions, Hardware Solutions, Network and Security, Office Automation, Card Tech, Government, Gulfcomms, Cloud Computing, Big Data, Digital Marketing, Consumer Tech, Mobile Apps and Content World.

 Trade Grants are available to help offset your exhibition cost in this show. Please let EFI know if you wish to receive more details on this opportunity.

For further information, please contact:
Andrea Moore
Enterprise Florida Inc.
amoore@enterpriseflorida.com
Partner Trade Events
The Broward County Office of Economic and Small Business Development invites you to join us for a special seminar series on the key steps to exporting. The seminar will take place during the Global Trade Chamber Export-Import Convention . We will demystify the process together and see why exporting can be a key to your company’s future success. The seminar will also introduce you to Broward County’s local, state and federal resources for international trade. All industries are invited to participate. For more information contact Paola Isaac Baraya, pisaac@broward.org; 954-358-7894.

(New)

2015 South Florida Logistics & Trade Conference

May 15, 2015
Miami, Florida
The 2015 South Florida Logistics & Trade Conference is the third annual forum for discussion and networking. This conference is designed to bring together industry stakeholders and leaders from all modes of transportation, academia, government, and economic development to discuss logistics as a sector in South Florida. Keynote Speakers include: Secretary Jim Boxold, Florida Department of Transportation, Bill Johnson, President & CEO, Enterprise Florida, and Tamara Lundgren, President and CEO, Schnitzer Steel Industries; and Chairman of the Board of Directors, U.S. Chamber of Commerce.


Healthcare Trade Mission to Egypt, Jordan and Israel

May 16-21, 2015
Egypt, Jordan, Israel (Optional West Bank)
The United States Department of Commerce (USDOC), International Trade Administration, is organizing a healthcare equipment, services, and technologies business development mission to Egypt, Jordan and Israel, with an optional stop in the West Bank, taking place May 16–21, 2015. Ken Hyatt, the Deputy Under Secretary of the USDOC International Trade Administration, will lead the mission giving participants a higher level of access to government officials and decision makers. The purpose of the mission is to introduce representatives from U.S. firms and related trade associations to the region and to promote exports of U.S. healthcare products and services. Delegates will receive market briefings and participate in customized meetings with prospective partners. Companies may also participate in a stop in the West Bank city of Ramallah at an additional cost.


(New)
NMMA Export Webinar: Mitigating a Strengthening U.S. Dollar

May 21, 2015
Webinar - 2:00 p.m. EST/11:00 a.m. PST
The biggest challenge of having a strong dollar is U.S. exports become more expensive for buyers in other countries. However, a strong dollar won’t last forever nor does it have to hurt your exports. Dave Archer, President of Export Builders, will review the best ways to adjust your sales strategy in response to the stronger dollar. Curt Hanson, Principal with the Trade Acceptance Group, will then review the best possible trade finance solutions designed to make it easier for your foreign clients to continue to do business with you; including working capital loans, currency hedging, trade credit insurance options, EXIM Bank programs and more. Register today for this complimentary webinar, brought to you by NMMA in conjunction with of our strategic partners at the US Department of Commerce.

Doing Business with Bahrain

May 21, 2015
Orlando, Florida
With zero corporate taxes, 100% foreign ownership, no restriction on repatriation of capital or profits, no exchange risk, low operating costs, and a well-educated, bilingual work-force, Bahrain is open for business! Mrs. Rose Sager, Trade Representative, Embassy of the Kingdom of Bahrain, will provide an overview of the opportunities the market has to offer.

(Updated)

2015 Florida-Korea Summit

May 28, 2015
Tampa, Florida
Join us at the Port of Tampa the afternoon of this coming May 28 for the 2015 Florida-Korea Summit, our regular statewide gathering of Florida-Korea business, education, tourism, and cultural leaders for info exchange, networking, and to renew existing or develop new friendship ties. This year’s summit will include opening remarks by Florida Secretary of Commerce, Mr. Bill Johnson, a keynote address by the Honorable Seong-jin Kim, Consul General, Consulate General of the Republic of Korea in Atlanta, expert panelist presentations on Florida-Korea linkages and ties, a Q & A session and an Asian business networking reception immediately following the summit program. For more details click here.

2015 International Trade Certificate Program

May 28-June 18, 2015
Ft. Lauderdale, Florida

The Florida SBDC Fort Lauderdale will be offering its 2015 International Trade Certificate Program every Tuesday and Thursday starting on May 28th and ending on June 18th. The program will consist of seven sessions from 4:30pm- 8:30pm each evening including dinner. If you own a successful business and want to explore potential international markets or an exporter looking to enhance your knowledge, then this program is right for you. This program is accredited by National Association of Small Business International Trade Educators (NASBITE). Attendees will receive a certificate from the SBDC upon completion of the training. In addition, this program prepares attendees to become Certified Business Global Professionals (CGBP). Registration deadline is May 22, 2015. Contact Parbatee Chang at
parbatee.chang@floridasbdc.org for more information.

 
The Water Expo

June 2-3, 2015
Miami, Florida
The Water Expo is the only trade show and conference based in the USA targeting domestic and international major markets at the same time, like East USA, Florida, PLUS Latin America & the Caribbean. The event showcases cutting-edge technologies, services, know-how & education in 2 editions in 2015: Spring on June 2 & 3, serving Irrigation & Groundwater and Fall on Sept 15 & 16 serving Water Quality, Supply & Waste Water. For complete information visit www.TheWaterExpo.com. Contact: Jose A Garcia at mail@TheWaterExpo.com or call 305.412.EXPO (3976).
France was South Florida's 12th largest trading partner in 2014, moving up four spots from the year before and becoming our top trading partner among all European countries. South Florida's bilateral trade with France amounted to $2.65 billion in 2014, an increase of 9.4% from the prior year. Additionally, in terms of foreign direct investment, France has the 3rd most multinational corporations (42) among all foreign countries with a presence in Miami-Dade County. Mission participants will explore business opportunities and participate in pre-arranged one-to-one business meetings, receive customized trade briefings and participate in networking meetings with French business leaders, trade and industry agencies and government officials. Miami-Dade companies in the following sectors are encouraged to participate: Aviation/ Aerospace; Computers, Parts and Services; Telecommunications Equipment and Printers; Logistics; Medical Equipment; Cosmetics and Skin Care Products; Travel and Tourism; and Professional Services.

June 18-20, 2015
Panama City, Panama
The Latin Auto Parts Expo is the leading auto part show in Latin America and the Caribbean. The Expo provides manufacturers and distributors direct access to the OEM, replacement parts, aftermarket parts, automotive re-manufactured parts and tuning markets in a warm and personal setting that forges long lasting commercial and personal relationships.


Food Taipei

June 24-27, 2015
Taipei, Taiwan
The 25th Taipei International Food Show is set to jointly take place with Foodtech & Pharmatech Taipei, Taipei Pack, Taiwan Horeca and Halal Taiwan. This joint expo created an outstanding record of 1,561 exhibitors and 3,806 booths in 2014. Taiwan is the USA’s 7th largest importer of agricultural products.  U.S. companies are encouraged to join the USA Pavilion, located in the venue’s most prominent location for the best platform to promote products to domestic food importers, wholesalers, distributors and retailers. Early bird rates are still available via the American Institute in Taiwan (AIT).

(New)
Go Global: Exporting for Business Growth

June 30, 2015
Orlando, Florida
Florida-based companies are expanding overseas. Are you? We know that expanding into international markets can seem daunting. Attend this interactive workshop to find out how the Florida SBDC at UCF can help you prepare your business for globalization. Participants will leave with tools, insights and knowledge to help your small business earn a share of this growing profit opportunity. Let the FSBDC at UCF guide you through the complexities of international expansion strategies.

The Exporters Association-USA (EAUSA) and the Trinidad & Tobago Florida Chamber of Commerce will be leading its second Business Development Mission to Trinidad & Tobago to attend the Trade & Investment Convention 2015 (TIC-2015). The convention is considered to be the largest show of the Caribbean. TIC has hosted thousands of international buyers and exhibitors and earned a reputation as the Caribbean’s biggest business-to-business event. Mission participants will have the opportunity to participate, exhibit and promote their products and services directly to qualified buyers with genuine purchasing power and influence, from the Caribbean and the World. Only two spots available with EAUSA.


Latin American and Caribbean Tyre Expo

July 16-18, 2015
Panama City, Panama
Latin American & Caribbean Tyre Expo is known to be the largest and the most important show for the tire manufacturing companies in Latin America and the Caribbean. The expo allows the buyers (tire business owners, dealers, and retailers) to interact personally with the exhibitors and know their latest products, prices, demands and requirements to distribute their brands. New business dealings are executed and the participating companies get to grow their customer contacts in the Latin American and Caribbean markets.

(New)
Medical Delegation to India Healthcare Executive Service

July 27-August 1, 2015
New Delhi, Mumbai & Chennai, India
The United States Department of Commerce, International Trade Administration is pleased to announce the opportunity for U.S. companies to join the Healthcare Executive Service program to India. Delegates will benefit from: U.S. Commercial Service Gold Key Matchmaking (one-on-one meeting schedules) in New Delhi, Mumbai and Chennai (India’s three healthcare industry hubs); Local ground transportation in all three locations; Country/Industry briefings by U.S. Embassy/Consulate industry specialists in each location; Entrance to the Medicall Trade Show in Chennai; Catalog exhibition at the Medicall Trade Show in Chennai; Networking lunch hosted by the Medicall Trade Show; and Site visits to local healthcare facilities.