U.S.-Israel Commercial Opportunities Jim Cramer, Deputy Senior Commercial Officer, U.S. Embassy Tel...
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U.S.-Israel Commercial Opportunities Jim Cramer, Deputy Senior Commercial Officer, U.S. Embassy Tel Aviv [email protected] 1/04/2010
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Transcript of U.S.-Israel Commercial Opportunities Jim Cramer, Deputy Senior Commercial Officer, U.S. Embassy Tel...
U.S.-Israel Commercial Opportunities
Jim Cramer, Deputy Senior Commercial Officer, U.S. Embassy Tel [email protected]
1/04/2010
U.S. Commercial Service Israel
The U.S. Commercial Service Israel has offices in Tel Aviv and Jerusalem.
Tel Aviv has primary responsibility for Israel, and Jerusalem for the West Bank.
As part of the U.S. government, we are dedicated to Israel’s continued security and prosperity, with whom we have an unbreakable bond.
The U.S. Commercial Service Israel is home to 2 commercial officers, 6 trade promotion specialists and a support staff of 4.
During FY09, we helped U.S. companies generate 105 export sales to Israel and the West Bank.
During our first quarter 2010, we have helped U.S. companies make 27 export sales to Israel and the West Bank.
We work closely with our Agricultural section on issues ranging from helping Israeli agricultural equipment importers to food labeling standards.
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U.S – Israel CommerceCooperation & Mutual Prosperity
The U.S.-Israel Free Trade Agreement was signed in 1985, the first FTA for either country.
Since that time, there has been an eight-fold increase in bilateral trade.
Annually, Israel is the United States’ first or second largest trading partner in the Middle East, and roughly 20th amongst all of our global trading partners.
In 2008 we traded over US$36.8 billion of goods and services, of which $14.49 billion were exports to Israel and $22.34 billion imports from Israel.
For the first 10 months of 2009, we have traded US$23.06 billion of goods and services, of which $7.78 billion were exports to Israel and $15.28 billion imports from Israel.
There are strong cultural, educational, R&D, investment and tourism ties between the U.S. and Israel.
Both boast the world’s two largest Jewish communities.
Both business environments are driven by innovation and technology.
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How do we help the Israeli importer?
We can provide information on U.S. tradeshows specific to your industry.At times, these shows include U.S. Department of Commerce
pavilions, where we can organize one-on-one meetings between Israeli buyers and American exporters.
We can brief U.S. partners on “Doing business in Israel”. We can publicize to our U.S. offices, information on products that
Israeli importers need. We can help you get in touch with U.S. exporters, and work with our
offices to arrange a conference call. We can put you in contact with U.S. states to hear about their
investment incentives.
If you are looking to sell into the U.S., refer to www.israeltrade.org.
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U.S. Commercial Service
Promoting U.S. Agricultural Exports
13 January 2010
Yael Torres
U.S. Department of Commerce
www.BuyUSA.gov/israel
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Promoting U.S. Exports
A network of 100 domestic offices and over 80 offices worldwide http://www.buyusa.gov/home/
Agribusiness Home http://export.gov/industry/agribusiness/index.asp
Trade Events AG CONNECT Expo 2010 http://www.agconnect.com/
January 13-15, 2010 in Orlando, Florida.
International Poultry Expo/International Feed Expo 2010 http://www.ipe10.org/
January 27-29 in Atlanta, Georgia.
US Ex-Im Bank Financing Program for Capital Goods Imports from the US
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US Ex-Im Bank Financing Program for Capital Goods Imports from the US
EXIM is the Export-Import Bank of The United States and the official export credit agency of the US Government
EXIM Mission: is to promote the export of US goods and services by providing guaranteed financing facilities through commercial banks
Product features medium to long term financing Usual repayment term is 5 years Facility amount is typically in the range of US$500,000 to US$20,000,000 Buyer must meet certain credit standards Unsecured lending / no collateral needed in most cases Competitive Pricing Up to 85% of the contract value can be financed US Ex-Im fees can be fully financed
Eligible Goods: all capital equipments and services, except items relating to military / defense and those
considered hazardous to the environment Goods must be shipped from US to the Buyer
CONTACT: [email protected]; Phone: 03-519-7390
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