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To be more competitive in the global economy, the United States must grow its exporter base. Even though exporting is a proven source of growth for both U.S. companies and the U.S. economy, the United States is just beginning to tap its export potential.
Approximately 58% of U.S. exporters sell to only one foreign market (source: US Census Bureau).
Exporting accounted for only 12 percent of the U.S. gross domestic product (GDP) in 2007. As compared to other industrialized nations like Germany, the United Kingdom, and France, where exporting accounts for 30 – 49 percent of GDP, the U.S. must do better (source: National Export Strategy).
What is the Strategic Partnership Program?
To broaden and deepen the U.S. exporter base, the U.S. Commercial Service Strategic Partnership Program is leveraging partnerships with trade associations and private corporations. Through these innovative public-private partnerships, we are communicating to millions of U.S. businesses about global business opportunities through the U.S. Commercial Service.
In doing so, the U.S. Commercial Service Strategic Partnership Program creates triple win scenarios:
“We’ll create public-private partnerships to help firms break into new markets with the help of those who have been there – shipping and supply-chain companies, for example.”
Export-Import Bank Annual Conference
March 11, 2010
The District Export Councils contribute leadership and international trade expertise to complement the U.S. Commercial Service’s export promotion efforts through counseling businesses on the exporting process and conducting trade education and community outreach.
Since 1999, Escrow.com has established itself as the leading provider of secure business and consumer transaction management across the globe. Our services are unique as they eliminate risk for both the Exporter, for non-payment, and the Importer, for non-delivery or misrepresentation of goods. In most, if not all cases, the cost of using Escrow.com is extremely favorable in comparison to other payment options and can either be paid in full by one party or split evenly between the Exporter and the Importer. Escrow.com is the only fully licensed and accredited online escrow company in the United States.
The Irvine Chamber of Commerce hosts the Irvine Global Market Intelligence series (www.irvineglobalmarkets.com) which features bi-monthly webinars on international trade that are open to the public at no cost and are later archived. The series focuses on specific country markets with presentations on exports (with the Senior Commercial Officer at US Embassies) and imports (counterpart export promotion agency in the US). In addition, the Irvine Chamber hosts in-bound trade delegations, holds training seminars and has monthly meetings focused on international business. For up-to-date listings go to the website: http://www.irvineecondev.com/pages/secondary/global_business.