Trade Program Results in $3.3m New Trade Between U.S. – Guatemala

Wednesday, September 19, 2007
The Trade Capacity Building Institute in New Orleans, in conjunction with the American Chamber of Commerce Guatemala and the Hispanic Chamber of Louisiana, reported a recent trade mission resulted in more than $3.3 million in new business for four Guatemalan small- and medium-sized businesses and Louisiana trading partners. Several other companies represented on the mission are currently negotiating new business contracts, as well.

Marcia Sergent, director of the institute, said a result of the mission included training for more than 35 businesses in the Central American country, in which U.S. business owners helped teach their counterparts international trade laws.

“This Trade Certificate Program highlights the necessity and value of this program, as well as the positive results from trade between Central America and the United States,” Sergent said. “Additional programs are being planned throughout Central America and the Caribbean, which will continue to link small and medium-sized businesses from Louisiana to trading partners throughout the region.”

Oil-and-Gas Industry has $70 billion impact to La, group says Oil and gas-related industries have a $70 billion economic impact on the Louisiana economy, according to a new study released by the Louisiana Mid-Continent Oil and Gas Association. Loren Scott, an economist at Louisiana State University, conducted the study, and came to the figure by taking the direct financial impact made by oil and gas extraction, pipelines and refining and calculating the “ripple effect” those dollars have in terms of jobs supported and taxes paid.

“This study quantifies the fact that the oil and gas industry is a growing industry and one that has a tremendous impact on the state,” said Chris John, President of Louisiana Mid-Continent. The energy sector employed about 58,000 in 2006, with total wages of $4.2 billion.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Greece Will Sell Piraeus Port Stake in Weeks

The Greek government will sell its majority stake in the port of Piraeus within weeks, the country's deputy prime minister told China's official Xinhua news agency,

China Unveils Action Plan on Maritime Silk Road

China has unveiled the principles, framework, and cooperation priorities and mechanisms in its Maritime Silk Road initiative in a bid to enhance regional connectivity

China Maritime Silk Road to Touch India for Namesake

Chinese officials on Saturday fleshed out some details for the country's ambitious 21st Century Maritime Silk Road (MSR) project in its “one belt, one road,” action plan.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1060 sec (9 req/sec)