List of Increased Duties for U.S. Goods into Brazil Published
The Brazilian Government has published the final list of goods which will be subject to increased import duties when originating in the United States, consistent with the authorization received from the WTO Dispute Settlement Body in the dispute U.S. – Subsidies on Upland Cotton (DS 267). The resolution will take effect in 30 days. Details
Cleveland USEAC to host "Finding Financing for Exporters" Seminar in June.
The Cleveland U.S. Export Assistance Center
will host a "Finding Financing for Exporters seminar on June 8,
2010, in Independence, Ohio. The primary mission of the
“Finding Financing for Exporters” seminar is, in line with the
President’s National Export Initiative, to improve
Small-to-Medium sized enterprises (SMEs) access to credit in the
wake of the financial crisis by providing a forum for lenders and
SMEs to interact directly. The seminar will feature
presentations from invited speakers such as the Chairman of the
Export-Import Bank, the Federal Reserve Bank of Cleveland and top
level representatives from regional lending institutions, the
latter being made available for one-on-one meetings with
representatives from attending SMEs. See the trade events
page for details.
Cleveland USEAC to exhibit at NA 2010 Material Handling & Logistics Show
The Cleveland U.S. Export Assistance Center will be exhibiting in booth 540 at the NA 2010 show at the Cleveland I-X Center from April 26-29, 2010. Stop by our booth to learn the latest from the U.S. Commercial Service and see how we can assist your company in growing your exports. To register or for more information click here: Register
SBA Announces Enhancements to Export Working Capital Program
The U.S. Small Business Administration's (sba) Export Express and Export Working Capital Program (EWCP) loans have been enhanced. The Export Express program allows small business exporters to use the loan proceeds for any worthwhile business expense that will increase the company's ability to export. This program has been enhanced to provide participating lenders with a 90% guaranty and a waiver of the up-front SBA guaranty fee through February 26, 2010. The maximum loan amount is $250,000 and SBA provides the lender with a 36 hour turnaround time on Export Express loans.
The EWCP program provides working capital loans to exporters. The SBA provides participating lenders with a 90% guaranty on loans and lines of credit that will be used for producing goods or services for export. The exporter must have an export order in hand in order to receive EWCP funds. The maximum amount is $2 Million. The up-front guaranty fee on this loan has been waived until February 26, 2010. To learn more about these programs contact patrick.hayes@sba.gov or on 216-522-4731.