In This Issue:
Spotlight:
This month's spotlight is the testimony IBA Executive Directory, Jerry Pacheco, gave to the Senate Finance Committee regarding NAFTA. Check out the details here.
Partners:

Executive Director's Message:

The IBA was invited to testify before the U.S. Senate Finance during its September 11th hearing titled “NAFTA at Year 12,” in Washington, D.C. I was honored to represent the IBA at this hearing, which included on the panel experts in agriculture, labor, and economics. The IBA represented cross-border trade and small businesses. More information on this testimony can be found below. I want to thank Senator Jeff Bingaman, the Ranking Member of the Subcommittee on International Trade, and Senator Charles Grassley, Senate Finance Committee Chairman for their invitation to testify on the impact that the North American Free Trade Agreement has had on small businesses. It’s exciting to see that the efforts of the IBA are being noticed in Washington, D.C.

Sincerely,

Jerry Pacheco
Announcements:
Access Asia Pacific
The New Mexico Office of International Trade is pleased to introduce a new program called Access Asia-Pacific, an initiative designed to facilitate opportunities for New Mexico companies in the fast-growing markets of Asia. In 2006, two key events will provide New Mexico companies and organizations the chance to explore lucrative markets for their products and services.

Tuesday, October 3, 2006: Free Workshop on Doing Business in Hong Kong & Singapore
8:00 a.m. – 12:00 p.m.

UNM Science & Tech Park
851 University Blvd., SE
Albuquerque, NM

Keynote Speaker Mr. Tony Wong, Director of the Hong Kong Trade Development Council

Topics include:

  • Overview of the Hong Kong and Singapore economies
  • Top prospects for New Mexico companies in Asia
  • Key factors in doing business in Hong Kong and Singapore
  • Local New Mexico programs to assist companies in these markets
  • Experiences of New Mexico companies in this region

Note: Please RSVP at (505) 827-0287 or Mathew.Woodlee@state.nm.us

November 29 – December 5, 2006: Access Asia-Pacific Business Development Mission to Hong Kong and Singapore
Multi-industry business development opportunities in the dynamic markets of Hong Kong and Singapore, two key market-access points for Asia

Benefits include:

  • Participation in staffed booth at the World SME Expo: www.worldsmeexpo.com
  • http://www.worldsmeexpo.com/> (Hong Kong only)
  • Pre-arranged, customized business meetings in both countries
    In-country briefing by local business organizations and government officials
  • Company profile included in exclusive marketing collateral
  • Pre- and post-mission promotion
  • Hotel and logistical guidance prior and during the mission

Space is limited to 10 companies, so please apply early. For information and registration materials, contact (505) 827-0278 or Mathew.Woodlee@state.nm.us.
Hyperborder Small Business Trade Conference Agenda
The agenda for the “Hyperborder Small Business Trade Conference has now been set (see below). The IBA will be participating in this conference assisting in the B2B sessions that will take place between U.S. and Mexican companies. We invite all of the IBA’s clients, associates and contacts to this important border conference. For more information, please contact the IBA at 505-589-2200 or info@nmiba.com.

November 16th
 5:30 p.m. to 7:00 p.m. Reception at Delphi Inc. Juarez, Mexico

November 17th
8:00 a.m. to 9:00 a.m. Conference registration & booth networking
9:00 a.m. to 9:45 a.m. Opening Remarks
10:00 a.m. to 10:50 a.m. Import Export Panel
President of Custom Brokers’ Association
Mexican Customs Port Director—Rudolph Torres, Director Aduana Fronteriza (confirmed)

Panel coordination: Cecilia Levine & Adrian Madrigal
 11:00 a.m. to 11:50 a.m. How to Conduct Business in the U.S. & Mexico
Accountant—to be determined
Attorney—to be determined

Panel coordinator: Alex Ramirez
12:00 p.m. to 12:50 p.m. Marketing and Financing
U.S. Export Assistance Center—Matthew Hilgendorf (confirmed)
U.S. Small Business Administration—Rick Schulz and Adrian Madrigal (confirmed)
EXIM Bank—Joe Ringer (confirmed)

Panel coordinator: Adrian Madrigal
1:00 p.m. to 2:30 p.m. Lunch
The Honorable Congressmen Sylvester Reyes

2:30 p.m. to 4:00 p.m. Business to Business Networking and Booth Networking
Coordinators: Krizia Carrillo & Alex Ramirez

4:00 p.m. Adjournment of Conference
Jerry Pacheco, Executive Director of the International Business Accelerator, Testifies in Front of the Senate Finance Committee in Washington, D.C.
The Senate Finance Committee invited Jerry Pacheco, Executive Director of the International Business Accelerator (IBA), to testify in Washington, D.C. on September 11, 2006 as an expert witness on trade during its hearing titled “NAFTA at Year Twelve.” The hearing was convened to discuss the positive and negative effects that the North American Free Trade Agreement has created for the U.S., Canada and Mexico.

Testifying at the hearing were James Magagna, Executive Vice President of the Wyoming Stock Growers’ Association; Craig Lang, President of the Iowa Farm Bureau Federation; Sandra Polanski, Senior Associate and Director - Trade, Equity and Development Project, Carnegie Endowment for International Peace; and Dr. Sidney Weintraub, of the Center for Strategic and International Studies. Representatives from the U.S. Trade Representatives office and Customs and Border Protection also presented reports.

At the hearing, Pacheco reviewed the opportunities that NAFTA has created for small businesses, and the increased interest in international trade that this agreement has generated. Since NAFTA was implemented, U.S. exports to Mexico have risen more than 100 percent. From 1994 to 2002, Mexican foreign direct investment in the U.S. grew by 280 percent, as compared to growth of 185 percent by non-NAFTA countries during this period of time. Total two-way trade between the U.S. and its NAFTA partners grew by 111 percent between 1993 and 2003. Pacheco also reviewed some of the shortcomings of the agreement that need to be addressed in order to create increased efficiencies, and to allow the U.S. to better structure future trade agreements with other nations.

States Pacheco, “It’s an honor for the International Business Accelerator to be represented in front of Congress as an expert in U.S.-Mexico trade issues. We work closely with New Mexico Senator Jeff Bingaman, who serves on the International Trade sub-committee of the Senate Finance Committee, and are grateful for his continuing leadership on trade-related issues.”


IBA Executive Director Jerry Pacheco in the Senate Finance Committee Chambers before his testimony

To view the film of the panel members’ testimony, click on the following link: http://www.senate.gov/~finance/sitepages/hearings.htm
IBA to Participate in the Feria Juarez Avanza
The Strategic Economic Development Association of Cd. Juarez (Plan Estrategico de Juarez) is organizing a trade fair that will bring together over 100 exhibitors from the public and private sectors involved in border development. The focus of this event is to showcase the region’s key organizations involved in developing the Cd. Juarez border region. Some of the topics that will be addressed include: sustainable economic development, education, culture, health, and social development initiatives pertaining to Cd. Juarez, El Paso and southern New Mexico.
October 20th: The 7th Annual Santa Teresa Charity Golf Tournament

The International Business Accelerator is helping to coordinate the the 7th Annual Santa Teresa Charity Golf Tournament. The tournament raises money for the honors program at Sunland Park and Desert View Elementary Schools in Sunland Park, New Mexico. At the end of each school year, elementary students who have perfect attendance, good grades or who have performed an extraordinary act during the course of the year, are awarded medals and special presidential certificates. Last year, the tournament raised more than $10,000 dollars for the schools. According to Susan Yturralde, Principal of Desert View Elementary School, “There has been a huge increase in the number of kids who are not missing school because they want to participate in the honors program. The program is definitely having a positive impact.”

For more information on playing in the tournament or sponsoring a hole ($100) please call: Jerry Pacheco, International Business Accelerator (505-589-2200 or jerry@nmiba.com)
Fulbright Binational Business Program in Mexico
Application Deadline: October 20, 2006

This program is designed to enhance the knowledge, expertise and understanding of business communities in Mexico for U.S. graduates in business, law or engineering. It combines an internship within a Mexico-based company, firm or NGO dedicated to international business with some graduate courses at a Mexican University. The Fulbright-García Robles grantees usually work as interns from 8am to 4pm five days a week in their assigned companies and attend the university two evenings a week during the program.

Requirements:

Excellent spoken and written Spanish is required at the time of application.
U.S. Citizenship. US/Mexican dual nationals are not eligible for this program.
Candidates with a BA, M.B.A., J.D. or an M.A./M.S. in business administration, finance, economics, international relations, engineering, accounting.
Some work experience in a business environment is strongly recommended.

Internships:
After final selection is completed, the Commission will arrange the internship matches with the participating companies: Banorte, Cemex, Deutsche Bank, Dupont, Endeavor, Fondo Unido, Gamesa, Grupo BAL, Procter & Gamble, Rothschild Bank, Scotiabank Inverlat, among others.

Universities:
Grantees are usually placed at one of the following Mexican
universities: Autonomous Technological Institute of Mexico (ITAM) and the Monterey Technological Institute (ITESM).

For more information about the Fulbright Binational Business Program in Mexico, please contact Jody Dudderar at jdudderar@iie.org.

For more information about Fulbright scholarship opportunities please visit http://www.fulbrightonline.org/us
Trade Leads:
Executive/Entertainment Home for Sale
  • Business Type: Investment Opportunity
  • Country: USA
  • Description: The owner of a beautiful executive home, located on approximately one acre of land in Silver City, is interested in marketing this property to Mexican investors. The home is approximately 5,120 sq. and consists of four bedrooms, 4 ½ baths, living room, library, den, bar area, billiard room, two gas log fireplaces, security system a second kitchen and many other amenities. Please view this link for a digital image of this home. This home is ideal for foreign business investors looking for investment properties near the US-Mexico border.
Industrial Sewing Machines
  • Business Type: Supplier
  • Country: Taiwan
  • Description: A manufacturer and distributor of Falcon industrial sewing machines is introducing a new flat model sewing machine this month and is interested in identifying new buyers. These machines are suitable for sewing applications on handbags, suitcases, sofas, gloves, camping materials, shoes, auto internal decoration, and leather. Complete information on these industrial products can be seen at www.ie-tong-sewing.com.tw.
Bee Honey
  • Business Type: Supplier
  • Country: Mexico
  • Description: A Mexican producer of bee honey in Cuauhtémoc, Chihuahua is interested in exporting honey to the U.S. This company has the capacity of producing 10,000 to 15,000 liters of bee honey per year packaged in 1, ¾, ½, and ¼ liter containers.
Security Services/High Threat Overseas Protection
  • Business Type: Vendor
  • Country: USA
  • Description: A security service provider located in the U.S.-Mexico border region is interested in providing armed patrolled services, armed alarmed response, armed courier and unarmed guard services. This company can also provide secure transport of cargo utilizing physical and technological tracking systems, as well as putting together an emergency action plan and a quick response force for community and industrial parks located along the U.S.-Mexico border. These services can also be provided in other parts of the world with a special focus on Mexico and Turkey.
For additional information on these and other trade leads please contact the IBA by phone at (505) 589-2200, by email at info@nmiba.com, or on the web at nmiba.com
Upcoming Events:
When:
September 22nd - 24th, 2006
Where:
Cd. Juarez, MX. at the Centro Comercial Las Misiones
 Feria Juarez Avanza

For more information please see the announcement above.
When:
October 3rd and November 29th - December 5th, 2006
Where:
Albuquerque, NM, Hong Kong, and Singapore .
For More Info Click Here		 Access Asia Pacific

For more information please see the announcement above.
When:
October 20th, 2006
Where:
Santa Teresa Country Club, Santa Teresa, NM
For More Info Click Here		 7th Annual Santa Teresa Charity Golf Tournament

For more information please see the announcement above.
When:
October 26th - 28th, 2006
Where:
Expo Convention Center, Chihuahua City, Chih., MX.
 Expo Alimentab
2006 Chihuahua

CANACINTRA Chihuahua sponsors its 8th annual Expo Alimentab, a forum with the purpose of promoting Mexico's food industry contributing toward its sustainable development, expanding frontiers and increasing its participants capacity for new business.

Expo Alimentab is a specialized fair; the only one of its kind in the region. The strategic position of the state in the geography of Mexico makes Alimentab the chosen platform for launching into distinct international markets.

Expo Alimentab meets in the Expo Convention Center (Centro de Convenciones y Exposiciones) in the City of Chihuahua, within the largest state of Mexico which occupies more than 12% of the nation's territory, the 5th largest economy in the country. Chihuahua contributes 4.4% of the GNP with a border of 936 Km. with New Mexico and Texas. Its strategic location has made Chihuahua one of the most important commercial corridors between the United States and Canada.

For more information email CANACINTRA at alimentab@canacintrachihuahua.org.mx
When:
November 16th and 17th, 2006
Where:
El Paso, Texas
 Hyperborder
"Small Business Trade Conference"

For more information please see the announcement above.
When:
November 29th and 30th, 2006
Where:
Mumbai, India
For More Info Click Here		 Business Development Mission to India

What is your India strategy? This November, Under Secretary for International Trade Franklin L. Lavin will lead a delegation of U.S. individuals and companies to a business summit in Mumbai, India with spin-off missions to Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, or New Delhi. This is an excellent opportunity to make sales and/or contacts in India. For more information and on-line pre-registration please visit http://www.export.gov/indiamission