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  Thursday, May 12, 2011         Issue 263         Volume 11 Number 10 Sponsor this Newsletter
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Dear International Traders,

This week in Really Useful Resources you will:

• Learn about doing business in Spain
• May is World Trade Month
• Ship temporary exports without paying tariffs with an ATA Carnet

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We invite our subscribers to take a look at FITA Online's new website, Register (click on "Create profile" on the upper right corner of the home page) list your business and expertise and upload your content in the form of text, pdf files, PowerPoint presentations, videos and RSS feeds.

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Strength in Spite of Problems

Spain has been hit hard by the economic and financial crisis, with a contraction in GDP of about -3.7% in 2009 and only 0.1% growth in 2010 and an unemployment rate of nearly 20%. However, the outlook is not all bleak. Spain is still the 9th largest economy in the world, with average growth much higher than the EU. And in 2009 it was the 7th largest target for foreign direct investment in the world in spite of the crisis. The United States is the 4th largest investor in the country. Take a look at Invest in Spain for more information about FDI in Spain.

Poble Nou, commercial and research district in Barcelona
Poble Nou, High-Tech Commerial and Research hub in Barcelona

The Spanish banking system has remained relatively strong during the crisis. On May 23 the Spain - Latin American Forum on International Banking, organized jointly by the International Bankers Association of Florida - FIBA, the Federation of Latin American Banks - FELABAN and the Spanish Association of Banks - AEB will be held in Madrid, Spain. This event will be an opportunity to discuss issues of increased coordination between the U.S. banking community, Spain and Latin American.

With a 22% increase in net income for the year 2010, Banco Santander the largest Spanish bank, the largest bank in the Eurozone and one of the largest banks in the world in terms of market capitalization, is one of the architects of the country's economic recovery. Santander, which seems to have been less exposed to the economic crisis, has over the past two years bought several foreign banks in Europe, North and South America.

For more information on the country, you can visit:
The site Doing business in Spain
U.S. Commercial Service in Spain
FITA's Country Profile of Spain

To help you do business in Spain:
A Directory of Business Associations in the city of Madrid
The site of the U.S. Embassy in Spain
The site of the American Chamber of Commerce in Spain
Global Trade page of Spain

For information on other countries of the world The FITA "Country Miniportals"

Global Sources

See what you may have missed at the China Sourcing Fair this April – and contact the exhibitors online!

Buyers who can’t attend the China Sourcing Fairs in Hong Kong this April can experience them now online! Connect with quality exhibitors from the shows and see products that are featured in the shows at our Online Sourcing Fairs. For buyers who attended the live shows, check out the products you may have missed and follow up on products you’re interested.

Visit any or all of the three Online Sourcing Fairs below and send inquiries to the exhibitors online:

Online Sourcing Fair: Garments & Textiles

Online Sourcing Fair: Security Products

Online Sourcing Fair: Christmas & Seasonal pavilions (Gifts & Premiums show)

The Online Sourcing Fairs service was recently launched by Global Sources. Buyers can see products that are featured in the China Sourcing Fairs, before, during, and after the shows - online from anywhere in the world. The Online Sourcing Fair is built on the foundation of the China Sourcing Fair face-to-face shows, and includes product profiles of each exhibitor's featured products, multiple images of all of the booths, and video on companies, products and conference sessions.

May issues of Global Sources’ sourcing e-magazines are now available! ! Get new product updates, insights into the latest market trends and contact details for hundreds of suppliers. Download your copy for FREE!

World Trade Month
Expand into the global market and defend American competitiveness

Since the 1920’s, May has been recognized in the U.S. as World Trade Month. It is a period where business associations throughout the U.S. hold seminars and networking events celebrating the importance of integration trade to the U.S. and world economies. During the 2011 World Trade Month, along with the trade programs and events taking place the entire month, President Obama’s Trade Promotion Coordinating Committee (TPCC), comprised of 18 federal trade promotion agencies including the U.S. Department of Commerce, will transmit the 2011 National Export Strategy (NES) to the U.S. Congress.

Although trade programs and events will take place during the entire month, World Trade Week (May 16-22) is the period with the most number of events. Participate to expand your network, talk about today’s economic challenges, turn them into tomorrow’s opportunities and learn from companies that are successfully doing business in foreign markets.

The largest World Trade Month events are being held this year in: New York,
Los Angeles, Miami, Oregon.

World Trade Week
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Temporary Exports with No Duties: ATA Carnet
ATA Carnet, your passport for exhibits, equipment and more

ATA Carnet (pronounced kar-nay) is an international customs and export-import document. It is used to clear customs in more than 70 countries and territories without paying duties and import taxes on merchandise that will be re-exported within 12 months.

The ATA Carnet acceptance is growing: Bosnia & Herzogovina joined the system in April; Mexico will be in the program starting May 16; Brazil will soon be in the program. Stay informed: Follow the advisories and see the countries where ATACarnet is accepted.

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Provided by:

ATA Carnet - Temporary Exports, USA
ID GotoMARKET Inc. - Market Entry in Canada and the U.S.
Management Dynamics - Global Trade Management Services in the US

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Partner is our new resource for worldwide international trade professionals. Check out Knowledge Resource and the Directory of International Trade Service Providers.

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World Trade Week Los Angeles, May 13 - June 6, Los Angeles, CA
World Trade Week New York, May 16-20, New York City, NY.
Futurallia KC 2011, Kansas City, MO, May 18-20 2011


U.S. Export Controls Compliance Conference, Latrobe, PA May 24-25, 2011
China International Environment Protection Exhibition & Conference (CIEPEC), Beijing, China June 7-10, 2011
Executive-led Trade Mission to South Africa, September 19-23, 2011 Registration deadline is July 18!!

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U.S. Commercial Service Events and Webinars
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Fita is proud to be a corporate partner of the U.S. Department of Commerce.


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Trade Compliance Analyst for SABIC Innovative Plastics
• Or click here to browse more than 700 other positions!

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