Italy: Capitalizing on Commercial Opportunity and a Rich Cultural Heritage
International Trade Week in New Jersey will be dedicated to explore Business Opportunities between US and Italy
(PRWEB) May 2, 2005 -- To celebrate the 75th Anniversary of World Trade Week
in the United States, as proclaimed by the President and the U.S. Department of
Commerce, New Jersey will dedicate its 34th annual edition to Italy, with a
day-long conference to be held on Tuesday, May 17, 2005 at The Birchwood Manor
in Whippany, (NJ). The theme is Italy: Capitalizing on Commercial Opportunity
and a Rich Cultural Heritage, stressing the important component of our ethnic
group in the state. It will address the strategic challenges of doing business
with Italy as well as import/export and investment opportunities.
The
U.S. – Italy bilateral relationship is strong and growing, with the two
countries cooperating closely on major economic issues. Italy is one of the
United States’ and New Jersey’s most important trading partners. In 2003, the
U.S. was the fourth largest foreign supplier in the Italian market, and the
largest supplier outside the European Union. In 2003, the State’s exports to
Italy were valued at approximately $470 Million, thus placing Italy, from an
economic standpoint, well within the top ten countries conducting business with
New Jersey. Both New Jersey and Italy enjoy a strong and diversified
manufacturing sector and are equally strong agricultural producers.
New
Jersey is a unique location for international trade, with a diverse population
and proximity to Newark Liberty International Airport, major railroad and
trucking routes, and the important commercial Port of Elizabeth. Each year, the
New Jersey World Trade Council Conference attracts hundreds of investors,
government officials, businessmen and educators from New Jersey and the host
country. This edition is designed to stimulate business between American and
Italian operators. The annual gathering has captured national attention and is
regarded as a key event during World Trade Week.
Open to the public, the
conference provides the whole Metropolitan area and Italian businesses and
corporations a forum to learn about the growing commercial opportunities between
New Jersey and Italy. The conference will feature panel discussions, trade
exhibits and speakers that highlight important import/export, foreign direct
investment and portfolio investment opportunities. Speakers from the New Jersey,
Federal and Italian governments will describe mechanisms for establishing
corporate trading relations, the procurement of financing, regulations and the
business environment. For the past 33 conferences, participants have been able
to meet the Governor of New Jersey and high ranking government officials from
the Host Country and network with vendors, suppliers and potential business
partners, as well as government agency, legal, tax and financial
advisors.
In addition to New Jersey Acting Governor Richard J. Codey,
anticipated speakers include: The Honorable Antonio Bandini, Consul General of
Italy in New York; The Honorable Stefano Mistretta, Consul General of Italy in
Philadelphia; The Honorable Virginia Bauer, New Jersey Secretary of Commerce and
Chairman of The Economic Growth Commission; Larry N.
Paragano, Jr., Chairman of the New Jersey Italian and Italian-American Heritage
Commission; Anthony R. Coscia, Esq., Chairman of the Board of Commissions, Port
Authority of New York/New Jersey; Joseph J. Seneca, Ph.D., University Professor,
Rutgers, The State University of New Jersey; Vito Racanelli, foreign
editor/Europe, Barron’s; Dott. Roberto Luongo, Director, Italian Trade
Commission; Ted Zangari, Esq., Partner, Sills Cummis Epstein & Gross, P.C.;
Stefano Crosio, Esq., Partner, Gianni Origoni Grippo & Partners; Brendan R.
McCahill, President and COO, PIERS/Global Intelligence Solutions and Eric
Stewart, Deputy Assistant Secretary, Europe, U.S. Department of
Commerce.
The event is co-organized by the New Jersey Italian and Italian
American Heritage Commission and the New Jersey World Trade Council, a
not-for-profit organization promoting cross-border trade and investment between
New Jersey businesses and countries of the free world. The conference provides
an invaluable window into economic opportunity for New Jersey and should not be
missed by anyone engaged in international trade.
For additional
information about the conference please contact Daniela Puglielli at (908) 212
7846, or Roger Marinzoli at (732) 932 0670. For reservations please call John
McCahill at (732) 531 1760 or Lee Eagles for exhibit space at (201) 488 5800 –
ext 118.
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Source : http://www.prweb.com/releases/2005/5/prweb235289.htm