Quality research is a fundamental part of building a successful export business. In a world of constant information-sharing via the Internet, it is sometimes assumed that answers can be found with a quick Google search; however, uncovering valuable trade information is usually time consuming and often expensive. That’s why the North Dakota Trade Office (NDTO) is now offering top research software to all NDTO Export Members, including AtoZ World Trade and Kompass.
Presentation to be Held at the University of North Dakota (UND)
The Ambassador of Japan to the United States, Ichiro Fujisaki, is scheduled to visit North Dakota on Tuesday, July 31, 2012. Ambassador Fujisaki plans to meet with business and community leaders and is scheduled to give a public presentation about the relationship between Japan and North Dakota at the University of North Dakota (UND). The presentation will focus on trade challenges and opportunities between the two regions.
NDTO and our partners have a full agenda of events, trade missions and trade shows planned for Fall 2012. Below is a list of events. If your company is interested in participation or in learning more about any of the items listed below, contact Lindsey Warner at Lindsey@ndto.com or visit www.ndto.com.
The North Dakota Trade Office has partnered with The University of North Dakota’s College of Business & Public Administration for the fourth installment of the UND Export Management Course. The 12-week course is offered to students as well as business professionals and prepares attendees for expansion into the global marketplace. For exporters, the class will run from Aug. 22 – Nov. 14, 2012.
For American companies, selling goods and services to international buyers can be risky without the proper backing, information, or support. Many businesses are wary of stepping into the global marketplace because of the risk of non-payment. The Export-Import Bank of the United States (Ex-Im Bank) is willing to take on the risk for exporters. There are no transactions, in terms of dollars, that are too small for the Ex-Im Bank to consider.
Part of North Dakota’s unique position in a troubled economy has been the state’s ability to look outside of its borders and invest in the global economy. To complement growth based on exporting, trade missions, cultural exchanges and educational programming, a group of international business leaders from North Dakota has joined forces with the U.S. Global Leadership Coalition (USGLC) to create the USGLC North Dakota Advisory Committee. This group of business, humanitarian and educational leaders will work to give North Dakotans a voice on foreign policy and international programs. Specifically, all members of the North Dakota Advisory Committee have lent their name in support of the International Affairs Budget and its importance to the state.
Healthy Oilseeds, the international division of Gussiaas Family Farm, has entered an agreement with Haitnim Nara Foods to provide flaxseed oil for its South Korean operation. The agreement was made during a recent trip to North Dakota by Haitnim’s President, Mr. Bongsuk Shin. Healthy Oilseeds will provide the South Korean company with monthly shipments of flaxseed oil.
Delegation Announces Kazakhstan USCS Office Will Remain Open
The Fifth Astana Economic Forum – the international event in which participants discuss the current state and future of Kazakhstan and neighboring countries – attracted a record 8,000 participants from 93 countries. An emerging market with one of the most stable economies and top growth potentials in the world, Kazakhstan is on the minds of many exporters and investors from the U.S., and North Dakota is on the top of this list. NDTO Executive Director Dean Gorder was among the participants who attended the event, which was held in Kazakhstan’s capital city May 22-24.
Local Company Kringstad Ironworks Make Nearly $1.5M Sale to Russia
FARGO, ND – The North Dakota Trade Office (NDTO) announced today that North Dakota’s exports for the first quarter of 2012 increased 35.1 percent over the same period in 2011, the second fastest growth rate in the nation after New Mexico, according to U.S. Department of Commerce statistics. North Dakota’s first quarter export figures exceeded $1 billion for the first time in the history of the state.
The North Dakota Trade Office will be bringing the Export Management Course to Jamestown College in Fall 2012. The 12-week educational course offered to students and business professionals covers all key areas of the export industry and gives participants practical knowledge to help avoid the common – and not-so-common – missteps that can create regulatory headaches and strip companies of customers and profits. The course, which is also held at UND in the fall and NDSU during the spring semesters, will begin in Jamestown on August 28.