The 2016 Global Business Awards will be presented on Wednesday, May 24, 2017 at NDTO’s Global Business Awards Ceremony. The two awards presented are the North Dakota Service to Exporters Award and the Exporter of the Year award. Click here to view the award criteria.
NAFTA has been in the hot seat recently, though the controversial trade agreement never really got out of it. At issue is the U.S.’s trade relationship with Mexico, a developing country in comparison to the U.S. and Canada. Viewpoints on the effects of NAFTA over the years vary depending on the source, but what do the non-partisan institutions say about it? We took a look.
The Philippine economy has led its ASEAN partners in terms of GDP growth, achieving an overall rate of 6.8% during 2016 according to information released by the Philippine Statistics Authority last week. This rate edged out the neighboring countries of China (6.7%) and Vietnam (6.2%.) This level of growth builds upon other favorable market indicators such as a growing Filipino middle class and an increasing preference for healthy foods.
A bill to improve truck productivity in North Dakota is on the table for legislators to vote on this legislative session. The bill would amend North Dakota Century Code Title 24 by creating a limited network of roads within the state on which a 129,000-pound gross vehicle weight is allowed for long combination vehicles. The intent for boosting truck productivity is to increase the transport of regional agricultural products to the Port of Minot, keeping transportation revenues within the state and lowering costs for exporters.
According to a United Nations report released in late 2016, 47% percent of the world is now using the internet. This is up from the 43% estimated one year prior. Each percentage point of this statistic represents millions of people that now have access to life-changing health and education information, as well as global commerce. This report, along with the annual report from WeAreSocial.com, details internet use by country, painting a picture of how connected we are, and how far we have to go.
Fifth generation owner/partner and vice president of SB&B Foods, Todd Sinner, is currently traveling, visiting customers of the family’s food-grade ingredient company based in Casselton, North Dakota. He will join his father, Robert Sinner as they complete yet another journey overseas to build upon the popularity of SB&B Foods’ non-GMO, identity-preserved products in international markets. The family-owned company delivers food-grade products to approximately 70 customers outside of the U.S., a patronage earned after years of effort.
The North Dakota Trade Office is excited to announce a Peru-North Dakota ‘Better for You Food Ingredients’ Conference & Exhibition to take place April 24-27, 2017. This conference and exhibition will introduce Peruvian buyers, research and development specialists, and food manufacturers to North Dakota specialty crops such as beans, peas, lentils, and chickpeas. The North Dakota Trade Office (NDTO) is co-organizing the mission with BusinessHub, a boutique consulting firm specializing in international business development. BusinessHub is based in Santiago, Chile with an office in Lima, Peru. North Dakota companies participating in this mission are eligible to receive Specialty Crop Program funding.
Changes to the Department of Commerce’s definition of an “export” were finalized this past fall and published in the Bureau of Industry and Security’s Export Administration Regulations (EAR). The revisions were completed in order to further harmonize the EAR with the Department of State’s International Traffic in Arms Regulations (ITAR). The EAR and ITAR are the two main export control laws for technology. The EAR covers “dual use” items – commercial products that could have military applications. ITAR covers defense articles that are on the United States Munitions List (USML). There were several takeaways from these revisions that may apply to North Dakota companies and institutions, and are overviewed as follows.
‘Tis the season of gift giving! At this time of year, we offer tokens of our love and friendship to family and friends to show how much we value and care about them. The same idea applies to the gifts that we choose for our business partners, at any time of year. We bring a gift to show our appreciation for them and how important the relationship is to us. However, gift giving traditions in other countries can widely vary. To aid in your selection of a gift, the NDTO has gathered gift giving tips and advice from around the world.
At Appareo, Director of Solutions Engineering, Brad Thurow, holds an exciting position – he’s in charge of conceiving new products and turning them into reality. In his position, “concept” is a verb as he takes a look at real world issues and solves them with electronics. Thurow works in business development, helping to define new projects that will be solved by the team members at Appareo. Appareo is a design, development and manufacturing firm of electronic and software solutions with headquarters in Fargo. The company predominately works in the aviation and agriculture industries.