CHEMTECH
May 1999
CHEMTECH 1999, 29(5), 11-16.
Copyright © 1999 by the American Chemical Society.
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STARTING THE PROCESS Let the government help build your international businessThe United States and Foreign Commercial Service of the U.S. Department of Commerce has built a network of centers around the globe to link U.S. businesses and clients to foster partnerships for a global marketplace.Tish FalcoA s we approach the 21st century, the marriage of international and domestic markets is becoming more mainstream. The Internet, electronic mail, and other technological advances in communication have created a fast-paced global economy. These technologies have altered the way businesses operate by bringing individuals closer together and making business transactions easier. To keep pace with this changing global economy, many U.S. businesses, especially small- and medium-sized companies, have found the help they need from the United States and Foreign Commercial Service (US&FCS). An agency of the U.S. Department of Commerce (DOC), US&FCS supports U.S. commercial interests overseas and facilitates American export sales. US&FCS facilitates U.S. trade to keep American businesses globally competitive. As a global facilitator, US&FCS works with other public and private trade organizations to help small- and medium-sized companies develop management strategies for expanding into international markets.
How US&FCS can work for you US&FCS can help chemical exporters discover exciting and lucrative opportunities in international markets; these might include discovering privatization ventures in Berlin and Bonn or breaking into hard-to-crack markets in China. By forming a long-lasting and personal partnership with clients, US&FCS is able to help them overcome the obstacles of globalization. A partnership with US&FCS offers a multifaceted relationship, with the US&FCS playing the role of an international business advisor, advocate, and business partner to ensure export success. Partnerships with U.S. chemical exporters usually begin in our domestic offices and extend worldwide through our network of international offices, District Export Councils (DECs), state trade development agencies, world trade centers, host country business organizations, and American chambers of commerce. US&FCS facilitates trade and meets client expectations by providing high-quality service. A partnership with US&FCS begins with an international development strategy specifically tailored to clients'--in this case, chemical exporters'--needs and continues with a commitment to success and high performance. The following are some examples of how US&FCS has and will continue to help numerous chemical exporters to overcome the obstacles encountered during globalization.
Meeting the needs of global clients
Convenient global network of offices
EACs are staffed by US&FCS trade professionals who provide one-on-one federal export counseling. Clients, such as chemical export companies, are each assigned a trade specialist who works with their business to identify the best markets for their products and to develop an effective market entry strategy. Trade specialists also advise clients on distribution channels, pricing, programs and services, and relevant trade shows and missions. In addition, they assist with trade finance programs that are available through federal, state, and local entities. Available in most U.S. business districts, US&FCS's cadre of trade professionals offers U.S. businesses a unique link to overseas market information, contacts, and trade expertise. In addition, each of our domestic offices works closely with experienced international business partners. This team of partners includes a national network of 51 DECs, a coalition of business, academic, and government professionals dedicated to expanding international trade by providing business advice, as well as a variety of private sector partners ready to help U.S. businesses in the demanding field of international business. Some businesses, which already have operations overseas, or which are relatively experienced exporters, may want to contact commercial service officers at our international offices directly. To guarantee ease of access and convenience for U.S. companies, we have strategically placed offices throughout the United States and in almost 70 countries abroad. See sidebar, Overseas Offices, for a complete list. These officers are committed to helping chemical companies explore diverse, new international business opportunities. US&FCS covers every region of the world with approximately 150 offices in East Asia Pacific, Africa, the Near East, South Asia, the Western Hemisphere, Europe, and the New Independent States (NIS). Many overseas offices are strategically located in local business districts and outside U.S. embassies to facilitate easy access and efficient business operations. To ensure that government functions complement rather than compete with services provided by American private-sector entities, international commercial service officers work closely with local American chambers of commerce and other key private-sector partners operating in the area. Commercial service officers are professionals dedicated to helping U.S. companies achieve international success. Commercial service officers have extensive private sector insights and an intimate knowledge of the language, culture, and business practices of the region. They are on the front lines, working with host-country decision makers and engaging the competition as they promote U.S. exports. Commercial service officers advise U.S. firms on business opportunities and advocate on behalf of American companies in project bidding and trade disputes.
Assisting emerging markets ![]() The developing markets in Russia and NIS offer significant potential challenges and rewards for American firms. To help U.S. companies enter this market, we have worked with the U.S. Agency for International Development (USAID) to establish American Business Centers (ABCs) in 11 key cities throughout Russia and NIS. The ABCs are one of our many innovations to help U.S. companies gain market access around the world. By providing essential professional office and business support services similar to the overseas offices, the ABCs are breathing commercial vitality into cities and industrial centers that were previously ignored by U.S. exporters, because they lacked modern, efficient business facilities and critical support services needed for trade and investment. US&FCS works in conjunction with other government agencies to guarantee a sound trade promotion infrastructure. The office of Multilateral Development Bank Operations (MDBO), a sector of US&FCS, provides outreach and counseling to U.S. firms seeking to bid on MDB-financed projects; the MDBO also coordinates the activities of the US&FCS liaison officers posted to the five MDBs: the World Bank, the Inter-American Bank, the Asian Development Bank, the African Development Bank, and the European Bank of Reconstruction and Development. The MDBO focuses particularly on helping small- and medium-sized companies--which sometimes have difficulty gaining access to international credit or other sources of international development aid. The MDBO alerts U.S. firms to a multitude of international finance projects through business outreach, information collection and dissemination, counseling, advocacy, training, and public relations.
Harnessing new technology A new initiative, Innovation 2003, is focused on selected domestic offices and overseas posts in South America, the Middle East, Europe, and Southeast Asia. These pilot sites are testing new customized services and are experimenting with tailoring existing products and services to better meet clients' needs. US&FCS also helps support DOC's electronic commerce, or e-commerce, initiative. Through e-commerce, companies conducting daily business transactions via the Internet can streamline operations and conduct business faster, cheaper, and more effectively. Entrepreneurs can start new businesses more easily by accessing up-to-date information. Videoconferencing is another promising trade promotion service in which companies, as well as political and economic officials throughout the world, can connect via the Internet rather than by satellite. Companies using state-of-the-art technology can eliminate cumbersome travel costs and physical obstacles. With e-commerce, companies also can find business contacts and make sales. Video Gold Key, a technological variation of the Gold Key service, can now be made online, connecting companies separated by physical barriers. Refer to http://www.ita.doc.gov for more information on Video Gold Key. Technology is now connecting cultures and nation-states during the process of globalization. US&FCS has also found another way to use e-commerce to help U.S. exporters: "push technology". U.S. companies using "push technology" can receive customized international market research directly to their desktops. A U.S. company only needs to indicate their business and markets of interest to our overseas offices via the Internet, and those offices will send relevant information on existing opportunities in industries and international markets. Also, the recently developed Virtual Trade Show allows U.S. companies to exhibit products and services online via the Internet during and after a trade show. The US&FCS is proud to help U.S. chemical exporters better understand the emerging world market and to assist small- and medium-sized U.S. chemical companies in successfully overcoming obstacles to gaining or increasing their market share overseas. The solid trade promotion infrastructure that connects the domestic and international offices, the portfolio of reliable, reasonably priced trade promotion tools, and the on-going effort of the US&FCS to develop cutting-edge, innovative technology allow this government agency to promote exports of U.S. chemical goods. |
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