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ADVOCACY BLOG


  • 20 Aug 2013 4:44 PM | Anonymous

    World Trade Center San Diego Partners with International Language Solutions Firm, Commit

    Translation specialists assist biotech and others eyeing international growth

    SAN DIEGO, CAL - JULY 17, 2013 - The World Trade Center San Diego (WTCSD) announced its partnership with Commit, a leading language services provider. Commit’s U.S. operations are based in San Diego, California with company headquarters in Athens Greece. The relationship will allow WTCSD member organizations to easily access tailored translation services that can assist in strengthening their global reach.

    Commit’s translation services are used by businesses in industries that employ highly technical language in the biotech field and medical, pharmaceutical and clinical research companies worldwide. Their proficiency in translation, localization, interpreting and consulting solutions is qualified by over 15 years of international experience and services in over 80 languages. 

    Companies positioning their products and services in a foreign language or culture will find localization practices important. Commit sets up industry-specific project managers with specialized teams that include translators and proofreaders to meet  these needs, they also engage sophisticated software applications to ensure high-quality deliverables.

    Commit offers a wide range of language capabilities for business needs that include legal documents, instruction manuals, websites and internal communications. 

    The partnership between the World Trade Center San Diego and Commit adds an invaluable tool to the extensive suite of services for WTCSD members, it represents the dedication of both organizations to facilitate international business opportunities for San Diego companies. 

    About COMMIT

    Founded in 1997, Commit is a leading language services provider headquartered in Athens, Greece with U.S. operations based in San Diego, California. Commit offers a complete portfolio of services, including localization, translation, interpreting and consulting. Key strengths include experienced personnel, responsiveness and flexibility, competitive local market prices and commitment to high quality. http://www.commit-global.com/

    About World Trade Center San Diego

    World Trade Center San Diego is a non-profit trade association that provides comprehensive international trade services and key global contacts to facilitate and expand trade for regional worldwide clients. Leveraging its global network of World Trade Centers and affiliate partners, WTCSD is the proven forum for international information, communications and connections. WTCSD is licensed by the World Trade Centers Association (WTCA) in New York City and is affiliated with an international network of over 1 million international members and patrons. 

    Learn more about how translation and localization can help your company grow in global markets. 

  • 08 Jul 2013 10:37 AM | Anonymous

    The Trans-Atlantic Trade & Investment Partnership Agreement (TTIP) is an agreement that would bring the European Union (EU) and the United States (US) together in an ambitious and comprehensive free trade zone.  It is envisioned as an ambitious, high-standard trade and investment agreement that would provide significant benefit in terms of promoting US international competitiveness, jobs, and growth.

    ** On June 17th, 2013 U.S. and E.U. announced they will be launching negotiations on the TTIP, with first round of negotiations taking place the week of July 8th, in Washington D.C. **


    Economic Statistics:

    • World's largest economic relationship, accounts for 1/3 of total goods and servies trade
    • 5 Million jobs
    • 2 billion Euro a day in trade flows
    • Mutual investment stocks approaching 5 trillion Euro in total
    • US has sent 21-25% of its exports to the EU and received 19-21% of imports from the EU

    Purpose:

    • Seek to strengthen the World Trade Organization (WTO) and the multilateral trading system it oversees
    • Further open market to grow the $459 billion in US goods and services exports to the EU (which supports 2.4 million US jobs)
    • Strengthen rules-based investment to grow the world’s largest investment relationship
    • Tack costly “behind the border” non-tariff barriers that impede on the flow of goods and services trade

    Addressing Concerns:

    Q:  Because of the size of the agreement (largest ever), does this mean the EU and the US are withdrawing from the rest of the world and pulling away from the multilateral system?

    A:  No, EU has no desire to do anything that would undermine the multilateral rules-based system or our relations with other partners

    Benefits
    Sets standards for US and EU which can be used as a template

    For more information on WTCSD Advocacy Committee, please email Hugh Constant at hconstant@wtcsd.org

  • 15 May 2013 2:28 PM | Anonymous

    “It’s clear to us we are a global city,” said City of San Diego Mayor Bob Filner as he kickedoff apress conference and town hall on May 13. Its focus was the need for the San Diego region to increase 

    export activity in order to grow jobs and economic prosperity. It may be clear to San Diego, but it might not be clear to the rest of the world. He's out to change that perception and at the same time create more of the middle class jobs that were once the backbone of the San Diego economy. "We have not fulfilled our potential," he said, adding that we have the political will to change.

    Each speaker commented on the findings of a market assessment that was the catalyst for the gathering. The market assessment is the first key step in the Brookings Metropolitan Export Initiative, a program focused on helping eight regions create collaborations from the ground up to design and implement customized metropolitan export plans.

    City of San Diego City Councilman Mark Kersey pointed out that San Diego has lots of advantages other areas don’t have, such as our technology sectors.

    Michael Masserman, from the U.S. International Trade Administration came to offer his agency’s support which includes opening markets for exports and entering into trade agreements to facilitate exports. “Jobs in export-oriented companies pay 15 – 20 percent higher wages that their non-exporting counterparts,” said Masserman.

    Elliott Hirshman, president of San Diego State University, discussed the importance of international engagement in educating the workforce of the future citing a substantial increase in international programs at San Diego State.

    Peter Cowhey, dean of the School of International Relations and Pacific Studies at UC San Diego, presented highlights from the market assessment. Cowhey, along with two of his graduate students, was responsible for conducting the survey and collecting the data for the market assessment. “San Diego is punching well below our weight,” said Cowhey, pointing out that although San Diego is the country’s 17th largest metropolitan economy, we rank only 55th when examining exports as a share of our regional economic output.

    The market assessment revealed that San Diego’s exporters see a need for infrastructure development in three major areas: port, airport and cyber infrastructure.

    Bob Nelson, vice chair of the board of port commissioners, agreed that if the region is going to see growth in exports then we need to see growth in infrastructure. The Port has in the works infrastructure improvements worth close to $100 million.

    Robert Gleason, board chair of the San Diego County Regional Airport Authority, said that San Diego International Airport has a critical role to play in increasing export activity. That includes additional international non-stop service and increasing cargo capacity. An added benefit of more international visitors (which are also considered exports) is that they typically spend almost double what a domestic visitor spends on a trip.

    Steven Weathers, president and CEO of World Trade Center San Diego, an organization that provides direct services to exporting companies, said that many people ask him, “What’s the big goal?” His answer? “Job creation – sustainable, diverse, job creation.”

    Photo: Steve Weathers, President & CEO, World Trade Center San Diego 

    Access the full report: San Diego Metropolitan Export Initiative Market Assessment 

    Fast Facts: San Diego Metropolitan Export Initiative Executive Summary 

    Expert Statements: Hear What San Diego's Regional Experts Have to Say

    Media coverage 

    Region needs to boost exporting, report saysU-T San Diego
    Local leaders push boosting tradeThe Daily Transcript  
    San Diego could be exporting more, Brookings Institution reports, KPBS

  • 24 Sep 2012 2:22 PM | Programs WTCSD (Administrator)

    In a world where the state of the economy is a source concern for nearly everyone, it appears that Apple’s iPhone 5 may be a small glimmering light, in an otherwise dark tunnel that is the U.S. economy. It has been estimated by JP Morgan that sales from the iPhone 5, may boost Quarter 4 GDP by $3.2 billion, which will have a significant impact on the United States’ overall GDP growth.  While, some experts caution that this number may be an overestimation, if Apple is able to meet expectations, it would boost “annualized GDP growth in Q4 by .33%”, which is nothing if not significant. 

    Not only does this show how powerful Apple is in the United States but, it also demonstrates the growing strength of the company internationally as well. An increase in Apple’s influence in foreign markets can be seen through a comparison of Q2 sales in 2011 versus Q2 sales this year, 2012. The company demonstrates a growing presence in both the Asian Pacific and Japan, with the company’s % of total sales increasing from 19.2% to 25.9% in Asia and from 5.6% to 6.8% in Japan.  While, the growth rate did slow in the U.S. compared to Europe, ( 41% growth in the U.S. vs. 46% growth in Europe), the debt crisis and recession still appear to be having little impact on the demand for Apple products at home and abroad.  In a time of global economic strife, Apple stands out as a leader in both the domestic and international market. 

    For more information please visit:

    http://appleinsider.com/articles/12/09/10/massive_sales_of_next_gen_iphone_could_boost_us_gdp

    and

    http://money.cnn.com/2012/04/25/markets/thebuzz/index.htm\

 
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