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U.S.-Israel Commercial Opportunities Jim Cramer, Deputy Senior Commercial Officer, U.S. Embassy Tel Aviv 1/04/2010.

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Presentation on theme: "U.S.-Israel Commercial Opportunities Jim Cramer, Deputy Senior Commercial Officer, U.S. Embassy Tel Aviv 1/04/2010."— Presentation transcript:

1 U.S.-Israel Commercial Opportunities Jim Cramer, Deputy Senior Commercial Officer, U.S. Embassy Tel Aviv James.Cramer@mail.doc.gov 1/04/2010

2 U.S. Commercial Service Israel  The U.S. Commercial Service Israel has offices in Tel Aviv and Jerusalem.  Tel Aviv has primary responsibility for Israel, and Jerusalem for the West Bank.  As part of the U.S. government, we are dedicated to Israel’s continued security and prosperity, with whom we have an unbreakable bond.  The U.S. Commercial Service Israel is home to 2 commercial officers, 6 trade promotion specialists and a support staff of 4.  During FY09, we helped U.S. companies generate 105 export sales to Israel and the West Bank.  During our first quarter 2010, we have helped U.S. companies make 27 export sales to Israel and the West Bank.  We work closely with our Agricultural section on issues ranging from helping Israeli agricultural equipment importers to food labeling standards. Copyright US Commercial Services 2009 2

3 U.S – Israel Commerce Cooperation & Mutual Prosperity  The U.S.-Israel Free Trade Agreement was signed in 1985, the first FTA for either country.  Since that time, there has been an eight-fold increase in bilateral trade.  Annually, Israel is the United States’ first or second largest trading partner in the Middle East, and roughly 20th amongst all of our global trading partners.  In 2008 we traded over US$36.8 billion of goods and services, of which $14.49 billion were exports to Israel and $22.34 billion imports from Israel.  For the first 10 months of 2009, we have traded US$23.06 billion of goods and services, of which $7.78 billion were exports to Israel and $15.28 billion imports from Israel.  There are strong cultural, educational, R&D, investment and tourism ties between the U.S. and Israel.  Both boast the world’s two largest Jewish communities.  Both business environments are driven by innovation and technology. Copyright US Commercial Services 2009 3

4 How do we help the Israeli importer?  We can provide information on U.S. tradeshows specific to your industry.  At times, these shows include U.S. Department of Commerce pavilions, where we can organize one-on-one meetings between Israeli buyers and American exporters.  We can brief U.S. partners on “Doing business in Israel”.  We can publicize to our U.S. offices, information on products that Israeli importers need.  We can help you get in touch with U.S. exporters, and work with our offices to arrange a conference call.  We can put you in contact with U.S. states to hear about their investment incentives.  If you are looking to sell into the U.S., refer to www.israeltrade.org. Copyright US Commercial Services 2009 4

5 U.S. Commercial Service Promoting U.S. Agricultural Exports 13 January 2010 Yael Torres U.S. Department of Commerce yael.torres@mail.doc.gov www.BuyUSA.gov/israel Copyright US Commercial Services 2009 5

6 Promoting U.S. Exports  A network of 100 domestic offices and over 80 offices worldwide  http://www.buyusa.gov/home/ http://www.buyusa.gov/home/  Agribusiness Home  http://export.gov/industry/agribusiness/index.asp http://export.gov/industry/agribusiness/index.asp  Trade Events  AG CONNECT Expo 2010 http://www.agconnect.com/ AG CONNECT Expo 2010http://www.agconnect.com/ January 13-15, 2010 in Orlando, Florida.  International Poultry Expo/International Feed Expo 2010 http://www.ipe10.org/ International Poultry Expo/International Feed Expo 2010http://www.ipe10.org/ January 27-29 in Atlanta, Georgia.  US Ex-Im Bank Financing Program  for Capital Goods Imports from the US Copyright US Commercial Services 2009 6

7 US Ex-Im Bank Financing Program for Capital Goods Imports from the US  EXIM is the Export-Import Bank of The United States and the official export credit agency of the US Government  EXIM Mission: is to promote the export of US goods and services by providing guaranteed financing facilities through commercial banks  Product features medium to long term financing  Usual repayment term is 5 years  Facility amount is typically in the range of US$500,000 to US$20,000,000  Buyer must meet certain credit standards  Unsecured lending / no collateral needed in most cases  Competitive Pricing  Up to 85% of the contract value can be financed  US Ex-Im fees can be fully financed  Eligible Goods:  all capital equipments and services, except items relating to military / defense and those considered hazardous to the environment  Goods must be shipped from US to the Buyer CONTACT: alan.wielunski@mail.doc.gov; Phone: 03-519-7390alan.wielunski@mail.doc.gov Copyright US Commercial Services 2009 7


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