Nov-Dec 2010 ITU
- Table of Contents
- Full Issue in PDF
- Business Opportunities in Iraq Explored During Trade Mission
- Baltimore-Area Businesses Hear About Opportunities in Iraq
- In Seven Emirates, Many Opportunities for U.S. Exporters
- Trade Calendar
- Featured Trade Event: Clean Tech and Health Care Technologies Trade Mission to Israel, Jordan, and the West Bank
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King Hussein mosque, Amman, Jordan. (photo © Jason Kandel/iStock)
Clean Tech and Health Care Technologies Trade Mission to Israel, Jordan, and the West Bank
February 20–24, 2011
Amman, Jordan; Eilat, and Tel Aviv, Israel
This trade mission is targeted at U.S. firms active in health care and clean technologies (that is, technologies that support increased productivity or profitability while reducing resource consumption or pollution). In addition to stops in Amman, Jordan, and Tel-Aviv, Israel, there will be a stop in Eilat, Israel, for companies involved in the renewable energies sector. Francisco Sánchez, under secretary for international trade, will lead the mission.
Long-standing free trade agreements between the United States and Israel (which came into force in 1985) and between the United States and Jordan (which came into force in 2001) have eliminated duties and tariffs on nearly all U.S. goods and services to those two markets. Hence, they are excellent markets for U.S. exporters looking to expand.
Jordan had a gross domestic product (GDP) of $33 billion in 2009 and a per capita GDP of $5,300. It is transforming itself into an internationally competitive market-based economy. In 2009, the country purchased $1.2 billion in U.S. goods and services. The leading U.S. exports to Jordan include passenger vehicles, rice, aircraft parts, and aircraft. In general, clean technologies are a top priority for the Jordan government. The water sector is of particular concern because of Jordan’s growing population and limited renewable water resources.
Israel has a diversified, technologically advanced economy with a strong high-tech sector, especially in clean technology, medical technology, and biotechnology. The United States is Israel’s largest single trading partner, with U.S. exports totaling $8.6 billion during the first 11 months of 2009. With a favorable dollar exchange rate, U.S equipment suppliers currently enjoy a price advantage over European Union–based manufacturers.
Participants in the trade mission will benefit from customized on-site services and opportunities, including one-on-one prescreened business appointments, detailed information on market access and business opportunities, and networking events to meet government and industry decision-makers.
The cost to participate is $3,900 for large firms and $3,100 for small and medium-sized firms (500 employees or fewer). There is a $650 fee for each additional company representative. Mission participants are responsible for travel, lodging, most meals, and incidentals. Applications must be received by December 27, 2010. For more information about the trade mission, contact Karen Dubin of the USFCS, tel.: (202)-482-3786; e-mail: karen.dubin@trade.gov.
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