Renewable Energy and Energy Efficiency Executive Business Development Mission, 20320-20323 [2011-8715]
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Federal Register / Vol. 76, No. 70 / Tuesday, April 12, 2011 / Notices
managers remain in positions identical
to those they held in Grobest & I–Mei.
See Attachment 3 of Viet I–Mei’s
February 28, 2011, submission.
In addition, the submission indicates
that the production facilities for Viet I–
Mei and Grobest & I–Mei are identical.
Following the name and investment
changes, Viet I–Mei retained the same
address and assets as Grobest & I–Mei.
See Attachments 2 and 4 of Viet I–Mei’s
February 28, 2011, submission.
In its March 18, 2011, submission,
Viet I–Mei identifies Grobest & I–Mei’s
raw materials suppliers and Viet I–Mei’s
raw materials suppliers, showing that
Viet I–Mei’s raw material suppliers are
identical to Grobest & I–Mei’s.
Additionally, Viet I–Mei provides
representative invoice samples from raw
material suppliers to Grobest & I–Mei
and Viet I–Mei. See Attachments 1 and
2 of Viet I–Mei’s March 18, 2011,
submission.
Further, Viet I–Mei addressed changes
to its customer base by providing
customer lists and representative
invoices and packing lists. The lists
show that the customers of Viet I–Mei
were customers of Grobest & I–Mei. See
Attachments 3, 4, and 5 of Viet I–Mei’s
March18, 2011, submission.
Given the few changes noted above,
we have preliminarily determined that
no major changes have occurred with
respect to Viet I–Mei’s management,
production facilities, suppliers, or
customer base as a result of the
dissolution of the partnership of Grobest
& I–Mei.
When it concludes that expedited
action is warranted, the Department
may publish the notice of initiation and
preliminary results for a CCR
concurrently. See 19 CFR
351.221(c)(3)(ii); see also Initiation and
Preliminary Results of Antidumping
Duty Changed Circumstances Review:
Canned Pineapple Fruit From Thailand,
69 FR 30878 (June 1, 2004). We have
determined that expedition of this CCR
is warranted because we have the
information necessary to make a
preliminary finding already on the
record. See Ball Bearings and Parts
Thereof from Japan: Initiation and
Preliminary Results of ChangedCircumstances Review, 71 FR 14679
(March 23, 2006). In this case, we
preliminarily find that Viet I–Mei is the
successor-in-interest to Grobest & I–Mei
and, as such, is entitled to Grobest & I–
Mei’s cash-deposit rate with respect to
entries of subject merchandise.
Should our final results remain the
same as these preliminary results,
effective the date of publication of the
final results, we will instruct U.S.
Customs and Border Protection to assign
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entries of merchandise produced or
exported by Viet I–Mei the antidumping
duty cash-deposit rate applicable to
Grobest & I–Mei.
Public Comment
Any interested party may request a
hearing within 14 days of publication of
this notice. See 19 CFR 351.310(c). Any
hearing, if requested, will be held 28
days after the date of publication of this
notice or the first working day
thereafter. Interested parties may submit
case briefs and/or written comments no
later than 14 days after the date of
publication of this notice. Rebuttal
briefs and rebuttals to written
comments, which must be limited to
issues raised in such briefs or
comments, may be filed not later than
21 days after the date of publication of
this notice. Parties who submit case
briefs or rebuttal briefs in this CCR are
requested to submit with each argument
(1) a statement of the issue and (2) a
brief summary of the argument with an
electronic version included. Consistent
with 19 CFR 351.216(e), we will issue
the final results of this CCR no later
than 270 days after the date on which
this review was initiated or within 45
days of publication of these preliminary
results if all parties agree to our
preliminary finding.
We are issuing and publishing this
initiation and preliminary results notice
in accordance with sections 751(b)(1)
and 777(i)(1) of the Act and 19 CFR
351.216 and 351.221(c)(3).
Dated: March 31, 2011.
Ronald K. Lorentzen,
Deputy Assistant Secretary for Import
Administration.
[FR Doc. 2011–8733 Filed 4–11–11; 8:45 am]
BILLING CODE 3510–DS–P
DEPARTMENT OF COMMERCE
International Trade Administration
Renewable Energy and Energy
Efficiency Executive Business
Development Mission
International Trade
Administration.
ACTION: Notice.
AGENCY:
Mission Description
The United States Department of
Commerce, International Trade
Administration, U.S. and Foreign
Commercial Service (CS) is organizing a
Renewable Energy and Energy
Efficiency Trade Mission to Turkey on
October 23–29, 2011. Led by a senior
Department of Commerce official, the
mission will include representatives
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from a variety of U.S. firms specializing
in the following product areas:
• Wind Turbines;
• Geothermal Exploration, Drilling
and Geophysical Engineering Services;
• Geothermal Power Plant
Equipment;
• Biomass Power Generation;
• Hydroelectric Power Plant
Equipment Supply;
• Solar Power Generation Systems;
• Cogeneration Systems;
• Energy Efficiency Systems and
Solutions;
• Fuel Cells, Heat Pumps Exc.
Mission participants will be
introduced to international agents,
distributors, and end-users whose
capabilities and services are targeted to
each participant’s needs. This mission
will contribute to the National Export
Initiative and the Renewable Energy and
Energy Efficiency Export Initiative goals
through increased sales of U.S.
equipment/services in Turkey. The
participants will also have a site visit to
the Izmir Ataturk Organized Industrial
Zone, targeted by the U.S. Department
of Energy for a Near-Zero Zone Project
(NZZ) to promote industrial energy
efficiency and potential U.S. export
opportunities. The U.S. Department of
Energy (DOE), in coordination with
other U.S. agencies, is launching the
Near-Zero Zone project. This
interagency project has the support of
the Turkish government and business
organizations, and will help industrial
companies operating within the Izmir
Ataturk Organized Industrial Zone
(IAOSB) reduce their energy usage
through a series of cost-effective
efficiency upgrades.
One-on-one meetings with NZZ
industrial participants will also be
included, to follow quickly on an energy
efficiency survey to be completed in
September 2011. This mission will be
an important deliverable for our
bilateral Framework for Strategic
Economic and Commercial Cooperation
mechanism, a new process of
engagement with the government of
Turkey on economic and trade issues,
chaired by Secretary Locke and U.S.
Trade Representative, Ron Kirk.
Participants will have an opportunity
to meet with major buyers, and potential
agents and distributors operating in
Ankara, Istanbul, and Izmir, Turkey.
The U.S. and Foreign Commercial
Service is targeting a minimum of 15
and a maximum of 20 U.S. companies.
Commercial Setting
Turkey is a country offering
significant opportunities for foreign
investors and exporters with its
geographically favorable position to
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Federal Register / Vol. 76, No. 70 / Tuesday, April 12, 2011 / Notices
function as a gateway between Europe,
the Middle East and Central Asia.
Opportunities exist not only in the
dynamic domestic market in Turkey,
but also throughout the region.
Hospitality and tolerance being the
traditional cornerstones of the Turkish
way of life, the country is open to
foreign firms. Foreign Direct Investment
(FDI) in Turkey slowed to $7.9 billion
in 2009 during the height of the world
economic crisis, but has reached $20
billion in previous years. There are
approximately 24,000 companies with
foreign capital in Turkey. Corporate
income tax is only 20%, dividends can
be transferred, foreign capital
companies enjoy the same rights as local
companies, international arbitration is
possible, and expatriates can be
employed.
A treaty between the U.S. and Turkey
exists for the protection of foreign
investments and another treaty between
the U.S. and Turkey exists for the
avoidance of double taxation. Turkey
has a customs union agreement with the
EU that covers trade in all goods, except
agriculture goods: The export and
import of these industrial goods from
the EU have a zero percent customs
duty. Turkey has agreed to implement
most EU Directives regarding the safety
of products and recognizes the CE
certification of those types of products.
As announced by the International
Monetary Fund, Turkey has the 16th
largest economy in the world. In 2010,
Turkey’s GDP reached $958.3 billion.
Turkey has a young, dynamic, welleducated and multi-cultural population
of 73 million, the second largest
population after Germany in Europe.
Sixty percent of the population is under
the age of 35.
Turkish imports in 2010 are estimated
at $166 billion and Turkish exports
about $114 billion for the same period
(2010 official results are not announced
yet). U.S. exports to Turkey in 2010 will
exceed $10 billion and Turkish exports
to the U.S. over $4 billion. Total U.S.
FDI in Turkey is over $7 billion, a
conservative figure given investment by
European subsidiaries of U.S. parent
corporations.
Turkey is strategically located. Turkey
is often referred to as ‘The Energy
Bridge between East and West’. Seventythree percent of the world’s proven oil
reserves and seventy-two percent of the
world’s proven gas reserves are located
in the surrounding regions of Turkey:
The Middle East, Caspian Region and
Russia. This makes Turkey a crucial
bridge between energy rich regions and
Europe, which spends approximately
$300 billion annually for imported
energy resources.
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Turkey is a manufacturing center with
ambitions to become a regional energy
hub. The international image of Turkey
in terms of a destination for investment
is generally shaped by the diverse
market opportunities—both domestic
and export-oriented—that Turkey offers.
The potential of these markets covers
over one billion consumers, including a
large and growing domestic market
(approx. 72 million people); highincome European markets (600 million
people); emerging Russian, Caucasian
and Central Asian markets (250 million
people); and the expanding Middle East
and North Africa markets (160 million
people). These markets have
approximately $25 trillion in combined
GDP.
Turkey emerged from the world
economic crisis much better than
expected. The banking sector was strong
and did not suffer any major crisis.
Turkey’s economy grew by 7–8% in
2010 and unlike the general trend; this
was not a jobless recovery. Throughout
the crisis Turkey was the only country
whose credit rating was upgraded by
two grades. Credit rating agencies and
financial markets praised the strong
performance and healthy state of the
Turkish economy and demonstrated
confidence in Turkey’s economic
policies.
In the 2010–2014 Energy Strategy
Paper announced recently by the
Turkish Minister of Energy and Natural
Resources (MENR) Taner Yildiz, Turkey
plans to have 20,000 MW of wind
energy and 600 MW of geothermal
energy capacity by 2023 (100th year
anniversary of the Turkish Republic).
Turkey plans to have 5,000 MW new
hydroelectric power plants, 10,000 MW
wind power farms, 300 MW geothermal
power plants come into operation by
2015. As part of the energy efficiency
programs, the Turkish government plans
to decrease the primary energy intensity
by 10% before 2015 and 20% before
2023.
Turkey ranks No. 1 in Europe and No.
7 in the world in terms of geothermal
power potential. Power generation from
biomass will become more important as
large municipalities are considering
more efficient methods of disposing of
municipal waste. After Spain, Turkey
has the second largest potential for solar
power development in Europe.
Turkey also has large hydroelectric
potential. Currently 30% of Turkey’s
installed capacity is from hydroelectric
resources. Many Turkish private
companies are investing in run of river
type of electromechanical equipment
which is mostly supplied from China,
Austria, Norway and Germany. The
US&FCS Turkey receives a considerable
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amount of inquiries from Turkish
companies, asking for hydro
electromechanical equipment from the
U.S. with U.S. Ex-Im Bank financing.
The Government of Turkey has
adopted a new legal framework to
increase the feed-in tariff for the
electricity to be delivered from different
types of renewable energy resources.
Over the next five years, Turkey’s
investments on renewable energy are
estimated to expand to $20 billion.
U.S.-Turkish relations focus on areas
such as strategic energy cooperation,
trade and investment, security ties,
regional stability, counterterrorism, and
human rights progress. President Barack
Obama paid a historic visit to Turkey on
April 5–7, 2009, as the first bilateral
visit of his presidency. During the visit,
he spoke before the Turkish Parliament
and outlined his vision of a model U.S.Turkish partnership based on mutual
interests and mutual respect. The
inaugural Framework for Strategic
Economic and Commercial Cooperation
meeting was held in Washington, DC in
October 2010. In addition to the new
framework, the U.S. and Turkey hold
annual meetings of the Trade and
Investment Framework Agreement
(TIFA) Council, which met in
Washington, DC in July 2010, and
Economic Partnership Commission
(EPC), which last convened in Turkey in
June 2010.
On May 14, 2010, Under Secretary of
Commerce for International Trade,
´
Francisco Sanchez and Undersecretary
for Foreign Trade of Turkey Ahmet
Yakici signed the Terms of Reference for
the establishment of a newly formed
U.S.-Turkey Business Council (Council).
The Council will bring together U.S. and
Turkish business leaders to provide
policy recommendations to both
governments jointly on ways to
strengthen bilateral economic relations.
Mission Goals
The trade mission will assist
representatives of U.S. companies in the
Renewable Energy and energy efficiency
industries responsible for business
activity in Europe, Caucasus and Central
Asia, the Middle East and North Africa
markets with their efforts to identify
profitable opportunities and new
markets for their respective U.S.
companies and to increase their export
potential in joint cooperation with
Turkish companies.
Mission Scenario
In Turkey, mission members will also
be presented with a briefing by the U.S.
Embassy Country Team, the Commercial
Specialist for the renewable energy
sector and other key government and
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corporate officials. Participants will take
part in business matchmaking
appointments with Turkish private
sector companies, which may be
potential candidates for agent/
representative or distributors. The trade
mission will visit: Ankara, the capital of
Turkey, a growing industrial base and
the seat of government; Istanbul, where
headquarters of most private sector
companies are located; and Izmir,
Turkey’s third largest city with strong
renewable energy and energy efficiency
potential.
U.S. participants will be counseled
before and after the mission by the
Sunday, Oct. 23,
2011
Ankara, Turkey
Day 1:
Monday, Oct. 24,
2011, Ankara,
Turkey.
domestic mission coordinator.
Participation in the mission will include
the following:
• Pre-travel webinars on subjects
ranging from industry briefings to
business practices in Turkey;
• Pre-scheduled meetings with
potential partners, distributors, end
users, or local industry contacts;
• Transportation to all missionorganized meetings inside the cities (all
air transportation within Turkey is the
responsibility of the mission
participant);
• Meetings with key government
decision makers and private sector
firms;
• Participation in networking
receptions in Turkey; and
• Meetings with CS Turkey’s energy
specialists in Ankara, Istanbul and
Izmir, Turkey.
Mission Timetable
Mission participants will arrive in
Ankara on October 23, 2011 and the
mission program will take place Oct.
24–28, 2011. Departure to the United
States or other onward destinations will
be on Oct. 29, 2011.
• Arrival in Ankara, Turkey
•
•
•
•
•
•
Wreath laying at the Ataturk’s Mausoleum (Anitkabir) (optional).
Agenda review and market briefings by U.S. mission officials.
Meeting with Minister of Energy and Natural Resources or designate.
Meeting with State Minister for Foreign Trade or designate.
Briefing by Ministry of Energy, Regulator EMRA and EIE.
Networking reception.
Day 2:
Tuesday, Oct 25,
2011,
Ankara–Istanbul,
Turkey
• Morning 1–1 matchmaking meetings.
• Afternoon departure to Istanbul.
• Evening Bosporus Cruise (working reception and dinner with American and Turkish business communities).
Day 3:
Wednesday, Oct.
26, 2011,
Izmir, Turkey
• Morning meeting with the Mayor of Istanbul or designate and site visit to waste-to-energy facilities (optional).
• Afternoon 1–1 matchmaking meetings.
• Evening departure to Izmir.
Day 4:
Thursday, Oct. 27,
2011, Izmir,
Turkey
• Morning 1–1 matchmaking meetings.
• Afternoon site visit to wind farms in Cesme (optional).
• Evening networking reception.
Day 5:
Friday, Oct. 28,
2011, Izmir, Turkey
Day 6:
Saturday, Oct. 29,
2011, Izmir,
Turkey
• Site visit to Ataturk Industrial Zone for U.S. DOE-led ‘‘Near Zero Zone’’ Energy Efficiency Project (optional).
• 1–1 matchmaking meetings.
• Wrap-up session.
• Departure to the U.S. (same day arrival in U.S.).
srobinson on DSKHWCL6B1PROD with NOTICES
Participation Requirements
All parties interested in participating
in the Commercial Service Trade
Mission must complete and submit an
application package for consideration by
the Department of Commerce. All
applicants will be evaluated on their
ability to meet certain conditions and
best satisfy the selection criteria as
outlined below. A minimum of 15
companies and a maximum of 20
companies will be selected to
participate in the mission from the
applicant pool. U.S. companies already
doing business with Turkey as well as
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U.S. companies seeking to enter the
Turkish market for the first time may
apply.
Expenses
After a company has been selected to
participate on the mission, a payment to
the Department of Commerce in the
form of a participation fee is required.
The participation fee will be $4,055 for
large firms and $3,285 for a small or
medium-sized enterprise (SME)* or
* An SME is defined as a firm with 500 or fewer
employees or that otherwise qualifies as a small
business under SBA regulations (see https://
www.sba.gov/services/contractingopportunities/
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small organization, which will cover
one representative.
The fee for each additional firm
representative (large firm or SME) is
$500.
Expenses for travel, lodging, most
meals, and incidentals will be the
responsibility of each mission
participant. Delegation members will be
sizestandardstopics/). Parent companies,
affiliates, and subsidiaries will be considered when
determining business size. The dual pricing reflects
the Commercial Service’s user fee schedule that
became effective May 1, 2008 (see https://
www.export.gov/newsletter/march2008/
initiatives.html for additional information).
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able to take advantage of U.S. Mission
discounted rates for hotel rooms.
srobinson on DSKHWCL6B1PROD with NOTICES
Conditions for Participation
• An applicant must submit in a
timely manner a completed and signed
mission application and supplemental
application materials, including
adequate information on the company’s
products and/or services, primary
market objectives, and goals for
participation. If the Department of
Commerce receives an incomplete
application, the Department may reject
the application, request additional
information, or take the lack of
information into account when
evaluating the applications.
• Each applicant must also certify
that the products and services it seeks
to export through the mission are either
produced in the United States, or, if not,
marketed under the name of a U.S. firm
and have at least 51 percent U.S.
content of the value of the finished
product or service.
• An SME is defined as a firm with
500 or fewer employees or that
otherwise qualifies as a small business
under SBA regulations (see https://
www.sba.gov/services/
contractingopportunities/
sizestandardstopics/). Parent
companies, affiliates, and subsidiaries
will be considered when determining
business size. The dual pricing reflects
the Commercial Service’s user fee
schedule that became effective May 1,
2008 (see https://www.export.gov/
newsletter/march2008/initiatives.html
for additional information).
Selection Criteria for Participation:
Selection will be based on the following
criteria:
• Suitability of the company’s
products or services to the market
• Applicant’s potential for business
in Turkey and in the region, including
likelihood of exports resulting from the
mission
• Consistency of the applicant’s goals
and objectives with the stated scope of
the mission
Referrals from political organizations
and any documents containing
references to partisan political activities
(including political contributions) will
be removed from an applicant’s
submission and not considered during
the selection process.
Timeframe for Recruitment and
Applications
Mission recruitment will be
conducted in an open and public
manner, including posting on the
Commerce Department trade missions
calendar—https://www.trade.gov/trademissions—and other Internet Web sites,
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publication in domestic trade
publications and association
newsletters, direct outreach to internal
clients and distribution lists, posting in
the Federal Register, and
announcements at industry meetings,
symposia, conferences, and trade shows.
Recruitment for the mission will
begin immediately and conclude no
later than July 15, 2011. The U.S.
Department of Commerce will review all
applications immediately after the
deadline. We will inform applicants of
selection decisions as soon as possible
after the deadline. Applications
received after this date will be
considered only if space and scheduling
constraints permit.
Contact Information
U.S. Commercial Service Ankara,
Turkey
Michael Lally, Senior Commercial
Officer or Serdar Cetinkaya, Senior
Commercial Specialist, U.S. Embassy—
Ankara, Tel: +90 (312) 457–7278 or
457–7203, Fax: +90 (312) 457–7302, Email: Michael.Lally@trade.gov and
Serdar.Cetinkaya@trade.gov.
U.S. Commercial Service Istanbul,
Turkey
Gregory Taevs, Principal Commercial
Officer, Ebru Olcay, Commercial
Specialist, Tel: +90 (212) 335–9302 or
335–9223, Fax: +90 (212) 335–9103, Email: Gregory.Taevs@trade.gov and
Ebru.Olcay@trade.gov.
U.S. Commercial Service Izmir, Turkey
¨
Berrin Erturk, Senior Commercial
Specialist, U.S. Embassy—Izmir, Tel:
+90 (232) 441–2446, Fax: +90 (232)
489–0267, E-mail:
Berrin.Erturk@trade.gov.
U.S. Commercial Service Bakersfield,
California
Glen Roberts, Director, U.S. Export
Assistance Center Bakersfield, Tel: 661–
637–0136, Fax: 661–637–0156, E-mail:
Glen.Roberts@trade.gov.
Elnora Moye,
Commercial Service Trade Mission Program,
U.S. Department of Commerce.
[FR Doc. 2011–8715 Filed 4–11–11; 8:45 am]
BILLING CODE 3510–FP–P
DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric
Administration
Hydrographic Services Review Panel
Meeting
National Ocean Service,
National Oceanic and Atmospheric
AGENCY:
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20323
Administration (NOAA), Department of
Commerce.
ACTION: Notice of open meeting.
The Hydrographic Services
Review Panel (HSRP) is a Federal
Advisory Committee established to
advise the Under Secretary of
Commerce for Oceans and Atmosphere
on matters related to the responsibilities
and authorities set forth in section 303
of the Hydrographic Services
Improvement Act of 1998, its
amendments, and such other
appropriate matters that the Under
Secretary refers to the Panel for review
and advice.
Date and Time: The public meeting
will be held on May 4–6, 2011. May 4th
from 8 a.m. to 5:30 p.m.; May 5th from
8 a.m. to 5:30 p.m.; and May 6th from
8 a.m. to 3 p.m.
Location: Waikiki Beach Marriott
Resort & Spa, 2552 Kalakauna Avenue,
Honolulu, Hawaii, tel: (808) 922–6611.
Refer to the HSRP Web site listed below
for the most current meeting agenda.
Times and agenda topics are subject to
change.
FOR FURTHER INFORMATION CONTACT:
Kathy Watson, HSRP Program
Coordinator, National Ocean Service
(NOS), Office of Coast Survey, NOAA
(NICS), 1315 East West Highway, Silver
Spring, Maryland 20910; Telephone:
301–713–2770 ext. 158; Fax: 301–713–
4019; E-mail:
Hydroservices.panel@noaa.gov or visit
the NOAA HSRP Web site at htto://
nauticalcharts.noaa.gov/ocslhsro/
hsro.htm.
SUMMARY:
The
meeting will be open to the public and
public comment periods (on-site) will
be scheduled at various times
throughout the meeting. These comment
periods will be included in the final
agenda published before April 27, 2011,
on the HSRP Web site listed above. Each
individual or group making a verbal
presentation will be limited to a total
time of five (5) minutes. Comments will
be recorded. Written comments should
be submitted to
Hydroservices.panel@noaa.gov) by April
27, 2011. Written comments received
after April 27, 2011, will be distributed
to the HSRP, but may not be reviewed
until the meeting. Approximately 30
seats will be available for the public, on
a first-come, first-served basis.
Matters to be Considered:
Development of strategic advice to: (1)
Improve the quality and delivery of
navigation products and services; (2)
maximize the societal value of
navigation services; (3) align navigation
services to support National Ocean
SUPPLEMENTARY INFORMATION:
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Agencies
[Federal Register Volume 76, Number 70 (Tuesday, April 12, 2011)]
[Notices]
[Pages 20320-20323]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-8715]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
International Trade Administration
Renewable Energy and Energy Efficiency Executive Business
Development Mission
AGENCY: International Trade Administration.
ACTION: Notice.
-----------------------------------------------------------------------
Mission Description
The United States Department of Commerce, International Trade
Administration, U.S. and Foreign Commercial Service (CS) is organizing
a Renewable Energy and Energy Efficiency Trade Mission to Turkey on
October 23-29, 2011. Led by a senior Department of Commerce official,
the mission will include representatives from a variety of U.S. firms
specializing in the following product areas:
Wind Turbines;
Geothermal Exploration, Drilling and Geophysical
Engineering Services;
Geothermal Power Plant Equipment;
Biomass Power Generation;
Hydroelectric Power Plant Equipment Supply;
Solar Power Generation Systems;
Cogeneration Systems;
Energy Efficiency Systems and Solutions;
Fuel Cells, Heat Pumps Exc.
Mission participants will be introduced to international agents,
distributors, and end-users whose capabilities and services are
targeted to each participant's needs. This mission will contribute to
the National Export Initiative and the Renewable Energy and Energy
Efficiency Export Initiative goals through increased sales of U.S.
equipment/services in Turkey. The participants will also have a site
visit to the Izmir Ataturk Organized Industrial Zone, targeted by the
U.S. Department of Energy for a Near-Zero Zone Project (NZZ) to promote
industrial energy efficiency and potential U.S. export opportunities.
The U.S. Department of Energy (DOE), in coordination with other U.S.
agencies, is launching the Near-Zero Zone project. This interagency
project has the support of the Turkish government and business
organizations, and will help industrial companies operating within the
Izmir Ataturk Organized Industrial Zone (IAOSB) reduce their energy
usage through a series of cost-effective efficiency upgrades.
One-on-one meetings with NZZ industrial participants will also be
included, to follow quickly on an energy efficiency survey to be
completed in September 2011. This mission will be an important
deliverable for our bilateral Framework for Strategic Economic and
Commercial Cooperation mechanism, a new process of engagement with the
government of Turkey on economic and trade issues, chaired by Secretary
Locke and U.S. Trade Representative, Ron Kirk.
Participants will have an opportunity to meet with major buyers,
and potential agents and distributors operating in Ankara, Istanbul,
and Izmir, Turkey. The U.S. and Foreign Commercial Service is targeting
a minimum of 15 and a maximum of 20 U.S. companies.
Commercial Setting
Turkey is a country offering significant opportunities for foreign
investors and exporters with its geographically favorable position to
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function as a gateway between Europe, the Middle East and Central Asia.
Opportunities exist not only in the dynamic domestic market in Turkey,
but also throughout the region.
Hospitality and tolerance being the traditional cornerstones of the
Turkish way of life, the country is open to foreign firms. Foreign
Direct Investment (FDI) in Turkey slowed to $7.9 billion in 2009 during
the height of the world economic crisis, but has reached $20 billion in
previous years. There are approximately 24,000 companies with foreign
capital in Turkey. Corporate income tax is only 20%, dividends can be
transferred, foreign capital companies enjoy the same rights as local
companies, international arbitration is possible, and expatriates can
be employed.
A treaty between the U.S. and Turkey exists for the protection of
foreign investments and another treaty between the U.S. and Turkey
exists for the avoidance of double taxation. Turkey has a customs union
agreement with the EU that covers trade in all goods, except
agriculture goods: The export and import of these industrial goods from
the EU have a zero percent customs duty. Turkey has agreed to implement
most EU Directives regarding the safety of products and recognizes the
CE certification of those types of products.
As announced by the International Monetary Fund, Turkey has the
16th largest economy in the world. In 2010, Turkey's GDP reached $958.3
billion. Turkey has a young, dynamic, well-educated and multi-cultural
population of 73 million, the second largest population after Germany
in Europe. Sixty percent of the population is under the age of 35.
Turkish imports in 2010 are estimated at $166 billion and Turkish
exports about $114 billion for the same period (2010 official results
are not announced yet). U.S. exports to Turkey in 2010 will exceed $10
billion and Turkish exports to the U.S. over $4 billion. Total U.S. FDI
in Turkey is over $7 billion, a conservative figure given investment by
European subsidiaries of U.S. parent corporations.
Turkey is strategically located. Turkey is often referred to as
`The Energy Bridge between East and West'. Seventy-three percent of the
world's proven oil reserves and seventy-two percent of the world's
proven gas reserves are located in the surrounding regions of Turkey:
The Middle East, Caspian Region and Russia. This makes Turkey a crucial
bridge between energy rich regions and Europe, which spends
approximately $300 billion annually for imported energy resources.
Turkey is a manufacturing center with ambitions to become a
regional energy hub. The international image of Turkey in terms of a
destination for investment is generally shaped by the diverse market
opportunities--both domestic and export-oriented--that Turkey offers.
The potential of these markets covers over one billion consumers,
including a large and growing domestic market (approx. 72 million
people); high-income European markets (600 million people); emerging
Russian, Caucasian and Central Asian markets (250 million people); and
the expanding Middle East and North Africa markets (160 million
people). These markets have approximately $25 trillion in combined GDP.
Turkey emerged from the world economic crisis much better than
expected. The banking sector was strong and did not suffer any major
crisis. Turkey's economy grew by 7-8% in 2010 and unlike the general
trend; this was not a jobless recovery. Throughout the crisis Turkey
was the only country whose credit rating was upgraded by two grades.
Credit rating agencies and financial markets praised the strong
performance and healthy state of the Turkish economy and demonstrated
confidence in Turkey's economic policies.
In the 2010-2014 Energy Strategy Paper announced recently by the
Turkish Minister of Energy and Natural Resources (MENR) Taner Yildiz,
Turkey plans to have 20,000 MW of wind energy and 600 MW of geothermal
energy capacity by 2023 (100th year anniversary of the Turkish
Republic). Turkey plans to have 5,000 MW new hydroelectric power
plants, 10,000 MW wind power farms, 300 MW geothermal power plants come
into operation by 2015. As part of the energy efficiency programs, the
Turkish government plans to decrease the primary energy intensity by
10% before 2015 and 20% before 2023.
Turkey ranks No. 1 in Europe and No. 7 in the world in terms of
geothermal power potential. Power generation from biomass will become
more important as large municipalities are considering more efficient
methods of disposing of municipal waste. After Spain, Turkey has the
second largest potential for solar power development in Europe.
Turkey also has large hydroelectric potential. Currently 30% of
Turkey's installed capacity is from hydroelectric resources. Many
Turkish private companies are investing in run of river type of
electromechanical equipment which is mostly supplied from China,
Austria, Norway and Germany. The US&FCS Turkey receives a considerable
amount of inquiries from Turkish companies, asking for hydro
electromechanical equipment from the U.S. with U.S. Ex-Im Bank
financing.
The Government of Turkey has adopted a new legal framework to
increase the feed-in tariff for the electricity to be delivered from
different types of renewable energy resources. Over the next five
years, Turkey's investments on renewable energy are estimated to expand
to $20 billion.
U.S.-Turkish relations focus on areas such as strategic energy
cooperation, trade and investment, security ties, regional stability,
counterterrorism, and human rights progress. President Barack Obama
paid a historic visit to Turkey on April 5-7, 2009, as the first
bilateral visit of his presidency. During the visit, he spoke before
the Turkish Parliament and outlined his vision of a model U.S.-Turkish
partnership based on mutual interests and mutual respect. The inaugural
Framework for Strategic Economic and Commercial Cooperation meeting was
held in Washington, DC in October 2010. In addition to the new
framework, the U.S. and Turkey hold annual meetings of the Trade and
Investment Framework Agreement (TIFA) Council, which met in Washington,
DC in July 2010, and Economic Partnership Commission (EPC), which last
convened in Turkey in June 2010.
On May 14, 2010, Under Secretary of Commerce for International
Trade, Francisco S[aacute]nchez and Undersecretary for Foreign Trade of
Turkey Ahmet Yakici signed the Terms of Reference for the establishment
of a newly formed U.S.-Turkey Business Council (Council). The Council
will bring together U.S. and Turkish business leaders to provide policy
recommendations to both governments jointly on ways to strengthen
bilateral economic relations.
Mission Goals
The trade mission will assist representatives of U.S. companies in
the Renewable Energy and energy efficiency industries responsible for
business activity in Europe, Caucasus and Central Asia, the Middle East
and North Africa markets with their efforts to identify profitable
opportunities and new markets for their respective U.S. companies and
to increase their export potential in joint cooperation with Turkish
companies.
Mission Scenario
In Turkey, mission members will also be presented with a briefing
by the U.S. Embassy Country Team, the Commercial Specialist for the
renewable energy sector and other key government and
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corporate officials. Participants will take part in business
matchmaking appointments with Turkish private sector companies, which
may be potential candidates for agent/representative or distributors.
The trade mission will visit: Ankara, the capital of Turkey, a growing
industrial base and the seat of government; Istanbul, where
headquarters of most private sector companies are located; and Izmir,
Turkey's third largest city with strong renewable energy and energy
efficiency potential.
U.S. participants will be counseled before and after the mission by
the domestic mission coordinator. Participation in the mission will
include the following:
Pre-travel webinars on subjects ranging from industry
briefings to business practices in Turkey;
Pre-scheduled meetings with potential partners,
distributors, end users, or local industry contacts;
Transportation to all mission-organized meetings inside
the cities (all air transportation within Turkey is the responsibility
of the mission participant);
Meetings with key government decision makers and private
sector firms;
Participation in networking receptions in Turkey; and
Meetings with CS Turkey's energy specialists in Ankara,
Istanbul and Izmir, Turkey.
Mission Timetable
Mission participants will arrive in Ankara on October 23, 2011 and
the mission program will take place Oct. 24-28, 2011. Departure to the
United States or other onward destinations will be on Oct. 29, 2011.
------------------------------------------------------------------------
------------------------------------------------------------------------
Sunday, Oct. 23, 2011 Arrival in Ankara, Turkey
Ankara, Turkey
------------------------------------------------------------------------
Day 1:
Monday, Oct. 24, 2011, Ankara, Wreath laying at the
Turkey. Ataturk's Mausoleum (Anitkabir)
(optional).
Agenda review and market
briefings by U.S. mission
officials.
Meeting with Minister of
Energy and Natural Resources or
designate.
Meeting with State
Minister for Foreign Trade or
designate.
Briefing by Ministry of
Energy, Regulator EMRA and EIE.
Networking reception.
------------------------------------------------------------------------
Day 2:
Tuesday, Oct 25, 2011, Morning 1-1 matchmaking
Ankara-Istanbul, Turkey meetings.
Afternoon departure to
Istanbul.
Evening Bosporus Cruise
(working reception and dinner with
American and Turkish business
communities).
------------------------------------------------------------------------
Day 3:
Wednesday, Oct. 26, 2011, Morning meeting with the
Izmir, Turkey Mayor of Istanbul or designate and
site visit to waste-to-energy
facilities (optional).
Afternoon 1-1 matchmaking
meetings.
Evening departure to
Izmir.
------------------------------------------------------------------------
Day 4:
Thursday, Oct. 27, 2011, Izmir, Morning 1-1 matchmaking
Turkey meetings.
Afternoon site visit to
wind farms in Cesme (optional).
Evening networking
reception.
------------------------------------------------------------------------
Day 5:
Friday, Oct. 28, 2011, Izmir, Site visit to Ataturk
Turkey Industrial Zone for U.S. DOE-led
``Near Zero Zone'' Energy
Efficiency Project (optional).
1-1 matchmaking meetings.
Wrap-up session.
------------------------------------------------------------------------
Day 6:
Saturday, Oct. 29, 2011, Izmir, Departure to the U.S.
Turkey (same day arrival in U.S.).
------------------------------------------------------------------------
Participation Requirements
All parties interested in participating in the Commercial Service
Trade Mission must complete and submit an application package for
consideration by the Department of Commerce. All applicants will be
evaluated on their ability to meet certain conditions and best satisfy
the selection criteria as outlined below. A minimum of 15 companies and
a maximum of 20 companies will be selected to participate in the
mission from the applicant pool. U.S. companies already doing business
with Turkey as well as U.S. companies seeking to enter the Turkish
market for the first time may apply.
Expenses
After a company has been selected to participate on the mission, a
payment to the Department of Commerce in the form of a participation
fee is required. The participation fee will be $4,055 for large firms
and $3,285 for a small or medium-sized enterprise (SME)* or small
organization, which will cover one representative.
---------------------------------------------------------------------------
* An SME is defined as a firm with 500 or fewer employees or
that otherwise qualifies as a small business under SBA regulations
(see https://www.sba.gov/services/contractingopportunities/sizestandardstopics/). Parent companies, affiliates, and
subsidiaries will be considered when determining business size. The
dual pricing reflects the Commercial Service's user fee schedule
that became effective May 1, 2008 (see https://www.export.gov/newsletter/march2008/initiatives.html for additional information).
---------------------------------------------------------------------------
The fee for each additional firm representative (large firm or SME)
is $500.
Expenses for travel, lodging, most meals, and incidentals will be
the responsibility of each mission participant. Delegation members will
be
[[Page 20323]]
able to take advantage of U.S. Mission discounted rates for hotel
rooms.
Conditions for Participation
An applicant must submit in a timely manner a completed
and signed mission application and supplemental application materials,
including adequate information on the company's products and/or
services, primary market objectives, and goals for participation. If
the Department of Commerce receives an incomplete application, the
Department may reject the application, request additional information,
or take the lack of information into account when evaluating the
applications.
Each applicant must also certify that the products and
services it seeks to export through the mission are either produced in
the United States, or, if not, marketed under the name of a U.S. firm
and have at least 51 percent U.S. content of the value of the finished
product or service.
An SME is defined as a firm with 500 or fewer employees or
that otherwise qualifies as a small business under SBA regulations (see
https://www.sba.gov/services/contractingopportunities/sizestandardstopics/). Parent companies, affiliates, and
subsidiaries will be considered when determining business size. The
dual pricing reflects the Commercial Service's user fee schedule that
became effective May 1, 2008 (see https://www.export.gov/newsletter/march2008/initiatives.html for additional information).
Selection Criteria for Participation: Selection will be based on
the following criteria:
Suitability of the company's products or services to the
market
Applicant's potential for business in Turkey and in the
region, including likelihood of exports resulting from the mission
Consistency of the applicant's goals and objectives with
the stated scope of the mission
Referrals from political organizations and any documents containing
references to partisan political activities (including political
contributions) will be removed from an applicant's submission and not
considered during the selection process.
Timeframe for Recruitment and Applications
Mission recruitment will be conducted in an open and public manner,
including posting on the Commerce Department trade missions calendar--
https://www.trade.gov/trade-missions--and other Internet Web sites,
publication in domestic trade publications and association newsletters,
direct outreach to internal clients and distribution lists, posting in
the Federal Register, and announcements at industry meetings, symposia,
conferences, and trade shows.
Recruitment for the mission will begin immediately and conclude no
later than July 15, 2011. The U.S. Department of Commerce will review
all applications immediately after the deadline. We will inform
applicants of selection decisions as soon as possible after the
deadline. Applications received after this date will be considered only
if space and scheduling constraints permit.
Contact Information
U.S. Commercial Service Ankara, Turkey
Michael Lally, Senior Commercial Officer or Serdar Cetinkaya,
Senior Commercial Specialist, U.S. Embassy--Ankara, Tel: +90 (312) 457-
7278 or 457-7203, Fax: +90 (312) 457-7302, E-mail:
Michael.Lally@trade.gov and Serdar.Cetinkaya@trade.gov.
U.S. Commercial Service Istanbul, Turkey
Gregory Taevs, Principal Commercial Officer, Ebru Olcay, Commercial
Specialist, Tel: +90 (212) 335-9302 or 335-9223, Fax: +90 (212) 335-
9103, E-mail: Gregory.Taevs@trade.gov and Ebru.Olcay@trade.gov.
U.S. Commercial Service Izmir, Turkey
Berrin Ert[uuml]rk, Senior Commercial Specialist, U.S. Embassy--
Izmir, Tel: +90 (232) 441-2446, Fax: +90 (232) 489-0267, E-mail:
Berrin.Erturk@trade.gov.
U.S. Commercial Service Bakersfield, California
Glen Roberts, Director, U.S. Export Assistance Center Bakersfield,
Tel: 661-637-0136, Fax: 661-637-0156, E-mail: Glen.Roberts@trade.gov.
Elnora Moye,
Commercial Service Trade Mission Program, U.S. Department of Commerce.
[FR Doc. 2011-8715 Filed 4-11-11; 8:45 am]
BILLING CODE 3510-FP-P