Trade Mission to the Caribbean Region in Conjunction With the Trade Americas-Opportunities in the Caribbean Region Conference, June 8-12, 2014, 4447-4450 [2014-01519]
Download as PDF
Federal Register / Vol. 79, No. 18 / Tuesday, January 28, 2014 / Notices
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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% U.S. content. In cases where the
U.S. content does not exceed 50%,
especially where the applicant intends
to pursue investment and major project
opportunities, the following factors,
may be considered in determining
whether the applicant’s participation in
the business development mission is in
the U.S. national interest:
Æ U.S. materials and equipment
content;
Æ U.S. labor content;
Æ Repatriation of profits to the U.S.
economy;
Æ Potential for follow-on business
that would benefit the U.S. economy;
• Certify that the export of the
products and services that it wishes to
export through the mission would be in
compliance with U.S. export controls
and regulations;
• Certify that it has identified to the
Department of Commerce for its
evaluation any business pending before
the Department of Commerce that may
present the appearance of a conflict of
interest;
• Certify that it has identified any
pending litigation (including any
administrative proceedings) to which it
is a party that involves the Department
of Commerce; and
• Sign and submit an agreement that
it and its affiliates (1) have not and will
not engage in the bribery of foreign
officials in connection with a
company’s/participant’s involvement in
this mission, and (2) maintain and
enforce a policy that prohibits the
bribery of foreign officials.
Selection Criteria for Participation
Selection will be based on the
following criteria, listed in decreasing
order of importance:
• Suitability of a company’s products
or services to the target markets and the
likelihood of a participating company’s
increased exports or business interests
in the target markets as a result of this
mission;
• Consistency of company’s products
or services with the scope and desired
outcome of the mission’s goals;
• Demonstrated export experience in
the target markets and/or other foreign
markets;
• Current or pending major project
participation; and
• Rank/seniority of the designated
company representative.
Additional factors, such as diversity
of company size, type, location, and
demographics, may also be considered
during the review process.
Referrals from political organizations
and any documents containing
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14:45 Jan 27, 2014
Jkt 232001
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 publication in the
Federal Register (https://
www.gpoaccess.gov/fr), posting on ITA’s
business development mission calendar
(https://export.gov/trademissions) and
other Internet Web sites, press releases
to general and trade media, direct mail,
broadcast fax, notices by industry trade
associations and other multiplier
groups, and publicity at industry
meetings, symposia, conferences, and
trade shows.
Recruitment will begin immediately
and conclude no later than March 14,
2014. Applications can be completed
on-line at the Africa Energy Mission
Web site at https://www.export.gov/
AfricaEnergyMission2014 or can be
obtained by contacting the U.S.
Department of Commerce Office of
Business Liaison (202–482–1360 or
businessLiaison@doc.gov).
The application deadline is Friday,
March 14, 2014. Completed applications
should be submitted to the Office of
Business Liaison. Applications received
after Friday, March 14, 2014, will be
considered only if space and scheduling
constraints permit.
How To Apply
Applications can be downloaded from
the business development mission Web
site (https://export.gov/
AfricaEnergyMission2014) or can be
obtained by contacting the Office of
Business Liaison (see below).
Completed applications should be
submitted to the Office of Business
Liaison at (email: businessliaison@
doc.gov or fax: 202–482–4054).
Contacts
General Information and
Applications: The Office of Business
Liaison, 1401 Constitution Avenue NW.,
Room 5062, Washington, DC 20230, Tel:
202–482–1360, Fax: 202–482–4054,
Email: BusinessLiaison@doc.gov.
Elnora Moye,
Trade Program Assistant.
[FR Doc. 2014–01521 Filed 1–27–14; 8:45 am]
BILLING CODE 3510–DR–P
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DEPARTMENT OF COMMERCE
International Trade Administration
Trade Mission to the Caribbean Region
in Conjunction With the Trade
Americas—Opportunities in the
Caribbean Region Conference, June 8–
12, 2014
International Trade
Administration, Commerce.
ACTION: Notice.
AGENCY:
Mission Description
The United States Department of
Commerce, International Trade
Administration, is organizing a trade
mission to the Caribbean region, in
conjunction with the Department of
Commerce’s Trade Americas—
Opportunities in the Caribbean Region
Conference in Santo Domingo,
Dominican Republic. Trade mission
participants will arrive in Santo
Domingo on June 8, and will attend the
Trade Americas—Opportunities in the
Caribbean Region Conference on June 9.
Following the morning session of the
conference, trade mission participants
will participate in one-on-one
consultations with U.S. and Foreign
Commercial Service (US&FCS)
Commercial Officers and/or Economic/
Commercial Officers from the following
U.S. Embassies in the Caribbean region:
the Bahamas, Barbados and the Eastern
Caribbean, Dominican Republic, Haiti,
Jamaica, and Trinidad and Tobago. The
following day, June 10, trade mission
participants will engage in business-tobusiness appointments with Dominican
companies. A limited number of trade
mission participants will then travel to
either the Bahamas, Barbados, Haiti,
Jamaica, or Trinidad and Tobago
(choosing only one market) for optional
additional business-to-business
appointments, each of which will be
with a pre-screened potential buyer,
agent, distributor or joint-venture
partner.
The Department of Commerce’s Trade
Americas—Opportunities in the
Caribbean Region Conference will focus
on regional and industry-specific
sessions, market entry strategies,
logistics and trade financing resources
as well as pre-arranged one-one-one
consultations with US&FCS Commercial
Officers and/or Department of State
Economic/Commercial Officers with
expertise in commercial markets
throughout the region.
The mission is open to U.S.
companies from a cross section of
industries with growing potential in the
Caribbean region, but is focused on U.S.
companies in best prospects sectors
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Federal Register / Vol. 79, No. 18 / Tuesday, January 28, 2014 / Notices
such as Construction Equipment/Road
Building Machinery, Medical
Equipment and Devices/
Pharmaceuticals, ICT, Energy
Equipment and Services, and Safety and
Security Equipment.
The combination of participation in
the Trade Americas—Opportunities in
the Caribbean Region Conference and
business-to-business matchmaking
appointments in the Dominican
Republic and one of the other optional
Caribbean countries, will provide
participants with access to substantive
information about and strategies for
entering or expanding their business
across the Caribbean region.
Commercial Setting
Bahamas
The Bahamian economy is driven by
tourism and financial services. The
Bahamas imports nearly all of its food
and manufactured goods from the
United States, and U.S. goods and
services tend to be favored by
Bahamians due to cultural similarities
and exposure to U.S. advertising. Due to
its dependence on tourism imports from
the United States and trade with the
United States, the Bahamian economy is
notably affected by U.S. economic
performance. There are no significant
barriers to trade in the Bahamas. The
Bahamas is currently reviewing
proposals for alternative energy source
projects. Best prospects sectors for U.S.
exports include: Hotel Equipment;
Franchise; Construction Equipment and
Supplies; Consumer Products; and
Drugs and Pharmaceutical Products.
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Barbados
Barbados enjoys one of the highest per
capita incomes in the region and an
investment climate which benefits from
its political stability and stable
institutions. Financial and information
services are important foreign exchange
earners and thrive from having the same
time zone as eastern U.S. financial
centers and a highly educated
workforce. A renewable energy bill that
will open up the possibility of private
energy production and selling back to
the grid is expected to be passed this
year. The tourism sector is expected to
be upgraded through several ongoing
construction projects. Best Prospects are
Construction and Building Products;
Consumer Goods; Agricultural Products
and Equipment; Renewable Energy
Technologies and Equipment; and Hotel
and Restaurant Equipment.
Dominican Republic
With a population of 10 million
consumers and a GDP of $59 billion, the
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Dominican Republic (DR) is the ninth
largest economy in Latin America and
the second largest in the Caribbean
region. The United States represents, by
far, the DR’s largest trading partner.
43.6% of imports into the DR are of U.S.
origin. There is extremely high
receptivity to U.S. goods and services
and U.S. product standards are
generally accepted. Since the entry into
force of the Dominican Republic-Central
America-United States Free Trade
Agreement (CAFTA–DR) in March 2007,
bilateral trade has grown at a robust
pace. By 2012, U.S. exports to the DR
had grown by 33% over the pre-CAFTA
days of 2006.
The strength of the trade relationship
stems from close geographic proximity
and the historic cultural and personal
ties that many Dominicans have with
the United States. Best prospect sectors
for U.S. exports include: Automotive
Parts, Hotel and Restaurant Equipment,
Travel and Tourism, Safety and Security
Equipment; Renewable Energy
Technologies and Equipment;
Telecommunications Services and
Equipment; Printing and Graphic Arts
Products and Equipment; Computers
and Peripherals; Medical Equipment;
and Construction and Building
Products.
Haiti
The United States is Haiti’s chief
trading partner, with a 40% share of
Haiti’s import market. Haiti’s economy
is unique in the Caribbean region, with
a large population of 10 million people
but a relatively small $7.9 billion GDP.
Haiti’s geographic proximity and
historically strong links with the United
States contribute to a strong market for
U.S. exports. Haiti imports more than
70% of market goods, and American
businesses continue to do well in
finding local buyers and distributors.
Haiti has the lowest import tariffs in the
Caribbean region. Best prospects sectors
for U.S. exports include: Apparel and
Textile; Machinery and Transport;
Automotive Sector and Parts;
Telecommunications Services and
Equipment; Electrical Power Systems;
Tourism; and Construction and Building
Products/Equipment.
Jamaica
The United States is Jamaica’s largest
trading partner, accounting for almost
40% of Jamaica’s total trade. A small
economy of 2.8 million people and $15
billion GDP, Jamaica’s geographic
proximity and historically strong links
with the United States have encouraged
a wide range of U.S. investors and
exporters to enter the Jamaican market.
Best prospects sectors for U.S. exports
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include: Agriculture; Pharmaceuticals/
Chemicals; Machinery/Transportation
Equipment; Consumer Products and
Tourism; ICT; Automobiles; Energy
Production; and Telecommunications
Services and Equipment.
Trinidad and Tobago
The United States is Trinidad and
Tobago’s largest trading partner,
accounting for 33% of Trinidad and
Tobago’s total imports and purchasing
44% of its exports. A small country of
1.2 million people and a per capita GDP
of $20,000, one of the highest in the
region, Trinidad and Tobago’s economy
is dominated by the energy sector.
Trinidad and Tobago’s geographic
proximity and strong links with the
United States have encouraged a wide
range of U.S. investors and exporters to
enter Trinidad and Tobago’s market.
Best prospects sectors for U.S. exports
include: Oil and Gas Field Machinery
and Services; Food Processing and
Packaging; Automotive Parts and
Services; Telecommunications;
Computers and Peripherals;
Construction; Tourism; and Maritime
Industries.
The foregoing analysis of export
opportunities in the Caribbean Region is
not intended to be exhaustive, but
illustrative of the many opportunities
available to U.S. businesses.
Applications from U.S. companies will
be considered and evaluated by the U.S.
Department of Commerce on their
market potential in the Caribbean
region.
Mission Goals
The goal of the mission is to help
participating U.S. companies find
potential partners, agents, distributors,
and joint venture partners in the
Bahamas, Barbados, Dominican
Republic, Haiti, Jamaica, and Trinidad
and Tobago, laying the foundation for
successful long-term ventures to take
advantage of market opportunities in the
Caribbean region. During the mission,
the delegation will have access to
US&FCS Commercial Officers,
Commercial Specialists, and
Department of State Economic/
Commercial Officers from the markets
in the region. They will learn about the
many business opportunities in the
Caribbean region, and gain first-hand
market exposure. Trade mission
participants already doing business in
the Caribbean will have the opportunity
to further advance business
relationships and explore new
opportunities.
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Mission Scenario
The mission will include registration
for the Trade Americas—Opportunities
in the Caribbean Region Conference,
including conference materials and
admission to all sessions and
networking events with industry and
government representatives; industry
and country market briefings; and
logistical support. It also includes oneon-one appointments with pre-screened
potential business partners in the
Dominican Republic and one other
Caribbean market.
U.S. delegation members will arrive
in Santo Domingo, Dominican Republic
on June 8, 2014. On the morning of June
9, trade mission participants will attend
the Trade Americas—Opportunities in
the Caribbean Region Conference,
featuring regional and industry-specific
sessions, market entry strategies,
logistics and trade financing resources.
On the afternoon of June 9, mission
participants will engage in pre-arranged
one-on-one consultations with US&FCS
Commercial Officers and/or Department
of State Economic/Commercial Officers
with expertise in commercial markets
throughout the region, as well as
business service providers. On June 10,
mission participants will stay in the
Dominican Republic for business-tobusiness meetings. On June 11, a limited
number of mission participants will
travel to the Bahamas, Barbados, Haiti,
Jamaica or Trinidad and Tobago
(choosing one) for additional businessto-business meetings to be held on June
12.
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Mission Timetable
June 8, 2014 Travel Day/Arrival in
Dominican Republic
June 9, 2014 Dominican Republic
Morning: Registration and Trade
Americas—Opportunities in the
Caribbean Region Conference
Afternoon: U.S. Embassy Officer
Consultations
Evening: Ambassador’s Networking
Reception
June 10, 2014 Dominican Republic
Business-to-Business Meetings
Optional
June 11–12, 2014 Business-to-Business
Meetings in (choice of one market):
Option (A) Bahamas
Option (B) Barbados
Option (C) Haiti
Option (D) Jamaica
Option (E) Trinidad and Tobago
June 13, 2014 Travel Day
Participation Requirements
All parties interested in participating
in the U.S. Department of Commerce
Trade Mission to the Caribbean Region
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14:45 Jan 27, 2014
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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 20 and a maximum of
30 companies will be selected to
participate in the mission from the
applicants on a rolling basis. During the
registration process, applicants will be
able to select their markets of choice
and will receive a brief market
assessment for each selected market. All
selected participants will attend
business-to-business meetings in the
Dominican Republic. For those
companies seeking to participate in
additional business-to-business
meetings in another market on June 12,
we will select based on market
suitability. The number of companies
that may be selected for each country
are as follows: 2–3 companies for the
Bahamas; 2 companies for Barbados; 4–
6 companies for Haiti; 4–6 companies
for Jamaica; and 3 companies for
Trinidad and Tobago. U.S. companies
already doing business in, or seeking to
enter the market in the Bahamas,
Barbados, Dominican Republic, Haiti,
Jamaica, and Trinidad and Tobago for
the first time may apply.
Fees and 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.
For business-to-business meetings in
the Dominican Republic only (not
traveling to an additional trade mission
country), the participation fee will be
$1,800 for a small or medium-sized
enterprise (SME)* and $2,800 for large
firms*.
For business-to-business meetings in
the Dominican Republic and one other
market, i.e. the Bahamas OR Barbados
OR Haiti OR Jamaica OR Trinidad and
Tobago, the participation fee will be
$2,500 for a small or medium-sized
enterprise (SME) 1* and $3,500 for large
firms*.
The mission registration fee also
includes the Trade Americas—
Opportunities in the Caribbean Region
Conference registration fee of $400 for
1 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/contracting opportunities/
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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4449
one participant from each firm, market
assessment for the region, market
briefings, networking reception, lunch
during the conference and coffee breaks,
interpreters and transportation
associated with the conference, and U.S.
Embassy officer consultations. There
will be a $200 fee for each additional
firm representative (large firm or SME)
that wishes to participate in business-tobusiness meetings after the conference
on Tuesday in the Dominican Republic
and on Thursday in any of the markets
selected.
Expenses for travel, lodging, most
meals, and incidentals will be the
responsibility of each mission
participant.
Conditions for Participation
• An applicant must submit 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% U.S. content of
the value of the finished product or
service.
Selection Criteria for Participation
Selection will be based on the
following criteria:
• Suitability of the company’s
products or services to each of the
markets the company has expressed an
interest in visiting as part of this trade
mission.
• Company’s potential for business in
each of the markets the company has
expressed an interest in visiting as part
of this trade 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.
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Federal Register / Vol. 79, No. 18 / Tuesday, January 28, 2014 / Notices
Timeframe for Recruitment and
Applications
Mission recruitment will be
conducted in an open and public
manner, including publication in the
Federal Register, posting on the
Commerce Department trade mission
calendar on www.export.gov, the Trade
Americas Web page at https://export.gov/
tradeamericas/index.asp, and other
Internet Web sites, press releases to the
general and trade media, direct mail and
broadcast fax, notices by industry trade
associations and other multiplier groups
and announcements at industry
meetings, symposia, conferences, and
trade shows.
Recruitment for the mission will
begin immediately and conclude no
later than Friday, April 4, 2014. The
U.S. Department of Commerce will
review applications and make selection
decisions on a rolling basis until the
maximum of 30 participants are
selected. After April 4, 2014, companies
will be considered only if space and
scheduling constraints permit.
U.S. Trade Americas Team Contact
Information
David Royce, U.S. Export Assistance
Center—Fort Worth, TX, David.Royce@
trade.gov, Tel: 817–684–5354.
Diego Gattesco, U.S. Export
Assistance Center—Wheeling, WV,
Diego.Gattesco@trade.gov, Tel: 304–
243–5493.
Caribbean Region Contact Information
Isabella Cascarano, Senior
Commercial Officer, U.S. Commercial
Service—Dominican Republic,
Isabella.Cascarano@trade.gov.
Maria Elena Portorreal, Regional
Commercial Specialist, U.S. Commercial
Service—Dominican Republic,
Maria.Portorreal@trade.gov.
Elnora Moye,
Trade Program Assistant.
[FR Doc. 2014–01519 Filed 1–27–14; 8:45 am]
BILLING CODE 3510–DR–P
DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric
Administration
ehiers on DSK2VPTVN1PROD with NOTICES
Proposed Information Collection;
Comment Request; Alaska Region
Crab Permits
National Oceanic and
Atmospheric Administration,
Commerce.
ACTION: Notice.
AGENCY:
The Department of
Commerce, as part of its continuing
SUMMARY:
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14:45 Jan 27, 2014
Jkt 232001
effort to reduce paperwork and
respondent burden, invites the general
public and other Federal agencies to
take this opportunity to comment on
proposed and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
DATES: Written comments must be
submitted on or before March 31, 2014.
ADDRESSES: Direct all written comments
to Jennifer Jessup, Departmental
Paperwork Clearance Officer,
Department of Commerce, Room 6616,
14th and Constitution Avenue NW.,
Washington, DC 20230 (or via the
Internet at JJessup@doc.gov).
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the information collection
instrument and instructions should be
directed to Patsy A. Bearden, (907) 586–
7008 or patsy.bearden@noaa.gov.
SUPPLEMENTARY INFORMATION:
I. Abstract
This request is for extension of a
currently approved information
collection.
The king and Tanner crab fisheries in
the exclusive economic zone of the
Bering Sea and Aleutian Islands, Alaska,
are managed under the Fishery
Management Plan for Bering Sea and
Aleutian Islands King and Tanner Crabs
(FMP). The North Pacific Fishery
Management Council prepared the FMP
under the Magnuson-Stevens Fishery
Conservation and Management Act as
amended in 2006. National Marine
Fisheries Service (NMFS) manages the
crab fisheries in the waters off the coast
of Alaska under the FMP. Regulations
implementing the FMP and all
amendments to the Crab Rationalization
Program (CR Program) appear at 50 CFR
part 680. Program details are found at:
https://www.alaskafisheries.noaa.gov/
regs/680/default.htm.
The CR Program balances the interests
of several groups who depend on the
crab fisheries. The CR Program
addresses conservation and
management issues associated with the
previous derby fishery, reduces bycatch
and associated discard mortality, and
increases the safety of crab fishermen by
ending the race for fish. Share
allocations to harvesters and processors,
together with incentives to participate
in fishery cooperatives, increases
efficiencies, provides economic
stability, and facilitates compensated
reduction of excess capacities in the
harvesting and processing sectors.
Community interests are protected by
Western Alaska Community
Development Quota allocations and
regional landing and processing
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requirements, as well as by several
community protection measures.
The NMFS established the CR
Program as a catch share program for
nine crab fisheries in the BSAI, and
assigned quota share (QS) to persons
and processor quota share (PQS) to
processors based on their historic
participation in one or more of these
nine crab fisheries during a specific
period. The CR Program components
include QS allocation, PQS allocation,
individual fishing quota (IFQ) issuance,
and individual processing quota (IPQ)
issuance, quota transfers, use caps, crab
harvesting cooperatives, protections for
Gulf of Alaska groundfish fisheries,
arbitration system, monitoring,
economic data collection, and cost
recovery fee collection.
II. Method of Collection
Respondents have a choice of either
electronic or paper forms. Methods of
submittal include online, email of
electronic forms, mail, and facsimile
transmission of paper forms.
III. Data
OMB Control Number: 0648–0514.
Form Number: None.
Type of Review: Regular submission
(extension of a currently approved
collection).
Affected Public: Individuals or
households; business or other for-profit
organizations.
Estimated Number of Respondents:
1,988.
Estimated Time per Response: Annual
application for crab IFQ permit,
application for Crab IPQ permit,
application to become an eligible crab
community organization (ECCO), 150
minutes each; application for an Annual
Crab Harvesting Cooperative IFQ
Permit, Right of first refusal (ROFR)
contracts and waivers, 1 hour each;
annual application for Crab Converted
CPO QS and CPO IFQ and application
for Registered Crab Receiver (RCR)
Permit, BSAI Crab Rationalization
Program Quota Share Beneficiary
Designation Form, 30 minutes;
application for Crab IFQ Hired Master
Permit and application for Federal crab
vessel permit (FCVP) 21 minutes each;
application for eligibility to receive crab
QS/IFQ or PQS/IPQ by transfer,
application for transfer of crab IFQ,
application for transfer of crab QS/IFQ
to or from an ECCO, Application to
transfer crab QS or PQS, application for
Annual Exemption from Western
Aleutian Islands Golden King Crab West
Region Delivery Requirements,
Community Impact Report or IPQ
Holder Report (North or South Response
Report), 2 hours each; ECCO Annual
E:\FR\FM\28JAN1.SGM
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Agencies
[Federal Register Volume 79, Number 18 (Tuesday, January 28, 2014)]
[Notices]
[Pages 4447-4450]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-01519]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
International Trade Administration
Trade Mission to the Caribbean Region in Conjunction With the
Trade Americas--Opportunities in the Caribbean Region Conference, June
8-12, 2014
AGENCY: International Trade Administration, Commerce.
ACTION: Notice.
-----------------------------------------------------------------------
Mission Description
The United States Department of Commerce, International Trade
Administration, is organizing a trade mission to the Caribbean region,
in conjunction with the Department of Commerce's Trade Americas--
Opportunities in the Caribbean Region Conference in Santo Domingo,
Dominican Republic. Trade mission participants will arrive in Santo
Domingo on June 8, and will attend the Trade Americas--Opportunities in
the Caribbean Region Conference on June 9. Following the morning
session of the conference, trade mission participants will participate
in one-on-one consultations with U.S. and Foreign Commercial Service
(US&FCS) Commercial Officers and/or Economic/Commercial Officers from
the following U.S. Embassies in the Caribbean region: the Bahamas,
Barbados and the Eastern Caribbean, Dominican Republic, Haiti, Jamaica,
and Trinidad and Tobago. The following day, June 10, trade mission
participants will engage in business-to-business appointments with
Dominican companies. A limited number of trade mission participants
will then travel to either the Bahamas, Barbados, Haiti, Jamaica, or
Trinidad and Tobago (choosing only one market) for optional additional
business-to-business appointments, each of which will be with a pre-
screened potential buyer, agent, distributor or joint-venture partner.
The Department of Commerce's Trade Americas--Opportunities in the
Caribbean Region Conference will focus on regional and industry-
specific sessions, market entry strategies, logistics and trade
financing resources as well as pre-arranged one-one-one consultations
with US&FCS Commercial Officers and/or Department of State Economic/
Commercial Officers with expertise in commercial markets throughout the
region.
The mission is open to U.S. companies from a cross section of
industries with growing potential in the Caribbean region, but is
focused on U.S. companies in best prospects sectors
[[Page 4448]]
such as Construction Equipment/Road Building Machinery, Medical
Equipment and Devices/Pharmaceuticals, ICT, Energy Equipment and
Services, and Safety and Security Equipment.
The combination of participation in the Trade Americas--
Opportunities in the Caribbean Region Conference and business-to-
business matchmaking appointments in the Dominican Republic and one of
the other optional Caribbean countries, will provide participants with
access to substantive information about and strategies for entering or
expanding their business across the Caribbean region.
Commercial Setting
Bahamas
The Bahamian economy is driven by tourism and financial services.
The Bahamas imports nearly all of its food and manufactured goods from
the United States, and U.S. goods and services tend to be favored by
Bahamians due to cultural similarities and exposure to U.S.
advertising. Due to its dependence on tourism imports from the United
States and trade with the United States, the Bahamian economy is
notably affected by U.S. economic performance. There are no significant
barriers to trade in the Bahamas. The Bahamas is currently reviewing
proposals for alternative energy source projects. Best prospects
sectors for U.S. exports include: Hotel Equipment; Franchise;
Construction Equipment and Supplies; Consumer Products; and Drugs and
Pharmaceutical Products.
Barbados
Barbados enjoys one of the highest per capita incomes in the region
and an investment climate which benefits from its political stability
and stable institutions. Financial and information services are
important foreign exchange earners and thrive from having the same time
zone as eastern U.S. financial centers and a highly educated workforce.
A renewable energy bill that will open up the possibility of private
energy production and selling back to the grid is expected to be passed
this year. The tourism sector is expected to be upgraded through
several ongoing construction projects. Best Prospects are Construction
and Building Products; Consumer Goods; Agricultural Products and
Equipment; Renewable Energy Technologies and Equipment; and Hotel and
Restaurant Equipment.
Dominican Republic
With a population of 10 million consumers and a GDP of $59 billion,
the Dominican Republic (DR) is the ninth largest economy in Latin
America and the second largest in the Caribbean region. The United
States represents, by far, the DR's largest trading partner. 43.6% of
imports into the DR are of U.S. origin. There is extremely high
receptivity to U.S. goods and services and U.S. product standards are
generally accepted. Since the entry into force of the Dominican
Republic-Central America-United States Free Trade Agreement (CAFTA-DR)
in March 2007, bilateral trade has grown at a robust pace. By 2012,
U.S. exports to the DR had grown by 33% over the pre-CAFTA days of
2006.
The strength of the trade relationship stems from close geographic
proximity and the historic cultural and personal ties that many
Dominicans have with the United States. Best prospect sectors for U.S.
exports include: Automotive Parts, Hotel and Restaurant Equipment,
Travel and Tourism, Safety and Security Equipment; Renewable Energy
Technologies and Equipment; Telecommunications Services and Equipment;
Printing and Graphic Arts Products and Equipment; Computers and
Peripherals; Medical Equipment; and Construction and Building Products.
Haiti
The United States is Haiti's chief trading partner, with a 40%
share of Haiti's import market. Haiti's economy is unique in the
Caribbean region, with a large population of 10 million people but a
relatively small $7.9 billion GDP. Haiti's geographic proximity and
historically strong links with the United States contribute to a strong
market for U.S. exports. Haiti imports more than 70% of market goods,
and American businesses continue to do well in finding local buyers and
distributors. Haiti has the lowest import tariffs in the Caribbean
region. Best prospects sectors for U.S. exports include: Apparel and
Textile; Machinery and Transport; Automotive Sector and Parts;
Telecommunications Services and Equipment; Electrical Power Systems;
Tourism; and Construction and Building Products/Equipment.
Jamaica
The United States is Jamaica's largest trading partner, accounting
for almost 40% of Jamaica's total trade. A small economy of 2.8 million
people and $15 billion GDP, Jamaica's geographic proximity and
historically strong links with the United States have encouraged a wide
range of U.S. investors and exporters to enter the Jamaican market.
Best prospects sectors for U.S. exports include: Agriculture;
Pharmaceuticals/Chemicals; Machinery/Transportation Equipment; Consumer
Products and Tourism; ICT; Automobiles; Energy Production; and
Telecommunications Services and Equipment.
Trinidad and Tobago
The United States is Trinidad and Tobago's largest trading partner,
accounting for 33% of Trinidad and Tobago's total imports and
purchasing 44% of its exports. A small country of 1.2 million people
and a per capita GDP of $20,000, one of the highest in the region,
Trinidad and Tobago's economy is dominated by the energy sector.
Trinidad and Tobago's geographic proximity and strong links with the
United States have encouraged a wide range of U.S. investors and
exporters to enter Trinidad and Tobago's market. Best prospects sectors
for U.S. exports include: Oil and Gas Field Machinery and Services;
Food Processing and Packaging; Automotive Parts and Services;
Telecommunications; Computers and Peripherals; Construction; Tourism;
and Maritime Industries.
The foregoing analysis of export opportunities in the Caribbean
Region is not intended to be exhaustive, but illustrative of the many
opportunities available to U.S. businesses. Applications from U.S.
companies will be considered and evaluated by the U.S. Department of
Commerce on their market potential in the Caribbean region.
Mission Goals
The goal of the mission is to help participating U.S. companies
find potential partners, agents, distributors, and joint venture
partners in the Bahamas, Barbados, Dominican Republic, Haiti, Jamaica,
and Trinidad and Tobago, laying the foundation for successful long-term
ventures to take advantage of market opportunities in the Caribbean
region. During the mission, the delegation will have access to US&FCS
Commercial Officers, Commercial Specialists, and Department of State
Economic/Commercial Officers from the markets in the region. They will
learn about the many business opportunities in the Caribbean region,
and gain first-hand market exposure. Trade mission participants already
doing business in the Caribbean will have the opportunity to further
advance business relationships and explore new opportunities.
[[Page 4449]]
Mission Scenario
The mission will include registration for the Trade Americas--
Opportunities in the Caribbean Region Conference, including conference
materials and admission to all sessions and networking events with
industry and government representatives; industry and country market
briefings; and logistical support. It also includes one-on-one
appointments with pre-screened potential business partners in the
Dominican Republic and one other Caribbean market.
U.S. delegation members will arrive in Santo Domingo, Dominican
Republic on June 8, 2014. On the morning of June 9, trade mission
participants will attend the Trade Americas--Opportunities in the
Caribbean Region Conference, featuring regional and industry-specific
sessions, market entry strategies, logistics and trade financing
resources. On the afternoon of June 9, mission participants will engage
in pre-arranged one-on-one consultations with US&FCS Commercial
Officers and/or Department of State Economic/Commercial Officers with
expertise in commercial markets throughout the region, as well as
business service providers. On June 10, mission participants will stay
in the Dominican Republic for business-to-business meetings. On June
11, a limited number of mission participants will travel to the
Bahamas, Barbados, Haiti, Jamaica or Trinidad and Tobago (choosing one)
for additional business-to-business meetings to be held on June 12.
Mission Timetable
June 8, 2014 Travel Day/Arrival in Dominican Republic
June 9, 2014 Dominican Republic
Morning: Registration and Trade Americas--Opportunities in the
Caribbean Region Conference
Afternoon: U.S. Embassy Officer Consultations
Evening: Ambassador's Networking Reception
June 10, 2014 Dominican Republic
Business-to-Business Meetings
Optional
June 11-12, 2014 Business-to-Business Meetings in (choice of one
market):
Option (A) Bahamas
Option (B) Barbados
Option (C) Haiti
Option (D) Jamaica
Option (E) Trinidad and Tobago
June 13, 2014 Travel Day
Participation Requirements
All parties interested in participating in the U.S. Department of
Commerce Trade Mission to the Caribbean Region 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 20 and a maximum of 30 companies will be selected to
participate in the mission from the applicants on a rolling basis.
During the registration process, applicants will be able to select
their markets of choice and will receive a brief market assessment for
each selected market. All selected participants will attend business-
to-business meetings in the Dominican Republic. For those companies
seeking to participate in additional business-to-business meetings in
another market on June 12, we will select based on market suitability.
The number of companies that may be selected for each country are as
follows: 2-3 companies for the Bahamas; 2 companies for Barbados; 4-6
companies for Haiti; 4-6 companies for Jamaica; and 3 companies for
Trinidad and Tobago. U.S. companies already doing business in, or
seeking to enter the market in the Bahamas, Barbados, Dominican
Republic, Haiti, Jamaica, and Trinidad and Tobago for the first time
may apply.
Fees and 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.
For business-to-business meetings in the Dominican Republic only
(not traveling to an additional trade mission country), the
participation fee will be $1,800 for a small or medium-sized enterprise
(SME)* and $2,800 for large firms*.
For business-to-business meetings in the Dominican Republic and one
other market, i.e. the Bahamas OR Barbados OR Haiti OR Jamaica OR
Trinidad and Tobago, the participation fee will be $2,500 for a small
or medium-sized enterprise (SME) \1\* and $3,500 for large firms*.
---------------------------------------------------------------------------
\1\ 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/contracting opportunities/
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 mission registration fee also includes the Trade Americas--
Opportunities in the Caribbean Region Conference registration fee of
$400 for one participant from each firm, market assessment for the
region, market briefings, networking reception, lunch during the
conference and coffee breaks, interpreters and transportation
associated with the conference, and U.S. Embassy officer consultations.
There will be a $200 fee for each additional firm representative (large
firm or SME) that wishes to participate in business-to-business
meetings after the conference on Tuesday in the Dominican Republic and
on Thursday in any of the markets selected.
Expenses for travel, lodging, most meals, and incidentals will be
the responsibility of each mission participant.
Conditions for Participation
An applicant must submit 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% U.S. content of the value of the finished product
or service.
Selection Criteria for Participation
Selection will be based on the following criteria:
Suitability of the company's products or services to each
of the markets the company has expressed an interest in visiting as
part of this trade mission.
Company's potential for business in each of the markets
the company has expressed an interest in visiting as part of this trade
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.
[[Page 4450]]
Timeframe for Recruitment and Applications
Mission recruitment will be conducted in an open and public manner,
including publication in the Federal Register, posting on the Commerce
Department trade mission calendar on www.export.gov, the Trade Americas
Web page at https://export.gov/tradeamericas/index.asp, and other
Internet Web sites, press releases to the general and trade media,
direct mail and broadcast fax, notices by industry trade associations
and other multiplier groups and announcements at industry meetings,
symposia, conferences, and trade shows.
Recruitment for the mission will begin immediately and conclude no
later than Friday, April 4, 2014. The U.S. Department of Commerce will
review applications and make selection decisions on a rolling basis
until the maximum of 30 participants are selected. After April 4, 2014,
companies will be considered only if space and scheduling constraints
permit.
U.S. Trade Americas Team Contact Information
David Royce, U.S. Export Assistance Center--Fort Worth, TX,
David.Royce@trade.gov, Tel: 817-684-5354.
Diego Gattesco, U.S. Export Assistance Center--Wheeling, WV,
Diego.Gattesco@trade.gov, Tel: 304-243-5493.
Caribbean Region Contact Information
Isabella Cascarano, Senior Commercial Officer, U.S. Commercial
Service--Dominican Republic, Isabella.Cascarano@trade.gov.
Maria Elena Portorreal, Regional Commercial Specialist, U.S.
Commercial Service--Dominican Republic, Maria.Portorreal@trade.gov.
Elnora Moye,
Trade Program Assistant.
[FR Doc. 2014-01519 Filed 1-27-14; 8:45 am]
BILLING CODE 3510-DR-P