Global Business Chamber Coalition

1
Global Business Chamber Coalition

• Thursday, June 19, 2003

2
FTAA and Miami

• FTAA and Miami Are Really Two Topics
• FTA Passage
• Miamis Successful Effort

3
Current Conditions

• Soft Domestic Economy
• Weak Latin American and Caribbean Economies
• Terrorism

4
FTAA EU Comparisons
5
The U.S. Offer

• Five Key Areas
• Consumer and Industrial Goods
• Agriculture
• Services
• Investment
• Government Procurement

6
Perspective

• Probability in Realizing Success in Achieving a
  2005 Target Date for FTAA Passage Depends on
  Your Perspective
  
• Most U.S. Officials are Optimistic
• Many non-U.S. officials believe that the U.S. has
  more negotiating to do
  
• Several vocal U.S. and internationally based
  groups are in open opposition to the agreement

7
Targeted Bi-national Agreements

• Chile
• Costa Rica
• El Salvador
• Guatemala
• Nicaragua
• Honduras

8
Florida as FTAA Headquarters?

• Miami is Our Candidate City
• Miamis Competitors
• Port of Spain, Trinidad and Tobago
• Puebla, Mexico
• Panama City, Panama
• Atlanta, Georgia

9
Florida FTAA, Inc.

• Promote Florida as Permanent Secretariat
• Plan and Administer November Americas Business
  Forum and Ministerial Meetings in Miami
  
• Extend Reach Across the United States to Make
  FTAA Secretariat in Florida a National Objective

10
Florida FTAA, Inc.

• Ambassador Charles Cobb, Chairman
• Dr. Tony Villamil, Vice Chairman
• Jorge Arrizurieta, Executive Director
• Armando Codina, President, ABF and Ministerial
• Ambassador Luis Lauredo, Executive Director, ABF
  and Ministerial
  
• Dr. Pamela Dana, Director, Tourism/Trade/Economic
  Development, Governors Representative

11
Estimated Statewide Economic Impact

• 89,000 new jobs
• 60,000 From Impact of a 3.9 Billion Increase in
  Exports
  
• 13.5 Billion Increase to States Economy

12
A Lot of Unknowns Remain in the Site Selection
Process

• Most Likely a Member-nation Voting Process
• One Country, One Vote
• Unanimous Requirement
• Site or Location Selection Process May become
  Part of the FTA

13
Opportunity and Change
14
Opportunity and Change

• Expanded Markets for Existing Products
• New or Modified Products
• Relocate or Outsource Production for Efficiency
  Gains
  
• New Sources for Raw and Semi-finished Materials

15
Opportunity and Change

• Some U.S. Firms and Industries Threatened
• Commodities
• Poorly Differentiated Products
• Protected Industries Cannot Rely Indefinitely on
  U.S. Government Protection

16
Opportunity and Change
17
Whats Next For Central Florida?

• How Do We Respond as a Community?
• How Do We Move Our Businesses Forward?

18
How Do We Respond as a Community?

• Support Florida by Aiding Miami
• Enlist in Florida FTAA-Sponsored Events
• International Diplomacy
• Create a Central Florida Presence at the ABF and
  Ministerial Meetings
  
• Encourage Visiting Trade Officials to Travel
  North and Visit Us.

19
How Do We Advance Our Businesses?

• Nurture (or first create, then nurture)
  Relationships With Latin American and Caribbean
  Businesspeople
  
• Do The Hard Work! Marketing Analyses
• Think Broadly and Openly About Partnering

20
The Global Business Advisory Board

• Were Here to Help
• How Interested Are You?

21
Global Business Chamber Coalition

• Thursday, June 19, 2003