Tag Archives: international trade

Transatlantic Trade & Investment Partnership Opening Up New Business Opportunities

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GDo you know what TTIP is and what it could mean for your business? Answers will be provided in a September 26 half-day session at the Lilly Center Auditorium in downtown Indianapolis. The Transatlantic Trade & Investment Partnership is a comprehensive agreement being negotiated between the United States and the European Union.

The answer to the second part of the opening question is that it can, in the words of the Office of the U.S. Trade Representative, “help unlock opportunity for American families, workers, businesses, farmers and ranchers through increased access to European markets for American goods and services.”

The Trans-Atlantic Business Council is presenting this informative program in conjunction with Eli Lilly and Company and the Indiana Chamber. Indiana Congressman Todd Young (R-9th District) will be among the speakers. Two panel discussions will focus on the regional impact of international trade, as well as company executives sharing export and foreign direct investment success stories.

The program will conclude at 11:15 a.m. There is no cost to attend, but registration is required.

Survey: Asia, India in Line for More VC Dollars

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Venture capital has long been concentrated in California and Massachusetts. No news there. Many people, however, will cite improved efforts in recent years by Indiana private and public sector leaders to attract those VC dollars.

The 2009 Global Venture Capital Survey, though, indicates that job might become a little more difficult in coming years. Why?

  • More than half of venture capitalists are now investing outside their home country
  • Fifty-four percent of investors anticipate working with additional international partners in the next three years
  • Asked where their dollars are most likely to go over those 36 months, the top answers were Asia, 50%; India, 43%; and South America, 36%. Only 17% forecast increased U.S. investment

There is still room for states to set themselves apart. Nearly 60% responded that government can play a key role by establishing favorable tax policies. Fifty percent noted that more support for entrepreneurial activity is also important.

On the other hand, maybe more international dollars will find their way here. Another very good reason for the U.S. to avoid protectionist policies that shut the door on international trade and investment.