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Proposals for U.S. Export Promotion.

Proposals for U.S. Export Promotion. Trade Promotion Coordinating Committee [TPCC] & Small and Medium Enterprises [SMEs]. Bahamin Amini ITRN 603-002. Trade Promotion Coordinating Committee (TPCC).

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Proposals for U.S. Export Promotion.

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  1. Proposals for U.S. Export Promotion. Trade Promotion Coordinating Committee [TPCC] & Small and Medium Enterprises [SMEs] Bahamin Amini ITRN 603-002

  2. Trade Promotion Coordinating Committee (TPCC) • Interagency task force that ensures the coordination and development of a Government-Wide export promotion plane • Made up of seven agencies • Department of Commerce • Export – Import Bank • Overseas Private Investment Corporation • U.S. Trade and Development Agency • Small Business Administration • Department of State • Department of Agriculture

  3. TPCC and Export Promotion • Focused on Small and Medium Sized Enterprises (SMEs) • Main initiatives • Training • Marketing • Program Integration • Information Sharing • SMEs represent 97 percent of all exporters in United States ( National Export Initiative Report 2012. DOC) • Every additional dollar spent on export promotion yields a 40-to-1 return in increased export sales (World Bank Study 2006) • Major Trade Partners outspent United States in Trade Promotion 20-to-1 (The Council of State Governments Reports 2009)

  4. Issue- Ineffective Coordination and Implementation • Lack of Coordination among involved agencies • Lack of common goals and objectives • Different priorities • Lack of Information sharing • Limitation in Export strategies • No program evaluation • No assessment process • Different method of analysis to track business activities

  5. Sources • http://gao.gov/products/GAO-06-660T • http://www.carecprogram.org/uploads/events/2009/10th-TPCC/006_136_206_CAREC-TPCC-Status-Report.pdf • http://www.commerce.gov/news/fact-sheets/2013/02/19/fact-sheet-national-export-initiative • http://siteresources.worldbank.org/EXTEXPCOMNET/Resources/2463593-1213887855468/41_Export_Promotion_Agenices_What_Works_and_What_Doesnt.pdf

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