World Trade Center-Kansas City News: August 2024

A LETTER FROM THE DIRECTOR

Happy August! We’re wrapping up summer with a range of exciting WTC-KC events and business development opportunities that you won’t want to miss.

We have the Exim Bank Lender Roundtable on August 21 and the next installment of our Doing Business Series: Doing Business in Ireland on August 31. Save the date and stay tuned for more details!

Applications for the Fall 2024 Heartland Export Accelerator (HEA) Cohort are now open! HEA prepares businesses to compete globally. Participants will engage with trade experts and build a strategic export plan, gaining essential contacts and resources. Secure your spot with HEA here.

August is National Black Business Month! WTC-KC celebrates the contributions of Black-owned businesses nationwide and regionally. Did you know there are an estimated 140,918 Black-owned businesses in the U.S.? In Kansas City, they play a crucial role in job growth and expanding equity. We proudly support organizations like Heartland Black Chamber of Commerce and KC Black Owned, which connect Black-owned businesses with growth resources. Check out these organizations online or in-person to find out how you can support and advocate for local Black businesses.

Thank you for your continued engagement with WTC-KC. We look forward to bringing you more updates next month. For any trade-related inquiries, please contact us.

Events

The Wolf and the Seven Young Goats
Honorary Consul of the Czech Republic in Kansas City, Missouri USA
Tuesday, August 6, 2024
Read More

9th Global Economic Summit on FINTECH: Accelerating the Digital Revolution
All India Association of Industries (AIAI) & World Trade Center Mumbai
August 8-10, 2024
Register here

Mid-America Trade Summit
MU International Trade Center
October 2, 2024
Register Here

International Subcontracting Exhibition
World Trade Center Algiers
October 2-5, 2024
Register Here

Benefits of the U.S. Foreign Trade Zone Program
The World Trade Center – Kansas City and the Greater Kansas City Foreign Trade Zone
October 7, 2024
Register Here

Heartland CISO Summit
KC Tech Council
October 24-25, 2024
Register here

China International Supply Chain Expo
WTC Shenyang
November 26-30, 2024
Contact to Register

Dispatches from DC

Photo of London Eye near British Flag with city skyline in background.

Keir Starmer's Plan to Revitalize Britain's Economy Through Trade

Following Britain's July 4th elections, Keir Starmer's landslide victory as Prime Minister marks a pivotal shift after 14 years of conservative rule. He swiftly unveiled plans to steer the country with a fresh approach, focusing on progressive policies to counter past trends.

One of Starmer's primary goals is to renegotiate Britain's trade deal with the European Union, criticizing the current arrangement post-Brexit as subpar. He aims to forge a more advantageous deal that promotes economic growth and strengthens ties with EU partners in trade, research, and defense (The Associated Press).

Amidst economic challenges such as stagnant growth and social issues like poverty and healthcare concerns, Starmer pledges a government focused on effective governance and public service. “You have given us a clear mandate and we will use it to deliver change. To restore service and respect to politics, end the era of noisy performance, tread more lightly on your lives.” Starmer emphasized, signaling a departure from old political norms (BBC).

As Starmer navigates Britain's economic landscape, his administration's commitment to revitalizing trade relations signals a new era of strategic decision-making. The outcome of these efforts will shape Britain's economic trajectory, influencing both domestic prosperity and international standing.

WHAT WE'RE LISTENING TO

Photo of phone playing podcast and hand writing in notebook.

Simply Trade
The Hidden Risks of Importing: Former Auditor Cindy DeLeon Talks Tips to Stay Off Customs' Radar
Listen Here

Global Trade Talks
Forced Labor: Mitigating Risks in Auto Industry and Other Sectors
Listen Here

RESOURCES

Photo of hands typing on laptop with computer monitor in the background.

How can ECI Help If Your Products Are Delayed at Sea?
Exim Bank
Read Here

Global Financial Markets Regulatory Review
Dentons
Read Here