3 Reasons to Attend the VII Americas Competitiveness Forum
Today, U.S. Chamber of Commerce Vice President Jodi Bond officially announced a U.S. Chamber corporate delegation to the VII Americas Competitiveness Forum (ACF) in Panama City, Panama, October 2 to 4, 2013. Bond, who heads the Americas Department at the Chamber, offered her top three reasons U.S. companies should be primed to participate in the seventh annual ACF:
3) Infrastructure, infrastructure, infrastructure: This year’s ACF is focused on “Infrastructure and Technology Shaping Countries Today." Around the hemisphere, billion dollar projects are in the works, from the Keystone XL pipeline passing from Canada through the United States, to a $40 billion canal across Nicaragua, to numerous billion-dollar-plus projects in Peru, and to Brazilian projects to prepare for the 2014 World Cup and 2016 Summer Olympics. What better place to discuss best practices and future opportunities in infrastructure procurement then in the country that ranks first in Latin America in the 2013 Global Competitiveness Index’s Infrastructure Rating?
2) Celebrate Good Times, Come On! The U.S.-Panama Trade Promotion Agreement entered into force On October 31, 2012, immediately lowering tariffs on Panamanian goods entering the U.S. and U.S. goods destined for Panama. Since then, two-way trade has increased 13.6% year-on-year (November to May, according to the U.S. Census Bureau, Foreign Trade Office).
1) “It’s Panama, stupid!” Located in the geographic center of the Americas and having registered the fastest growth in Latin America for the past two years, it’s only natural that Panama hosts the forum that brings together more than 1,000 leaders from the 34 nations in the Americas, including Heads of State, cabinet members, business executives, trade delegates, academics and representatives from the region’s public and private competitiveness councils.
Who else is going? Today, the U.S. Chamber hosted Kristelle Getzler from the Panamanian Ministry of the President; Panamanian Secretary of Science, Dr. Ruben Berrocal; the U.S. Assistant Secretary of State, Jose Fernandez; and the U.S. Under Secretary for International Trade, Francisco Sanchez, as well as numerous Chamber member companies. These senior government and private sector officials know that the ACF is the place to raise your corporate profile, engage high-level government officials and thought leaders, and help shape the future business environment in the Americas.