ITA Announces Export Promotion Partnerships with 12 AmChams in Latin America

The International Trade Administration joined leaders from 11 American Chambers of Commerce (AmChams) in Latin America to announce new partnerships under the ITA’s Global Buyers Initiative. Formal memorandums of understanding were signed during a ceremony at the annual Association of American Chambers of Commerce in Latin America (AACCLA) Conference. According to the ITA, through the Global Buyers Initiative a U.S. company identifies potential buyers of U.S. goods and services, and then refers them to the ITA's commercial posts overseas, where ITA staff works to connect the buyers with American companies who can meet their needs. The ITA said the pilot program has been a success, so it's expanding it through this agreement.

The ITA said representatives from AmChams in Chile; Colombia; Costa Rica; Dominican Republic; El Salvador; Guatemala; Honduras; Mexico; Panama; Peru; and Uruguay participated in the ceremony. Belize is also participating in the partnership, but could not attend the event.

ITA Under Secretary Francisco Sanchez' remarks at the event (dated 05/14/12) available here.