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FTZB Issues Annual Report for 2011
January 3, 2013 by Brian Feito|Commerce Dept.

The Foreign Trade Zones Board issued its annual report for 2011. According to the report, the FTZB approved three new FTZs In 2011, as well as the reorganization of 38 existing zones under the alternative site framework. FTZB also approved nine applications for new or expanded manufacturing authority, it said. The value of inputs rose in 2011, and the proportion of domestic inputs used by FTZs continued to fall. Meanwhile, export shipments also increased sharply. Oil and petroleum accounted for about 84 percent of all foreign inputs for manufacturing and production FTZ operators, and about 49 percent of all foreign inputs for warehouse and distribution FTZ operators. See the report for statistics on FTZs in 2011, as well as FTZ activity by state.

USTDA Planning Reverse Trade Missions for Chinese Delegations
December 21, 2012 by Mike Feazel|Commerce Dept.

The U.S. Trade Development Agency and China's Ministry of Commerce will partner to boost industry cooperation in the healthcare, energy, agriculture, and environmental technology sectors through a Select Reverse Trade Mission Initiative, under a memorandum of understanding signed during the U.S.-China Joint Commission on Commerce and Trade this week, they said. USTDA intends to fund up to four Reverse Trade Mission activities to the U.S. for Chinese delegations to introduce potential buyers to U.S. products, services and best practices, it said.

JCCT Meeting Closes With Claims of Gains, but Blank Says Work Still to be Done
December 20, 2012 by Mike Feazel|Commerce Dept.

U.S. officials said there was meaningful progress on key elements of the U.S.-China trade relationship during the annual meeting of the U.S.-China Joint Commission on Commerce and Trade in Washington this week. But they also said much more work remains to be done to open China's market to U.S. exports and investment. The meetings "were important both as a capstone to our past efforts and to lay a foundation for progress going forward," said U.S. Trade Representative Ron Kirk (here).