City of Laredo to Host Ecuadoran Trade Mission
Written by admin, Apr 14, 2011, 0 Comments
Courtesy Xochitl Mora,
Continuing on the very successful past conferences with various Central American countries, the City of Laredo is expanding on their initiative to convince exporters from this area of the world to ship their products through Laredo, catapult Laredo into a logistical hub for Central American exports entering the U.S. market. The gathering is expected to draw more than two dozen exporters from Ecuador considering Laredo as a strategic distribution center for their exports to the United States.
“Laredo is the premier location for trade from throughout the Western Hemisphere to enter,” said City of Laredo Mayor Raul G. Salinas. “Our expertise and position in the global trade industry will be highlighted throughout the conference, to help these businesses save time and money on shipping their products through Laredo, all while positively impacting Laredo’s trade industry,” he added.
Attendees to the conference will have a busy schedule of events, with experts in various aspects of the trade industry giving presentations and panel discussions on the processes, protocols, opportunities and differences of trading through Laredo. Topics covered throughout the two-day conference will address the future expectations and changes to the trade industry, developing infrastructure strategies for land, sea and air trade, or the logistics of commerce connection from one country to the next. Organizers of the conference also worked to include high-level government officials from both sides of the border who are involved in the trade industry. A panel presentation featuring representatives from U.S. Customs & Border Protection; U.S.D.A. and other federal agencies will be featured in one discussion.
Part of the conference activities will provide attendees with an opportunity to view the trade and commerce infrastructure of Port Laredo’s overland capabilities. Attendees will also get an opportunity to network with each other at the exhibit display booths; however, organizers have set-up private business-to-business meetings with exporters and companies on-site, to help expedite the trade connections.
While many major corporations will be present, such as Costco, HEB and Wal-Mart, who will be looking to expand their trade network, many local companies will also be attending the conference, who hope to offer new and exciting products to Laredoans. Many of Laredo’s local freight forwarding and warehousing businesses plan to offer their expertise and services to these future South American partners.
According to City Manager Carlos Villarreal, the exporters are looking for ways to cut costs and time from shipping goods from other busier U.S. ports of entry. By offering the exporter the opportunity to ship through Laredo, the product arrives to destination points in the mid-west and western part of the country faster and cheaper.
“We are not trying to take business from other ports,” said Villarreal. “Our goal is to help these South American exporters use smarter, faster, less expensive trade ports, by utilizing Laredo as part of their total distribution network.”
Thanks to NAFTA, the Port of Laredo has increased exponentially in its role in the trade industry. Laredo is the nation’s number one inland port, owning four international bridges, two specifically reserved for commercial vehicles. Currently, approximately 13,000 trucks – about 40% of all U.S./Mexico trade – crosses through Laredo. Additionally, Laredo is the sixth largest commercial/customs district in the United States, generating more than $173 billion in international trade annually. As the eighth largest air cargo hub in the Americas, the Laredo International Airport has seen $150 million of infrastructure improvements in the past few years. Over 1,200 rail cars pass through Laredo per day, making Laredo the number one railroad interchange point on the U.S./Mexico border, as well.
With the recent passage of the Central American Free Trade Agreement (CAFTA), Laredo hopes to entice the South American countries to trade through Laredo, as well.
April 14-15, 2011 9:00 a.m. – 4:00 p.m.
La Posada Hotel, 1000 Zaragoza
