International Development Committee Analyzes NAFTA Negotiations
Friday, September 01, 2017
The Greater Irvine Chamber’s International Development Committee (IDC) continues to spearhead its initiatives to expand opportunities and grow the impact of trade, export, and foreign direct investment for Irvine and Orange County’s businesses. To that end, each of committee’s meetings are kicked off with a discussion to discover issues business and community leaders are facing in regard to international commerce.
During the August meeting, led by IDC co-chairs Marv Sepe of CTC Global, and Rima Nashashibi of Nashashibi International Consultants, more than two dozen business and community leaders who are IDC members focused on the North American Free Trade Agreement (NAFTA) as the U.S., Canada, and Mexico have begun negotiations on various aspects of the Free Trade Agreement between the three countries. IDC members discussed the pros and cons of NAFTA and how it could affect certain industries and aspects of business. Committee leaders will report results of the collective analysis to the U.S. Chamber with the intent to influence the best possible outcome for businesses.
Regarding Foreign Direct Investment, the IDC has confirmed two U.K. life science companies and multipliers and associations to visit Irvine in October to survey the life science eco-system here for investment opportunities. These invited U.K. companies and associations are a result of the IDC’s trade mission to the U.K. in February. This showcase of Irvine will be centered around OCTANe’s Medical Technology Innovation Forum Conference held Oct. 30 and 31.
For more information on the Greater Irvine Chamber International Development Committee, contact Diana Le.
Category: Economic Development