Tag Archives: international trade

International Trade Resources

International Trade Resources: international trade  Int’l Trade terms are called Incoterms. For a definition of terms, see:

http://en.wikipedia.org/wiki/Incoterms

Letter of Credit (Description)

A Letter of Credit is a binding document that a buyer can request from his bank in order to guarantee that the payment for goods will be transferred to the seller. A letter of credit gives the seller reassurance that he will receive the payment for the goods. In order for the payment to occur, the seller has to present to the bank with the necessary shipping documents confirming the shipment of goods within a given time frame. It is often used in international trade to eliminate risks such as unfamiliarity with the foreign country, customs, or political instability.

Federal Resources:

Export-Import Bank of the United States http://www.exim.gov/
Overseas Private Investment Corporation http://www.opic.gov/
U.S. Agency for International Development http://www.usaid.gov/
U.S. Bureau of the Census http://www.census.gov/

U.S. Department of Commerce http://www.doc.gov/
U.S. Department of State http://www.state.gov/
U.S. International Trade Administration [Export & Import] http://www.export.gov; www.trade.gov

SBA Assistance http://www.sba.gov/aboutsba/sbaprograms/internationaltrade/useac/index.html

International Trade Specialist U.S. Department of Commerce
Raj Soin College of Business
Wright State University33
937-775-3504 Colonel Glenn Highway – Dayton, Ohio – 45435640 Colonel Glenn H6403645036413640ighway – Don, 33640640 Ohio – 640 Colonel Glenn Highway – Dayton, Ohio – 49
U.S. Commercial Service Funded by the federal government to help smaller U.S. companies increase their export sales. They also work with other USG agencies who work on other issues related to trade (e.g., U.S. export laws, complaints about customs’ practices in other countries, export finance, etc.)

State International Resources:

Indiana http://www.state.in.us/ (search for export) Ohio http://www.odod.state.oh.us/itd/

Kathy Marshalek
937-253-0033 mailto:kathy.marshalek@wright.edu
Kathy works for 2 entities: the State of Ohio Department of Development – as an ITAC (International Trade Assistance Center) counselor.

The ITAC job is really the international version of an SBDC. It’s for start-up businesses who also want international to be the focus of what they’re doing.

The position with EMTEC is to service EMTEC members (companies) that need help with international business and issues but also to develop events and programs for the business community about aspects of doing business internationally.

Kathy services both Dayton and Cincinnati and she would work with new businesses who want to import or export

Assistance with Sourcing
Finding a sourcing agent http://www.business.com/guides/how-to-find-a-sourcing-agent-1210/

Clothing and apparel sourcing

http://www.apparelsearch.com/production_sourcing_agents.htm Will provide assistance for sources for apparel

If you would like to request a Cincinnati SCORE counselor please click here

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