Author Archive

NKITA Trade Education Seminars

Thursday, September 22, 2011, Hilton Cincinnati Airport, 7373 Turfway Road, Florence, KY

Join NKITA at the 2011 DHL Express International Trade Affairs & Compliance (ITAC) Seminar Series.

During the seminar you will learn about:
– Overview of export controls (Office of Export Enforcement)
– Sanctions and embargo shipments
– Effective use of ATA Carnet
– Automated Export System filing compliance



September 9, 2011 at 8:45 am

U.S. Small Business Administration – Trade Mission to Paris, France

“Intelligent Buildings: Putting the Pieces Together” Trade Mission • Green Building Conference • Matchmaking Services

European countries are at the forefront of the worldwide effort to improve energy efficiency, enacting laws designed to encourage green development and favoring products and practices that decrease our dependence on carbon fuels.

France ‐the third largest market in the European Union ‐has dedicated the highest percentage of its economic stimulus package to green industries. Most of the economic activity and job creation resulting from the stimulus will be tied to green building. France has dedicated $256 billion for the thermal rehabilitation of existing buildings and $17 billion for new buildings.

The market is seeking new technologies and services to meet increasingly stringent regulatory environments. The United States is well‐positioned to provide state‐of‐the‐art products and expertise to the intelligent building sector.

Europe currently replaces only one percent of existing buildings per year. Governments are looking for ways to motivate property owners to retrofit their buildings . This conference will examine how to “put the pieces together” –how to synchronize four drivers of intelligent building practices –through innovative products and services, regulations, financing, certification and monitoring processes.

Mission Objectives
Intelligent Buildings Trade Mission

SBA and the U.S. Commercial Service are working together on this trade mission to help U.S. businesses establish relationships, explore opportunities in the green building and renovation market, and facilitate export success to mission participants. These objectives will be measured through participation in:

1.Site visits coordinated by the city of Paris’ Economic Development Agency.
2.A Green conference specifically dedicated to retrofitting existing buildings.
3.Gold Key Matchmaking services provided through the U.S. Commercial Service –Paris.

August 11, 2011 at 11:41 am

Tourism and Trade Mission to Spain – November 2011

July 1, 2011 at 3:08 pm

Trade Mission to Brazil: Export Green

Export Green Trade Mission:
Green Building & Brazil
August 28 – September 02, 2011
São Paulo and Rio de Janeiro

The Export Green Trade Mission will be an excellent opportunity to network with leading industry professionals and learn more about doing business in Brazil. This mission, held in conjunction with the Green Building Conference, brings together entrepreneurs, executives and professionals in the sector to discuss issues of strategic interest to the market and enhance the benefits and concepts of sustainable design, energy and construction.

Why Join?
– Networking opportunities: meet other companies in your industry; establish potential partners; learn more about doing business in Brazil, explore how to enter in the Brazilian market and sell your product;
– Matchmaking services: have business meetings set-up with pre-screened contacts representatives, professional associations and government contacts; meet prospective trade partners in key industry sectors;
– Government Procurement: opportunities to meet with the government officials responsible for infrastructure and projects related to the World Cup and the Olympics;
– Brazilian Partners: Meet with the 5 largest Brazilian companies likely to be responsible for the upcoming major projects. Find out how to become a sub-contractor for these companies.

Space is limited. Apply today!</a> Application deadline is June 29.
Preliminary Agenda

Travel: Participants are responsible for making their own flight arrangements. Meals, translation services, and ground transportation between meetings are included in cost of the mission and will be arranged by the Brazil Council

For additional information and delegation fee, click here. If you have any questions, please contact Luciana Rocha-Goldman or call (202) 463-5496.

Announcing guest star Assistant Secretary Nicole Lamb-Hale A/S Lamb-Hale will join the trade mission to help promote green exports to Brazil. Opportunities will be provided for participants in the trade mission to meet with the Assistant Secretary. Read more here.

The International Conference of the Green Building Council is the largest strategic event in the sector in Latin America. This event will promote upgrading, learning and business generation in a quality environment with intense networking for elected officials and event participants. Participants will explore the exposition area where the exhibitors will have booths with modern and functional design. This will be a great opportunity to interact with entrepreneurs interested in learning more about their products and services, creating an extremely favorable environment for business and relationships.
Export Green: Growing SME Exports to Brazil is a cooperator agreement from the U.S. Department of Commerce that will provide resources to U.S. companies to increase exports of green technologies to Brazil, create jobs, and strengthen American competitiveness in sectors related to green technology. Companies looking to boost their revenue will learn how to navigate and succeed in the Brazilian market through Export Green. To learn more about the project and get involved, please visit the Export Green website.

June 15, 2011 at 3:00 pm

SBA Announces Grants Available for State Trade, Export Promotion

Release Date: Thursday, February 24, 2011
Release Number: 11-17
Contact: Dennis Byrne (202) 205-6567
Internet Address:

$90 Million Jobs Act Initiative Aimed at Increasing Small Business Exporting

WASHINGTON – Beginning March 1, states can apply for grants from the U.S. Small Business Administration to support efforts to increase exporting by small businesses. The State Trade and Export Promotion (STEP) pilot grant initiative is authorized to provide up to $90 million in grants to states over the next three years.

The STEP pilot grant initiative is aimed at achieving two goals: 1) increase the number of small businesses that want to export and 2) increase the value of exports for those small businesses that currently export. Established by the Small Business Jobs Act of 2010 the 50 states, the District of Columbia and U.S. territories are all eligible to apply for grants, which will be awarded on a competitive basis.

“The global market offers countless opportunities for small business owners who are well positioned to grow their volume and customer base beyond our borders, and in doing so, create good-paying jobs in their local communities,” SBA Administrator Karen Mills said. “These grants, through the partnerships they will create at the state level, will strengthen the support available to help small business take that first step to begin exporting, and for those who are already exporting, grow into additional markets.” Read More


February 28, 2011 at 8:16 am

NKITA Trade Education: Foreign Exchange Risk Management Strategies

Given the recent volatility in the Foreign Exchange markets and the increasing globalization of the worlds’ economies, currency movements can have a significant impact on a company’s performance. There are a variety of solutions to manage the impact of currency fluctuations to reduce the risk of adverse movements and maximize the benefit of favorable currency market trends. Tools include locking in forward contracts, purchasing options or entering into non-deliverable forwards in emerging market currencies.

During the seminar you will learn about:

  • Forecast on currency policies in the EURO zone and China;
  • Implications for our small businesses;
  • Tools and the strategies small businesses can use to minimize currency risk.



Toyota Motor Engineering and Manufacturing


Kerry B. Stealey, Managing Director, Foreign Exchange, PNC Bank

Ms. Stealey specializes in providing advisory and execution services in foreign currency risk management. She works closely with corporate clients to tailor foreign exchange management solutions. She has worked extensively will all types of currency risk management instruments, including forwards, options, and non-deliverable forwards. She conducts frequent seminars in foreign currency risk management and related topics.

Prior to joining PNC Capital Markets Ms. Stealey was a Vice President on the Foreign Exchange desk for National City Bank since 1996. She began her career in Boston as a financial planner after graduating from Ithaca College in New York. She moved to Los Angeles, California where she continued to work in the financial services industry until joining National City, now PNC in Cleveland, Ohio.

Ivan Drobnjak, Fifth Third Bank

Oiginally from Eastern Europe, Ivan was educated in the United States. He earned a Bachelor’s Degree from Berea College and an MBA in Finance from Miami University, graduating at the top of the class. Ivan has spent the nine years of professional experience with Fifth Third Bancorp, all of it working in some International function. For six years he was a Commercial Lender focused solely on taking care of European corporates, while the last two years he has narrowed down the focus to the world of Foreign Exchange.

Ivan now covers Kentucky, Southeast Ohio & West Virginia markets as a Foreign Exchange Advisor. His function is to listen and understand companies’ international needs & objectives and subsequently craft an optimal international strategy for the business. This strategy’s goal is to eliminate risk and maximize profit.

February 25, 2011 at 11:36 am

DHL Expands Its U.S. Hub at Cincinnati/Northern Kentucky Airport

$22.5 Million Expansion to Enhance International Services, Meet Growing Demand of Shipping Customers

PLANTATION, Fla.–(BUSINESS WIRE)–DHL, the world’s leading logistics company, announced today it will invest US $22.5 million to expand its hub facility at the Cincinnati/Northern Kentucky airport to meet the growing demands of international shipping customers.

Starting in March 2011, DHL will build on 19 acres of land leased from the CVG Airport authority to expand its existing aircraft parking apron and construct nine new aircraft gates. The expansion will enable parking for nine additional wide-body aircraft that will connect the United States to points in Asia, Europe and the Americas.

“As businesses increasingly go global to capitalize on emerging trends in international trade, the expansion at our CVG hub will position DHL to accommodate the growing needs of our importing and exporting customers,” said Ian Clough, CEO for DHL Express U.S.

All new aircraft gates will include a hydrant jet refueling system for a more efficient refueling operation as well as the capability to de-ice aircraft directly at the gate. Construction will continue through September 2011.

This is the second phase of a two year, $40 million investment to enhance DHL operations at the Cincinnati hub which includes equipment upgrades and various facility improvements. In October 2010, DHL announced a $12.5 million project to upgrade existing hardware and software applications running its auto sort system, improving the speed and reliability of shipment scanning and sorting as volumes grow at the Cincinnati hub. The CVG hub handles about 90% of the DHL volume that enters the U.S.

The investment also represents DHL’s continued commitment to the U.S., a key component of its powerful global network. In the past two years, DHL restructured its U.S. Express division, focusing on its core international shipping specialty and implementing an extensive Certified International Specialist training program to ensure all employees are experts in the intricacies of international trade and transportation. The company also added an entirely new selection of Time Definite import and export express services and flights to the U.S. from Paris and Frankfurt to further expand next-day service from key points in Western Europe. Read More

February 14, 2011 at 8:33 am

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Travel with the Northern Kentucky Chamber in 2012

Peru - August 12-20, 2012
To learn more about the program, please email Kyle Horseman or call 859.426.3653.

RSS Northern Kentucky Chamber – Calendar

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