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National Export Strategy 2002 - International Trade Administration ...

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The <strong>2002</strong> <strong>National</strong> <strong>Export</strong> <strong>Strategy</strong><br />

governments, including generous subsidies and<br />

programs focused on getting small businesses into<br />

the global market.<br />

Issues Raised by New-to-<strong>Export</strong><br />

Companies<br />

Small firms that are not currently exporting but<br />

that have the capacity and desire to do so represent<br />

an important population. According to the<br />

survey, about 30 percent of nonexporters are<br />

interested in exporting and cite the lack of<br />

information about export markets, customers, and<br />

export procedures as areas where they most need<br />

help. These firms are a major source of economic<br />

activity and job growth in the United States. They<br />

hold the potential for even more dynamic growth<br />

as they enter international markets. On the other<br />

hand, as these firms begin to explore international<br />

markets, they face a daunting array of information<br />

and resources. Furthermore, once they identify appropriate sources of help, it can take<br />

as long as two years for a novice firm to successfully complete their first export<br />

transaction. Clearly, such an<br />

investment of time and resources<br />

requires a very high level of<br />

commitment on the part of both<br />

the private firm and the agencies<br />

providing assistance.<br />

Firms that are new to exporting<br />

report a variety of challenges. In<br />

addition to mastering the<br />

intricacies of the exporting<br />

process, they also have to identify<br />

and learn how to use the various<br />

information systems to find<br />

market research, technical<br />

information, and documentary<br />

requirements. Several complained<br />

about finding information about<br />

the different programs and the<br />

difficulty of navigating through<br />

Comprehensive <strong>Trade</strong> Promotion<br />

by Industrial Countries<br />

■ SIMEST, the Italian financial institution for the<br />

development and promotion of Italian business abroad,<br />

assists companies in establishing a permanent presence<br />

and marketing activities in non-European Union<br />

markets. Financing is available for representative<br />

offices, sales outlets, customer assistance centers,<br />

warehouses, and showrooms.<br />

■ The French also have adopted a more comprehensive<br />

approach to trade, with French senior commercial<br />

officers at posts managing not only trade policy<br />

related issues and export promotion, including<br />

agricultural commodities, but also programs aimed at<br />

encouraging French firms to invest in foreign markets.<br />

■ British <strong>Trade</strong> <strong>International</strong> is also taking a more<br />

holistic approach, moving away from trade promotion<br />

into trade development, seeking to improve the overall<br />

capacity of companies, rather than focusing solely on<br />

helping them make export sales. This change is<br />

reflected in a changing portfolio of services, as well as<br />

changing the way that they measure their success.<br />

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