CTIP Profile May, 2014xxx

Contents

1. Cover Page and Table of Contents

2. Organization’s Overview

Board of Trustees

3. Key Messages

Principles

4. Objectives

Trade and Investment Institute

Council for Trade and Investment Promotion (CTIP)

An NJ Non-Profit CorporationNew Jersey Business Registration No. 0400597450

Brief CTIP Profile

"CTIP’s primary focus will be to promoteinternational trade and investments, including

export-import finance for its Members"

www.councilfortradeandinvestment.org

_________________________________________________________________________

This CTIP Profile” is for presentation purposes only and subject to change without prior notice.If there is any question or concern or you want to make an inquiry, please contact CTIP Phone

Number: 1.908.463.9417 or email address: [email protected]_________________________________________________________________________


32 Passaic Street, Garfield, New Jersey 07026 U.S.A.Phone No. 908-463-9417

E: [email protected]: www.councilfortradeandinvestment.org

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Organization’s Overview

The Council for Trade and Investment Promotion (CTIP), an NJ Non-Profit Corporation, and an international trade organization, is principally focus in promoting trade and investments in the United States in general and in the State of New Jersey in particular.

The trade association has also created a Trade and Investment Institute, an organization that will host Seminars, Workshops, and Training, including Conferences related to trade and investments, import-export credit, public-private-partnership (PPP), and other related subjects. CTIP will offer these courses not only to its members, but also to non-members and students who would like to pursue a career on international trade.

A trade and investment promotion initiative is most often a government agency (or at times a non-profit organization functioning similar to a chamber of commerce or a trade association) whose mission is to attract investment to a country, state, region or city. It does this by introducing investors with local real estate developers and other commercial service companies, providing useful statistical information such as average wages and by managing any investment incentives that the city, state or country may offer to companies which invest there.

As part of our short term plan, we shall export this program overseas, through partnership with existing overseas trade associations and chamber of commerce. In this way we promote the State of New Jersey as a trade and investment destination for companies overseas who would like to do business in the United States. CTIP is open for membership to both local and foreign individuals and companies either as single proprietorship, partnerships or corporations. The organization is also open to executing cooperation agreements with local and international trade associations or chamber of commerce. CTIP has so far organized three (3) CTIP Chapters overseas, they are in Tanzania, Ghana and in Honduras. It plans to organize at least ten (10) CTIP Chapters in 2014.

For further information, please check CTIP website:www.councilfortradeandinvestment.org, or you can send an email to [email protected] for further information. You can also send an email to Mr. Fernando M. Sopot, CTIP Charter President. His email address is [email protected].

Board of Trustees

1. Capac, Richard Managing Director Leaf Group

7. Martinez, KarenExecutive AssistantYINI & ASSOCIATES, LLC

2. Colon, Jose M.Vice President J. P. Morgan Chase

8. Nunez, Yiniana Managing DirectorYINI & ASSOCIATES, LLC

3. Contreras, MannyPresident First International Investors, LLC

9. Pappas, MargaritaVice PresidentAlma Bank

4. Geier, Hank Managing DirectorKristara Investments, LLC

10. Rana, Nagin OwnerMilan Banquet Hall

5. Hernandez, JosePresident Newark Mechanical Inc.

11. Savkur, ArunManaging DirectorQuantum Group

6. Lynch, DianaPublisherLa Luz Newspaper

12. Sopot, Fernando M. President & CEO Global First Financial Partners, Inc.

13. Thompson, Michael Vice President

Fulton Bank




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Key Messages

Dynamic and sustained economic growth, supported by investments and entrepreneurship are the needed ingredients for the private sector to create more jobs and business opportunities and thus increase income for the man in the street.

In turn, this will generate income for the City to fund and expand its access to health, education and infrastructure services and help improve productivity.

But in many towns and cities in the State of New Jersey “foreign direct investments” (FDI)are too low and far between, productivity gains are insufficient, incentives for innovation are inadequate, return on investments are not sufficiently predictable, and not enough to secure a safe and adequate jobs being created in the formal economy.

While United States is considered a developed country, many local government units (LGU) are still in dire need of trade and investment opportunities to address government’s budgetary constraints and other structural impediments that holds back productive investments, from both domestic and foreign.

Economic development is like developing an infrastructure facility on a “public-private-partnership (PPP) mode. The private sector has its own responsibility to support the government. It cannot leave economic development to the government alone. It has to work hand-in-hand. It must work as a team.

To help the private sector mobilize more productive investments, and improve the effectiveness of interventions that support this objective, the Council need to:

1. Be more strategic, and its support shall be in accordance with the market demand;2. Focus on helping to lower the costs of investments, reduce risks, improve

competition and develop human and institutional capacities in the City;3. Promote responsible business practices in such areas as labor relations, the

environment and anti-corruption within the system;4. Support the City’s advocacy of enhancing the contribution of investment to pro-

poor growth (i.e. increase the impact of growth on poverty reduction) by making labor, land and other markets work better for the poor, tackling constraints to women’s entrepreneurship, reducing barriers to formalization, promoting environmental sustainability, expanding access to knowledge and technology and unleashing the economic potential of the City;

5. Encourage entrepreneurship and innovation by supporting education and vocational training, research and development activities and technology transfers;

6. Support the City’s plan to improve and develop new and efficient infrastructure facilities, especially those under PPP concept offering it to prospective investors, who are qualified and eligible to undertake government infrastructure projects;

7. Help the City improve its capacity as an investment and tourism destination;8. Seek out reliable, representative and accountable domestic partners who can

drive reform program and help catalyze change.

Principles

To achieve mutually beneficial outcomes, this Trade and Investment Cooperation Framework operate according to the principles of equality, transparency, efficiency, mutual understanding and consensus.

This framework is open-ended and progressive. The cooperation initiatives may be adjusted enriched and will evolve as issues of concern to the City and to the State of New Jersey, to support its development and catalyst of change for the future, in accordance with its Medium Term Plan.




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Objectives

This cooperation framework is developed and initiated with the aim of:

1. Promoting trade, investment and economic cooperation in the State of New Jersey;2. Encouraging trade and investment from various domestic and foreign trade and

investment organizations with the CTIP acting as the conduit between these organizations and various companies and business organization, including Chamber of Commerce in Paterson City, and all other Chambers dealing on Trade and Investments giving emphasis in supporting economic and sustainable development, and growth;

3. Sharing policy practices on trade and investment among the Stakeholders, both local and overseas;

4. Encouraging initiatives among the Stakeholders to support institution-building to enhance productive capacity and value addition across various economic sectors; and

5. Enhancing communication and coordination.

Trade and Investment InstituteA CTIP owned Institute of Learning

CTIP has organized a Trade and Investment Institute designed to help our members and non-members, including students who wants to pursue a career on trade and investments and apply the skills and knowledge learned from Seminars, training and workshops, in their respective businesses.

Career Focus

The series of courses on Trade and Investments is designed for US Companies understand the intricacies of trade and investments. The course shall cover trends in international trade and investment, including export and import financing or trade finance.

International Trade

International trade is the exchange of goods and services across national boundaries. Exports are the merchandise individuals or nations sell. On the other hand, imports are the goods individuals or nations purchase.

Global Opportunities

Major changes that took place in the twentieth century have had significant effect on international trade in the new century and have provided unprecedented opportunities.

The age of globalism has brought about worldwide distribution, the internet, satellite communications, and speedy transportation systems. People all over the world seek the same luxuries and standards. They see things and, naturally, they want them.

Globalization is no longer a buzzword; it is a reality. National governments have a large stake in its outcome because this change affects their societies. As the process goes forward, the need for harmonizing interstate laws becomes more serious. Therefore international trade cannot be a state process, and business that make products and attempt to sell them across borders must certainly adjust.

“We are ready to go “global”!

Documents

CTIP Profile May, 2014xxx