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USTDA Promoting Energy, Transport Projects in the Americas

Upcoming forum in Washington to focus on U.S. export opportunities

Posted: December 23, 2005

A two-day conference sponsored by the U.S. Trade and Development Agency (USTDA) will focus on near-term U.S. export opportunities, totaling $750 million, associated with major energy and transportation projects in Latin America and the Caribbean, says the USTDA.

In a press release issued December 21, the USTDA said that the conference, to be held March 6 and 7 in Washington, will feature 40 projects financed by multilateral development banks.

"The development of the transportation and energy sectors in Latin America and the Caribbean is essential to promoting private sector-led growth throughout the region," the USTDA added. Regional development needs will offer important business opportunities for U.S. firms, with benefits accruing to both sides, the agency indicated.

"Throughout the conference, representatives from Latin American and Caribbean government executing agencies and MDB officials and managers will present projects and will be available for private meetings with representatives of U.S. companies," the USTDA explained.

For additional information on U.S. policies in Latin America, see Regional Trade.

Following is the text of the USTDA press release, with further details:

(begin text)

U.S. TRADE AND DEVELOPMENT AGENCY
1000 Wilson Boulevard, Suite 1600
Arlington, Virginia 22209
Telephone: (703) 875-4357
Fax: (703) 875-4009

FOR IMMEDIATE RELEASE
December 21, 2005

CONTACT: Donna Thiessen, (703) 875-4357

USTDA CONFERENCE TO HIGHLIGHT MAJOR ENERGY AND TRANSPORTATION PROJECTS IN LATIN AMERICA AND THE CARIBBEAN

WASHINGTON, D.C. (December 20, 2005) -- Near-term U.S. export opportunities totaling $750 million associated with energy and transportation projects in Latin America and the Caribbean will be the focus of a two-day event sponsored by the U.S. Trade and Development Agency (USTDA). The conference, which will feature 40 projects financed by multilateral development banks (MDBs), will be held March 6-7, 2006, at The Madison Hotel in the Washington, D.C.

The development of the transportation and energy sectors in Latin America and the Caribbean is essential to promoting private sector-led growth throughout the region. To support this effort, the conference will inform U.S. companies about the process for securing contracts to export their goods and services for energy and transportation projects funded by MDBs, such as the Inter-American Development Bank, the World Bank, and the Andean Development Corporation. U.S. firms interested in pursuing such contracts should plan to attend the USTDA-sponsored event.

Throughout the conference, representatives from Latin American and Caribbean government executing agencies and MDB officials and managers will present projects and will be available for private meetings with representatives of U.S. companies. During the meetings, U.S. firms will have the opportunity to introduce their products and services directly to project sponsors and initiate relationships with key decision-makers. Conference attendees will receive a copy of a briefing book that contains up-to-date project status, procurement, and contact information. For further details about the event, visit the conference website at www.ustda1on1.com.

The U.S. Trade and Development Agency advances economic development and U.S. commercial interests in developing and middle-income countries. The agency funds various forms of technical assistance, feasibility studies, training, orientation visits, and business workshops that support the development of a modern infrastructure and a fair and open trading environment. USTDA's strategic use of foreign assistance funds to support sound investment policy and decision-making in host countries creates an enabling environment for trade, investment, and sustainable economic development. In carrying out its mission, USTDA gives emphasis to economic sectors that may benefit from U.S. exports of goods and services.

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