2012 Press Releases
U.S. Embassy and The Bahamas Chamber of Commerce Announce International Trade and Financing Seminars
May 17, 2012
On Wednesday, May 16, the Embassy’s Political/Economic and Commercial Chief Alex Sokoloff and the Bahamas Chamber of Commerce Chairman Chester Cooper held a press conference to announce two “International Trade and Financing Seminars” to be held in Nassau and in Freeport May 22-24. The events are co-sponsored by the U.S. Embassy, The Bahamas Chamber of Commerce and Employers Confederation, and the Grand Bahama Chamber of Commerce.
According to Mr. Sokoloff, the Export-Import Bank (Ex-Im) has shifted its focus from multi-million dollar deals to include a larger share of small short-to-medium term loans structured for small and medium sized enterprises (SME’s). He stated that the United States Embassy is proud to partner with both Chambers of Commerce to get Bahamian entrepreneurs the tools needed to access capital in a rebounding economy.
The seminars in Nassau and Freeport will feature Luis Castillo a registered broker for Export-Import Bank, Global Trade and Financing, who will discuss Ex-Im financing programs that are now available to SME’s. James Hunt, MITA Group president, angel investor, and tech-industry expert will deliver the keynote in Nassau. United States Embassy’s Chargé d’Affaires John Dinkelman will deliver remarks at the Nassau Sheraton Resort on May 22 and in Freeport at the Pelican Bay Hotel on May 24.
The U.S. Embassy’s support of the two events is part of the U.S. government’s global business strategy known as the National Export Initiative (NEI), which was launched by President Obama in March 2010. The primary goals of NEI are promoting stronger and balanced global growth and fostering increased trade.