The Minority Business Development Agency (MBDA) Business Center-Atlanta hosted a round table at the Georgia Tech Enterprise Innovation Institute to discuss trade opportunities in the Asian Pacific and the Trans-Pacific Partnership (TPP), a trade agenda by President Barack Obama. Albert Shen, National Deputy Director, U.S. Department of Commerce-MBDA and George Mui, Senior Advisor, White House Initiative on American Association of Physicians of Indian Origin moderated and led the roundtable to MBDA Business Center-Atlanta clients and minority business enterprises (MBEs).
Shen and Mui started the roundtable by informing attendees about MBDA’s efforts to help MBEs leverage the Department of Commerce’s Trade Missions to meet potential buyers and pursue exporting opportunities, through the Doing Business in Asia Initiative. The moderators also shared current market information on high-growth Asian markets, which include China and India, and how businesses can broaden their global operations.
Attendees were able to interact with the moderators in an open dialogue about their desires to export and the obstacle that many of them have faced- trying to figure out exactly how to start the exporting process. In lieu of President Obama’s efforts to negotiate the TTP, which will affect international trade by expanding economic opportunities and supporting American jobs and Made-in America exports, many business owners are considering expanding their companies internationally.
Shen and Mui provided vital tips to the attendees about how to prepare their businesses for trade and informed them how MBDA Business Centers will play a vital role in assisting MBEs to expand globally.
The MBDA Business Center-Atlanta currently has the Going Global program to assist clients with opportunities in trade missions; initiatives such as 1) Power Africa- 2) Look South and 3) Doing Business in Asia; strategic alliances and exporting. Through the Going Global program, the MBDA Business Center-Atlanta will connect clients to leading experts and resources to ensure their maximum exporting potential.
For more information contact the MBDA Business Center-Atlanta at 404-894-2096.