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| Community Budget Issue Requests - Tracking Id #2356 |
| Hemispheric Trade Ministerial Meeting & Americas Business Forum |
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| Requester: |
Tony Ojeda |
Organization: |
International Trade Department, Miami-Dade County |
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| Project Title: |
Hemispheric Trade Ministerial Meeting & Americas Business Forum |
Date Submitted |
1/15/2003 2:33:58 PM |
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| Sponsors: |
Margolis |
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| Statewide Interest: |
| International Trade is one of the State's top industries. Hosting Hemispheric Trade Ministerial Meeting & Business Forum of the Americas will allow Florida to further engage in international promotion and increase Florida's position as the Hemispheric Trade Hub, in addition to enhancing the State's changes of becoming the Permanent Secretariat in 2005. Although at a smaller scale of that of Brussels serving as the central headquarters for the European Community, the FTAA Secretariat would bring additional travelers and business headquarters for hemispheric operations. In summary, it would result in additional business opportunities, job creation and community enhancement. |
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| Recipient: |
Miami-Dade County |
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Contact: |
Tony Ojeda |
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111 NW 1st Street |
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Contact Phone: |
(305) 375-1254 |
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Miami 33128 |
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| Counties: |
Dade |
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| Gov't Entity: |
Yes |
Private Organization (Profit/Not for Profit): |
|
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| Project Description: |
| The central purpose of the Free Trade Area of the Americas (FTAA) is to promote economic growth and prosperity of the member countries by lowering barriers to trade and investment within the Wesyern Hemisphere. Oversight of the negotiating process is the responsibility of the Ministers of Trade who are required to meet at least every 18 months preceded by Americas Business Forum (ABF). While the Vice Ministers of Trade manage the negotiations, the ABF would bring over 3,000 business people and journalists to South Florida in November 2003 to participate. Miami-Dade County, in conjunction and on behalf of local jurisdictions, will share the lion's share of logistical support, transportation assistance, security detail support, as well as in-kind personnel. |
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| Is this a water project as described in Chapter 2002-291, Laws of Florida? |
No |
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| Measurable Outcome Anticipated: |
| It will eliminate tariff barriers, the FTAA will create a market of 800 million consumers with a combined growth domestic product (GDP) of $14 trillion. The FTAA may boost U.S. exports by $25 billion a year. |
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| Amount requested from the State for this project this year: |
$2,000,000 |
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| Total cost of the project: |
$4,000,000 |
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| Request has been made to fund: |
Operations |
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| What type of match exists for this project? |
Local, Private |
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Cash Amount |
$500,000 |
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In-kind Amount |
$800,000 |
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| Was this project previously funded by the state? |
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No |
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| Is future-year funding likely to be requested? |
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No |
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| Was this project included in an Agency's Budget Request? |
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Unknown |
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| Was this project included in the Governor's Recommended Budget? |
Unknown |
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| Is there a documented need for this project? |
Yes |
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Documentation: |
Florida International University Working Paper |
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| Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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Yes |
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Hearing Body: |
Miami-Dade Board of County Commissioners |
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Hearing Meeting Date: |
08/18/2002 |
