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CBIRS Request 2453
 
Community Budget Issue Requests - Tracking Id #2453
Free Trade Agreement of the Americas (FTAA)
 
Requester: Tony Ojeda, Executive Director Organization: Miami-Dade County
 
Project Title: Free Trade Agreement of the Americas (FTAA) Date Submitted 1/15/2003 2:20:42 PM
 
Sponsors: Garcia
 
Statewide Interest:
The Secretariat would be meet the requires in the statute by boosting Florida economy, generating more state revenue, employing Floridians, etc.
 
Recipient: Miami Dade County   Contact: Tony Ojeda  
  111 N.W. 1st Street   Contact Phone: (305) 375-1254  
  Miami 33128
 
Counties: {Statewide}
 
Gov't Entity: Yes Private Organization (Profit/Not for Profit):  
 
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 Western Hemisphere through the secretariat. 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 journalist to South Florida. As a result that no dedicated host for the permanent secretariat has been selected, it is vital for the state to pursuit such efforts. This would result in enhancing the state international position, job creation and business opportunities.
 
Is this a water project as described in Chapter 2002-291, Laws of Florida? No
 
Measurable Outcome Anticipated:
International Trade is one of the top's State industries. The FTAA Secretariat would bring additional travelers and business head quarters for hemisapheric operations. In summary, it would result in additional business opportunities, job creation and community enhancement.
 
Amount requested from the State for this project this year: $1,000,000
 
Total cost of the project: $3,000,000
 
Request has been made to fund: Operations
 
What type of match exists for this project? Local, Private
  Cash Amount $500,000   In-kind Amount $200,000
 
Was this project previously funded by the state?   No
 
Is future-year funding likely to be requested?   Unknown
 
Was this project included in an Agency's Budget Request?   Yes
  Agency Governor, Executive Office Of The
 
Was this project included in the Governor's Recommended Budget? Unknown
 
Is there a documented need for this project? Yes
  Documentation: Florida International University Working Paper Florida-FTAA
 
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?   Yes
  Hearing Body: Miami Dade Legislative Delegation
  Hearing Meeting Date: 12/17/2002