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Community Budget Issue Requests - Tracking Id #2453 |
Free Trade Agreement of the Americas (FTAA) |
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Requester: |
Tony Ojeda, Executive Director |
Organization: |
Miami-Dade County |
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Project Title: |
Free Trade Agreement of the Americas (FTAA) |
Date Submitted |
1/15/2003 2:20:42 PM |
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Sponsors: |
Garcia |
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Statewide Interest: |
The Secretariat would be meet the requires in the statute by boosting Florida economy, generating more state revenue, employing Floridians, etc. |
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Recipient: |
Miami Dade County |
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Contact: |
Tony Ojeda |
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111 N.W. 1st Street |
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Contact Phone: |
(305) 375-1254 |
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Miami 33128 |
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Counties: |
{Statewide} |
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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 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. |
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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: |
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. |
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Amount requested from the State for this project this year: |
$1,000,000 |
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Total cost of the project: |
$3,000,000 |
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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 |
$200,000 |
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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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Unknown |
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Was this project included in an Agency's Budget Request? |
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Yes |
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Agency |
Governor, Executive Office Of The |
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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 Florida-FTAA |
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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 Legislative Delegation |
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Hearing Meeting Date: |
12/17/2002 |