• Office of Trade and Investment-Illinois Department of Commerce

    Dear Illinois Exporters,
    The Office of Trade & Investment (OTI) continues to offer Illinois businesses virtual services to support export promotion and international sales growth. OTI’s team of Chicago-based international trade specialists and our six foreign trade offices in: Belgium, Canada, China, Israel, Japan, and Mexico are ready to support businesses across the state looking to expand in international markets.
    Please see attached list of webinars about exporting for June and July 2021.
    We look forward to seeing you.
    Margo Markopoulos
    Director, Office of Trade and Investment
    For more information on the Illinois Department of Commerce Office of Trade and Investment (OTI)…
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    What can the U.S. EXIM Bank do for Exporters?
    Monday, June 7, 12:00 PM
    Learn about EXIM products for exporters. We will focus on credit insurance for small and medium sized businesses: what it is, how it works, and what it costs. How credit insurance can help you offer open account terms, reduce payment risk and be a marketing weapon.
    Join us to learn how EXIM Chicago office can help you.
    Mining Sector: Opportunities in Australia and Latin America
    Tuesday, June 8, 4:00 PM
    To assist Illinois exporters of mining equipment, technology and services, the Office of Trade and Investment will profile two regions: Australia and Latin America.
    This session will address the following in Australia and Latin America:
    1. Mining sector overview
    2. Opportunities for Illinois exporters
    3. Tips on doing business in these regions
    UPS Services for Small Businesses in International Commerce Monday, June 21, 12:00 PM
    Navigating international sales and exporting can be complicated for small businesses. In this webinar we will cover the UPS services available for small businesses and E-commerce companies working in international markets. We’ll address questions such as: What is UPS’s role in the export process? What elements of the international shipping documentation and compliance process can UPS provide? How can UPS help with setting up E-commerce sites?
    International Due Diligence: How to Reduce Risk with New International Business Partners
    Monday, July 19, 12:00 PM
    Doing business with a new international partner involves some risk. In this webinar you’ll learn how to mitigate those risks. We’ll cover where to get reliable information, how to assess country-level risks for specific markets, and how to do your due diligence effectively. We can help your business go international with confidence and security.
    International Payment Methods
    Wednesday, July 28, 10:00 AM
    Importers and exporters need a working knowledge of International Payment Methods to successfully conduct business across international borders. In addition to the familiar prepayment and open account, an understanding of documentary payment terms is essential. This workshop will focus on documentary collections and commercial letters of credit but will include some best practices for prepaid and open account transactions, as well as the role of Incoterms in structuring international payments. Active Q & A is encouraged!
    As Illinois moves towards our new normal, the administration is outlining clear metrics and mitigations that will allow the state to continue with a gradual reopening. Learn more on the bridge to Phase 5 and expanded capacity limits in Phase 4.