Volume 11 | April 2021
Where Europeans & Americans Connect to do Business
April 2021 NEWSLETTER
A Message from the President
Alan Sutin, President EACC Florida
You can't travel internationally. In-person meetings are still complicated. But you need transatlantic business contacts & connections. Don't wait.
Join EACC Florida NOW !

EACC is a Connector
We open doors for our members across our chapter network on both sides of the Atlantic and we keep you informed on the relevant issues affecting your business.

Members of the EACC network enjoy:
 - Access to our network of high-level business executives & our unique referral service
 - Invitations to exclusive seminars & a direct exchange with transatlantic experts
 - Visibility for your organization & opportunities to showcase your thought-leadership
 - The ability to make a difference & actively engage in the Trans-Atlantic business dialogue
EACC FLORIDA EVENTS
EACC Florida CEO Luncheon
EACC Florida's first CEO Luncheon was hosted in March by Laurent Gallissot, Consul General of France at the Residence de France in Miami. The economic luncheon was attended by CEOs from the travel&hospitality, communications and renewable energy industries.

This event is part of our offers to our President's Circle Members and Friends.

Contact Christina Sleszynska, EACC Florida Executive Director at [email protected] for details on how to join.
The New Post-COVID Supply Chain Paradigm

Thursday, April 8, 2021

The coronavirus pandemic has impacted companies around the world and caused major supply chain disruption. Our experts will analyze the effects on demand patterns and supply chain management globally and which of the new routines are here to stay. Geopolitical realities also have their effect on global supply chains. Trade and tariffs have become a tool of a larger foreign policy context, and sale of, or access to critical components has become the focus of security concerns.

To shine a light on how we are moving from Stage 1: �structuring supply chains for cost efficiency� to Stage 2: �diversification due to trade war implications� to Stage 3: �resiliency given disruptions from pandemic (logistics, government intervention, shut-downs), panelists will discuss:

  • How diversified and/or dependent are the US and the EU supply chains, and what is critical for resilience?
  • What role is there for the transatlantic relationship? Are the US and the EU privileged partners or competitors?
  • How will we navigate through trade tensions to lower costs and increase profits and how will the shift from �Just in Time� production to �Just in Case� production tie in with existing and new to be negotiated trade agreements?
  • How to deal with Intellectual Property and concerns around dependencies regarding key industries (tech sector and healthcare sectors for example)?
  • Is a strategy of low-cost supplies and minimum inventories still viable in a (post) COVID-19 world
  • Will reshoring give us the guarantee of access to certain food and medical goods?
  • How to establish a business with increased flexibility, agility and resilience?

You will learn how to best prepare for future challenges and what crisis-management mechanisms to develop and how can companies mitigate future risk.

SPEAKERS:

  • Patricia Gomes, Head Global Trade and Receivables Finance North America, HSBC
  • Mark Ludwig, National Leader Trade Advisory Services, RSM
  • Rupert Schlegelmilch, Director DG Trade, EUROPEAN COMMISSION
  • Vijay V. Vaitheeswaran, US Business Editor, THE ECONOMIST [Moderator]

DATE/TIME
Thursday April 8, 2021
10:00am EST | 4:00pm CET
LOCATION
Your Computer or Connected Device
With Florida-Based Speaker!

The U.S. Trademark Modernization Act
?What Foreign Companies Need to Know

?Monday April 12, 2021

One of the primary goals of the TMA, which will be implemented by December 27, 2021, is to ensure the accuracy and reliability of the U.S. Trademark Registry by creating new tools and procedures for challenging applications and registrations with inaccurate claims of use. It has the potential to significantly impact trademark prosecution and registration in the U.S., particularly for foreign applicants/registrants who obtained a U.S. registration without having to establish use prior to registration.
This panel offers a unique opportunity to learn about the TMA from a variety of perspectives (USPTO and inside and outside counsel) and also to provide your comments and feedback to the USPTO on issues relating to its implementation.

Discussion points
  • What are the policy goals of the TMA and how will it impact trademark prosecution and enforcement in the U.S.? 
  • How will the new ex parte cancellation proceedings (both of which are aimed at removing unused marks from the register) impact foreign applicants/registrants? 
  • How does the TMA interact with other changes implemented by the USPTO to address concerns of fraud/non-use? 
  • What are the special considerations for foreign applicants/registrants seeking to register/maintain U.S. marks based upon foreign registrations (where proof of use is not initially required)
  • What other considerations should foreign applicants/registrants keep in mind in order to prepare for the implementation of the TMA?
Speakers
  • Amy Cotton, Deputy Commissioner for Trademark Examination Policy at the USPTO
  • Stephanie Espada, In-house Associate Counsel at Lincare
  • Laura Pitts, Counsel at Buchanan Ingersoll & Rooney PC

Program brought to you by EACC Paris
DATE/TIME
Monday April 12, 2021
10:00am EST | 4:00pm CET
LOCATION
Your Computer or Connected Device
Other Upcoming Events
April 7 - Are you sure your business is resilient for the risks of climate change? With former Commander in Chief of the Dutch Armed Forces Tom Middendorp (brought to you EACC Netherlands)

What You Missed
TRANSATLANTIC NEWS
EU & US Intensify Negotiations on Transatlantic Data Privacy Flows. The U.S. Government and the European Commission have decided to intensify negotiations on an enhanced EU-U.S. Privacy Shield framework to comply with the July 16, 2020 judgment of the Court of Justice of the European Union in the Schrems II case. Read more.

EU I New Regulation to Ensure EU Travelers Continue Benefiting from Free Roaming. EU roaming charges ended on 15 June 2017 allowing almost 170 million citizens to enjoy free-roaming prices and other benefits while travelling in the single market.The Commission proposed a new Regulation to ensure that citizens can continue to enjoy free roaming when travelling in the EU for another 10 years. Read more.

EU I Erasmus+: Over �28 Billion to Support Mobility and Learning for All, Across the EU and Beyond. One of the EU's greatest success stories, with a budget of �26.2 billion, (compared to �14.7 billion for 2014-2020), complemented with about �2.2 billion from EU's external instruments, the new and revamped Erasmus+ program will fund learning mobility and cross-border cooperation projects for 10 million Europeans of all ages and all backgrounds. It will support the green and digital transitions and the resilience of education and training systems in the face of the pandemic. Read more.

EU I Europe to Reinforce Global Connectivity Networks Through its Data Gateways. 27 European countries signed the Declaration on �European Data Gateways as a key element of the EU�s Digital Decade�, in which they committed to reinforce connectivity between Europe and its partners in Africa, Asia, the European Neighbourhood and Latin America. The focus will be on terrestrial and submarine cables, satellites and network links for increased and secure data exchange. Read more.

EU I European Commission Considering "Exceptions" to Artificial Intelligence Ban. The European Commission plans to unveil its AI rules on April 21. Justice Commissioner Didier Reynders hinted that the Commission is considering limiting the use of high-risk artificial intelligence applications, such as live facial recognition in public places � with exceptions.

EIB I 2020-2021 Climate Survey. Views on priorities for limiting climate change vary around the world. People in China (35%) and the United States (34%) believe technological improvements (e.g. innovation, digitalisation, development of renewable energy) are the most effective way to fight climate change. Meanwhile, 29% of Europeans named this option as the best way to tackle the climate crisis. Read more.
US I USTR Announces Next Steps of
Section 301 Digital Services Taxes Investigations. The United States Trade Representative (USTR) announced the next steps in its Section 301 investigations of Digital Service Taxes (DSTs) adopted or under consideration by ten U.S. trading partners. The DSTs adopted by Austria, India, Italy, Spain, Turkey, and the United Kingdom were subject to action under Section 301 because they discriminated against U.S. digital companies, were inconsistent with principles of international taxation, and burdened U.S. companies. Read more.

IMF - Confronting the Hazards of Rising Leverage. Leverage, the ability to borrow, can boost economic growth by allowing firms to invest in machinery to expand their scale of production, or by allowing people to purchase homes and cars or invest in education. The IMF has published an analysis explaining how to ensure that the fledgling recovery is not endangered, while at the same time avoiding an excessive buildup of leverage. Read more.

Chile and the Netherlands Sign a Double Taxation Agreement. The Agreement is the newest addition to Chile's extensive network of tax agreements in force with 33 countries. Its objective is to promote greater economic cooperation between Chile and the Netherlands by eliminating tax barriers and promoting investment between the two countries through measures aimed at avoiding international double taxation. Read more

Brazil: EIB and BRDE support SMEs impacted by COVID-19. The European Investment Bank (EIB) and Banco Regional de Desenvolvimento do Extremo Sul (BRDE) announced targeted finance for small and medium enterprises (SMEs) in the States of Rio Grande do Sul, Santa Catarina and Paran� in Brazil, facing the COVID-19 pandemic. Read more.

Dominican Republic: The EIB and ADOPEM increase microfinance support for COVID-19 impacted companies. The European Investment Bank (EIB) and Banco de Ahorro y Cr�dito ADOPEM have signed a loan in Dominican pesos worth EUR 7 million (approx. DOP 480 million) to support micro-entrepreneurs. The loan will help to address the working capital and investment needs of businesses affected by the COVID-19 breakout in the Dominican Republic, targeting women and very low-income borrowers in the country. Read more.
EACC Florida
MEMBERS and PARTNERS INSIGHTS
Climate Change. Real Estate Impact. At its core, climate change is a real estate issue. While potential responses implicate other fields of expertise, and potential solutions or stopgaps might be found in the insurance industry, the energy sector, or even nanotechnology, climate change will have a direct impact on real estate. This paper will address some of the means by which property owners, developers, governmental authorities, and others intend to tackle the perceived effect of climate change. Read the White Paper here.

Compliments Cozen O'Connor

A Global Guide to Indirect Taxes. Get the answers to essential tax questions to help better manage cross-border operations with this global overview of indirect taxes � VAT, GST and Sales Tax � which are relevant to virtually every business that sells goods and services globally, including North America and EMEA. The guide also provides answers to eight essential indirect tax questions for 12 spotlight countries (incl. USA, Mexico, UK, Netherlands, France, Italy, Poland). Read more in English and in Spanish.

Compliments TMF Group

UK Listing Review Recommends Significant Changes to UK Listing Rules, Including for SPACs, Dual Class Share Structures and Free Float Thresholds. Last March, the UK Government published the results of the UK Listing Review, a wide-ranging analysis of the state of the UK�s public markets carried out by Lord Hill following market consultation. The UK Listing Review proposes a broad set of ambitious recommendations designed to maintain London�s competitiveness among the world�s pre-eminent stock exchanges. Read more.
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Compliments Greenberg Traurig

Brexit Trade Frictions. Non-Tariff Barriers May Push Up UK Consumer Prices by 1%. The post-Brexit UK-EU trade deal took effect at the end of 2020 but the new trading relationship has not proved smooth. Businesses on both sides face new customs requirements and controls that have led to border delays or even halted trade completely. Are these teething troubles - or the new normal for UK-EU trading relations? Read more.

Compliments HSBC

Energy Storage Systems: Tools and Information Operators Need to Manage This New Asset Class. This is the second article in a two-part discussion covering insights gathered from operators about the kinds of monitoring and decision-support tools they are looking for in managing the long-term performance of energy storage systems. Read more.

Compliments Origis Energy
YOUNG VOICES FROM THE FUTURE
Every month, the EACC Florida Newsletter features a young person - a student, an artist, an entrepreneur - whose identity, vision or project illustrates the vibrancy of Florida's transatlantic community. If you would like to suggest someone, please contact us HERE. And if you missed one of our Young Voices from the Future, you can find them HERE.
Nicolaj Holm
Danish-African-American-Caribbean Teen

?Growing up in a museum"
Nicolaj is 15. His father is half Caribbean-half Danish, born and raised on a small island in Denmark � Faborg Fyn. His mother was born in North Carolina and raised in New York City. Nicolaj�s parents met in Hong-Kong and he was born in Marbella (Spain). After a few years in Copenhagen (DK), he moved to Charlotte (NC) with his mother to be close to her family for a few years before moving to Miami in 2018. He is fluent in English and Danish and returns to Denmark every year to visit his father and the Danish side of the family.
Nicolaj is in 9th grade at Miami Beach Senior High School and is a golfer. He started in Charlotte's First Tee and is now in the Miami First Tee Program. He feels very comfortable in Miami�s diverse environment.

Nicolaj has many interests which include online gaming, youth, community, traveling, and the environment. His mother used to work in the non-profits arts sector and literally had him photographed with all kinds of artists and civil rights leaders. Nicolaj is a creative kid and is very aware of his mixed cultural heritage which he considers a true asset. He would like to become a digital video and film producer and also wants to create a multi-cultural e-sports startup as his future business.
NEW MEMBER SPOTLIGHT
Welcome to Barton & Guestier
Founded in Bordeaux in 1725 by the Irishman Thomas Barton, Barton & Guestier is the oldest wine house in Bordeaux and has developed a premium brand strategy based on AOC and varietal wines from the main French wine growing regions: Bordeaux, Loire, Burgundy, Beaujolais, Rh�ne Valley, Languedoc, Provence and Gascony. With almost three centuries of experience, the brand�s expertise guarantees constant quality and style, and reassures consumers in an increasingly complicated market. Innovative and informative packaging as well as modern communication tools, make Barton & Guestier wines accessible for wine lovers in over 130 countries. In the USA, B&G was the first imported wine brand and was recommended by Thomas Jefferson himself.

Welcome to Valfinanzas
Valfinanzas is a well-known Colombian investment banking boutique with operations in Bogot� and Miami. The firm has more than 23 years of professional experience in three main activities: mergers and acquisitions, damage evaluation and financial advisory. Since its conception up until 2020, Valfinanzas participated in more than 180 investment bank mandates and was involved in transactions for 8.7 Billion USD. For 17 years, Valfinanzas has been a successful financial advisor in more than 35 litigation and arbitration proceedings for top Colombian and international players, providing several financial and damage evaluation reports. The successful history of Valfinanzas led it to obtain the Leaders League recognition in 2020, as one of the leading firms in financial and economic valuation to support conflict resolution in Colombia.
Information at: www.valfinanzas.com
THE EACC NETWORK
EACC New Jersey | EACC Carolinas | EACC Brussels | EACC Florida

Together with its sister chapters, EACC Florida is part of a growing and highly dynamic transatlantic network reaching over 10,000 executives in the US and across Europe. With over 750 members, the EACC is a valuable resource for any size business. If you would like to get involved, let us know. 
EACC Florida Founding Members