Volume 40 | December 2023

Where Europeans & Americans Connect to do Business

NEWSLETTER

December 2023

Wishing EACC Florida Members & Friends Warm Season's Greetings!

UPCOMING EVENTS

By Invitation Only

Industry Briefing

Kristian Hedberg. Minister Counsellor for Transportation & Mobility at EUDEL


December 7, 2023 I 4.15 p.m. - 5.30 p.m. I Cozen O'Connor

EACC Florida is organizing an Invitation-Only Industry Briefing with Kristian Hedberg, Minister Counsellor, Mobility & Transport at the EU Delegation in Washington DC.

 

Kristian Hedberg, who will be on official visit to Miami in December as part of a large official delegation, will update our guests on the EU’s transportation and mobility agenda with a focus on innovation and sustainability including areas of coordination with the United States.

 

Kristian Hedberg joined the EU Delegation in Washington DC in September 2023. This is his first official visit to S. Florida.


For details on how to receive an invitation, please contact Christina Sleszynska at csleszynska@eaccfl.com


Program hosted by

By Invitation Only

Networking Event

Meet .AGORIA & 50 Tech Companies from Belgium


December 13, 2023 I 6.00PM to 8.00PM I Greenberg Traurig

In December 2023, Prime Minister of Belgium Alexander de Croo is leading a business mission to Atlanta and Miami titled: The Future of Digital: Unlocking the Web3 route from Atlanta to Miami. The mission is organized by AGORIA, the Tech Federation of Belgium, and will be in Miami on December 13-15.


The aim of the Future of Digital Mission is to discover two of the most important emerging tech hubs, Atlanta and Miami, and their exciting digital innovators to find out all about the next evolution of the internet and its related digital technologies that will disrupt our businesses in the years to come.

 

Join AGORIA, the Belgian Tech Federation, EACC Florida on Wednesday December 13 in welcoming Belgian business leaders, decision makers (C-level) and tech entrepreneurs from fifty tech companies visiting Miami as part of this mission.

 

The event will be graced by the presence of H.E. Michel Gerebtzoff, Consul General of Belgium

 

If you are an EACC Member and have not received an invitation, contact Christina Sleszynska, Executive Director EACC Florida at csleszynska@eaccfl.com

By Invitation Only

Introduction to

South Florida’s Tech Ecosystem

December 13, 2023 I 4.15 PM to 6.00PM I Greenberg Traurig Miami

In December 2023, Prime Minister of Belgium Alexander de Croo is leading a business mission to Atlanta and Miami titled: The Future of Digital: Unlocking the Web3 route from Atlanta to Miami. The mission is organized by AGORIA, the Tech Federation of Belgium, and will be in Miami on December 13-15.


As part of the Miami program, EACC Florida is organizing a panel discussion as an introduction to South Florida’s tech ecosystem. Our invited panelists each have played essential roles in the development of the Miami tech ecosystem, which in recent years has been the fastest growing technology hub in the United States.


We are honored that H.E. Michel Gerebtzoff, Consul General of Belgium, will be in attendance and offer a few words at the start of the program.


PANELISTS

  • Leigh-Ann Buchanan, President – Miami Dade Innovation Authority
  • Jaret Davis, Senior Vice-President & Co-Managing Shareholder – Greenberg Traurig
  • Melissa Medina, CEO & President – eMerge Americas
  • Ivan Rapin-Smith, Managing Director – Watsco Ventures
  • Alan Sutin, Chair Technology, Media & Telecommunications Practice and Senior Chair Global Intellectual Property & Technology Practice – Greenberg Traurig, and President – EACC Florida [Moderator]


This program is restricted to the Belgian delegates, EACC Florida Members and other invited guests.


The program and reception are hosted by

MEMBER & PARTNER EVENTS

December 15, 2023

12.00PM - 2.00PM

AI Center, Miami Dade College


Hosted by

AGORIA @ Miami Dade College


Join AGORIA and the Belgian Tech Delegation at Miami Dade College's new AI Center for a session on "WatsonX.ai and Hugging Face: a Fruitful Partnership? and the link between Quantum Computing and Web3. This program is organized by IBM.


See here the full program of the Belgian Tech delegation in Miami.

Find out about additional Partner Events HERE

Past Events & Activities

Polish Ambassador to the US Announces Bilateral Developments between Florida and Poland


On November 14, EACC Florida President Alan Sutin and Executive Director Christina Sleszynska were pleased to attend a reception with His Excellency Marek Magierowski, Ambassador of Poland to the United States.


This was neither his first nor his last official visit to Miami as one of his stated objectives is to place Florida firmly into the growing trade and economic relationship between Poland and the United States.


We wish him success in this endeavor and stand ready to play our part by welcoming and supporting any Polish company interested in expanding operations to the Americas via Florida (and the other way round).


Many thanks to the Miami Dade County International Trade Consortium and World Affairs Council of Miami for adding EACC Florida to their guest list.

TRANSATLANTIC NEWS

EU I Value of EU Trade Surpasses EUR 2 Trillion. The value of EU trade through free trade agreements with global partners surpassed €2 trillion for the first time in 2022. The EU has the largest network of trade agreements in the world, with a total of 74 countries, accounting for 44% of all EU trade. Read more.


EU I Autumn 2023 Economic Forecast: Modest Recovery Ahead after a Challenging Year. Following a robust post-pandemic expansion in 2021 and 2022, the EU economy has lost momentum. Real GDP contracted very mildly in the fourth quarter of 2022 and barely grew in the first three quarters of this year. A high cost of living took a heavier toll than expected. On the external side, global trade provided little support. Meanwhile, the response of monetary policy to high inflation is working its way through the economy, and fiscal support is partly being phased out. Read more.


EU I Commission Proposes 166 Cross-Border Energy Projects for EU Support to Help Deliver the European Green Deal. These cross-border infrastructure projects will help the EU reach its ambitious energy and climate goals, will benefit from streamlined permitting and regulatory procedures and become eligible for EU financial support. Read more.


EU I European Commission Keen on Accelerating Roll-Out of Electricity Grids. Following EU legislation already proposed, new initiatives are being proposed to make sure the EU's electricity grids will operate more efficiently and rolled out further and faster. Read more.


EU I Support to Clean and Modern Shipping in the EU. The proposed revised directives have to achieve a careful balance between, on the one hand, the need to ensure a high standard of shipping and, on the other, the need to safeguard the competitiveness of the European shipping sector, while also maintaining reasonable costs for operators and member states' administrations. Read more.


 

CAN I Joint Statement from the EU-Canada Summit 2023. Read here.


US I International Trade Administration and Norwegian Ministry of Trade, Industry, and Fisheries Launch Comprehensive Dialogue for Commerce and Sustainability. The new bilateral dialogue aims to facilitate increased engagement between the International Trade Administration and the Norwegian Ministry of Trade, Industry, and Fisheries to deepen trade and investment cooperation in industries supporting our countries’ green transitions. Read more.


EU - CELAC I EU to Support Barbados in Upgrading Climate Resilient Infrastructure for Clean Water. The EU has announced announced its intention to support the upgrading of Barbados' climate-resilient infrastructure for clean water, in line with the Global Gateway investment agenda presented at the EU-CELAC Summit in July. Read more.


EU-Chile I Decisions for a Modernised Association Agreement. The new agreement will strengthen EU-Chile political and economic relations and deepen cooperation and trade. It will help to jointly address new global challenges such as the repercussions of the Russian invasion of Ukraine, including global inflation, supply chain disruptions and the energy crisis. Read more.


OECD I Effective Carbon Rates 2023. The report presents data on taxes and tradeable permits for carbon emissions in 72 countries accounting for around 80% of global emissions, and finds that road tax rates decreased in real terms over 2021-23. Read more.

Thought Leadership
MEMBER and PARTNER INSIGHTS

Cultivating Sustainability: European Commission Greenlights Italy’s EUR 1.7 Billion Agrivoltaic Initiative. The initiative aligns with Italy’s overarching strategy to curtail greenhouse gas emissions and increase the utilization of renewable energies, consistent with the European Union’s strategic goals outlined in the European Green Deal. The funds, in part, originate from the Recovery and Resilience Facility (RRF). Read more.


AI: Breaking Down President Biden’s First-of-Its-Kind Executive Order. In October, President Biden issued a broad executive order designed to manage risks associated with AI. This is a mammoth order, touching nearly every industry and instructing entities (departments, agencies, etc.) across the government to take a range of action. This GT Advisory breaks down how the EO may affect various businesses, including some directives for proposed regulations, some actions agencies and departments must undertake, and key takeaways. Read more.


Compliments Greenberg Traurig


IRS Proposes Helpful Rules for Energy Tax Credits. The proposed rules would affect the conditions for claiming energy credits, the amount of energy credits that may be claimed, the conditions under which those energy credits may be recaptured, and the persons liable for recaptured credits. Read more.


H-1B Worker Domestic Visa Renewal Pilot Program. The State Department (DOS) recently announced a new pilot program for H-1B visa holders, allowing them to renew their H-1B visa stamps while remaining in the United States. Currently, H-1B visa holders must apply at a U.S. consulate or embassy abroad to renew their visa stamps. Foreign nationals often have to plan work and travel schedules around their scheduled consular visits. Read more.


Compliments Cozen O'Connor


Digital shift of wealth management services to transform the industry. With the increasing popularity of online wealth services, more questions have come up regarding regulations for companies handling billions of dollars in assets digitally. Read more.


Compliments Kaufman Rossin


Inflation is cooling, but key costs pose a challenge for food and beverage companies. As inflation continues to ease, pressure on manufacturers from retailers and consumers to reduce prices will intensify, limiting opportunities for food and beverage companies to recover profitability lost during the recent sustained periods of high inflation. This pricing pressure, coupled with stubborn input costs, will challenge profit margins and inhibit growth for middle market businesses attempting to offset thinner profit margins by driving sale volume. Read more.


Compliments RSMUS

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