Where Europeans & Americans Connect to do Business |
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A Message from the President |
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New Speakers Added!
Sustainability in Transportation
Bridging the Transatlantic Gap
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The U.S. Administration unveiled on 10 January 2023 the National Blueprint for Transportation Decarbonization, a “landmark interagency framework of strategies and actions to remove all emissions from the transportation sector by 2050”. This blueprint proposes a multimodal approach and lays out three key strategies to achieve decarbonization: increase convenience; improve efficiency; and transition to clean options. Building and relying on the historic investments and funding from the Bipartisan Infrastructure Law and the Inflation Reduction Act (IRA), the blueprint sets ambitious but achievable targets and actions across all modes of transport for 2030, 2040 and 2050.
As a major enabler of this strategy, the IRA is perceived around the world as a crucial step in the global decarbonization efforts, with massive opportunities for clean energy production and manufacturing in the United States.
Please join Former Secretary of Transportation in the George Bush Administration Samuel K. Skinner and First Counselor on Mobility and Transport at the EU Delegation in Washington DC, Gzim Ocakoglu, for a high-level discussion on what type of policies are being implemented on both sides of the Atlantic to decarbonize transportation, how they will play out in maritime and air transportation, what the business case is for decarbonization, what opportunities exist for companies active in the areas of clean energy production and manufacturing, and more.
Speakers
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David Canard-Volland, Vice-President Supply Chain Management, in tandem with Emmanuel Desbats, National Sales Development Manager - CLASQUIN
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Gzim Ocakoglu, First Counselor on Mobility and Transport, EU Delegation in Washington DC
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Samuel K. Skinner, Former Secretary of Transportation and Chief of Staff to President George H.W. Bush, Off Counsel - Greenberg Traurig
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Dr. Galen Treuer, PhD, Climate Tech & Economic Innovation - Miami Dade County I Office of Economic Development [Moderator]
Topics for discussion
- What is the place of the IRA in the U.S. National Blueprint for Transportation Decarbonization and how will it benefit the decarbonization efforts of companies in the United States?
- What similar policies for transportation decarbonization are being implemented in the EU?
- What are the opportunities for cooperation between the EU and the U.S. in these areas?
- What is the business case for decarbonization of transportation right now and how does it work in practice?
- What are the opportunities for European companies already established in the US/Florida and/or considering expanding operations to the US/Florida?
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Date: Monday March 13, 2023
Time: 4.00 PM - 6.30 PM
Location: Greenberg Traurig - Miami
Registration Fee
- EACC Member: Free
- Guest with Promo Code: Free
- EACC Non-Member: $30
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Business in Flux
Perspectives from a Panel of C-Suite Women
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“It looks less bad than expected. But less bad does not mean good.” |
This statement borrowed from the 2023 Economic World Forum in Davos is a perfect illustration of the exchanges between Arancha Gonzalez-Laya, former Minister of Foreign Affairs of Spain and Dean of the School of International Affairs at Sciences Po in Paris and co-panelists Carol Cabezas, President of Azamara Cruise Lines; Nadine Heubel, Senior Managing Director of Travel Retail North America & Global Wholesale at Newmark; and Monica Vazquez, Executive Vice President & General Manager of Abanca USA.
What are the economic perspectives for 2023? Will there be a recession? How are consumers reacting to the current inflationary trends, geopolitical tensions and events such as the recent earthquakes in Turkey?
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How does one lead a global company in today’s uncertain economic and geopolitical circumstances? Do women leaders have different perspectives on these topics?
These were some of the issues discussed by a panel of C-Suite women moderated by GT Shareholder Daniella Silberstein at our program, Business in Flux – Perspectives from a Transatlantic Panel of C-Suite Women with an attentive and engaged audience both in person and online. The event was held on February 21 in Greenberg Traurig’s Miami office.
A recording of the event will be made available soon.
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Industry Roundtable
EU Justice Commissioner Didier Reynders
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An Industry Roundtable with EU Justice Commissioner Didier Reynders was held in Miami on Thursday February 23 in the offices of Greenberg Traurig.
The event was hosted by the Consulate General of Ireland in Miami as part of the "50 Years in the EU" Celebrations and organized in cooperation with EACC Florida and the Greater Miami Chamber of Commerce. It was chaired by CG of Ireland Sarah Kavanagh and moderated by Matt Haggman from the Beacon Council.
It is the first time that such a high-ranking EU official is in Miami on an official visit.
Commissioner Reynders is currently leading the European Commission’s proposal for new laws on corporate sustainability due diligence which he discussed during the event. The new rules will ensure that businesses address adverse impacts of their actions, including in their value chains inside and outside Europe. During the Round Table, he also addressed the EU’s regulatory developments related to consumer protection, AI, data flows as well as the EU’s priorities in relation to the war in Ukraine.
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The Roundtable was well attended by represen-tatives of Florida-based companies from several industries and by the European consular corps. It provided a rare opportunity to engage with one of the EU’s most important policy makers, and a senior political figure in Europe, who has served in a range of roles in the Belgian government including Deputy Prime Minister, Minister of Finance and Foreign Minister.
While in Miami, the Commissioner also used the opportunity to brief representatives of the European Consular Corps on the EU’s priorities in relation to the war in Ukraine and to speak to an audience of engaged students at an event hosted by the University of Miami School of Law.
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EACC Florida Presents to Innovation Delegation from Poland |
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On February 14, EACC Florida was pleased to be offered the opportunity to discuss how to do business in Florida in general and Miami in particular with a group of start-ups from Poland led by the Polish Investment and Trade Agency (PAIH). Many thanks to the Miami Dade Beacon Council for inviting us to present to this group.
Florida seems to be very popular with Polish companies these days ... so watch this space !
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EU I Winter 2023 Economic Forecast: EU Economy Set to Avoid Recession, but Headwinds Persist. This Winter interim Forecast lifts the outlook for growth and slightly lowers the inflation projections. Growth for 2022 is now estimated at 3.5% in both the EU and the euro area. GDP is projected to expand by 0.8% in 2023 and 1.6% in 2024 (0.9% and 1.5% in the euro area). Headline inflation is forecast to fall from 9.2% in 2022 to 6.4% in 2023 and 2.8% in 2024 in the EU. In the euro area, it is projected to decelerate from 8.4% in 2022 to 5.6% in 2023 and to 2.5% in 2024. Read more.
EU I The Green Deal Industrial Plan. The plan enhances the competitiveness of Europe's net-zero industry and support the fast transition to climate neutrality. It aims to provide a more supportive environment for the scaling up of the EU's manufacturing capacity for the net-zero technologies and products required to meet Europe's ambitious climate targets. Read more.
EU - 10th Package of Sanctions against Russia. The package contains new listings plus trade and financial sanctions, including further export bans worth more than €11 billion, depriving the Russian economy of critical tech and industrial goods. It also steps up enforcement and anti-circumvention measures, including a new reporting obligation on Russian Central Bank assets. Read more.
EU I European Green Deal: Zero Emission Targets Proposed for Buses and Trucks. These include 2030 zero-emissions target for new city buses and 90% emissions reductions for new trucks by 2040. Read more.
EU I EU Commission Sets out Rules for Renewable Hydrogen. The Commission has proposed new rules to define what constitutes renewable hydrogen in the EU as part of a broad EU regulatory framework for hydrogen which includes energy infrastructure investments and state aid rules, and legislative targets for renewable hydrogen for the industry and transport sectors. Read more.
EU-UK I Brexit - Protocol on Ireland/N. Ireland Explained. Read more.
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EU Welcomes Japan’s Decision to Strengthen Sanctions against Russia. Japan is strengthening its export controls on sensitive technologies as part of an unprecedented, coordinated global effort to ensure the effectiveness of sanctions against Russia. Read more.
EU-LatAM I Costa Rica Removes Discriminatory Tax on Beer Imported from the EU. Costa Rica has removed a 10% tax on imported beers which had been discriminating against EU beers. With the removal of this tax, EU beers will now have equal access to the Costa Rican market, and benefit from growing EU beer exports to this Central American country. Read more.
EU - Caribbean I EIB and European Commission Sign Agreement to Boost Private Sector Investments in African, Caribbean and Pacific Countries. The agreement will mobilize up to €3.5 billion in lending and €500 million Trust Fund contribution, to support businesses in African, Caribbean and Pacific (ACP) countries until 2027. Read more.
FTC I Keep your AI claims in check. And what exactly is “artificial intelligence” anyway? It’s an ambiguous term with many possible definitions. It often refers to a variety of technological tools and techniques that use computation to perform tasks such as predictions, decisions, or recommendations. But one thing is for sure: it’s a marketing term. Right now it’s a hot one. And at the FTC, one thing we know about hot marketing terms is that some advertisers won’t be able to stop themselves from overusing and abusing them. Read more.
IMF I Charting Globalization’s Turn to Slowbalization After Global Financial Crisis. Trade openness increased after the Second World War, but has slowed following the global financial crisis. Those trends are coming into sharper focus this year as policymakers work to understand and address the prospect of geoeconomic fragmentation, which threatens to und-o the integration that has improved the lives and livelihoods of billions of people. Read more.
IMF | The Unfinished Business of International Business Tax Reform. Following a decade of debate, 138 countries recently agreed to the first major overhaul of the international tax system in a century. This paper assesses the reform and finds that it is a major step in the right direction. Read more.
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EACC Florida
MEMBER and PARTNER INSIGHTS
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Sports Betting Raises Legal Concerns for Employers. Read about the legal challenges employers face with office betting pools and the legalization of sports gambling. With sports gambling legal in majority of the states there is a potential loss of productivity from employees. Read more.
Does a Shipper Have a Duty to Procure Insurance when Shipping Artwork? An important question for subrogation that arises when artwork is shipped and damaged or lost is: “Did the shipper have a duty to procure insurance?” Find out here.
NFTs & Copyright Issues in the EU and U.S. [EACCNY]. Article on the different copyright issues facing NFTs. The first issue is that artists must decide what rights they want to give to the purchasers of the NFT. Another issue is that “minters” need to ensure they hold the proper authorization or the necessary IP rights to mint NFTs linked to preexisting and protected works. If they do not, artists and brands may need to take action against NFT counterfeits. Read more.
Compliments Cozen O'Connor
G7 Sanctions Enforcement Coordination Mechanism and Centralized EU Sanctions Watchdog Proposed. The Netherlands has proposed a novel watchdog to tackle circumvention of EU economic sanctions. Adoption would likely encourage greater implementation of EU restrictive measures and ensure stricter punishment for circumvention of economic sanctions. Read more.
Quebec Has New Privacy Requirements Already in Place, With More on the Way in 2023. In September 2021, Quebec’s Parliament enacted Law 25 (formerly Bill 64) (the “Law”), which updated Quebec’s data protection laws and added requirements for enterprises that do business within the province. Read more.
Portugal Announces Upcoming Suspension of Golden Visa Program. On Feb. 16, 2023, the Portuguese Prime Minister announced a set of measures to alleviate the housing problem in Portugal. These measures in part impact and call for termination of the Portuguese immigrant investor program known as Golden Visa. This announcement will significantly impact many interested in the program and those that have already submitted applications. Read more.
Compliment Greenberg Traurig
Electronic messaging creating compliance challenges for investment firms. In an industry, such as financial services, that is continually impacted by the fast-paced evolution of technology, staying abreast of regulatory requirements related to these changes is an ongoing challenge. One such example is the industry-wide concern tied to the continuous evolution of electronic communications channels. Read more.
Does your R&D project qualify for the federal research tax credit? Designed to reward companies in a wide range of industries for increasing investments in research and development, the R&D tax credit may potentially be used by any company that is developing new or improved products, software or manufacturing processes. Read more.
Compliments Kaufman Rossin
Global Snapshot - Hot Employment Topics for 2023. The “at a glance” table shows how restructuring and redundancies are a common theme, certainly in European jurisdictions, where the cost-of-living crisis is being most keenly felt. A number of global companies have already publicly announced they will be making significant cuts to their workforces during 2023, and queries concerning employers’ obligations when making redundancies/restructuring their workforces is on the increase. Read more.
Compliments Squire Patton Boggs
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Pernod Ricard Joins as Corporate Member! |
EACC Florida is delighted to welcome Pernod Ricard as a new Corporate Member and looks forward to engaging with its Florida-based teams moving forward.
In their own words:
Pernod Ricard is the No.2 worldwide producer of wines and spirits with consolidated sales amounting to €10,701 million in fiscal year FY22. The Group, which owns 17 of the Top 100 Spirits Brands, holds one of the most prestigious and comprehensive portfolios in the industry with over 240 premium brands distributed across more than 160 markets. Pernod Ricard’s portfolio includes Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Beefeater gin, Malibu liqueur or Mumm and Perrier-Jouët champagnes. The Group’s mission is to unlock the magic of human connections by bringing “Good Times from a Good Place”, in line with its Sustainability and Responsibility roadmap. Pernod Ricard’s decentralised organisation empowers its 19,480 employees to be on-the-ground ambassadors of its purposeful and inclusive culture of conviviality, bringing people together in meaningful, sustainable and responsible ways to create value over the long term. Executing its strategic plan, Transform & Accelerate, Pernod Ricard now relies on its “Conviviality Platform”, a new growth model based on data and artificial intelligence to meet the ever-changing demand of consumers. Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.
More here: https://www.pernod-ricard.com/en
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Recommend EACC Florida to a Client or Business Partner |
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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
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TRAVELLING?
Meet the EACC Network
Our Members are Part of Something Bigger
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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.
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Founding Members / President's Circle / Platinum |
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