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Blog Entries from May 10, 2013

Rapiscan Hopes to Facilitate Trade and Enhance Security in Latin America

Peter Kant, President, Rapiscan Americas

Guest post by Peter Kant, President, Rapiscan Americas

ED Note: Rapiscan Systems is the largest US manufacturer and supplier of security inspection systems and services.  Rapiscan specializes in airport, cargo and major event security systems and provides high-technology security scanners and scanning operational services.

Rapiscan is honored and excited to join Acting U.S. Secretary of Commerce Rebecca Blank on the infrastructure trade mission to Brazil, Panama and Colombia next week. Having participated in trade missions in the past, we have always found these opportunities to be extremely beneficial and, given the mission’s focus on infrastructure, I’m sure this one will prove to be no different.

Rapiscan is focused on expanding our efforts extensively in the Latin American market. Brazil’s economy is growing at a rate second to only China, providing ample opportunities for partnerships and trade with U.S. companies. Given the numerous events Brazil will be hosting over the coming years–including the 2014 World Cup and 2016 Olympics–security is a concern, something we hope to discuss next week. Rapiscan will actually have the opportunity to secure some of the stadiums in Brazil that will be used for the FIFA Confederations Cup next month – the same stadiums that will later be used for the World Cup.

Latin America Presents Growing Opportunities for American Companies

Upcoming trade mission to promote U.S. exports and job creation

Guest blog post by Acting Secretary of Commerce Rebecca Blank

With 95 percent of the world’s consumers living outside U.S. borders, helping U.S. companies find partnerships and customers in fast-growing markets is crucial to creating a strong and vibrant economy built on good middle class jobs.

As a part of our overall goal to increase American exports, next week, 20 U.S.-based companies will join me on an infrastructure-focused trade mission to Sao Paulo, Brazil; Bogota, Colombia; and Panama City, Panama.  Each of the governments of these fast-growing countries have ambitious infrastructure expansion and improvement plans for the years ahead. 

This trade mission will allow U.S. companies to highlight their cutting-edge technologies and world-class engineering services. The trade mission will also allow them to make the personal connections they need to expand their businesses and it will build on President Obama’s National Export Initiative, a government-wide strategy to promote American exports and create 2 million export-supported jobs by the end of 2014. Last year, U.S. exports hit another all-time record, reaching $2.2 trillion.  Between 2009 and 2012, exports have supported 1.3 million additional jobs.