Chile Emerges as Growing Market - Trade Mission Seeks New Business

Returning from a whirlwind trade mission to Chile, a leading trade partner for Florida, Broward County Mayor Josephus Eggelletion, Jr., said that the Latin America's economic upswing is evident and should positively impact international trade through Port Everglades.

"Florida International Terminals (F.I.T.) has fueled Chilean commerce moving through Port Everglades since the marine terminal operator began operating in the seaport in 2005," Eggelletion says.  "F.I.T.'s growth is largely due to CSAV's (Compañía Sudamericana de Vapores) commitment to expand services in South Florida."

In five days, the Mayor's delegation met with 38 key Chilean executives representing all of the leading governmental, transportation and industry sectors in the South American country.  The delegation included Port Everglades Director Phillip Allen, Norm Taylor, Director of the Broward County Office of Economic Development, and Carlos Buqueras, Director of Port Everglades Business Development.

Representing combined annual revenues in the multi-billion-dollar range, the companies that the delegation visited included Chile's leading shipping carriers CSAV and CCNI (Compania de Navegacion Interoceanica S.A.); the Chilean office of shipping line Hamburg Süd; Lan Chile, the country's official airline; FEDEFRUTA, Chile's Produce Growers Association; AMCHAM Chile (American Chamber of Commerce in Chile); and, ASOEX (Asociación de Exportadores de Chile A.G.), which is the country's exporter association.

"Our goal simply was to foster new business and strengthen existing ties with this major agricultural producing and exporting country in South America," says Port Everglades Director Phillip C. Allen, who presented the Port's current master plan project to executives at CSAV, CCNI and Hamburg Süd.

Chile is Florida's eighth largest trading partner and the ninth largest import country at Port Everglades. Regionally, Chile and South Florida exchanged $2.4 billion in goods during 2006, an increase of 20 percent from the prior year.  Approximately half of that trade was in consumer goods exported to Chile as a result of the recent economic upswing in the Latin American region.  


Norman Taylor, Director of the Office of Economic Development, added: "This mission provided the basis for connecting our growing cargo business to opportunities for foreign direct investment. Our contacts in Chile have been established and must be developed. There will be more business missions such as this one to accomplish the County's strategic objectives with Chile.  Broward County is fortunate to have an aggressive international trade policy and a Board of County Commissioners that supports these endeavors."

Port Everglades, ranked the 11th leading container seaport in the United States according to the most recent PIERS import/export database reports, is a world-class cargo handling facility that serves as an ideal point of entry for products shipped to and from Central America, the Caribbean, South America, Europe and the Far East.  The Port has direct access to the interstate highway system, is within two miles of the FEC rail hub and is just one mile from the Atlantic Shipping Lanes. Ongoing capital improvements and expansion ensure that Port Everglades will have the ability to handle the Port's growing container traffic.
More information about Broward County's Port Everglades is available on the Internet at http://www.broward.org/port or by calling 954-523-3404.

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Cutline:  Broward County delegates recently met with CSAV executives at their headquarters in Valparaíso, Chile.  Pictured, from left, are: Felipe Rioja, SAAM Gerente de Negocios Internacionales; Carlos Buqueras, Director of Business Development for Port Everglades; Phillip C. Allen, Port Everglades Director; Fernando Valenzuela, CSAV Sr. Vice President of Terminals and Logistics; Broward County Mayor Josephus Eggelletion, Jr.; A. Ted Muller, CSAV Vice President of Operations, North America; Victor Oelckers Pumpin, CSAV Operations & Intermodal Manager; Norman Taylor, Director of the Broward County Office of Economic Development; and, Alberto Rawlins B., SAAM International Business Development Manager.