FCIB Stresses Value of Education, Partnerships and Networking among Exporters as World Trade Month Comes to a Close

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World Trade Month illustrates the value of gathering novice exporters with experts and the government agencies that support them, and efforts to bring these parties together continue throughout the year, according to the Finance, Credit and International Business Association (FCIB).

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"Investing in an employee's education can yield enormous benefits for companies that are already exporting, helping them to identify new opportunities and more efficient ways of doing business that ultimately result in greater profits."

The Finance, Credit and International Business Association (FCIB) congratulated the Obama Administration and specifically the US Commerce Department on a successful World Trade Month 2014, celebrated throughout May with numerous events hosted by federal and local governments, organizations and businesses nationwide. As May comes to a close FCIB also urged businesses that already export, and those considering exporting, to continue to take advantage of the resources highlighted during the events and others that will allow them to build their company's export IQ throughout the year.

"One company's decision to begin working toward a successful, lucrative exporting venture can often start with just one conversation. That's what the events during this May's World Trade Month and the ones offered throughout the year by FCIB are all about," said FCIB Director for the Americas Marta Chacon, CICP. "Companies that are considering making the leap into markets outside the United States, which contain 95% of the world's consumers, should put their employees in a position to get into conversations with exporters, officials and market experts so that they can minimize their risks and maximize their return when they start selling abroad," she said. "Similarly, investing in an employee's education can yield enormous benefits for companies that are already exporting, helping them to identify new opportunities and more efficient ways of doing business that ultimately result in greater profits."

As recipients of the E-Star in 1982 and Award of Appreciation in 2007 for its contributions to the release of the International Trade Administration’s Trade Finance Guide and the release of the inaugural Spanish version of the Trade Finance Guide, FCIB has been dedicated to supporting US companies' exporting at all levels for almost a century, and its supporting role in US exporting continues to grow. Most recently during a World Trade Month forum held at the Atlantic Media Headquarters, Commerce Secretary Penny Pritzker mentioned the cross-marketing partnership between FCIB and the US Export-Import Bank, which allows the Bank to reach more than 1,000 loan officers and their customers, as an example of the Obama Administration's commitment to increasing US exports and a model for future efforts to that end.

"FCIB was founded on the belief in education, networking and collaboration as means to export success," Chacon added. "The Association's continued growth and increasing connection to federal efforts to expand US exports only further illustrates the validity of those values."

During World Trade Month this year, from May 11-13, FCIB also hosted its annual International Credit and Risk Management (ICRM) Summit in Munich. The conference offered educational sessions to dozens of financial professionals from across the globe who gathered to exchange information in the same spirit of collaboration that's led to FCIB's partnerships with the US Commerce Department and other agencies. "I think between every one of us in this room, we probably have a couple of thousand years of experience and we're still learning. That's why we're all here at this conference because none of us knows everything," said FCIB European Advisory Council Member and 2014 FCIB Service Development and Growth Award-winner Michael Andreasen, ICCE at the Summit. "But together and between us we can always learn, and that's the key point, if you will, of being a member and being a part of something like FCIB."

Established in 1919, FCIB is internationally recognized as the premier association of executives in Finance, Credit and International Business, providing critical export credit and collections insight, practical advice and intelligence to companies of all sizes, from Fortune 500 multinationals to medium and small private companies. FCIB offers unique networking and educational opportunities, enhancing professional careers and improving company competitiveness and bottom line. Through education, its powerful global-reaching network, business credit intelligence and related products, services and resources, FCIB promotes best practices and ethical credit management policies. FCIB is a division and a wholly-owned subsidiary of the National Association of Credit Management. For more information, visit http://www.fcibglobal.com.

Media Contact: Marta Chacon, CICP, (410) 423-1835, martac(at)fcibglobal(dot)com
Website: http://www.fcibglobal.com
Twitter: @FCIB_Global

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Marta Chacon, CICP
The Finance, Credit and International Business Association
+1 (410) 423-1835
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