2024-12508. Announcement of Approved International Trade Administration Trade Mission  

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    AGENCY:

    International Trade Administration, Department of Commerce.

    SUMMARY:

    The United States Department of Commerce, International Trade Administration (ITA), is announcing one upcoming trade mission that will be recruited, organized, and implemented by ITA. This mission is: Southeast Europe Energy-Transition and Energy Security Business Development Trade Mission to Bulgaria, Romania, and Serbia. A summary of the mission is found below. Application information and more detailed mission information, including the commercial setting and sector information, can be found at the trade mission website: https://www.trade.gov/​trade-missions. For this mission, recruitment will be conducted in an open and public manner, including publication in the Federal Register , posting on the Commerce Department trade mission calendar ( https://www.trade.gov/​trade-missions-schedule) and other internet websites, press releases to general and trade media, direct mail, broadcast fax, notices by industry trade associations and other multiplier groups, and publicity at industry meetings, symposia, conferences, and trade shows.

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    FOR FURTHER INFORMATION CONTACT:

    Jeffrey Odum, Trade Events Task Force, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230; telephone (202) 482-6397 or email Jeffrey.Odum@trade.gov.

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    SUPPLEMENTARY INFORMATION:

    The Following Conditions for Participation Will Be Used for the Mission:

    Applicants must submit a completed and signed mission application and supplemental application materials, including adequate information on their products and/or services, primary market objectives, and goals for participation that is adequate to allow the Department of Commerce to evaluate their application. If the Department of Commerce receives an incomplete application, the Department may either: reject the application, request additional information/clarification, or take the lack of information into account when evaluating the application. If the requisite minimum number of participants is not selected for a particular mission by the recruitment deadline, the mission may be canceled.

    Each applicant must also certify that the products and services it seeks to export through the mission are either produced in the United States, or, if not, are marketed under the name of a U.S. firm and have at least fifty-one percent U.S. content by value. In the case of a trade association or organization, the applicant must certify that, for each firm or service provider to be represented by the association/organization, the products and/or services the represented firm or service provider seeks to export are either produced in the United States or, if not, marketed under the name of a U.S. firm and have at least 51% U.S. content by value.

    A trade association/organization applicant must certify to the above for all of the companies it seeks to represent on the mission.

    In addition, each applicant must:

    • Certify that the products and services that it wishes to market through the mission would be in compliance with U.S. export controls and regulations;
    • Certify that it has identified any matter pending before any bureau or office in the Department of Commerce;
    • Certify that it has identified any pending litigation (including any administrative proceedings) to which it is a party that involves the Department of Commerce; and
    • Sign and submit an agreement that it and its affiliates (1) have not and will not engage in the bribery of foreign officials in connection with a company's/participant's involvement in this mission, and (2) maintain and enforce a policy that prohibits the bribery of foreign officials.

    In the case of a trade association/organization, the applicant must certify that each firm or service provider to be represented by the association/organization can make the above certifications.

    The Following Selection Criteria Will Be Used for the Mission

    Targeted mission participants are U.S. firms, services providers, and trade associations/organizations providing or promoting U.S. products and services that have an interest in entering or expanding their business in the mission's destination country. The following criteria will be evaluated in selecting participants:

    • Suitability of the applicant's (or in the case of a trade association/organization, represented firm's or service provider's) products or services to these markets;
    • The applicant's (or in the case of a trade association/organization, represented firm's or service provider's) potential for business in the markets, including the likelihood of exports resulting from the mission; and
    • Consistency of the applicant's (or in the case of a trade association/organization, represented firm's or service provider's) goals and objectives with the stated scope of the mission.

    Balance of company size and location may also be considered during the review process. Referrals from a political party or partisan political group or any information, including on the application, containing references to political contributions or other partisan political activities will be excluded from the application and will not be considered during the selection process. The sender will be notified of these exclusions.

    Definition of Small- and Medium-Sized Enterprise

    For purposes of assessing participation fees, an applicant is a small or medium-sized enterprise (SME) if it qualifies as a “small business” under the Small Business Administration's (SBA) size standards ( https://www.sba.gov/​document/​support--table-size-standards), which vary by North American Industry Classification System (NAICS) Code. The SBA Size Standards Tool ( https://www.sba.gov/​size-standards) can help you determine the qualifications that apply to your company.

    Mission List: (additional information about trade missions can be found at https://www.trade.gov/​trade-missions).

    Southeast Europe Energy-Transition and Energy Security Business Development Trade Mission to Bulgaria, Start Printed Page 48553 Romania, and Serbia, March 17-21, 2025

    Summary

    The United States Department of Commerce, International Trade Administration (ITA), is organizing a Southeast Europe Energy-Transition and Energy Security Business Development Trade Mission to Bulgaria, Romania, and Serbia. This mission will introduce U.S. companies and organizations to potential partners in dynamic Southeastern Europe, where governments are investing in clean-energy technologies as a path toward climate neutrality and energy security and independence. Participating firms will have the opportunity to learn about market conditions and trends, establish industry contacts and solidify market-entry or expansion strategies, with the underlying goal of increasing U.S. exports of innovative, advanced and clean-tech goods and services to the region.

    Every market will offer a targeted program of customized business appointments, meetings with industry leaders and government officials and networking. Delegates will benefit from the guidance and insights of ITA's Commercial Service teams working in these markets.

    U.S. companies and organizations will participate in networking events with key government and private-sector stakeholders hosted by the U.S. Embassy. They will also participate in pre-arranged meetings with pre-screened business and government representatives to discuss upcoming market opportunities. They will have the opportunity to learn about the Bulgarian market from Commerce Department and other U.S. government agency experts during a country briefing.

    Proposed Timetable

    [*  Note: The final schedule and potential site visits will depend on the availability of host government and business officials, specific goals of mission participants, and ground transportation.]

    Sunday, March 16, 2025; Sofia, Bulgaria• Trade Mission Participants Arrive Sofia, Bulgaria. • Afternoon orientation by CS Bulgaria team.
    Monday, March 17, 2025; Sofia, Bulgaria• Welcome breakfast. • Country Briefing by U.S. Embassy Sofia team. • Customized business meetings with potential buyers/partners and government decision makers. • Closing reception with government and business contacts.
    Tuesday, March 18, 2025; Sofia, Bulgaria to Bucharest, Romania.• Morning flight to Bucharest, Romania. • Country Briefing by U.S. Embassy Bucharest team. • Welcome Reception.
    Wednesday, March 19, 2025; Bucharest, Romania.• Customized business meetings with potential buyers/partners and government decision makers. • Closing reception with government and business contacts.
    Thursday, March 20, 2025; Bucharest, Romania to Belgrade, Serbia• Morning flight to Belgrade, Serbia. • Welcome Lunch.
    Friday, March 21, 2025; Belgrade, Serbia• Customized business meetings potential buyers/partners and government decision makers • Closing reception. • Departure.

    Participation Requirements

    All parties interested in participating in the trade mission must complete and submit an application package for consideration by the Department of Commerce. All applicants will be evaluated on their ability to meet certain conditions and best satisfy the selection criteria as outlined below. A minimum of 10 and a maximum of 15 firms and/or trade associations will be selected to participate in the mission from the applicant pool.

    Fees and Expenses

    After a firm or trade association has been selected to participate in the mission, a payment to the Department of Commerce in the form of a participation fee is required. The participation fee for the Business Development Mission will be $4,925.00 for small or medium-sized enterprises (SME)1; and $6,950.00 for large firms or trade associations. The fee for each additional firm representative (large firm or SME/trade organization) is $2,300.00. Expenses for travel, lodging, meals, and incidentals will be the responsibility of each mission participant. Interpreter and driver services can be arranged for additional cost. Delegation members will be able to take advantage of U.S. Embassy rates for hotel rooms.

    If and when an applicant is selected to participate in a particular mission, a payment to the Department of Commerce in the amount of the designated participation fee below is required. Upon notification of acceptance to participate, those selected have 5 business days to submit payment or the acceptance may be revoked.

    Participants selected for a trade mission will be expected to pay for the cost of personal expenses, including, but not limited to, international travel, lodging, meals, transportation, communication, and incidentals, unless otherwise noted. Participants will, however, be able to take advantage of U.S. Government rates for hotel rooms. In the event that a mission is canceled, no personal expenses paid in anticipation of a mission will be reimbursed. However, participation fees for a canceled mission will be reimbursed to the extent they have not already been expended in anticipation of the mission.

    If a visa is required to travel on a particular mission, applying for and obtaining such a visa will be the responsibility of the mission participant. Government fees and processing expenses to obtain such a visa are not included in the participation fee. However, the Department of Commerce will provide instructions to each participant on the procedures required to obtain business visas.

    Trade Mission members participate in trade missions and undertake mission-related travel at their own risk. The nature of the security situation in a given foreign market at a given time cannot be guaranteed. The U.S. Government does not make any representations or guarantees as to the safety or security of participants. The U.S. Department of State issues U.S. Government international travel alerts and warnings for U.S. citizens available at https://travel.state.gov/​content/​passports/​en/​alertswarnings.html. Any Start Printed Page 48554 question regarding insurance coverage must be resolved by the participant and its insurer of choice.

    Travel and in-person activities are contingent upon the safety and health conditions in the United States and the mission countries. Should safety or health conditions not be appropriate for travel and/or in-person activities, the Department will consider postponing the event or offering a virtual program in lieu of an in-person agenda. In the event of a postponement, the Department will notify the public, and applicants previously selected to participate in this mission will need to confirm their availability but need not reapply. Should the decision be made to organize a virtual program, the Department will adjust fees, accordingly, prepare an agenda for virtual activities, and notify the previously selected applicants with the option to opt-in to the new virtual program.

    Timeframe for Recruitment and Applications

    Mission recruitment will be conducted in an open and public manner, including publication in the Federal Register , posting on the Commerce Department trade mission calendar ( http://export.gov/​trademissions) and other internet websites, press releases to general and trade media, direct mail, notices by industry trade associations and other multiplier groups, and publicity at industry meetings, symposia, conferences, and trade shows. Recruitment for the mission will begin immediately and conclude no later than February 10, 2025. The U.S. Department of Commerce will review applications and inform applicants of selection decisions on a rolling basis. Applications received after February 10, 2025, will be considered only if space and scheduling constraints permit.

    Contacts

    Hannah Kamenetsky, Senior Commercial Officer, U.S. Department of Commerce, U.S. Embassy Sofia, Bulgaria, +359 2 939 5745, Hannah.Kamenetsky@trade.gov

    Emily Taneva, Commercial Specialist, U.S. Department of Commerce, U.S. Embassy Sofia, Bulgaria, +359 2 929 5770, emily.taniva@trade.gov

    Laura Gimenez, Acting Senior Commercial Officer, U.S. Department of Commerce, U.S. Embassy Bucharest, Romania, laura.gimenez@trade.gov, +40 725 983 961

    Monica Bogodai, Budget Specialist, U.S. Department of Commerce, U.S. Embassy Bucharest, Romania, monica.bogodai@trade.gov, +40 21 200 3371

    Rachel Duran, Senior Commercial Officer, U.S. Department of Commerce, U.S. Embassy Belgrade, Serbia, rachel.duran@trade.gov, +381 117 064 072

    Boris Popov, Senior Commercial Specialist, U.S. Department of Commerce, U.S. Embassy Belgrade, Serbia, boris.popov@trade.gov, +381 11 306 4752

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    Gemal Brangman,

    Director, ITA Events Management Task Force.

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    [FR Doc. 2024-12508 Filed 6-6-24; 8:45 am]

    BILLING CODE 3510-DR-P

Document Information

Published:
06/07/2024
Department:
International Trade Administration
Entry Type:
Notice
Document Number:
2024-12508
Pages:
48552-48554 (3 pages)
PDF File:
2024-12508.pdf