On September 19, IBA client and SBA Region Five Exporter of the Year, Southwest Steel Coil (SSC), held an open house for the public to view their latest expansion in Santa Teresa. More »
On August 19, the IBA assisted in coordinating a roundtable discussion with U.S. Congressman Steve Pearce in Santa Teresa. Homebuilders and developers from the Santa Teresa/Sunland Park region were invited to participate More »
On July 25th, the IBA helped coordinate a visit by Governor Susana Martinez and New Mexico Economic Development Department Secretary Jon Barela to Santa Teresa. These officials were in town to announce More »
Governor Susana Martinez Celebrates Opening of Expanded Santa Teresa Port of Entry and Welcomes 15 New Jobs to Border Region
Governor Susana Martinez joined Chihuahua Governor César Duarte and other government officials on May 24th at a ribbon cutting ceremony to officially open the expanded Santa Teresa Port of Entry. More »
During 2015, the IBA will be conducting a series of trade workshops around the state, some in conjunction with our sister SBDC offices, and others with business associations. Our next workshop will take place from 4:00 pm to 5:00 pm, on February 11th, in conjunction with Arrowhead Center at NMSU. IBA trade specialists will be on hand to consult with companies interested in exploring a particular international market.
There will be no charge to attend this event, but space will be limited. Please contact the IBA offices for more information and to register.
We will be publishing a calendar of upcoming trade seminars within the next few months.
By Jerry Pacheco
I am astounded by the train wreck that is Russia and its leader, Vladimir Putin. In the face of world opposition, it attacked its neighbor, Ukraine, and forcibly annexed the Crimea. War still rages in eastern Ukraine, promoting instability in that region. This war of aggression has badly damaged Russia’s image in the world.
In response, the U.S. and its western allies imposed a series of sanctions on Russia, targeted at industries, banks and influential Russian businessmen. Initially, Putin’s government thumbed its nose at the sanctions, but now they appear to be restricting the access to trade and badly needed finances for his government. On top of the sanctions, falling oil prices have put a squeeze on the government’s revenues. Russia relies heavily on its vast oil reserves to fund the national treasury. Less income from oil means less ability to replace badly crumbling infrastructure across the largest nation in the world, and to maintain basic services for its citizens.
We are deep in the holiday season and 2014 is rapidly coming to an end. The IBA staff is grateful for another productive year of assisting New Mexican businesses with their export/import needs. As we always say, it is the IBA’s clients that have made our program so successful during the past 12 years. As the world gets smaller, businesses have more opportunities to explore international markets, and the IBA is here to help.
As we enter 2015, we invite any New Mexican company that is interested in exploring export/import opportunities to contact us to discuss how we can assist in everything from market identification, export/import preparedness, getting paid for financial transactions, and logistics. In the upcoming year, we plan to work with our sister-SBDC centers to host trade seminars throughout the state.
In the meantime, please the warmest holiday wishes possible from our IBA staff.