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International Articles

I-Spy: Your Trademark

Seeing Green in Ireland:  Opportunities for U.S. Exports

Westchester County Seeks Participants for Fall Trade Mission to China 


I-SPY: YOUR TRADEMARK
By Jacqueline Zion, Esq.

Your trademarks are an essential part of your business and are a key factor in distinguishing your goods and services from those of your competitors.  Too often a situation is encountered where an unscrupulous competitor, or some other company, tries to adopt and register a mark which conflicts with your valuable trademark.

When such infringements occur, oppositions and litigation can be very complex, time consuming and expensive.   If you are going to avert such infringements, a comprehensive and efficient process of identifying them is required.

Further, there is also the situation where a company seeks to expand its business in a foreign country and discovers that its mark is already registered there.  In such cases, the company may have no choice but to adopt another mark or even purchase the mark from the registrant. Otherwise it may get involved in a lawsuit for using the mark it developed!

A trademark watching service can advise your company’s counsel of possible infringement of its trademarks in a timely fashion.  This may allow your company to prevent the adoption and registration of conflicting trademarks in the United States and the world.   

Using such a service, your trademark counsel will receive a notice when a potentially conflicting trademark application is applied for and/or published.  This notice identifies the application, trademark sought to be registered, the goods and services involved, the name and address of the applicant and other information.

When the notice is received, you and your attorney can discuss what action to take – if any.  Together, you may decide to investigate whether the mark is actually being used in a way which infringes of your rights.  You may decide to send out a “cease and desist letter” to the applicant, or you may prefer to oppose the trademark’s registration by filing a trademark opposition within the set time limit in the trademark office of the application’s country of origin.

Your company works hard to maintain its reputation for its goods and services through trademarks and brands, and they are vulnerable to abuse by others.  Having a trademark watching service is a vital tool for protecting your rights.

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Seeing Green in Ireland:  Opportunities for U.S. Exports
By Joan Kanlian

  

Although the market for exports of US products and services to Ireland appears small on the surface, the potential in fact is very high -- and the scope is broad.  Manufacturers and distributors across Ireland are seeking new sources of supply, and Irish buyers show keen interest in the latest consumer trend or technological gadget. 

There are significant opportunities for small-to-medium sized U.S. exporters.  Successful exports include state-of-the-art products (and parts and components for products) in the ICT sector, pharmaceuticals, and medical and health care devices, as well as travel/tourism, engineering/design, and financial services.  In addition, growth sectors for exports include consumer and sporting goods, building and construction products, hotel and restaurant equipment, food processing equipment, industrial machinery, power generation and air conditioning and refrigeration equipment. 

The economic changes in the last 15 years have been dramatic:

  • Ireland today is a wealthy country.  A net exporting nation, with merchandise exports surpassing $102 billion in 2004, per capita GDP in Ireland is expected to grow 5% and is forecast at $43,000 in 2006. 

  • U.S. exports to Ireland totaled $8.2 billion in 2004, with Irish exports to the U.S. reaching $27.4 billion, according to U.S. trade data.  U.S. exports to Ireland should surpass $9 billion in 2005, with Irish exports to the U.S. surpassing $28 billion. 
     
  • With only 4 million people, Ireland is home to 7% of all U.S. investment in Europe. 

·   More than 600 U.S. companies have operations in Ireland.  Total U.S. investments in Ireland have surpassed $73 billion, nearly 5 times what they are in China ($15.4 billion).  There was $10.4 billion in new U.S. investment in Ireland in 2004, compared with $4.2 billion in China. 

·   U.S. companies directly employ more than 90,000 people (a full 5% of the Irish workforce) and account for 70% of those employed by multinationals in Ireland.  ICT, pharmaceuticals, healthcare, and financial services are the key sectors for U.S. investment, and the U.S. represents about 45% of all foreign direct investment in Ireland.  

·   A highly skilled and educated workforce stemming from a business-adaptive higher education system, a common language, common business principles, a competitive government vision, and a very low corporate tax on profits (12.5%) have been keys to the attractiveness of the Irish market for U.S. companies over the past 25 years.    

  • Ireland’s tax regime and incentives to business are considered by some to be the most cost-effective in the world. 

Additionally, Ireland has the competitive advantage of being a member of the EU.  Over the last few years, U.S. companies have come to recognize that their business interests in Europe are well served by Irish partners who possess knowledge of EU directives, regulations, and distribution channels that will allow them to quickly expand their business throughout the broader EU marketplace.  Whatever their business goals, U.S. companies interested in doing business in Europe should consider Ireland. 

For a full listing of best export prospects to Ireland and the full Country Commercial Guide to Doing Business in Ireland, please visit www.buyusa.gov/ireland

Joan Kanlian, Director, Westchester Export Assistance Center, served as Acting Senior Commercial Officer in Dublin, Ireland from July-August 2006 and can be reached at tel: 914-682-6712 or email: Joan.Kanlian@mail.doc.gov.

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Westchester County Seeks Participants for
Fall Trade Mission to China

By Scott Fernqvist


 

Firms interested in doing business with the world’s fastest growing economy may want to take advantage of a unique opportunity offered by Westchester County to participate in a week-long trade mission to Shanghai/Pudong and east China’s Shandong Province. 

In today’s global economy, Westchester County wants to help ensure that local companies get a good share of the tremendous increase in international trade.  County Executive Andrew Spano has already led several trade missions to China and various locations in Europe in support of this effort. 

Norm Jacknis, the county’s chief information officer and member of past delegations, said that earlier trips helped Westchester establish the long-term relationship with Chinese officials that is essential if county businesses are interested in expanding into China. “We had to lay the groundwork,” Jacknis said. “When we started, nobody knew what Westchester was and didn’t have any idea that this was a place where they might seek partners or for that matter even set up their own offices. It’s not much different from what private businesses do when they go into a new market. It’s sort of a natural evolution.”

The trade mission, now scheduled for mid-October, is an exciting opportunity for local IT, biotech and environmental engineering companies to explore growth and joint development prospects offered by two of China’s most dynamic regions.  Known for their accelerating economies, modern infrastructures and proximity to major trade zones, the Pudong New Area of Shanghai and Jinan, the capital city of Shandong, present lucrative opportunities for all types of businesses – especially U.S. companies offering innovative solutions.  Participants will have access to high-level business, industry and government representatives and opportunities to gain insight into the country’s trade and investment climate. 

Because the county’s Chinese hosts have generously offered to subsidize the trip for Westchester participants, the total cost of the mission is expected to stay under $2,000 per person.

Those interested in participating in the fall trade mission are encouraged to contact Daisy Yau in the Office for Economic Development or Scott Fernqvist, Special Assistant to the CIO.  Yau can be reached at (914) 995-2174 or dyy2@westchestergov.com; Fernqvist at (914) 995-3078 or sef1@westchestergov.com.      

 

 




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