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Royal Visit Far From Home American-Danish Industrial Cooperation Director-General of the Danish Maritime Authority in Washington The State of Agricultural Policy Danish Work on Food Safety Political Negotiations and the Debt Upcoming Event
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ADBC Newsletter June 2011

Mar 27, 2016

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Keeping with traditions, ADBC presents its members and other stakeholders with latest news from selected industries.
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Page 1: ADBC Newsletter June 2011

Royal Visit Far From Home

American-Danish Industrial Cooperation

Director-General of the Danish Maritime Authority in

Washington

The State of Agricultural Policy

Danish Work on Food Safety

Political Negotiations and the Debt

Upcoming Event

Page 2: ADBC Newsletter June 2011

Front page: H.M. The Queen of Denmark and Ditlev Engel, CEO of Vestas on board USS Sequoia. By Mike Theiler, Reuters. This page: H.M. The

Queen, H.R.H. The Prince Consort and Ambassador of Denmark to the United States Peter Taksøe-Jensen welcome Honorary Consuls of Denmark

Page 3: ADBC Newsletter June 2011

In the beginning of June, the Embassy of Denmark in Washington D.C. had the pleasure of welcoming Her Majesty (H.M.) The Queen and His Royal High-ness (H.R.H.) The Prince Consort of Denmark on Danish ground in the United States of America.

The unofficial visit included travels to Washington D.C. as well as New York and California. H.M. The Queen and H.R.H. The Prince Consort met with prominent Americans such as the First Lady and minority whip Steny Hoyer. The Embassy, in collaboration with the American-Danish Business Council (ADBC), had also prepared an extensive trade promoting agenda.

Known for our competitive advantage within environmental solutions, Danish Mil-tek show-cased their environmentally friendly recycle and waste disposal equipment to H.R.H. The Prince Consort at the newly established headquar-ters in Virginia. The event was a success, bringing together guests from the Obama administration, Virginia’s senator, and many more. Also Terma, Maersk, and Vestas were among the Danish companies that used the royal visit as a platform for building relations with the US administration, the busi-ness community and the cultural scene.

A special thank goes to Maersk for sponsoring the Royal Danish Ballet tour to Washington D.C., New York and California.

Danish design and architecture were in focus as H.M. The Queen and H.R.H. The Prince Consort visited New York. H.M. The Queen announced the winner of Danish Arts’ design completion, and Georg Jensen hosted a reception to celebrate the opening of its new boutique at Madison Avenue. H.R.H. also visited Maersk Inc. and Arla Foods, and finally presented the Prize of Honor to Danish Crown USA Inc. in recognition of outstanding service to trade relations between Denmark and the U.S.

On the west coast, H.R.H. celebrated the 100 anniversary of Solvang in Cali-fornia which has now been home to Danish newcomers for a century. H.R.H. also celebrated the 5-year anniversary of our Innovation Center in Silicon Val-ley.

The visit of H.M. The Queen and H.R.H. The Prince Consort was a great suc-cess, and I was pleased to see how many ADBC members and other Danish related companies used the royal visit to establish invaluable contacts at a high level. I send my personal greetings to the many members of the Ameri-can-Danish Business Council who also participated in the extraordinary recep-tion with H.M. The Queen and H.R.H. The Prince Consort on June 8 2011. It is events like these that support ADBC’s daily effort in promoting transatlantic cooperation.

This edition of the ADBC Newsletter has a new format, bringing quarterly re-ports on selected industries. We are pleased to share this information with you!

// Peter Taksøe-Jensen

Page 4: ADBC Newsletter June 2011

Export promoting actibvities were high on the agenda when Her Majesty (H.M.)

The Queen and His Royal Highness (H.R.H.) The Prince Consort of Denmark met

with Danish businesses in the United States.

Mil-Tek, a small but pro-gressive Danish company that produces environmen-tally-friendly recycling and waste disposal equipment,

welcomed H.R.H. The Prince Consort to the American headquarters in Virginia, USA. The company entered the U.S. market early this year after successful operations in 27 countries. The visit by H.R.H. was an effective boost in creating awareness of Mil-tek’s products and the positive effect that these products can have on recycling and waste costs in the U.S. By compacting and recycling polystyrene with Mil-Tek equipment, a company can reduce its existing waste costs by up to 80 percent, according to Mil-tek. The administration was also represented at this event. Barry Johnson, senior advi-ser to the Economic Development Admi-nistration and director of the office of

strategic initiatives at the U.S: Depart-ment of Commerce, said:

“[Obama] is quite spirited about the importance of crea-ting jobs in innovative ways, and this company is a great example”. State Senator Mark R. Herring (D-Loudoun and Fairfax), State Del. Thomas A. Greason, Loudoun County Common-wealth’s Attorney James Plowman, Lou-doun Board of Supervisors Chairman Scott K. York, President of Loudoun Coun-ty Chamber of Commerce Tony Howard and Supervisor Stevens Miller of Dulles District applauded as H.R.H. The Prince Consort led the demonstration of the plant. Founder of Mil-tek, Mr. Kristian Skanne-rup, hopes to expand to 30-40 U.S. sales offices within four years.

Page 5: ADBC Newsletter June 2011

H.M. The Queen and H.R.H. The Prince Consort visited during the first week of June the Smithsonian Museum of American History to see the maritime exhibition ”On the Water: Stories from Maritime America”.

The exhibition is sponsored by A.P. Moeller and Chastine Mc-Kinney Moeller Foundation, and highlights container shipping’s contribution to maritime history in the U.S.

MAERSK was also sponsor of the ballet ”A Folk Tale” that the royal couple saw on June 7 2011 in the J.F. Kennedy Center.

Terma took the opportunity to in-vite special guests to the Phillips Collection when H.M. The Queen and H.R.H. The Prince Consort vis-ited Washington D.C.

CEO of Terma, Jens Maaløv, partici-pated along with member of the board and former Ambassador of the United States to Denmark who welcomed H.M. and H.R.H.

Guest included contacts from the defense industry, organizations and U.S. administration.

H.M. The Queen met with Ditlev Engel, CEO of Vestas, for lunch on board USS Sequoia, the former presidential yacht.

Guests included contacts from the industry, organizations, and U.S. administration.

For any inquires, please contact Minister Counselor and Head of the Trade Section, Ulrik Eversbusch , [email protected]

Page 6: ADBC Newsletter June 2011

Along with Lieutenant Colonel Per Lyse Rasmussen, the Danish Defense Indus-trial Cooperation Attaché, Ambassador Peter Taksoe-Jensen began his trip by visiting The Boeing Company in St. Louis, Missouri. The main reason behind this visit was for the Ambassador to acquire up-to-date knowledge on Boeing’s F/A-18 Super Hornet. This fighter jet is one of three candidates to replace the aging F-16 fighters used presently by the Dan-ish Air Force. The Ambassador and the Lieutenant Colonel was welcomed by Boeing Executives, including Dennis A. Muilenburg, president and Chief Execu-tive Officer, Boeing Defense, Space & Security, before being given a tour of the facilities. Included in this tour, was a presentation of the F/A-18 Super Hornet simulator. Guided by a testpilot, Ambas-sador Peter Taksoe-Jensen got the chance to try the simulator of the F/A-18 Super Hornet. This visit was connected to a tour of the production facility. In addition to the F/A-18 Super Hornet, the visit was also intended to promote further cooperation between Boeing and Danish companies.

Grundfos is a Danish owned interna-tional company. Grundfos is in the midst of intensifying their cooperation with the US Department of Defense. Ambas-sador Peter Taksoe-Jensen visited Grundfos in order to assess the stature of those relations, one which the Danish Embassy has helped nurture. The Am-bassador praised the cooperation be-tween the embassy and Grundfos. The purpose of the visit was also for Ambas-sador Peter Taksoe-Jensen to learn about the new technologies being used by Grundfos – one of which is a newly established Water Technology Center, in Fresno. Furthermore, the Ambassador had the opportunity to see the produc-tion facilities in Fresno as well as a large solar power plant, which satisfies large parts of the energy demands in Grund-fos’ facility in Fresno.

The industrial relations between Danish and US industries are strong and continue to

grow. As proof of this strong business relationship Ambassador Peter Taksoe-Jensen took

a four-day trip across the country visiting several US, as well as Danish, companies.

Page 7: ADBC Newsletter June 2011

Ambassador Peter Taksoe-Jensen also got the chance to visit Boeings facilities in Seattle, Washington. Here they were shown the 787 Dreamliner Gallery. This unique place offers potential customers a chance to design their own interior of the 787 Dreamliner. As well as trying to advance further American-Danish industrial cooperation in general, the visit from Ambas-sador Peter Taksoe-Jensen was also intended to en-courage the incorporation of products from a variety of Danish companies into the interior designs of the 787 Dreamliner. Hereafter the Ambassador was given a tour of the production line of the 787 Dreamliner.

Ambassador Peter Taksoe-Jensen also had the oppor-tunity to meet with Microsoft in Seattle. The purpose of the meeting was primarily to create a dialogue and thereby present Microsoft with further business op-portunities in Denmark. Microsoft has its biggest Euro-pean headquarters in Denmark, called Microsoft Dy-namics. The Ambassador highlighted that the Danish health sector is known to have favourable conditions in regards to research, testing and development, mak-ing it an attractive place for further Microsoft invest-ments.

Insitu – formally owned by Boeing – is a company de-veloping unmanned aerial vehicles (UAV). The increas-ing importance of UAV’s has been evident by their role in the military operations in Iraq and Afghanistan, where these aircrafts have provided invaluable intelli-gence. Ambassador Peter Taksoe-Jensen and Lieuten-ant Colonel Per Lyse Rasmussen’s visit to Insitu pro-vided great insights as to the characteristics of Insitu’s UAV products. Ambassador Peter Taksoe-Jensens last visit on his four-day trip was to an American branch of the Danish wind-turbine giant Vestas. With Denmark being one of the world’s leading countries when it comes to clean and green energy, the American-Danish cooperatives potential within this area is enormous. The Ambassa-dor’s visit to Vestas accentuates the role of Vestas as a major player in green energy. The Embassy of Den-mark in Washington D.C. has a successful cooperation with Vestas in trying to establish and grow their mar-ket in the US. The US Air Force is a potential business partner for Vestas. The CEO of Vestas in the US, Mar-tha Würtz, gave the Ambassador a briefing outlining Vestas’ goals and ambitions. The Ambassador was also shown a training facility for Vestas’ maintenance crew.

Here Ambassador Peter Taksoe-Jensen and Lieutenant Colonel Per Lyse Rasmussen are sitting in the cockpit of a Boeing 787

Dreamliner. The Dreamliner is one of Boeings newest commercial airplanes.

Page 8: ADBC Newsletter June 2011

Mr. Nordseth held talks with his coun-terparts in the U.S. Maritime Admini-stration, U.S. Coast Guard (USCG), the Federal Maritime Commission as well as the EPA and the Department of Home-land Security (DHS). There were also meetings with other key stakeholders and industry representatives. In addi-tion, Mr. Nordseth met with House Sub-committee Chairman Frank LoBiondo to express the importance of abiding to uniform, global standards when regulat-ing the maritime sector.

The Danish maritime Director-General currently holds the Chairmanship of the Consultative Shipping Group (CSG) of 18 maritime nations, representing more than 50 pct. of the world’s operated tonnage. The CSG promotes unre-stricted access and fair competition for quality maritime transport services. One issue discussed at length with vari-ous entities was the impending New York State (NYS) ballast water meas-ures, which will require any ship

Director-General of the Danish Maritime Authority Andreas Nordseth on 11-13 April

met with U.S. government counterparts to discuss issues facing Danish and

international shipping companies both globally and in the U.S. in particular.

Meeting at the Federal Maritime Commission. Chairman Richard A. Lidinsky Jr. (center), Director-General Andreas Nordseth (left), Danish Ambassador Peter Taksøe-Jensen (right).

Page 9: ADBC Newsletter June 2011

entering NYS waters to possess bal-last treatment technology equal to 100 X the IMO standard beginning July 2013 (extension date). NYS in granting current extensions cited one company, Ecoclor, which it claims does possess the necessary technology to meet NYS’ standard. However, according to the USCG, even Ecoclor itself admits that its technology is not capable enough. It remains unclear as to how NYS will enforce its ballast water stan-dards as it does not have the re-

sources set aside to do so. The USCG has its rulemaking on ballast water standards well underway, expected to come out in a few months time and set a standard close or identical to the IMO. The rulemaking will include guidance for a type approval process for ballast water treatment technology, in which the USCG will play a key role in coordinating and evaluating inde-pendent lab findings. Chairman LoBiondo expressed his support for the CSG position to Andreas and

agreed that the NYS measures were unacceptable and overly-arduous. The National Academy of Science and EPA’s Science Advisory Board have recently released their official findings in relation to both available technology and the need for further research when deviating from IMO standards. The CSG will likely decide to engage NYS directly on the mat-ter at its upcoming June meeting in Brussels, Belgium.

Meeting at the Federal Maritime Commission. Chairman Richard A. Lidinsky Jr. (center), Director-General Andreas Nordseth (left), Danish Ambassador Peter Taksøe-Jensen (right).

Page 10: ADBC Newsletter June 2011

The EPA is currently developing a new Vessel General Permit (VGP), which by law must be issued every five years. The last VGP was issued in 2008 and is set to expire soon. According to the EPA, within the permit, it has the au-thority to regulate ballast water under the Clean Water Act, which allows for citizens suits. The EPA are not able to take into account cost or technology availability when determining the stan-dard but can consider these factors when determining length of time to comply. The EPA also stated that they will give consideration to companies who invest heavily in new technology, so that these companies will not be forced to re-invest after only a few years in operation. Maritime security was another com-prehensive issue where Andreas noted that the Administration possessed a good understanding of the interna-tional shipping community’s perspec-tive regarding global supply chain secu-rity. The Chairman noted that the waiver regarding the 100% scanning requirements is likely to be extended “for the foreseeable future”. DHS agrees that 100% scanning of all US-bound cargo is not cost-effective and Secretary Napolitano has also been vocal on this matter. Andreas’s felt that the recently released EU report on

cargo security has inspired the DHS in its formulation of a supply chain secu-rity strategy, and noted a great degree of willingness on the part of DHS to discuss new ideas with foreign govern-ments. DHS will have further conversa-tions with Congress and wants to build a strong case for alternatives to 100% scanning. DHS will be engaging in a dia-logue with industry and other govern-ments in a six month time period fol-lowing the release of the soon ex-pected supply chain security strategy. Other items discussed during the dif-ferent meetings include the smoothen-ing of shore leave for international sea-farers in the US, anti-trust legislation in the EU and the US, ship to air emis-sions and Jones Act interpretations. On the issue of increased or unlimited li-ability for companies operating in the Golf of Mexico (following the Deepwa-ter Horizon incident), Chairman Lo-Biondo made a very clear statement that unlimited liability as a result of the Deepwater Horizon catastrophe will not happen. For further information, please contact Maritime Advisor Henrik Juhl Madsen, [email protected]

We send our sincere thanks to Director-General of the

Danish Maritime Authority Andreas Nordseth

Page 11: ADBC Newsletter June 2011

Scandinavian Airlines (SAS)

expands with new routes

Enjoy daily flights from New York to Scandinavia

Copenhagen, Oslo and Stockholm

For more information visit www.sas.dk, call 203-326-1726, [email protected]

Page 12: ADBC Newsletter June 2011

On several of these occasions America's role as a leading producer of agricultural commodities has been emphasized in particular as a contributor to the global food supply balance, but when it comes to the concept of how sustainable agri-culture should be defined and how dis-tribution of production should be – there are a lot of different opinions. Environmental Protection Agency for example is viewed by many as appropri-ated to an excessive role and is facing strong criticism from farmers who feel persecuted and over-regulated by the environment and requires the Board contends. However, there is more re-spect for the U.S. Department of Agricul-tures Administration and Agriculture Minister Tom Vilsack, who is close to President Obama, but probably still, have to look forward to significant budget cuts and reducing its workforce by up to 20%. - It cannot be excluded that there will be a the integration of the two administrations, so 'green growth' strategy, which still is not very visible in agricultural production will have a new profile, which partly Sen. Stabenow has already pointed out that an opportunity to promote a sustainable

agricultural policy. Crop production is expected this year to concentrate on traditional crops such corn, wheat, soy and sowing is in full swing, but with significant delays due to floods and droughts in several states which may threaten to put the produc-tion / supply and prices under pressure. It is expected that corn stocks just be-fore the harvest will drop to only 5% of the entire 2010-production. At the same time there is a raging discussion about corn use for ethanol (40% of production is expected to go to ethanol production) in particular authorities encourages this use, but some NGOs and protest groups finds this unethical, when approx. 1 bil-lion. of the world population are malnu-tritioned. But in Washington DC there is a very powerful ethanol lobby and also Sen. Stabenow is in favor of investments in 'advanced biofuel'. Pig production is developing , but is hard pressed by higher feed costs, while ex-ports set new record. The U.S. pork ex-port in 2010 was 1.9 million. tons (about the size of the Danish one) and the whole U.S. agricultural exports has grown to become the only sector in the

Recently there has been a series of conferences in Washington, which aim to strengthen a serious debate on the modernization of U.S. agricultural production and the industry's future in light of the complex situation which is driven by both domestic and global food consumption. – The Food Safety Modernization Act has just been introduced, which is the first major revision of the Food Act since 1938 and FDA and USDA are facing several reforms including emphasizing greater food security, better diet and nutrition and more innovation in the food area.

Page 13: ADBC Newsletter June 2011

U.S. with a trade surplus. But there are also other issues in the de-bate. Several consumer representatives flying forward with criticism of U.S. food production industrialization level and points to the food industry's responsibil-ity for poor nutrition of a population where 1 / 3 are overweight and the num-ber of children with diabetes is rapidly increasing. Criticism is not new and has been there for years as kind of tacit con-sensus between the food and retail / consumer, and right now the most im-portant thing is to keep food prices as low as possible, and accept a certain pro-portion of 'fast food', whereby the aver-age family can settle with costs for food of only 8-10% of its disposable income. Conditions prohibiting antibiotics in live-stock production also appear regularly in the discussion, but are not taken very seriously by either industry or govern-ment. The majority of the public trust the administration scientific arguments and have confidence in the food industry's production methods. The political debate is however weak-ened by the elections in December. 68

new members where elected into the House of Representatives, several new members in the agriculture committee, who does not understand agriculture. One of the biggest challenges is to get the new members a fundamental under-standing of agricultural issues, so they can understand the impact of budget discussions. The trade policy situation, incl. FTAs Negotiations in the Doha Round is not developing well and it surprised many that the U.S. side does not show greater political commitment to see the process completed. On the one hand, the admini-stration signals that it is still interested in the process and is currently negotiating with particularly China and India, but on the other hand, appears from a political point more interesting in bilateral FTAs, which are often viewed as more favor-able to the U.S. and also seems easier to negotiate. In recent times, there is focus on an agreement on Trans-Pacific Part-nership (TPP), given that trade is prolifer-ating with especially the Asian countries where TPP may contribute to increased market access.

Page 14: ADBC Newsletter June 2011

The Obama administration sees foreign trade as an important instrument to cre-ate growth and jobs in the U.S. As Obama in particular stated that the ob-jective of the United States is to double its exports by 2015. - In this context, FTAs with South Korea, Colombia and Panama plays a major role, since they are in principle fully negotiated, but has encountered resistance from several quarters in Congress. U.S. Trade Repre-sentative Ron Kirk, has just said that sev-eral political barriers now seem out of the way so that a final adoption will hopefully take place during the summer.

Especially the FTA with South Korea is important as the administration esti-mates that it will both increase U.S. ex-ports by $ 10 billion and help create up to 70,000 jobs in the U.S. Agricultural exports are set to become the big win-ner with an extra meat exports approx. $ 2 billion by a combined beef and pork exports of up to 600,000 tonnes. (Because of the devastating FMD out-break in South Korea, which now ap-pears under control was 1 / 3 of all live-stock killed and a shortage of meat has led the authorities to abolish import tar-iffs on pork for the rest of 2011.) Ameri-can meat exporters have (like the Dan-ish ) therefore focuses on the Korean

market and USDA has therefore granted U.S. Meat Exporters Association, $ 1 mil-lion for promotion of beef and also $ 10 million to image-building campaigns over 5 years for both beef - and pork. The Danish agro-exports to the U.S. In the first two months, the Danish agro-exports increased in both volume and value compared to same period in 2010. The value of exports rose by 8% to DKK 559 mill. (1-2) despite a relatively weak dollar, which since the turn has de-creased by 11.5% (as of May 2011). While in 2010, exports of agro-industrial products (especially aids and enzymes) increased the most it is this year the conventional export including pork ex-ports (which rose from 124 mill. to 142 mill.) that has grown the most. The category 'machines, etc. to agribusi-ness' has in turn declined, which is con-sidered to be a recurrent phenomenon. The Danish Export Council in the U.S. does at this time a considerable effort to increase industry interest in Danish technology in agribusiness including bio-gas and biomass. - The Danish agro-exports to the U.S. is projected to be around. USD 4 billion.

Page 15: ADBC Newsletter June 2011

In consideration of increasing global challenges regarding food security and safety, efforts on improving the quality of food production and trade are being seen as vital by the World Bank. Accord-ingly, the Bank has taken an interest in Danish standards for food safety and control mechanisms. The seminar was opened by World Bank Vice President, Inger Andersen, and Am-bassador Peter Taksoe-Jensen, and was followed by World Bank staff as well as project experts from six different coun-tries. The Danish lectures at the seminar re-garded the organization of Danish food administration and experiences from giving advice on food standards in devel-oping countries. Danish experience in establishing public-private partnerships regarding food trade in developing countries is clearly in high demand and is being seen as essential for building capacity in the agricultural and food pro-duction sectors of developing countries. The World Bank emphasized that the Danish concept of focusing on a combi-nation of technical, political and com-mercial solutions is the method found most applicable by the Bank regarding

the introduction of sustainable models for improving quality, processing and economic growth in the food sectors of the countries. The World Bank considered the seminar as being the first step in more system-atic cooperation with Danish authorities on food safety, and possibilities for fu-ture cooperation will be explored in the near future. Steen Steensen, Minister Cousellor, Food and Agriculture, [email protected]

On May 10, the World Bank’s department of Agriculture and Rural Development

organized a seminar on food safety in collaboration with the Danish Embassy. The

seminar had participating experts from the World Bank as well as three Danish

representatives from the Veterinary and Food Administration, The Knowledge Centre

for Agriculture and the Embassy.

Page 16: ADBC Newsletter June 2011

The increase of the federal debt limit is on top of the political agenda with a deadline 2nd of August, but the Republi-cans demands serious spending cuts for their votes on an increase in the debt limit. The Republicans have a strong fo-cus on reducing government spending in order to control the rising debt and are reluctant to increase taxes. The Congressional Budget Office (CBO) have projected that the deficit for 2011 will be about 1.5 trillion USD or 9.8% of GDP if current law remain unchanged. They project that the deficit as percent-age of GDP will fall in the coming years which would stabilize the debt around 76% of GDP. Though, these projections are based on the assumption on both current policies and continuing eco-nomic recovery, which would reduce spending on income-support programs and increase tax revenue. In the alterna-tive scenario with the continuation of certain policies and holding the Medi-

care payment rates constant at 2011 level, CBO projects that the debt will reach nearly 100% of GDP over the next ten years. One of the biggest drivers is due to demographic the health care costs.

Meanwhile the latest economic indica-tors have shown a loss of momentum in the economic recovery. The annualized growth rate of real GDP for the first quarter was 1.8 % compared to 3.1% in the fourth quarter of 2010. The slow pace of economic recovery is also seen in other important statistics. The unemployment rate rose to 9.1 % in May from 9.0 % in the preceding month, and the latest numbers on the housing market shows that the housing prices are still falling. In the first quarter of the year the house prices dropped 2.5% ac-cording the Federal Housing Finance Agency’s index.

Source: Congressional Budget Office

Since the Republican takeover in the House of Representatives the political landscape

for Obama has been constrained. Not only did it influence the negotiations over the

fiscal budget for 2011, but it is also currently complicating the process of increasing

the debt limit from 14.3 trillion to 16.7 trillion USD.

Page 17: ADBC Newsletter June 2011

The real personal consumption expendi-tures increased 2.2 % in the first quarter, compared to an increase of 4.0% in the fourth quarter. Nevertheless, the mod-est growth rate of private consumption is still a main driver of the GDP growth, accounting for 1.53 percentage point. Though, there are many ways to meas-ure the wellbeing of the US economy. As the biggest manufacturing country in the world, the wellbeing of the manufac-turing sector is seen as highly important. The ISM index by the Institute for Supply Management is a renowned index used to measure the temperature on the manufacturing sector. The ISM index consist of 5 indicators; new orders, pro-duction, employment, supplier deliver-ies and inventories. A value over 50 indi-cates an expansion of the manufacturing sector, a value below 50 indicates that the manufacturing sector is contracting.

The PMI index was 53.5 in May which indicated that the manufacturing sector have expanded for the 22nd consecutive month. However compared to the value of 60.9 in April, it indicates a slowdown of growth-

The disappointing numbers have to so-me extend been reflected in the forecast for the economy. The Blue Chip indica-tor, an average of more than 50 profes-sional economic institutions forecasts, reflect more modest expectations com-pared to earlier forecasts. The latest forecast published in early June projects a growth rate for real GDP of 2.6% for 2011 and 3.1% real GDP growth for 2012.

Source: www.ism.we

Page 18: ADBC Newsletter June 2011

The U.S. Department of Defense (DOD) and Department for Health and Human Services (HHS) have unique medical requirements in regards to secure a functioning warfighter, secure biological countermeasures, and spe-cial treatment needs for military and civilian personnel returning from service. This is a unique potential for industry to partner with the US Government, which in-centivise industry to collaborate on develop-ment and purchase of the necessary vac-cines, drugs, therapies, and diagnostic tools for public health medical needs and emer-gencies. For example is DODs yearly health-care budget approximately $50 billion. The Embassy of Denmark has gathered key stakeholders and leaders to present require-ments and opportunities for the medical industry by entering U.S. Government Pub-lic-Private Partnerships addressing Public Health, Biodefense, and Medical Research and Development. The meeting is prior the official opening of BIO International Convention, and aim at offering an introduction to medical needs and explore business opportunities; to identify areas of collaboration; to interact with current and prospective partners; and to learn about DOD’s and HHS’ work in drug discovery, drug development, funding, contracting, and procurement. Participating Danish companies have the opportunity to network with key stake-holders for future dialogue, collaboration and procurement:

Peter Taksøe-Jensen, Denmark’s Am-bassador to United States

Per Lyse Rasmussen, Lieutenant Colo-nel, Assistant Defence, Military, Na-val, and Air Attaché, Defense Indus-trial Cooperation, Embassy of Den-mark

Michael Kurilla, MD, PhD., Director, Of-fice of Bio-Defense Research Affairs, Associate Director for Bio-defense Product Development, Division of Microbiology and Infectious Dis-eases, National Institute of Allergy and Infectious Diseases (NIAID), Na-tional Institutes of Health

Alan Rudolph, Ph.D, MBA, Director for Chemical and Biological Technolo-gies Directorate, Research and De-velopment Enterprise, Defense Threat Reduction Agency, Depart-ment of Defense

Gary L. Disbrow, Ph.D., Deputy Director, Division of CBRN Countermeasures, Biomedical Advanced Research and Development Authority, BARDA, Assistant Secretary for Prepared-ness and Response ASPR, Depart-ment of Health and Human Services (HHS)

Col. Aizen J Marrogi, MD, IRB Chair, Walter Reed Army Institute of Re-search (WRAIR), Department for Medical Development, Department of Defense

John Clerici and Dr. Jennifer Han-nesschlager, Principals, Tiber Creek Partners LLC

Bavarian Nordic

Public-Private Partnerships on Public Health, Bio-Defense, and Medical Research & Development Needs by US Department of Defense (DOD) & US Health and Human Services (HHS)

Time: Monday, June 27, 2011 (Time: 12.00-5:30PM)

Page 19: ADBC Newsletter June 2011

The overwhelming success of New Nordic Cuisine within the interna-tional culinary community means that today the Nordic region hosts some of the world’s best chefs, as well as many Michelin starred restaurants.

New Nordic Cuisine reflects a back-to-basics approach to cooking, and is celebrated for its purity, simplicity, freshness and for allowing the ingre-dients to shine. New Nordic Food is high quality food with no fuss. During Nordic Food Days, chefs repre-senting the Nordic countries will cre-ate tasting menus for five of the top restaurants in the Washington area:

Denmark: Mads Refslund, co-founder of Noma (San Pellegrino World’s Best Restaurant 2010 and 2011), will work with Birch & Barley. www.birchandbarley.com

Finland: Hans Välimäki, Chez Domi-nique, and Petteri Luoto, Restaurant Olo, will work with Marcel’s. www.marcelsdc.com

Iceland: Siggi Hall, celebrity chef and ambassador for New Nordic Food, will work with Vidalia.

www.vidaliadc.com

Norway: Geir Skeie, winner of the 2009 Bocuse d’Or gold medal, will work with DC Coast. www.dccoast.com

Sweden: Tommy Myllymäki, winner of the 2011 Bocuse d’Or silver medal, will work with Masa 14. www.masa14.com

On June 26, 2011 Nordic Food Days culminate with the Nordic Food Pavi-lion at the 2011 RAMMY awards, where the Nordic countries will pre-sent some of the best dishes and in-gredients of the region to the DC area’s restaurant industry and food press. For contact information, and to see the full program visit: www.nordicinnovation.org/nordicfooddaysdc

Nordic Food Days celebrate the innovativeness and high quality of New Nordic

Food. Experience the best of New Nordic Cuisine as the embassies of the Nordic

countries bring together some of the world’s best chefs in the United States for

the very first time.

Page 20: ADBC Newsletter June 2011

June 21-26: Nordic Food Days Nordic Food Days celebrate the innovativeness and high quality of

New Nordic Food. Experience the best of New Nordic Cuisine as the

embassies of the Nordic countries bring together some of the world’s

best chefs in the United States for the very first time.

For contact information, and to see the full program visit:

www.nordicinnovation.org/nordicfooddaysdc

June 27: U.S. Military Medical Research & Development and

Products Requirements for Public Health, Biodefense,

and Preparedness Seminar at the Embassy of Denmark: National Institutes of Health

(NIH-NIAID), U.S. Department of Defense (DOD), HHS-BARDA, Walter

Reed Army Medical Center (WRAIR), “Identifying Opportunities and

Working with the U.S. Government, Bavarian Nordic: Advantages /

Challenges of Partnering with U.S. Government Agencies.

To attend, please contact Josefine Urup Wolff, [email protected]

Page 21: ADBC Newsletter June 2011

ARLA FOODS

BEAUFORT ADVISORS

COLOPLAST CORPORATION

CONFEDERATION OF DANISH INDUSTRIES—DI

CONVATEC, INC.

COWI

DANFOSS, INC.

DANISH-AMERICAN BUSINESS FORUM

ECCO USA, INC.

EITZEN BULK USA, INC.

ENKOTEC COMPANY

ENXCO SERVICE CORPORATION

GREENLAND CONTRACTORS

HALDOR TOPSOE INC

HYDREMA

J. LAURITZEN USA, INC.

KELSEN BISCA

LUNDBECK

MAERSK INC.

MIDWEST TRADING

NORDEN TANKERS AND BULKERS USA—USEA

NOVONORDISK PHARMACEUTICALS

NEUROSEARCH

USEA BULK USA INC.

VELUX A/S

DANISH-AMERICAN CHAMBER OF COMMERCE, NY

DANISH-AMERICAN CHAMBER OF COMMERCE, N

CA

DANISH-AMERICAN CHAMBER OF COMMERCE, S

CA

DANISH-AMERICAN CHAMBER OF COMMERCE ,

GEORGIA

DANISH-AMERICAN CHAMBER OF COMMERCE,

MIDWEST

AMCHAM DENMARK

Page 22: ADBC Newsletter June 2011

The American-Danish Business Council promotes Danish companies in the US, and American companies in Denmark. It

is engaged in a range of activities aiming at obtaining an even more thriving American-Danish market place with in-

creased trade and investment. The Council has 59 Danish and American companies as members.

A number of sector-specific committees are being formed, including on Health & Life Science, Defense, Finance, Mari-

time, Food & Agriculture and Energy. By using the Danish Embassy's contacts and access to American as well as to

Danish Authorities, the committees work to enhance business opportunities and to create network synergies and cor-

poration.

To read about membership benefits, please visit our homepage, www.usadk.org, or contact Josefine Urup Wolff, [email protected]