Medina new chairman of Transatlantic Business Council.Gualberto "Gil" Medina, executive managing director of Cushman & Wakefield, Inc.'s New Jersey operations, has been named chairman of the newly formed Transatlantic Business Council (TBC tbc abbr (= to be confirmed) → por confirmar tbc abbr (= to be confirmed) → noch zu bestätigen tbc abbr ). Supported by a group of bankers, lawyers, senior business executives and academics, the non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. aims to strengthen and promote bilateral investment and trade between New Jersey and the European community European Community: see European Union. European Community (EC) Organization formed in 1967 with the merger of the European Economic Community, European Coal and Steel Community, and European Atomic Energy Community. . The TBC considers building a meaningful dialogue with international markets to be of great importance for New Jersey's future economic health. "The transatlantic relationship between the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community constitutes the strongest, most comprehensive and strategically most important partnership in the world," said Medina, a former state commerce secretary under the Whitman Administration. "Freer trade policies lead to innovation and better products, higher-paying jobs, new markets, increased savings and investment. "Within this context, New Jersey is already a major global hub for trade and investment," he added. "Our Gross State Product exceeds $415 billion, and we maintain leadership in the life sciences, chemicals, electronics, finance, insurance, real estate and environmental technologies sectors. Together, import/export activities and foreign direct investment employ more than 500,000 people in New Jersey--over 10 percent of our workforce. The Transatlantic Business Council is a wonderful new group that will further strengthen our state's position." Medina is serving the TBC alongside Judith J. Sullivan, Esq., from Morristown-based Emmet, Marvin and Martin, LLP LLP - Lower Layer Protocol , who has been appointed president. Their European counterparts include Mia Drennan, [TEXT INCOMPLETE IN ORIGINAL SOURCE.] |
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