NMMA partnership offers trade-export resource

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WASHINGTON — The National Marine Manufacturers Association announced a partnership with the U.S. and Foreign Commercial Service to create a formalized program that gives NMMA members improved access to international trade resources offered by the federal government.

The announcement was made Wednesday morning at the American Boating Congress.

The New Market Export Initiative was developed to assist manufacturers as they expand their export sales. As a participating partner, NMMA members have access to help develop contacts for business in foreign markets and assistance in securing export financing, guarantees and credit insurance.

Also, help is available for members about how to comply with regulatory and documentation requirements.

Some of the services are available at no charge; others, tailored for a company’s specific needs, are available for a fee.

“It is increasingly important to make marine manufacturing a global initiative,” NMMA president Thom Dammrich said. “The NMEI program will give our members the tools they need to be successful outside U.S. borders and help us all continue in our quest to make recreational boating the preferred choice in recreation.”

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