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'Business Beyond Borders'

Symposium features growing international trade

By: Liang Liang

Issue date: 4/4/05 Section: News
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Welch said that for students at the Mays School, international business is outside the back door, as Houston ranks high in a number of indexes pertaining to international trade.

Welch said that Houston has over 800 multinational companies, 82 counselors offices, right after New York and Chicago, and 19 foreign banks. Fifty-two percent of companies in Houston are foreign companies and more than 4,400 Houston companies trade goods and services with countries in Asia, as well as the Pacific brim. Air cargo trade between Europe and Houston has gone up a rate of 15 to 20 percent a year, equaling over $3 billion.

"If you pursue the course and finally end up in the business field, almost all of you will find you are either directly or indirectly involved in (business) activities outside our borders," said Robert Allen, managing partner of Challenge Investment Partners and a member of Texas A&M Board of Regents from 1995 to 2001.

Cooper said the Center for International Business Studies offers many study abroad opportunities, as well as certificates tailored to specific fields, such as a certificate of international business or certificate of European business, and the number of students participating in the programs has been growing.

"I think the speakers provided insight and first-hand experience on what they have gone through which is very useful," said Charles Gerke, a freshman business major and one of more than 400 student attendants of the symposium.
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