Why Prices for Roses, Vegetables, and Fish Could Go Up
Ecuador's ambassador is in Chicago to promote trade with her country. If the U.S. lets the trade agreement expire, we could pay more for everyday items.
Chicago based start-up,
Luxe
Bloom™ provides luxury hospitality operators in US hotels, fine dining
restaurants and high end spas with exquisite natural, long-lasting rose
arrangements on a monthly recurring basis. Luxe Bloom's luxury rose arrangements
come direct to the customer's door in more than 20 colors and designs for a
variety of hospitality settings. Bespoke colors and designs are also available.
Angela Portella, Spa Director of Guerlain
Spa at the Waldorf Astoria of New York commented, "Because the cost and
longevity of their rose arrangements are more predictable than fresh floral, we
have stabilized our floral costs with Luxe Bloom. The long lasting nature and
ease of care has afforded our staff even more time to serve our important
guests." 
Given the natural aspect of the rose product and
operation, a multi-tier supply chain is critical to Luxe Bloom. In addition to
selling luxury flower arrangements, Luxe Bloom is the exclusive distributor of
San Andres Farms long-lasting roses known as the Kiara Collection. Maria Clara
Correa, CEO of San
Andres Farms stated, "We are delighted to welcome Luxe Bloom into our
clientele. Kiara Collection Preserved Roses and Luxe Bloom have been working
together to create high-end products that meet the needs of luxury business
operators. Together we are not only selling roses, but we are solving
hospitality operators' problems with the long lasting nature of our rose
innovation."
Chicago investor, William Conway, of Raputs, LLC.
said, "As an angel investor, I look for innovation in an early stage start-up
with a leader who can execute and sell the dream. We have found this in Luxe
Bloom under the direction of Shelley Rosen."
Based in Chicago, Illinois Luxe Bloom, LLC. founded in
2103 by former Fortune 50 executive, Shelley Rosen, offers natural, long-lasting
rose arrangements to luxury business operators on a monthly recurring basis.
Luxe Bloom roses are 100% ethically sourced from Ecuador. Due to the
long-lasting innovative nature of Luxe Bloom rose arrangements, which require no
water and no refrigeration, operators can save money monthly on luxury floral.
Luxe Bloom was named a Finalist for the Best Innovative Products Editor's Choice
Awards at the 2012 International Hotel, Motel and Restaurant Show. Luxe Bloom
will be exhibiting at the National Restaurant Show in Chicago, May 19-21 in
Booth #9271. Visit us at: www.luxebloom.com
.
While most
Americans may view Ecuador as simply the gateway to the Galapagos Islands,
Ecuador's importance to the United States as a trading partner is really much
more significant. This important message will be on display in May as the
Ecuadorian Trade Office in Chicago launches a new communications campaign, "Keep
Trade Going." The campaign will launch in Chicago and then expand to other
cities in the United States over the coming months. The goal of the campaign is
to enable the business community and general public to know the facts about
trade with Ecuador and why many sought-after Ecuadorian products may become more
difficult to find after July of this year. The campaign
website, to be launched soon, is www.keeptradegoing.com.
Ecuador produces the greatest roses in the world,
according to many flower aficionados. Approximately 30 percent of the roses
purchased in the United States are imported from Ecuador. Ecuador exported $400
million worth of flowers, in market value, to the United States in 2012. Other
high-quality Ecuadorian products that are exported to the United States include
quinoa, broccoli, artichokes, tropical fruits, tuna, tilapia, coffee, chocolate,
cacao and processed food. "All of our major exported products are excellent, but
we're especially proud of our roses," said Borys Mejia, Trade Commissioner for
Ecuador in Chicago. "Ecuador is blessed with the perfect climate and soil
conditions for rose production. When people want the best, they choose
Ecuadorian roses."
In 2012, the United States imported nearly
9.3 billion dollars' worth of Ecuadorian products, according to the United
States Census Bureau. For more than a century, Ecuador has been a strong trading
partner with the United States. Since 1991 trade relations have been under two
key trade preferences agreements: the Andean Trade Promotion and Drug
Eradication Act (APTA/ATPDEA) and/or the U.S. Generalized System of Preferences
Program (GSP). These trade preferences agreements have allowed Ecuador to export
products to the United States without paying an import tariff. This has helped
keep the price of Ecuadorian products down while enabling Ecuador to be
competitive with other exporting countries. But these agreements are due to
expire on July 31, 2013 and without quick action from the U.S. government, when
the agreements expire a highly increased tariff will be imposed, and the price
of imported Ecuadorian products will go up.
One key outreach effort on the part of Ecuador's
Chicago Trade Office, during the past year, has been to work very closely with
the investor group that is establishing a new Chicago Perishable Center within
O'Hare airport. It will be located in the former Lynx Cargo Building at Mannheim
Road and I-90, in the northeast corner of the airfield. This new state of the
art Center, which will officially open in the third quarter of 2013, represents
the first time in decades that Chicago will be a destination to which exporters
can directly ship their perishable products. U.S. cargo airlines are planning to
soon begin flying directly between Ecuador and Chicago.
The Chicago public will also delight in the "Keep
Trade Going" campaign. Beginning May 6, fifteen train cars on the Brown Line "L"
will be wrapped in beautiful images of Ecuadorian roses and food products. The
interiors of these train cars will be decorated wall-to-wall with photography
and key messages about Ecuador and its products, all under the banner of "Keep
Trade Going."