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MARCH 2004

Pace U Reopens World Trade Institute

Two years after its operations and conference centers were destroyed in the attack on the World Trade Center, the World Trade Institute of Pace University (WTI), a major institute for international trade education, has reopened its doors at new facilities on Pace's campus in downtown New York.

The facilities were made possible thanks to the Federal Emergency Management Agency (FEMA) obligating more than $4.1 million–the largest reconstruction grant awarded for temporary space for higher education post 9/11–to the state of New York to help Pace recover from damages sustained in the September 11 attacks on the World Trade Center.

The Institute was originally located in space Pace University rented on the 55th floor of One World Trade Center. Miraculously, all of the staff and participants there on September 11 were evacuated to safety. In the weeks immediately afterward, working from makeshift quarters in midtown Manhattan with borrowed computers and personal telephones, the WTI staff began to rebuild its administrative infrastructure and restructure its disrupted class and program schedule. WTI then relocated temporarily to offices at Pace's Midtown Center, where the Institute has operated for the past year.

"We welcome back the World Trade Institute to the downtown community," said Pace University President David A. Caputo. "Pace remains committed to re-establishing the Institute's headquarters at the World Trade Center site, and to helping the global economy that increasingly is dependent on international trade."

Under the leadership of Executive Director Donna Sharp, the WTI staff has restructured the Institute's curriculum, reestablished relationships with its students and the international trade community, and significantly expanded the scope of WTI's international trade and logistics educational programs.

"This year marks the World Trade Institute's 30th year as a leading provider of international trade and commerce education, and promises to be one of our most exciting times in recent years," said Sharp. "Our updated programs and facilities are designed to provide an improved learning and working environment for our talented students, instructors and staff."

The Institute offers a broad curriculum of international trade and logistics classes through its School of International Trade and Commerce and its Language Center, as well as seminars on a wide variety of timely topics. Subjects include logistics, finance, trade documentation, regulations, customs law, importing and exporting, internet technology, and marketing. (www.wti.pace.edu)

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