Governor Addresses Recent Trade Mission Success

Press Release

Date: Dec. 13, 2007
Location: Portland, ME
Issues: Trade


Governor Addresses Recent Trade Mission Success

Governor John E. Baldacci addressed students, educators and business people at the Governor's International Community Breakfast hosted by the World Affairs Council of Maine. The Governor spoke about the importance of expanding markets overseas for Maine goods. He also provided an update on the most recent trade mission sponsored by the Maine International Trade Center. The Governor led a delegation of Maine businesses, and education and community leaders to Japan and South Korea in November.

"Trade missions help grow our economy, introduce Maine products to fast-growing trade partners and create new jobs here at home," said Governor Baldacci. "I am pleased to report that as a direct result of the trade mission, participants have already secured $3 million in export sales for the next 12-month period."

The previous three trade missions resulted in increased sales from Maine companies by at least $12.8 million. This is a conservative number that only tracks new sales in the first year after the mission.

The Governor said that Maine companies are able to successfully compete around the globe. Increasing foreign trade opportunities have a ripple effect, growing Maine's economy, creating jobs and increasing State revenues.

"Maine has tremendous resources, innovative businesses and a reputation for quality," said Governor Baldacci. "Every indication is that Japanese and South Korean businesses appreciate the value of Maine people and products. They know that our workforce is among the hardest working and that we take great pride in a job well done."

This year's trip focused on a number of industries and areas that have particular growth potential for Maine in the Asian markets, including: seafood; tourism; agriculture and other natural resource based industries; manufacturing; building products and education.

The World Affairs Council of Maine is celebrating its 30th anniversary as the state's oldest and largest nonprofit public membership organization dedicated to public education in international affairs.


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