beshear a_300FRANKFORT, Ky. (6/1/13) – Joined by nearly two dozen Kentucky companies and several trade partners, Governor Steve Beshear is set to lead an international business trade mission next week to Canada.
With stops in Montreal and Toronto, the first Kentucky Export Initiative (KEI) trade mission seeks to increase commerce between Kentucky and Canada.

“Exporting is vital to our economic strength, and it’s crucial that we continue to enhance those ties and create long-lasting and prosperous business relationships,” said Gov. Beshear. “This trip is an opportunity to showcase that Kentucky is open for business and offers a wide variety of excellent products and services.”

Kentucky’s business ties to Canada play a major factor in the Commonwealth’s economy, with an estimated $11 billion in bilateral trade between Canada and Kentucky. Canada is Kentucky’s number one trade destination, with $7.3 billion in Kentucky products and services exported to Canada in 2012. Overall, Kentucky’s exports to 199 nations in 2012 totaled $22 billion, setting an all-time record.

The Kentucky delegation includes more than 50 individuals representing more than 20 companies and 11 organizations from across the Commonwealth. The trade mission, which runs from June 3 through June 7, will feature a reception to celebrate and help build business relationships between Kentucky and Canadian companies.

Gov. Beshear created KEI to bring together agencies and organizations to help facilitate international trade opportunities for Kentucky businesses. Comprised of government entities, business organizations and trade experts, the KEI partnership includes the Cabinet for Economic Development, the Kentucky Chamber of Commerce, Kentucky Association of Manufacturers (KAM), World Trade Center Kentucky and Kentucky Association for Economic Development (KAED).

“As Kentucky’s largest and closest export destination, the Canadian market offers some of the best opportunities for both first-time and experienced exporters,” said Greg Higdon, KAM president and CEO. “I’m excited to take part in this trade mission to Canada because of the meetings that will take place between Kentucky manufacturers and their Canadian counterparts, and the opportunities for partnerships these meetings may generate.”

“KentuckyUnited, an initiative of Kentucky Association for Economic Development, is about partnerships in economic development, and our group understands that we have to be focused on the global marketplace,” said Hal B. Goode, KAED president and CEO. “With the current surge of exporting with Canada, Kentucky businesses will have an opportunity on this trade mission to increase capital investment that will ultimately equal job creation.”

“This trade mission is an outstanding opportunity for Kentucky businesses – even those that have never exported – to connect with potential partners in Canada and explore possibilities for selling our products to our neighbors across the border,” said Dave Adkisson, president and CEO, Kentucky Chamber of Commerce. “There is a reason Canada is Kentucky’s number one trading partner. And we can build on that relationship by going up there, telling them what we have to offer and learning more about what products and services Canada needs from us.”

“The Kentucky Export Initiative trade and business mission to Canada is a special opportunity for Kentucky businesses,” said Ed Webb, president and CEO, World Trade Center Kentucky. “Through prearranged sessions, KEI mission participants will meet one on one with Canadian businesses to promote and sell their products and services. These new partnerships will be a win-win for our attendees and for the Commonwealth of Kentucky.”

Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can also join the discussion on Facebook at www.Facebook.com/ThinkKentucky or follow on Twitter at www.Twitter.com/ThinkKentucky.

SurfKY News
Information provided by the office of Gov. Steve Beshear

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

Posted on 2/2/14
3/13 - 16
1 DOW 17,841.98
-86.22 (-0.48%)    
2 S&P 2,080.15
-9.31 (-0.45%)    
3 NASDAQ 4,919.64
-19.68 (-0.40%)    
3/13 - 16

Most Read This Week

April 28, 2015 4319

Search for Stolen Vehicle Ends with Woman Charged…

by SurfKY News
May 05, 2015 3510

Meth Charge Follows MPD Investigation into…

by SurfKY News
April 28, 2015 3475

Man Charged with Stalking Smoke Shop Clerk

by MPD
May 05, 2015 3282

School Board Studies Further Spending Cuts

by Charles W. Riley II, SurfKY News
April 30, 2015 2954

Family Says 'Goodbye' to Dog After It Allegedly…

by Doreen Dennis, SurfKY News

Most Read This Month

April 17, 2015 15896

An Open Letter from an Addict

by Olivia Kirks
April 23, 2015 8596

Man Charged with Sodomy, Incest/Victim under 12

by SurfKY News

Stories Trending Now

May 05, 2015 3510

Meth Charge Follows MPD Investigation into…

by SurfKY News
May 05, 2015 3282

School Board Studies Further Spending Cuts

by Charles W. Riley II, SurfKY News
May 06, 2015 1521

Gant Chosen as Pupil Personnel Director

by Tammy Holloway, SurfKY News
May 05, 2015 1169

Madisonville Man Goes to Hospital after…

by SurfKY News
May 05, 2015 1047

Two on Moped Injured in Collision with Car

by Doreen Dennis, SurfKY News
May 05, 2015 985

Madisonville Police Arrest Reports - May 5, 2015

by SurfKY News
May 05, 2015 888

Baptist Health Madisonville Establishes Foundation

by Kristy J. Quinn
May 05, 2015 598

SurfKY Spotlight: First Kentucky Bank

by Gary Gates, SurfKY News
May 05, 2015 532

May 2015 In-House Rabies Clinics' Schedule

by Barry L. Franklin
May 05, 2015 483

Kentucky Lottery Results for Monday May 4, 2015

by Kentucky Lottery