Utah Senator Orrin Hatch was in Salt Lake City Friday to check in on a major foreign trade deal being negotiated here. Consumer advocates and some members of Congress have criticized the Trans-Pacific Partnership, but Senator Hatch remains supportive.
Salt Lake City’s Grand America Hotel is hosting closed-door talks on a major trade agreement known as the Trans-Pacific Partnership. Negotiations between the US and 11 Pacific Rim countries begin Tuesday and run for five days. Trade representatives will be greeted by protestors. Labor, environmental, and consumer advocates will be rallying outside the hotel at noon Tuesday, demanding the agreement be released to the public.
Utah businesses interested in expanding their global sales got some help Monday at an International Trade Summit at the Marriott in downtown Salt Lake City. The conference - hosted by the Governors Office of Economic Development - gave local business people a chance to meet the state’s Foreign Trade Representatives. Ariel Briggs is Coordinator for the State Trade and Export Promotion Program.
Recently released data from the International Trade Administration shows that the state of Utah has significantly increased their amount of merchandise exports from last year.
Halfway through 2012, the amount of exports coming from Utah has increased by 14 percent. Six months into this year Utah has exported $9.7 billion worth of goods, compared to the $8.5 billion that was done in 2011. Lew Cramer is the CEO of the World Trade Center Utah.