A global forum is taking place at the Salt Palace Wednesday. The conference hosted by the Governor’s Office of Economic Development is designed to help Utah businesses expand beyond local borders through imports and exports.
When it comes to international trade, Utah’s growth is above the national average. Governor Gary Herbert says the state has doubled its import-export business over the last 10 years.
“But I’m here to tell you I think we’re just barely scratching the surface,” Herbert says. “I think the potential that we have worldwide is incredible.”
Oliver Alfaro talks to a reporter for KULX Telemundo Utah, a Spanish-language television station. Alfaro is an international tax manager for Deloitte who helped organize Governor Gary Herbert's upcoming trade mission to Mexico.
Utah companies want to do business with Mexico, and more than three dozen of them are joining Governor Gary Herbert on a trade mission next week to swap ideas about improving commerce and quality of life.
Utah exports about $500 million to Mexico every year. Speaking at the Governors Economic Development Summit in Salt Lake on Thursday, Herbert said he believes there’s room to grow.
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.