Gov. Beshear to lead trade mission to Canada in May
02/20/2015 01:29 PM
Gov. Steve Beshear will add another stamp on his passport come May when he will lead a trade mission to Canada.
The trade mission, which is part of the Kentucky Export Initiative, is set for May 25-30. The trip will focus on increasing commerce and building relationships between Kentucky’s small businesses and the Canadian market, the governor’s office announced in a news release Friday.
The KEI delegation will make stops in Ottawa, Montreal and Toronto.
“Canada is the largest destination for Kentucky-made products, but there are many additional opportunities for our small businesses to build partnerships with our neighbors to the north,” Beshear said in a statement. “This trade mission will give Kentucky businesses the opportunity to have one-on-one meetings, form relationships to increase sales and explore international markets.”
Canada is Kentucky’s largest trade partner. The commonwealth exported more than $7.6 billion in products and services to Canada last year, according to the governor’s office. Top exports include motor vehicles, auto parts and aerospace products.
In 2014, Kentucky’s exports of products and services to Canada generated $4.3 billion for Kentucky’s GDP and supported more than 51,000 jobs in the state.
The visit will be KEI’s second trade mission to Canada in the past three years. Beshear also led a delegation to the United Kingdom last spring.
Beshear traveled as part of a separate economic development trip to Germany and Sweden in late January.
Kentucky exported to 191 nations last year.
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