Tuesday, 03 18, 2014
Joe Hall 502-564-4886
have until March 28 to register for May
(March 18, 2014) – Kentucky
businesses can still sign up for Governor Steve Beshear’s Kentucky Export Initiative (KEI) trade mission to the
The deadline to register for the May 11-16
trade mission is now March 28. Numerous companies have already signed up, and
only a few openings remain.
“This is a great chance for local
businesses to explore global opportunities,” said Gov. Beshear. “Delegates will
have the opportunity to showcase their products and establish deep connections
within the European market.”
The trade mission will focus on increasing
commerce and building business relationships between Kentucky and the United
Kingdom. The KEI delegation will make stops in London and Manchester.
The visit will be KEI’s second trade and
investment mission. Gov. Beshear led a delegation to Canada in June 2013.
The United Kingdom has the sixth-largest
economy in the world, and with few trade barriers, it is a popular entry market
into the European Union. Kentucky exported more than $1.8 billion in products
and services to the United Kingdom last year, a more than 20 percent increase
from 2012. Top exports include aerospace and pharmaceuticals products.
The trip follows another record export
year for Kentucky in 2013. Exports of Kentucky-made products and services in
2013 totalled a record $25.3 billion. Kentucky exports to 198 nations, and the
United Kingdom consistently comes in as the third largest destination for
Kentucky products and services behind only Canada and Mexico.
Gov. Beshear created the KEI to bring
together agencies and organizations to help facilitate international trade
opportunities for Kentucky businesses. The KEI partnership includes the Cabinet
for Economic Development and other government entities, business organizations
and trade experts.
Companies interested in participating in
the trade mission are encouraged to act quickly due to limited spacing. For
more information and to register, visit www.kyexports.com.
Some companies may be eligible for grant
assistance for business and export development services through the Bluegrass
Economic Advancement Movement’s (BEAM) Kentucky Export Promotion program. More
information on this program can be found at http://www.louisvilleky.gov/beam.