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Utah International Trade Missions ITDO GOED
Mountain States Colombia Panama Trade Mission Utah International Trade and Diplomacy ITDO GOED

Colombia – Panama (Archive)

February 9-15, 2014

 

State Trade and Export Promotion (STEP)Utah State Trade and Export Promotion (STEP) program

Learn more about Utah’s State Trade and Export Promotion (STEP) program and find out if your company qualifies to receive a matching grant to offset Gold Key Service and travel expenses related to this trade mission.

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Mountain States Trade Mission to Colombia and Panama

Zions Bank, in cooperation with the World Trade Center Utah and the U.S. Commercial Service is organizing a trade mission to Colombia and Panama, February 9-15, 2014.  This trade mission is an excellent opportunity to meet potential partners or buyers in two of the most dynamic markets in the Western Hemisphere.  Last year’s implementation of the U.S.-Colombia and U.S.-Panama Free Trade Agreements provides a tremendous framework for U.S. companies to access such market opportunities.

Best prospect sectors for U.S. companies in Colombia and related industry reports

Colombia is the only country in South America with two seacoasts (Pacific and Caribbean), which provides tactical shipping advantages in today’s global market. Aided by major security improvements, steady economic growth, and moderate inflation, Colombia has become a free market economy with major commercial and investment ties to the United States, Europe, Asia, and Latin America. With the implementation of the U.S.-Colombia Free Trade Agreement on May 15, 2012, Colombia is one of the largest markets for U.S. exports in Latin America.

Best prospect sectors for U.S. companies in Panama and related industry reports

Panama has historically served as the crossroads of trade for the Americas. Its strategic location as a bridge between two oceans and the meeting of two continents has made Panama not only a maritime and air transport hub, but also an international trading, banking, and services center. Panama’s global and regional prominence is being enhanced by trade liberalization and privatization and it is participating actively in the hemispheric movement toward free trade agreements. Panama’s dollar-based economy offers low inflation in comparison with neighboring countries and zero foreign exchange risk. With average GDP growth rates of 8.5 percent, Panama’s per capita GDP has more than doubled over the past decade.

What the trade mission will offer you and your business in Colombia and Panama:

  • Meet prescreened business contacts face-to-face, including potential agents, distributors, buyers and joint-venture partners, in one-on-one appointments scheduled for you in advance, through the U.S. Commercial Service’s Gold Key Service.
  • Connect with industry decision-makers and government officials at VIP networking receptions.
  • Engage with U.S. and Colombian and Panamanian business leaders already successfully operating in Colombia and Panama. Assess the business climate, trade policies and market opportunities to determine if Colombia and Panama is right for your business.
  • Enjoy group business and cultural excursions in both Bogota and Panama City.

Deadline to register for Gold Key Service programming is
Friday, December 13, 2013.

STEP program information:

Ariel Briggs
abriggs@utah.gov
801-538-8778

Logistics and fees information:

Tausha Dingman
tausha.dingman@zionsbank.com
801-309-0950

Gold Key Service information:

Dave Fiscus
david.fiscus@trade.gov
801-255-1873