July 8, 2020
Tuesday, February 9, 2016
Enterprise Florida to Lead Export Sales Mission to Korea & Taiwan
MIAMI, Fla. (January 29, 2016) – Florida Secretary of Commerce and President & CEO of Enterprise Florida, Inc. (EFI) Bill Johnson will lead EFI’s export sales mission to Korea and Taiwan from April 15 through 23. During the mission, EFI will offer 15 Gold Key Matchmaking appointments for participating Florida companies. The pre-screened meetings allow participants to talk one-on-one with qualified companies interested in forming trade relationships with Florida businesses.
Secretary Johnson said, “The Korean and Taiwanese economies are growing and present great opportunities for Florida companies to expand in the Asia market. Our team and the U.S. Department of Commerce Gold Key Matchmaking Service provide important assistance and programs to our small and mid-sized businesses, allowing them to make the most of their time during these missions. We’re looking forward to another successful trip.”
Over the past several decades, South Korea has achieved a remarkably high level of economic growth and is now the United States’ sixth-largest trading partner. The Korea-United States Free Trade Agreement underscores the depth of bilateral trade ties. The agreement boosts exports by billions of dollars annually for both sides and creates new export-related jobs in the U.S. and South Korea. Major U.S. firms have long been leading investors in South Korea and South Korea’s top firms have made significant investments in the U.S. Florida companies will find excellent niche markets for their goods and services across virtually every sector.
South Korea provides Florida exporters a wide range of opportunities. Target industries include:
With a population of 23 million, Taiwan is a thriving, vibrant economy and a highly attractive export market for U.S. companies. In 2014, Taiwan was ranked as the United States’ 10th largest trading partner in goods and 14th largest U.S. export market overall.
American products are well represented in the market and Taiwan is a good target market for high-quality, differentiated products and commodity items.
The two markets share several characteristics, including similar levels of disposable income, consumption patterns, regulatory structures and a common interest in U.S. products.
Taiwan provides Florida exporters a wide range of opportunities for U.S. goods and services, including:
During the mission, EFI will offer 15 Gold Key Matchmaking appointments for participating Florida companies. The pre-screened meetings allow participants to talk one-on-one with qualified companies interested in forming trade relationships with Florida businesses. The price of this service is $2,600 for the first company representative and $500 for additional participants. Small and mid-sized Florida manufacturers, high-tech companies and professional service providers may qualify for a Gold Key Grant, which will offset 100 percent of the registration fee for the first company representative.
The registration deadline for Gold Key and delegates is February 19, 2016.
EFI maintains an extensive schedule of overseas trade missions and exhibitions worldwide to assist Florida companies in effectively entering and expanding into foreign markets.