International Trade and Diplomacy
OVERVIEW We are growing Utah’s economy by: 1. Foreign Direct Investment (FDI): facilitating FDI opportunities in Utah through the promotion of Utah’s dedicated workforce and vibrant economy to foreign investors. 2. Global Market Development: assisting Utah businesses to secure international business contacts and increase goods and service exports. 3. Diplomacy: facilitating diplomacy meetings for the State and leveraging diplomatic contacts to develop and expand foreign markets for Utah. Foreign Direct Investment Utah has a stable and business friendly climate. It consistently receives recognition for its low operating costs, high economic growth and excellent governance. Innovation, industry, education and good governance culminate in Utah to create a diverse and thriving economy that is now home to multiple world-class corporations. The importance of the U.S. market to global firms will continue to facilitate inward investment opportunities into the various states. Utah’s unique advantages provide excellent opportunities to bring many of those global companies here.
Frank Joklik, Honorary Consul of the United Kingdom in Utah, Governor Gary R. Herbert and Sir Peter Westcott, Ambassador of the United Kingdom during the Ambassador’s diplomatic visit to Utah. Governor’s Office of Economic Development • 2014 Annual Report • www.business.utah.gov
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