World Trade Center Utah

OVERVIEW

The mission of the World Trade Center Utah (WTC Utah) is to help Utah companies think, act, and succeed globally . WTC Utah is a licensed and certified member of the World Trade Centers Association headquartered in New York City, a network of 300 WTC’s in 100 countries around the world focused on facilitating prosperity through trade and investment

Our strategic partners include the Governor’s Office of Economic Development, Salt Lake Chamber of Commerce, U S Commercial Service, Economic Development Corporation of Utah, Utah Technology Council, Utah Manufacturers Association, USTAR and the state’s Institutions of Higher Education Working with these partners, WTC Utah is leveraging the state’s unique cultural, educational, economic and foreign language capabilities to expand the reach of and create new opportunities for Utah’s business community

WTC Utah accomplishes its mission through four key objectives:

First, we motivate and educate Utah businesses to expand their global presence through our Global Utah newsletter and training seminars focused on topics of international business development, specific international trade issues and regional export opportunities

Second, we build Utah businesses’ capacity for international trade through B2B consultation including customized market intelligence reports, country and industry specific connections and resources, export related expertise, and World Bank procurement consultations by a Private Sector Liaison Officer to the World Bank Group who is based out of WTC Utah

Third, we expand Utah’s global reach through hosting regional and state-wide international business forums and networking opportunities including international diplomacy events honoring ambassadors and senior ranking economic development officials from all over the world The Utah delegation was greeted warmly by the State of Mexico Governor Eruviel Ávila Villegas.

Fourth, we support our partners in trade missions, diplomatic visits, increasing foreign direct investment in Utah and advocacy of issues that promote free trade

In 2013, WTC Utah led business missions to Romania, Panama, Colombia and France; supported state-led trade missions to the UK, Peru and Mexico; and offered opportunities for energy sector companies to participate in the World Bank PSLO Energy Mission at the World Bank headquarters in Washington, DC WTC Utah hosted more than 20 foreign delegations, trained more than 700 individuals in our educational seminars and workshops, and provided individual consultations to more than 200 companies and entrepreneurs on international trade and World Bank related issues Additionally, WTC Utah cosponsored the first Utah Women in Global Business and Trade conference featuring the first recipient of the International Women of the Year award

According to the U S Census Bureau data, Utah exports exceeded $16 billion in 2013 ($7.8 billion not including precious metals) Eighty-eight percent of Utah exporters are small to medium sized businesses (less than 500 employees) 90,000 jobs in Utah are directly tied to exporting and 350,000 jobs in Utah are related to international trade Utah’s top export destinations include Hong Kong, China, Canada and the United Kingdom

WTC Utah trade mission participants visiting World Trade Center Bogota, Columbia. Governor Herbert visited Parliament during the UK Trade Mission.

For additional information about the World Trade Center Utah please visit wtcutah.com or call 801-532-8080 Derek B. Miller, President and CEO