Utah Trade Delegation Travels to Europe to Elevate Global Partnerships and Boost Trade
Gov. Cox speaks at a celebration of Utah-French Partnerships and signs the RegionSUD MOU. (June 19, 2023)
SALT LAKE CITY, UT (June 16, 2023) — Gov. Cox is leading a delegation of 41 Utah businesses and organizations on a trade mission to France and the United Kingdom from June 19-23, 2023.
Paris and London are ideal entry points into the multi-billion-dollar market between Utah and Europe, serving as international hubs for finance and innovation. The United Kingdom is Utah’s biggest trade partner — in 2022 alone, exports from Utah to the U.K. exceeded $7 billion. While the U.K. has long been a bustling hub for international commerce, it is making a renewed effort to be open for business with the U.S., particularly states like Utah, in the post-Brexit economy.
France is Utah’s second-largest trade partner in the European Union and home to the Paris Air Show, the largest international aerospace show in the world. The trade mission will take place in conjunction with the show, where 10 Utah aerospace companies will exhibit in the state booth. With France’s 2030 investment plan to transform its top industries, such as transportation and healthcare, there are ample opportunities for Utah companies to forge innovative and ambitious partnerships.
During last year’s governor-led business trip to Mexico in April and trade mission to Israel, Qatar, and the UAE in September, the Utah delegations participated in nearly 150 meetings and garnered a combined $52.2 million in New Trade Opportunities for the state.*
The state of Utah’s trade missions and shows are organized by the Governor's Office of Economic Opportunity and World Trade Center Utah.
*New Trade Opportunities (NTO) = $ Actual Sales and/or Sourcing + $ Prospective Sales and/or Sourcing + $ Actual Investment for Utah businesses resulting from trade and/or investment activity and as reported by businesses in client impact statements.
About World Trade Center Utah
World Trade Center Utah is a private, nonprofit organization that’s mission is to accelerate growth for Utah companies through our global network, programs and services. Officially joining the World Trade Center Association in 2007, the organization has helped companies throughout the state actualize their global potential and was recognized with the 2021 President’s “E” Award for Export Service — the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports. For more information, visit wtcutah.com or follow @WTCUtah on Twitter, LinkedIn, Instagram and Facebook.
About the utah governor’s office of economic opportunity
Under Gov. Spencer J. Cox’s direction, the Governor’s Office of Economic Opportunity provides resources and support for business creation, growth, and recruitment. It also drives increased tourism and film production in Utah. As stewards of Utah’s economy and quality of life, the Economic Opportunity office utilizes federal, state, and private sector resources to administer programs in areas demonstrating the highest potential for economic development and the most opportunity for Utahns.
