Economy
12:59 pm
Mon September 26, 2011

Snyder in Tokyo: Michigan retooled for trade

LANSING, Mich. (AP) - Michigan Gov. Rick Snyder has told a Tokyo audience of Midwestern and Japanese business and political leaders that Michigan is "a very different place" than it was when he
took office in January.

A statement released Monday by Snyder's office says the Republican governor told the annual meeting of the Japan Midwest U.S. Association that legislative and policy changes should "open new doors for trade" between Michigan and Japan. Changes cited by Snyder include repealing the Michigan Business Tax and adopting a two-year balanced budget.

Snyder's eight-day, three country trade mission that began Sunday includes stops in Japan, China and South Korea.

The international trade trip is Snyder's first as governor. The former Gateway computer executive and venture capitalist took office Jan. 1.