Tagged: trade mission

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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.

Auto/Economy
10:54 am
Sun September 25, 2011

Four Midwestern governors in Asia for trade

(Springfield, IL)  Governor Rick Snyder is in Asia on a trade mission to China, Korea and Japan.  He’s not the only Midwestern governor there.  The governors of Minnesota, Iowa, Illinois and Indiana's Lt. Governor are also taking trade delegations to Asia. 

The four Midwestern governors will be meeting  in Japan with Japanese and other Asian political and business leaders.   They’re working to kick start trade with Asian countries.  China is particularly important because it’s one of the few nations where the economy is growing.

Charlie Wheeler was a long time statehouse reporter in Illinois.   He says  the chief executive officer of a state can carry symbolic weight in trade negotiations.

“And I think it makes a lot of sense for the Governor of Illinois, of Michigan and any other Midwestern state, any state in the union for that matter, to try and open up more markets in China, to establish the kind of personal relationships that in the business world often help to carry out these negotiations.”

The governor of North Carolina will be  next in the parade of U.S. governors touring Asia. She leaves for a trade mission there next month.

Trade Mission
1:01 pm
Fri September 23, 2011

How much will Governor Snyder's trip to Asia cost? TBD

Credit Trey Ratcliff / Flickr
Shanghai, China is one of the stops on Governor Rick Snyder's trade mission to Asia.

Tomorrow, Governor Rick Snyder heads off to Asia with a delegation of Michigan political leaders and business officials on a trade mission.

He'll spend a week traveling to Japan, China, and South Korea.

Michigan Radio's Tracy Samilton will travel with the Governor and report on the stops in Shanghai and and Beijing.

Samilton reported on Governor Snyder's goals for the trip:

The ultimate goal is creating more jobs in the state.  But the Governor has been careful to downplay expectations of new jobs right away. 

 "In terms of specific deals to be announced," Snyder says, "I don’t have high expectations there.  This is more about starting the relationships and then looking six months, a year out, after subsequent meetings and followup and discussions, will there be actual investment or will there be more exports.

So, how much?

We asked our Facebook fans what they wanted to know about Snyder's trade mission.

Many were curious to know how much is being spent on the trip. 

Samilton put this question to Michael Shore at the Michigan Economic Development Corporation.

Here's his response:

  • The trade mission costs will come either from contributions to the Michigan Economic Development foundation, a non-profit that supports economic development in Michigan through corporate contributions, or from MEDC corporate revenues, which derive from sources other than the state general fund. No taxpayer dollars are being spent for those traveling on behalf of the State of Michigan.

MEDC officials followed up that e-mail with this:

  • Local officials and other non-state of Michigan people going on the trip are responsible for paying their own way. The cost of the trip will be disclosed after the trade mission.

So the cost is to be determined, but they wanted to make clear that "no taxpayer dollars [will be] used to fund the State of Michigan official delegation, which includes the Governor."

Other trade trips by Michigan Governors

The last Michigan Governor to visit China was former-Governor John Engler.

Former Governor Jennifer Granholm never made a trip to the country, though she did take many trade trips, according to Crain's Detroit Business:

...Jennifer Granholm was active in going abroad and led 13 overseas trade missions to 10 countries, including Japan and South Korea.

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Snyder trade mission
12:57 am
Fri September 23, 2011

Snyder: First trade mission about building relationships

Governor Rick Snyder begins his first trade mission this weekend.  

The governor’s whirlwind schedule includes two days in Tokyo, one day in Beijing, one day in Shanghai, and one day in Seoul – not including two days of travel. 

The ultimate goal is creating more jobs in the state.  But the Governor has been careful to downplay expectations of new jobs right away. 

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Snyder trade mission
12:05 am
Tue September 13, 2011

Trip to China "long overdue," says Michigan Governor Rick Snyder

Governor Snyder will travel on his first trade mission later this month.  The Governor will travel to Japan, China, and Korea, to encourage Asian companies to invest and expand in Michigan. 

Snyder says the China part of his trip in particular is long overdue. 

Snyder will be the first Michigan governor to go to China since the Engler administration.

He says Chinese companies may not be aware that a lot has changed for the good in the state since then, like the elimination of the Michigan Business Tax, and a new approach to regulation.

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