Florida Chamber dialogues with South Korea, Taiwan for trade growth

Florida’s Chamber of Commerce is currently on a mission led by Enterprise Florida Inc. to South Korea and Taiwan to facilitate trade channels with these Far East nations and ramp up Florida’s growing global presence.

With 95 percent of the world’s consumers residing outside U.S. borders, the Florida Chamber sees enhanced global trading as a springboard to long-term economic growth. Chamber EVP David Hart will speak before leaders and entrepreneurs while on the Far East trip.

“International trade allows Florida companies to reach these consumers and helps our state create jobs and economic opportunity, and remain the global hub for trade and logistics,” Alice Ancona, who directs the chamber's global outreach, said. “By joining Enterprise Florida on this Export Development Trade Mission, we are able to share why international matters to Florida.”

The state has a strong track record of trade with South Korea — currently exporting over $702 million in commodities and importing $1.9 billion — and Taiwan ($238 million in commodities exports). It also possesses a geographically advantageous location and solid infrastructure. Four of its ports  — Miami, Palm Beach, Everglades and JAXPORT — are among the nation’s fastest growing, while air cargo accounts for a large portion of the state’s internationally derived revenue.

“Building relationships in emerging and growing global economies is an essential tool for Florida to remain competitive,” Jim Pyburn, business development director for Port Everglades, said. “Here in South Korea and Taiwan, we are getting a hands-on look at just how beneficial these relationships can be.”

The Florida Chamber is committed to maintaining Free Trade Agreements (FTA) to generate continuing economic opportunity.

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