Iowa Governor Terry E. Branstad and Iowa Economic Development Authority director Debi Durham led a trade mission to Brazil and Chile July 21-28 with the aim of expanding trade and investment opportunities. The governor and IEDA director were accompanied by representatives from Iowa companies.
Chile and Brazil are a key international partners of the state of Iowa. Trade missions like this one benefit Iowa, Brazil and Chile in terms of developing mutually beneficial commercial relationships and raising awareness of how Iowa is truly an attractive and vibrant place for business. Brazil is Iowa’s sixth-largest trading partner, with exports exceeding $527 million in 2011 – a nearly 50% increase over 2010. Chile is Iowa’s 19th-largest export destination, with exports of over $88 million in 2011.
"We are honored to visit both Brazil and Chile and anticipate that our trade mission will help build on Iowa's past success and strengthen our business partnership with these countries," said Iowa Economic Development Authority director Debi Durham. "Both Brazil and Chile remain key destinations for many Iowa products so it is essential that we maintain these significant business ties and cultivate new ones."
The delegation’s itinerary highlights while in Brazil and Chile include meetings with government and industry association officials, market briefings and hosting several “Growing Iowa’s Global Partnerships” events.