MN Governor, Delegates Return from Overseas Trade Mission

By KBJR News 1

June 28, 2013 Updated Jun 28, 2013 at 5:16 PM CDT

St. Paul, MN (NNCNOW.com) - Minnesota Governor Mark Dayton and representatives from state businesses and organizations are back on U-S soil following a trade mission overseas.

The group met with leaders of several countries with the hopes of increasing exports and attracting foreign direct investment opportunities.

The ten day mission took the Governor, state officials and business leaders to Germany, Sweden and Norway.

DEED Commissioner Katie Clark Sieben said those countries are vital trade partners that account for nearly $1 billion in annual exports from Minnesota.

Medical devices, machinery, electrical machinery and transportation equipment are among the Minnesota industries with strong export markets in the countries visited.

Delegates worked to find new customers interested in buying Minnesota's high-quality products and attract foreign investors.

"It's a good time to be in Norway, Sweden, Germany, specifically. Germany is our 5th largest expert market, our 3rd largest foreign direct investment market. Norway and Sweden's economy are strong, a lot of opportunities for direct foreign investment from these countries," Commissioner Sieben said.

Organizations represented on the trip included Minnesota Universities, 3M and other businesses.

The Commissioner said it was eye opening to see how deep Minnesota's ties are with these countries. Two thirds of the state's population claim ancestry to one of those countries.

Minnesota officials also announced during the trip that a new office to promote Minnesota exports will open in Germany. There is already a trade office in China.

You can learn more about the trade mission and other Employment and Economic development news in Minnesota on Northland Voices this Sunday morning at 7:30 on KDLH 3.

Kevin Jacobsen
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