Our Work

Strengthening Trade Ties with Latin America

SGA's 2012 Chairman, Puerto Rico Governor Luis Fortuño is focused on expanding regional economic development efforts by positioning the American South as a leading trade partner with Latin American countries as a means of supporting and encouraging job growth.  Specifically, his "Strengthening Trade Ties with Latin America" initiative features activities that support Southern Governors' efforts to increase exports to Latin American countries by taking advantage of recently passed Free Trade Agreements (FTAs), particularly with Panama.

The initiative includes:

  • Developing and strengthening strategic alliances between Southern states and emerging markets in Latin America and the Caribbean.
  • Supporting the economic development efforts of member states through regional international trade initiatives.
  • Coordinating a SGA trade mission to Panama.
  • Promoting an economic development policy platform that provides value-added support to SGA Governors' economic development programs.

During SGA's Winter Business Meeting, Southern Governors heard from a panel of international trade experts and reviewed the itinerary for a trade mission to Panama to be comprised of state government officials and business representatives from throughout the region.  U.S. Trade Representative Ambassador Ron Kirk, Undersecretary for the International Trade Administration at the U.S. Department of Commerce Francisco Sanchez and the Chairman and President of the Export-Import Bank Fred Hochberg laid out the current state of play on the implementation of the FTAs, the newest opportunities offered as a result of the FTAs that should be factoring into SGA's Latin American export initiatives and the financial tools that are available to support the Southern private sector’s efforts to grow their markets through export.

Governors discussed plans for the American South trade mission to Panama, which includes a private meeting with Panamanian President Ricardo Martinelli, and reviewed marketing materials to be distributed at a special meeting hosted by the American Chamber of Commerce in Panama (PAN AMCHAM) and at Expocomer, one of the largest trade show in Latin America.

Click here to view photos of the SGA trade mission to Panama.
Click here to view the promotional video "Strengthening Trade Ties with Latin America."
To view marketing materials produced for the trade mission, click below:
     Trade brochure in English
     Trade brochure in Spanish
     Regional map and logistics information