LOS ANGELES — The Los Angeles Area Chamber of Commerce announced today that it will be coordinating with Governor Arnold Schwarzenegger’s office to form a delegation charged with promoting California in South Korea during a fall trade mission to Asia.
Governor Schwarzenegger’s trade mission — which includes stops in China, Japan and Korea — will be used to promote California, bolster trade relations and encourage investment and with the exception of security costs, will come at zero cost to California taxpayers.
“The Chamber is honored to be working with Governor Schwarzenegger to expand international trade and investment opportunities for our state,” said L.A. Area Chamber President & CEO Gary Toebben. “Our focus will be on further exploring High-speed Rail, promoting exports and travel and tourism, which will benefit all Californians.”
China, Japan and Korea rank as California’s third, fourth and fifth trading partners, respectively and travel alone from all three countries contributes a combined $1.5 billion in annual visitor spending to the California economy.
“China, Japan and Korea represent three of California’s most important trading partners and I am looking forward to visiting these countries to learn more about their innovative High Speed Rail technologies and promote California’s people, products and places,” said Governor Arnold Schwarzenegger. “I promised when I became Governor that a top priority would be selling this state around the world, and this mission will play a vital role in keeping up trade relations and advance California’s trade priorities with our partners in Asia.”
Governor Schwarzenegger conducted his first trade mission to China and Japan in 2005 with successful results — two years ago, for the first time in history, California's strawberries were legally exported to Beijing for the Olympics.
Final confirmation on the delegation’s public meetings, appearances and events with top government and business officials while on this trade mission will be forthcoming.
The Los Angeles Area Chamber of Commerce represents the interests of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com.