Los Angeles – Mayor Eric Garcetti welcomed over 250 business leaders to the L.A. Area Chamber’s Fifth Annual Americas Business Forum held at UCLA. The two-day event provided manufacturers and exporters the opportunity of evaluating business opportunities in Canada, Brazil, Mexico, Colombia, Peru and other developing markets in Latin America.
Business executives attended country briefings, seminars on export financing, market strategies and discussions on the benefits of the free trade agreements in the region. Some of the attendees scheduled 220 one-on-one meetings with U.S. Senior Commercial Officers to identify export sales opportunities. More than $16 million in new export sales were generated by companies that participated in the one-on-one meetings with U.S. Senior Commercial Officers during previous forums.
"The Americas Business Forum is not just about connections but results. There is nothing like meeting face to face with people and building those relationships," said Mayor Garcetti. "L.A. seeks to be the most prominent hub and is brimming with opportunity. As mayor I will have a laser like focus on trade and jobs ... and together we will be stronger."
The event included remarks from Judy Rising Reinke, Deputy Director General U.S. & Foreign Commercial Services, and other international experts who discussed the strategic need for increasing exports, and best practices to be a successful global competitor.
“Exporting products and services to Canada and growing economies in Latin America is one of the best strategies to mitigate the slow growth of our economy,” said L.A. Area Chamber Senior Vice President of Global Initiatives Carlos J. Valderrama. “We are proud to partner with the U.S. Foreign and Commercial Service to help our region’s businesses realize these opportunities while also helping to create jobs through exports.”
The Americas Business Forum is held in partnership with the University of California, Los Angeles, the City of Los Angeles and the U.S. Department of Commerce.
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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.