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Check out Secretary of Commerce Penny Pritzker's latest post on Linkedin!


Upcoming Events:

 

  • June 3, 2016 is the next ArDEC quarterly meeting which will include a tour of the Pernod Ricard plant in Fort Smith. This event is open the the public.

  • June 22, 2016 ArDEC will offer an Export University 101 course in Jonesboro.

  • June 29, 2016 ArDEC will offer an Export University 101 course in Camden.

 

For more information on any of these events, contact William Burgess at chairman@arkansasexport.com.

 


 

Recent Events:

 

President's E Award for Exports

May 20, 2016 

 

Power Technology, Inc. and Keith Smith Company received the President's E Award for Exports on May 16, 2016. The President's E Award was created by Executive Order of the President to highlight and encourage persons, firms, or organizations which contribute significantly in the effort to increase United States exports. This is the highest honor given to the nation's top exporters.

 


 

 

Involvement in TTIP Business Ambassadors' Program

March 18, 2016

 

Lenka Horakova, ArDEC Member and Director, Business Development-Europe at the Arkansas Economic Development Commission was invited to participate as a state representative at the TTIP Business Ambassadors’ Program on March 16-18 in Washington, DC.

 

She says that “Arkansas companies are poised to benefit when Transatlantic Trade & Investment Partnership (TTIP) passes". Successful implementation of TTIP is estimated to increase Arkansas’ exports to the EU by 26.6 percent and could boost net employment by up to 6,210 jobs. Top sectors by export increase include other transportation equipment (+292 million, chemicals (+190million), metals and metal products (+144 million) and motor vehicles (+81 million). Estimated job growth in  key Arkansas’ sector include business services (+907 jobs), non-electric machinery mfg. (+228 jobs), metals and metal products mfg. (+161 jobs) and financial services (+103 jobs).

 

This free trade agreement between the US and EU will directly benefit consumers by widening the range of products available. It will also reduce trade costs, leading to cheaper goods and increased job opportunities. In the US, households stand to gain $865 annually. TTIP could add $125 billion to the US economy and create 740,000 jobs. The agreement could increase states’ exports to the EU by  over a third on average.

 


 

 

Executive Committee Meets with Congressman Westerman

January 19, 2016

 



On Tuesday, January 19, several members of the DEC Executive Committee met with Congressman Bruce Westerman in his district office to discuss several trade related matters. Among the issues were the importance of Free Trade and the effects of the Trans Pacific Partnership Agreement (TPPA), which is expected to increase the already growing exports from the state of Arkansas.

Over $3 Billion in goods were exported from Arkansas to TPP countries in 2014, which accounts for 43% of Arkansas' total exports. Nearly 1,100 Arkansas companies exported to these markets, 3/4 of which are small-medium sized businesses.

 

 
 

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William Burgess 

chairman@ArkansasExport.com

501-529-0212 

 

Arkansas District Export Council • 425 West Capitol Avenue • Suite 425 • Little Rock, AR 72201 • Tel: 501-324-5794 • Fax: 501-324-7380
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