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Date: 2016-08-12

Discover Global Markets: Free Trade Agreement Countries (September 9-10)

Lucas Blankenship

A free trade agreement (FTA) is a treaty between two or more countries that reduces trade barriers and encourages transparent trading and investing among member countries. Consistently, free trade agreements have benefited United States exporters by making foreign markets more accessible and by creating a more stable and transparent trade environment. In 2012, nearly half of US goods exports went to FTA partner countries and the US manufacturing sector alone realized a $59.7 billion trade surplus. Currently, the United States has 14 free trade agreements in place with 20 countries and is in the process of negotiating two additional FTAs.

On September 9-10, the Discover Global Markets Business Forum Series is coming to Detroit, Michigan. This two-day event, which is co-sponsored by the Michigan State University Center for International Business Education & Research, is part of a national series of conferences that aims to help US businesses compete, win, and grow in the international marketplace. The theme of the Detroit conference is free trade agreement countries and participants will learn how to gain access to emerging markets, leverage government contacts and resources to compete successfully, and obtain the tools necessary to succeed in foreign markets. Conference participants will have the opportunity to attend pre-scheduled one-on-one meetings with international trade diplomats and attend sessions led by executives from companies such as Ford, UPS, General Motors, and Chrysler and even the Under Secretary of Commerce for International Trade.


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