Missouri – Missouri’s economic landscape is poised for further international expansion as Governor Mike Parson, accompanied by First Lady Teresa Parson, will embark on a trade mission to Italy from May 18 – 25.
This journey underscores Italy’s role as a crucial trade partner and a significant source of foreign direct investment for Missouri, evidenced by over $169 million in exports to the country in 2023.
Efforts to Enhance Missouri’s Development
The primary objective of this Trade Mission aligns with Governor Parson’s ongoing efforts to enhance Missouri’s infrastructure and economic development. The visit is strategically planned to foster relationships with influential international figures, reinforcing Missouri’s reputation as a premier location for business investments and expansions.
Governor Parson expressed enthusiasm about the mission, highlighting the opportunity to engage with Italian business leaders. “Given the importance of international trade to our economy, we’re excited to again promote Missouri as an ideal business location,” said Governor Parson.
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Parson added, “Italy is home to several leading companies that have already invested in our state while growing and creating jobs for Missourians. We look forward to thanking Italian business leaders for their partnerships while demonstrating to others that our state has what it takes to support their success.”
Scheduled Engagements and Economic Dialogues
The Governor’s itinerary includes strategic stops in Milan and Rome. These cities are pivotal to understanding and penetrating Italy’s business dynamics. In Milan, Governor Parson is scheduled to meet with the U.S. Consul General and the U.S. Commercial Services team, which play integral roles in facilitating international trade and investment. Further engagements will continue in Rome, where he is set to meet the U.S. Ambassador.
During his stay, Governor Parson will engage with both established and potential Italian investors. Meetings are lined up with executives from prominent companies such as PIVA Group, Leonardo DRS, TAB, Buzzi Unicem, Principe Foods, Serioplast, and Reply, which already have fruitful partnerships with Missouri. These discussions are expected to foster deeper business relationships and explore new avenues for collaboration.
Moreover, Governor Parson will engage with major Italian business organizations, including the Council of Regions in Rome, to discuss future investment opportunities and economic cooperation.
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Impact and Expectations
This Trade Mission is anticipated to bolster Missouri’s economic ties with Italy, promoting increased trade and investment that benefit both regions. The state’s exports, including leather, machinery, and chemicals, highlight the diverse range of products that appeal to the Italian market.
Governor Parson’s proactive approach in leading his eighth Trade Mission since his tenure began demonstrates a committed strategy to enhance Missouri’s global economic footprint and ensure continued prosperity through international cooperation.
