Wisconsin Department of Commerce Newsletter
Governor Leading Trade Mission to Central Europe
Wisconsin businesses interested in initiating or increasing exporting sales to the new Central Europe can join Gov. Jim Doyle's Trade Mission the Czech Republic and Poland from Nov. 8-16, 2005.
Central Europe holds great promise for Wisconsin companies seeking to build their export volume. In the first quarter of 2005, Wisconsin exports are up 142 percent to Poland and up 109 percent to the Czech Republic. Poland has the largest economy ($427B) of the 10 states that joined the EU in 2004. Its 40 million citizens make it the sixth largest market in the expanded EU. Poland is a pro-American society and is often referred to as our closest friend in Europe. The Czech Republic is one of the most stable and prosperous of the post-Communist states in Central and Eastern Europe. It is the top-ranked Eastern European country based on business environment.
The Czech and Polish currencies are strong against the US Dollar, and neither country is yet a member of the euro-zone. This provides a cost benefit to US exporters. Poland and the Czech Republic are also gateways to the other growing markets in Central and Eastern Europe. Both markets have strong potential for Wisconsin manufacturers of industrial machinery, environmental and pollution-control equipment, medical devices and transportation equipment.
Business participants of the mission will have appointment schedules tailored to their firm's specific needs. One-on-one appointments can be arranged you with:
Staff from the Department of Commerce and the Department of Agriculture, Trade and Consumer Protection will be available before, during, and after the mission to assist Wisconsin firms plan and implement long-range international sales efforts.
Companies interested in joining the mission can contact:
- Stanley Pfrang
The newsletter is issued electronically every other month.
Please send comments or questions to Barbro McGinn, editor.