Governor Deval Patrick today delivered the keynote address at the Brandeis International Business School's Global Trade Summit, announcing that he will welcome President of Brazil Dilma Rousseff to the State House on Tuesday, April 10. The President's visit is a direct result of Governor Patrick's 2011 trade mission to Brazil. President Rousseff's only other stop in the United States is Washington, D.C., where part of her itinerary includes meeting with President Barack Obama.
"I look forward to welcoming President Rousseff to the State House next week," said Governor Patrick. "As one of the fastest growing economies in the world, Brazil is an important commercial and cultural partner for Massachusetts and we are honored that the President will make time for us during her short time in the states."
The visit by President Rousseff follows the Governor's Innovation Economy trade mission to Brazil in December 2011, which included meetings with Brazilian government and business leaders and helped build a foundation for a strong business relationship with the South American country. Brazil has the sixth-largest economy in the world according to the Centre for Economics and Business Research and Massachusetts exported more than $450 million in goods and services to Brazil in 2011.
The second-annual Global Trade Summit is a one-day conference hosted by the Brandeis International Business School designed for professionals seeking to understand and succeed in global markets. The Summit is designed to help companies identify and take advantage of international business opportunities and features more than 25 experts on successful international business strategies and important economic trends. The Summit focused specifically on opportunities in the emerging markets of Brazil, India, Israel and Turkey.
"The Global Trade Summit is further testament to the strong message we bring to the international marketplace when academia, business and government pull in the same direction," said Ken Brown, Executive Director of the Massachusetts Office of International Trade and Investment.
"As a globally focused business school, we recognize the importance of building bridges between business, government and academia with respect to emerging and innovating economies," said Brandeis International Business School Dean Bruce R. Magid, who participated in the Governor's 2011 trade mission to Brazil. "We view this as a unique opportunity for leaders from these fields to learn from one other so that they can more effectively conduct business in the international marketplace."
Massachusetts has seen continued growth in export values since 2009. The value of goods and services exported by Massachusetts grew from $23.6 billion in 2009 to $27.7 billion in 2011, a 17.4 percent growth.
In March 2011, Governor Patrick led a coalition of state leaders on a trade mission to Israel and the United Kingdom. Building on Massachusetts' already strong global relationships, the mission advanced the Commonwealth's standing as a worldwide leader in the innovation industries, strengthened the state's global competitive advantage and delivered concrete results for the Commonwealth.
Following the mission, EarlySense, an Israeli biotech company, established its U.S. headquarters in Waltham and the Massachusetts-Israel Innovation Partnership -- a $2 million grant program -- was launched to promote research collaborations, industrial partnerships and commercialization of new technologies. The Partnership expands opportunities for job growth in Massachusetts and Israel.
While in Brazil, the Governor participated in a groundbreaking for EMC's "big data" research center at Federal University in Rio de Janeiro, supported a meeting between start-ups from Endeavor Brazil and MassChallenge and participated in the signing of an agreement between Massachusetts-based Akami and Brazilian television subscription company Sky for video rental service services.
Also during the trade mission, the Governor signed a memorandum of understanding between UMass-Amherst and the Brazilian Agricultural Research Corporation to support economic development and job creation in agribusiness and announced an initiative through the TOP USA-Massachusetts Program that will promote an academic exchange between faculty and students from Brazilian universities and American institutions, including the UMass system. President Rousseff's visit will build upon these successes.