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Missouri reaches $4.4 billion trade agreement with China

Monday, October 24, 2011 | 10:13 a.m. CDT; updated 2:36 p.m. CDT, Monday, October 24, 2011

JEFFERSON CITY — Gov. Jay Nixon said Missouri has reached an agreement to sell $4.4 billion worth of products to China through 2014.

Nixon said Monday that the deal includes an emphasis on selling Missouri agricultural products. The trade agreement is between the state Department of Economic Development and the China Council for the Promotion of International Trade.

Nixon said the agreement will increase Missouri's exports to China by more than $1 billion from 2012 to 2014. He said it is an important step for helping the state's economy.

The Missouri governor is to be in China for about a week. Nixon also is scheduled to meet with the American ambassador to China and to speak to the American Chamber of Commerce.

 


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