RI gov says trade missions benefiting businesses
PROVIDENCE, R.I. (AP) — Recent trade trips to Canada, the Dominican Republic and Panama may be paying off for Rhode Island businesses.
Gov. Lincoln Chafee announced Thursday that the 11 companies who participated in the trade missions generated 45 new business leads that could result in as much as $3 million in new sales.
Six companies travelled to Nova Scotia for a defense and aerospace exhibition. Five participated in trade missions to Panama and the Dominican Republic. The trips took place in September and were organized by the state's Economic Development Corp. and the John H. Chafee Center for International Business at Bryant University.
The chief executive officer of jewelry maker Alex and Ani says the trip to Panama and the Dominican Republic will help expand the company's international distribution.