Gov. Dave Heineman will send State Agriculture Director Greg Ibach to Beijing, China to represent Nebraska at a workshop on U.S.-China investment in agriculture and bio-energy.
China is Nebraska’s fourth largest trading partner and its fastest growing trade partner.
Heineman tells reporters during a conference call that China will play a critical role in Nebraska’s economic growth in the future. Heineman says building relationships is the most important factor in dealing with China as a trade partner and this week Ibach will have another opportunity to build those relationships.
The Paulson Institute, the Chinese Agricultural Association for International Exchange and the Chinese Ministry of Agriculture will coordinate the event entitled, “Seizing Investment Opportunities in Agribusiness: A U.S.-China Workshop.”
Ibach will make a presentation at the workshop Friday on the opportunity for Chinese companies to add value to Nebraska-grown commodities within the state’s borders. Ibach says Nebraska typically exports corn and soybeans as commodities. He sees opportunity in China adding value to those raw products through processing and food manufacturing.
Former United States Treasury Secretary Henry Paulson, Jr. chairs the Paulson Institute. The Institute works to promote sustainable, world economic growth and a cleaner environment. At the Governor’s request, Ibach is serving as an adviser on the U.S.-China Agricultural Investment Experts Group of The Institute.
AUDIO: Gov. Dave Heineman announces Chinese trip for State Agriculture Director Greg Ibach. [3:33]