Empire State Development’s Global NY’s Mission Aims to Increase Exports and Foreign Direct Investment for New York Businesses

Announcement Reflects Governor’s Strengthening of Economic Partnership Between New York and Region After Opening Caribbean Trade Office Last Year

Governor Hochul today announced a trade mission to the Caribbean in December 2024, which will bring up to ten New York-based companies to two Caribbean nations, aimed at launching and increasing export efforts within this economically important region, which is a growing market for New York State businesses and communities. The Governor made the announcement this morning at the West Indian American Day Carnival Association Breakfast.

“New York and the Caribbean Region share many cultural, historic, and economic ties,” Governor Hochul said. "This trade mission will strengthen those ties so New York-based businesses can build and grow deeper partnerships throughout the Caribbean, and explore economic opportunities within its vibrant commercial markets that will benefit our economy and encourage job creation throughout the state.”

Empire State Development President, CEO and Commissioner Hope Knight said, "Global NY’s trade missions – particularly to a region as important at the Caribbean – offer extraordinary opportunities for New York-based businesses to grow and expand by accessing new international markets for their goods and services. Empire State Development is doing everything we can to support businesses’ success, including focusing internationally, that in turn boosts our economy and creates more good-paying jobs for New Yorkers."

Read the full press release here.