Europe Global Export Forum Connects Ontario to European Market
Expanding Trade Opportunities Between Ontario and Europe
Today, Ontario’s Europe Global Export Forum brought together about 300Ontario businesses and eleven industry experts from Europe to help facilitate new trade connections for small and medium sized enterprises in priority European markets
The Forum builds on Ontario’s Going Global Trade Strategy, and gave Ontario companies the opportunity to:
- Learn about the province’s export assistance programs and services
- Network with peer companies
- Acquire practical information about accessing key European markets and becoming export-ready.
The 28 nation European Union has a population of more than 505 million, a GDP of approximately $19 trillion and is the world’s largest economic area. The Global Export Forum was hosted by the Ministry of Citizenship, Immigration and International Trade.
Attracting new investments and helping the province's businesses compete globally is part of the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, supportive environment where business thrives and building a secure retirement savings plan.
- The province’s target markets in Europe include: United Kingdom and Ireland; France and Benelux (Belgium, Netherlands and Luxemburg); and Germany and Central Europe (Poland, Hungary and Czech Republic).
- Target sectors include advanced manufacturing (including clean technology), automotive, information and communication technology, digital media and agricultural-food.
- More than 400 attendees, 53 speakers and 27 partner organizations attended last year’s Latin America Forum. A total of 168 pre-arranged meetings with incoming buyers and market experts led to 182 qualified leads and $44.7 million in projected sales.
- According to the Conference Board of Canada, every $100 million increase in exports creates approximately 1,000 new jobs.
“In an era of global competition, Ontario needs growth. We must think globally and engage with markets all over the world. We have the products, we have the skills, and we have the people – we only need to have the will. Today’s forum will help develop trade relationships with Europe that will help Ontario’s small and medium enterprises be more proactive and aggressive, and seize opportunities when they present themselves.”