Gov. Dave Heineman announced Monday that he is sending Nebraska Agriculture Director Greg Ibach to Beijing, China, later this week to represent the state at a workshop designed to spark mutual U.S. - China investment in agriculture and bioenergy.
"As the most populous country in the world, China already is an important part of Nebraska's trade economy," said Heineman. "The opportunities there are endless, and we need to position our state to be actively engaged in events such as this workshop to maintain a competitive edge."
Seizing Investment Opportunities in Agribusiness: A U.S.-China Workshop is being coordinated by The Paulson Institute, the Chinese Agricultural Association for International Exchange and the Chinese Ministry of Agriculture. The event will take place Dec. 7. Ibach is slated to be a presenter at the workshop, discussing the opportunity for Chinese companies to add value to Nebraska-grown commodities within the state's borders.
The Paulson Institute is chaired by Henry M. Paulson, Jr., former U.S. Treasury secretary. The Institute is working to promote sustainable, world economic growth and a cleaner environment, with its initial focus on actions by the governments and businesses of the United States and China. At the governor's request, Ibach is serving as an adviser on the U.S.-China Agricultural Investment Experts Group of The Institute.
"The trading landscape with China continues to evolve, and Nebraska must be part of the conversation and prepared to adapt," said Ibach. "I appreciate the opportunity to represent our farmers, ranchers and agribusinesses on The Paulson Institute and as part of this workshop."
Participants will include representatives of Chinese and international companies and investment banks, national and state agricultural leaders, and agribusiness consultants. The event is designed to look at opportunities for agriculture-related investment between the United States and China.