Arun Venkataraman says Mississippi is in a prime position to take advantage of the ever-growing global export market.

Assistant Secretary of Commerce for Global Markets and Director General of the U.S. and Foreign Commercial Service was in Jackson on Tuesday leading an all-day discussion as nearly 100 of the state’s business and political leaders gathered for the multiple breakout sessions at the Mississippi e-Center at Jackson State University.

“Businesses that export generally earn higher revenues, create more jobs, pay higher wages and are less likely to go out of business,” Venkataraman said. “My priority is to expand the pool of exporters to include (Mississippians) and diverse businesses.”

Arun Venkataraman, Assistant Secretary of Commerce for Global Markets and Director General of the U.S. and Foreign Commercial Service was at the Mississippi e-Center at Jackson State to lead an all-day discussion

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The event, Building Bridges to Global Markets, provided free in-person exporting expertise to the Jackson community and encouraged small and medium-sized enterprises to consider global markets as part of their business strategy. 

Mississippi is already a strong exporting state. According to the Department of Commerce, exports supported nearly 45,000 Mississippi jobs in 2020. The Jackson area alone exported almost $600 million of goods and services. In 2021, Mississippians reached a record in exporting of $13 billion.

Venkataraman emphasized that in 2019, 75% of all exporters in Mississippi were from small-to-medium-sized businesses.”

Sally Doty, the executive director of the Broadband Expansion and Accessibility of Mississippi talks about how to get Mississippi businesses on a level playing field when dealing with foreign governments Tuesday during the Building Bridges symposium at Jackson State University.

Small business exporters are essential to building a robust, dynamic, and equitable economy,” Venkataraman said. “We want to help support that effort.”

During the event, Venkataraman presented Export Achievement Awards to three local businesses: AA Calibration Services, Red Laser Technology, and Beck’s Confections. The event will follow with presentations from the public and private sectors on trade finance, local export resources, and how to reach new customers in global markets. 



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