History was made in Arkansas on June 29, 2015.
It may never be mentioned in textbooks in the coming decades, but it is noteworthy nonetheless.
For on that day, Gov. Asa Hutchinson signed an agreement to establish a sister-state relationship with the Dong Nai province in Vietnam. Thus, Arkansas became the first such state to pursue bilateral trade opportunities under the recently passed federal Trade Promotion Authority (TPA).
TPA is a bi-partisan agreement that allows Arkansas businesses to compete globally on a level-playing field. Foreign markets represent 80 percent of the world’s purchasing power, and we must tap in to them. It is especially important for our small- and medium-sized businesses. TPA allows for tariff-free access to our products and commodities.
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