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Texas Gov. Greg Abbott Signs Economic Development Statement of Intent, Promotes Partnerships in Europe

Texas Gov. Greg Abbott Signs Economic Development Statement of Intent, Promotes Partnerships in Europe (Photo: CBS7)
Texas Gov. Greg Abbott Signs Economic Development Statement of Intent, Promotes Partnerships in Europe (Photo: CBS7)

Gov. Greg Abbott of Texas concluded his three-nation European tour by signing an economic development Statement of Intent with the French Minister for Foreign Trade, Olivier Becht, in Paris on Friday. The objective of the tour, which included stops in Germany and the United Kingdom, was to foster economic partnerships between Texas and European nations.

Texas Gov. Greg Abbott Signs Economic Development Statement of Intent (Photo: Daily Dot)

Texas Gov. Greg Abbott signed an Economic Development Statement of Intent to promote partnerships with Europe. (Photo: Daily Dot)

Gov. Abbott Signs Economic Development Statement of Intent

The signed economic development Statement of Intent aims to encourage foreign business investments, promote economic development projects, and enhance trade opportunities between Texas and France.

According to the Office of the Texas Governor,  he was accompanied by his wife, First Lady Cecilia Abbott, and Texas Secretary of State Jane Nelson, who emphasized the significance of collaborating with global economic partners to ensure the continued prosperity of the Texas economy.

The Texas Economic Development Corporation, an independently funded 501(c)(3) nonprofit organization responsible for promoting and marketing Texas as a premier business location, sponsored and funded the trip.

Together with the Governor’s Office of Economic Development and Tourism, these organizations form the cornerstone of Governor Abbott’s economic development agenda, aimed at building a prosperous Texas for the future.

Governor Abbott expressed his pride in the strong partnership between Texas and France and expressed his belief that working together through the signed economic development Statement of Intent would yield unprecedented economic development opportunities for Texas.

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Gov. Abbott’s Meeting With Different Leaders

In addition to signing the economic development Statement of Intent, Governor Abbott attended France’s Bastille Day Military Parade alongside the First Lady, Consul General of France in Houston Valérie Baraban, and Honorary Consul General of France in Dallas Jeanne Phillips.

According to a published article, the Texas delegation which included Adriana Cruz, Executive Director of the Governor’s Office of Economic Development and Tourism, and Arun Agarwal, Vice Chairman of the Texas Economic Development Corporation Board of Directors, participated in a total of 20 meetings and events during the five-day trip.

During the national celebration, Abbott met with French President Emmanuel Macron and discussed how Texas’ robust economic power and business-friendly policies have attracted businesses and individuals from around the world.

The Governor and Minister Becht explored ways to attract more business investments and enhance economic cooperation in technology, space, and energy. Governor Abbott extended an invitation to Minister Becht to visit Texas and witness firsthand how the state’s pro-business policies and favorable regulatory climate encourage innovation and economic growth.

Governor Abbott and First Lady Cecilia Abbott attended a state dinner at the Louvre Museum, hosted by French President Emmanuel Macron and Indian Prime Minister Narendra Modi. The discussions focused on expanding business relations with Texas.

The economic development mission concluded in Paris, marking the end of the Texas delegation’s tour to Germany, the United Kingdom, and France. Throughout the trip, the delegation engaged in a range of meetings and events aimed at fostering economic partnerships and signing the economic development Statement of Intent.

READ ALSO: Giga Texas Assembly Line Shares The First Photo Of Tesla’s Cybertruck, Now Rolling Off Production Line

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