Office of the Governor | Governor Murphy to Lead Choose New Jersey Economic Mission Trip to East Asia
Office of the Governor | Governor Murphy to Lead Choose New ... NJ.gov
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Nine-Day, Multi-Country Mission to Strengthen Investment and Trading Ties Between New Jersey and Japan/South Korea
NEWARK – Governor Phil Murphy of New Jersey will lead a nine-day economic mission to East Asia in October, with visits to Japan and South Korea. This mission aims to deepen investment and trading relationships between New Jersey and these countries. The announcement was made during an economic forum by Governor Murphy and Tom Bracken, the CEO of the New Jersey Chamber of Commerce. New Jersey is home to a significant Asian American population, with nearly one million Asian American residents, including over 100,000 Korean Americans.
Importance of Sustainable Development Goals (SDGs)
- Goal 8: Decent Work and Economic Growth
- Goal 9: Industry, Innovation, and Infrastructure
- Goal 11: Sustainable Cities and Communities
- Goal 13: Climate Action
- Goal 17: Partnerships for the Goals
Governor Murphy emphasized the significance of Japan and South Korea as economic, academic, and cultural partners for New Jersey. He expressed his anticipation for leading a large delegation from New Jersey to these trading partners in order to strengthen ties and promote New Jersey as an ideal location for business expansion and growth.
Wesley Mathews, CEO of Choose New Jersey, expressed excitement about joining Governor Murphy on this mission to represent the best of New Jersey and reinforce relationships with key trading partners in East Asia. Mathews highlighted the thriving industries in life sciences, technology, fintech, infrastructure, and clean energy in both Japan, South Korea, and New Jersey. He emphasized the importance of collaboration and sharing economic visions during this historic trade mission.
Tom Bracken, CEO of the NJ Chamber of Commerce, highlighted New Jersey’s value proposition for East Asian companies seeking to expand or relocate to the United States. He emphasized the state’s strategic location, robust infrastructure, and skilled workforce as key factors that make New Jersey an ideal place to do business.
The activities and schedule of Governor Murphy during the mission will include meetings with companies, executives, trade organizations, government officials, higher education leaders, startup incubators, and other key commercial and economic partners. The mission will focus on key industry sectors such as infrastructure, clean energy, financial services, life sciences, technology, logistics, manufacturing, and food and beverage. The economic relationships between New Jersey and Japan, as well as New Jersey and South Korea, generate more than $13 billion in annual shared economic activity.
The mission will consist of a diverse delegation of 30 to 40 members, including business leaders, university representatives, and elected officials. It will take place from Saturday, October 14 to Sunday, October 22, 2023.
Participation in the Economic Trade Mission
Reporters interested in participating in the economic trade mission can contact Ingrid Austin (iaustin@choosenj.com) and Mahen Gunaratna (mahen.gunaratna@nj.gov) for additional details.
SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 8: Decent Work and Economic Growth | Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7% gross domestic product (GDP) growth per annum in the least developed countries | No specific indicators mentioned in the article |
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.1: Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all | No specific indicators mentioned in the article |
| SDG 17: Partnerships for the Goals | Target 17.6: Enhance North-South, South-South and triangular regional and international cooperation on and access to science, technology and innovation and enhance knowledge sharing on mutually agreed terms, including through improved coordination among existing mechanisms | No specific indicators mentioned in the article |
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 17: Partnerships for the Goals
The article discusses New Jersey Governor Phil Murphy’s economic mission to East Asia, specifically Japan and South Korea, to deepen investment and trading ties. The issues highlighted in the article are related to economic growth, infrastructure development, and international cooperation, which align with SDG 8, SDG 9, and SDG 17.
2. What specific targets under those SDGs can be identified based on the article’s content?
- Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7% gross domestic product (GDP) growth per annum in the least developed countries
- Target 9.1: Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all
- Target 17.6: Enhance North-South, South-South and triangular regional and international cooperation on and access to science, technology and innovation and enhance knowledge sharing on mutually agreed terms, including through improved coordination among existing mechanisms
Based on the article’s content, the specific targets that can be identified are Target 8.1, Target 9.1, and Target 17.6.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
No specific indicators are mentioned or implied in the article that can be used to measure progress towards the identified targets.
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Source: nj.gov
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