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Holcomb emphasizes importance of establishing international trade relationships at economic summit – Indianapolis News | Indiana Weather | Indiana Traffic

Indiana Governor Warns Against Rising Opposition to Free Trade at Economic Summit

Governor Holcomb Gives Warning Against Rising Opposition to Free Trade at Global Economic Summit

Indiana Governor Eric Holcomb issued a veiled warning against the growing opposition to free trade during his speech at the Indiana Global Economic Summit. The event, held at the Indiana Convention Center in downtown Indianapolis, brought together business and political leaders from around 30 countries, including prominent figures such as Hiroshi Ono and Oksana Markarova.

In his address, Governor Holcomb emphasized the importance of maintaining international business relationships in a world where isolationism and protectionism are becoming more prevalent. With both major political parties in the United States shifting away from traditional free trade policies, Holcomb’s remarks highlighted the significance of global investment and trade.

The summit also saw significant economic development announcements, with Governor Holcomb revealing plans for a $100 million venture capital fund to support Indiana startups. Additionally, a new shared-use facility will be constructed by Elanco and Purdue University, aiming to establish an animal health campus in Indianapolis.

Governor Holcomb’s vision for the economic summit and international trade aims to position Indianapolis as a hub for innovation and health research. By aligning key elements of the economic puzzle, Indiana hopes to attract global attention and create opportunities for Hoosiers to participate in groundbreaking discoveries and careers in various sectors.

Overall, the summit serves as a platform for fostering collaboration and driving economic growth in Indiana, while also addressing the challenges posed by increasing opposition to free trade both at home and abroad.

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