State opens European booster office

Arkansas opened a new economic development office Wednesday in Germany as fallout continued from the United Kingdom's vote to exit the European Union.

Gov. Asa Hutchinson and Mike Preston, executive director of the Arkansas Economic Development Commission, were in Berlin to launch the office, attend the Farnborough International Airshow outside of London and talk to business prospects.

Hutchinson said Britain's vote to leave the union weakens the Continent's position in trade negotiations with the United States.

"It is my view that this will not put any damper on increased trade opportunities with Europe. It is my judgment that we will be able to be in a better position to negotiate trade deals," the governor said.

Read more: http://www.arkansasonline.com/news/2016/jul/14/state-opens-european-booster-office-201/?latest