Trade mission to target new opportunities for Queensland

Treasurer and Minister for Trade
The Honourable Tim Nicholls

Trade mission to target new opportunities for Queensland

Treasurer and Minister for Trade Tim Nicholls today confirmed he would lead a Trade and Investment mission to Japan, China and the United States from 15-29 July, 2012.

Mr Nicholls said the mission aimed to strengthen the relationship between Queensland’s major trading partners and target new opportunities in key sectors including LNG, energy, tourism and biotechnology.

“It is important that the first Ministerial-led mission of the Newman Government will be to our key trading partners of Japan, China and the United States,” Mr Nicholls said.

“Our focus with the Japan and China leg of the trip will be on trade and investment opportunities including tourism and energy.”

Mr Nicholls said the mission will also travel to Houston in the United States to look at the massive investment in mining services and equipment in an effort to attract investment to Queensland.

“Given Queensland’s significant mining activity we should be a world leader in the provision of mining services and equipment,” he said.

Mr Nicholls will also meet major existing and potential investors in Queensland Government guaranteed bonds in each of the countries.

“I will personally brief investors on current economic and fiscal conditions in Queensland, gain insights into local perspectives on global economic conditions and discuss Queensland Treasury Corporation bonds as a secure and attractive global investment option,” he said.

“We want to let investors know there is a new and responsible government in Queensland and they can invest in our state with confidence.”

Mr Nicholls said the Minister for Tourism, Major Events, Small Business and the Commonwealth Games, Jann Stuckey will take part in the China leg of the mission to further enhance tourism relationships and sell Queensland as a destination into this crucial emerging market.

He also noted that combining Trade and Queensland Treasury Corporation tr avel plans will ensure greater economies of scale and savings for taxpayers.