Queensland opens trade and investment office in Texas

THE Queensland Government has opened a dedicated North America Trade and Investment office in Houston.

Premier Campbell Newman officially opened the office and signed a Memorandum of Understanding with the Governor of Texas Rick Perry to formalise a Sister State Agreement.

"The opening of this office demonstrates the LNP Government's commitment to further developing Queensland's business links with the United States," Mr Newman said.

"We have taken the shackles off Trade and Investment Queensland by making it a statutory authority.

"In the 2012-13 financial year merchandise trade between Queensland and the US was valued at $6.4 billion."

He said the Memorandum of Understanding would formalise the close relationship between Queensland and Texas.

"Texas shares many similarities with Queensland's four pillar economy of resources agriculture, tourism and construction industries - so the opportunities for increased trade are enormous," he said.

"Houston serves as an ideal gateway to the rest of the United States, as well as Canada and Mexico."

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