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Nevada Commission on Economic Development Appoints Trade Representative in Brazil


News provided by

Nevada Commission on Economic Development

Jun 10, 2010, 06:03 ET

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LAS VEGAS, June 10 /PRNewswire-USNewswire/ -- Nev. Lt. Gov. Brian Krolicki, who chairs the Nevada Commission on Economic Development, announced today that Fabio Yukio Yamada has been appointed to represent Nevada in Brazil as a part of the commission's award-winning Nevada International Trade Representative Program.

(Logo: http://photos.prnewswire.com/prnh/20100202/LA47791LOGO)

"Fabio's efforts will level the playing field and guarantee market access for Nevada businesses and workers," Krolicki said. "He is a welcome addition to our international representative family."

For companies interested in doing business in Brazil, Yamada provides a full range of consulting services such as matchmaking meetings, prospect searches, information on and participation in trade events, as well as legal support. Yamada serves approximately 250 companies per year as a foreign investment consultant. His direct efforts account for $16 million annually in deals closed by the companies he assists.

Yamada brings more than 27 years of experience in business development with top international corporations such as Chemical Bank, Johnson & Johnson, Du Pont, 3M and Assa Abloy. In 2001, he was appointed Authorized Representative of the Commonwealth of Pennsylvania, based in Sao Paulo, Brazil. In 2005, he was appointed Authorized Representative for the State of Georgia. His largest project was the announcement in 2008 that North American Cement Company planned to construct a $220 million plant in Georgia resulting in the creation of 100 jobs.  

The Nevada International Trade Representative Program has international representative offices around the world that represent the state's economic, trade and investments, all at no cost to state taxpayers. In December 2003, In Business Las Vegas awarded NCED its "Deal of the Year Award" for Economic Development Excellence. Since 2002, the International Trade Representative Program has positioned itself in eight globally significant markets in Asia and Europe.

Highlights of the International Trade Representative Program include:

  • No start-up and no annual operational costs.
  • No legislative action is required, as no state funding is required.
  • Trade representatives are not employees paid by NCED. They work on straight commission paid by clients on either side of the deal.
  • NCED has concentrated efforts on countries with the most strategic advantage for Nevada including China, Japan, Taiwan and Singapore.

Currently, international trade representatives are positioned in Northern China, Southern China, and Italy with open territories in Japan, Mexico, Singapore and the United Kingdom. To become an international trade representative, candidates must go through an application and review process which includes interviews with NCED commissioners, staff and external companies.

The Nevada Commission on Economic Development is a state agency that provides services, support and assistance to Nevada communities to help them diversify and develop their economies so they remain viable. The NCED is also responsible for the Nevada Film Office, the Office of Protocol, the Procurement Outreach Program, the Nevada Economic Development Fund and the Nevada Community Development Block Grant program. NCED has offices at 808 W. Nye Lane in Carson City and at 555 E. Washington Ave., Suite 5400 in Las Vegas.  More information can be accessed at www.diversifynevada.com.

SOURCE Nevada Commission on Economic Development

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