Interestingly, gambling, which is arguably what Nevada and its most populous city Las Vegas is famous for, is not being billed as part of the agreement.
Instead some of the key areas of focus are:
- mining, including mining technologies, health and safety and environmental and social sustainability in mining
- higher education including research and commercialisation partnerships
- water management, including collaboration on water efficiency technologies
- technology and innovation including ways to get start-ups and established technology companies access to markets.
One of the key focuses of the agreement is the mining equipment, technology and services sector and the opportunities to create partnerships on new technologies, health and safety practices, environmental issues and social sustainability.
Queensland Trade Minister Jackie Trad said she expected the statement of intent signed by Queensland Premier Annastacia Palaszczuk and Nevada Governor Brian Sandoval would have a significant benefit for Queensland industry.
“A number of Queensland METS companies are already exporting their expertise and technologies into the US, including innovative Townsville-based JESI Management Solutions,” Trad said.
“This new agreement will enable even more to get a foot in the door to the lucrative US market.”
JESI produces journey management software.
The statement of intent is to remain in force for three years.
“It is the only formal agreement that Governor Sandoval will sign during his trade mission to Australia and it shows his commitment to mutual collaboration between our two states and the level of importance that he places on this relationship,” Palaszczuk said.
Sandoval came to Queensland with a delegation of more than 30 business, government and education representatives.
“Both our states face similar challenges and through this statement of intent we look forward to developing a platform for knowledge sharing and best practice for the benefit of Queensland and Nevada,” he said.