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Development Foundation's International Trade Promotes Opportunities for Area Businesses


For Immediate Release September 17, 2019

The Sioux Falls Development Foundation is stepping up efforts to boost international trade and foreign investments among its Sioux Falls area businesses.  Working through the International Trade Center under the direction of Rock Nelson, the Foundation, Sioux Falls Area Chamber of Commerce and South Dakota Biotech, will host foreign diplomats representing 7-10 countries from the Consul General's office in Chicago, September 23-25.  

 

These representatives are the trade delegates from their respective countries and hold the key to developing relationships with companies in their country.  Working directly with these representatives, local companies can establish trade and foreign investment opportunities to help expand markets and develop production partnerships.

 

Those interested in connecting with the foreign diplomats are invited and encouraged to attend a Global Exchange open forum on Tuesday, September 24, 5:00-6:30 pm, at the Commerce Center, 200 North Phillips Avenue, Suite 201 in the Chamber offices.

 

"During this time of international trade tariffs and a volatile world trade scene, developing these relationships in an effort to expand new markets and increase opportunities for growth is extremely timely," stated Rock Nelson, Director of the South Dakota International Trade Center.  "We think that by providing these connections, we can help our business community expand to international markets, create new jobs and improve bottom-line profitability."

 

"Making connections to these diplomats also gives us the opportunity to recruit potential companies in those countries looking to have a presence in Sioux Falls," said Bob Mundt, President/CEO of the Foundation. "Foreign Direct Investment into this area is another opportunity we have to accomplish our mission of creating jobs, growing the tax base and improving our quality of life."

 

For more information on the Global Exchange forum or International Trade, contact Rock Nelson at (605) 338-3424 or email rock@siouxfalls.com.

 

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