Governor Fletcher to visit Kentucky South America Trade Office
Frankfort, KY: Governor Ernie Fletcher announced today he will be embarking on an economic development trip to Santiago, Chile. The governor will depart for the trip on August 7th. Santiago, Chile is the location of the Kentucky South American Trade Office, KSATO, which was established in 2001 to help Kentucky companies identify sales opportunities within South America. This is the first time ever a Kentucky governor will visit the KSATO.
“My objective for this trip is to continue to improve the growth of exports by Kentucky businesses in order to increase job opportunities in the Commonwealth, Governor Fletcher said.
During his trip, Governor Fletcher will meet with Chilean President Ricardo Lagos, as well as some of the country’s top economic policy makers. Additionally, Governor Fletcher will cut the ribbon to symbolically open the KSATO. The Governor and First Lady will also present the trophy to the winning horse in the first ever Chilean Governor’s Cup of Kentucky horse race. Chile was selected for the location for Kentucky’s South American office because it is considered to be one of the most open and progressive business environments in the country. Chile also has excellent telecommunications and air transportation systems to reach throughout the continent.
The KSATO staff has contracts with representatives in Brazil and Argentina to help serve Kentucky companies in those markets. Some of Kentucky’s top exports to Chile include computers and other electronics, machinery manufacturing, and chemical manufacturing.
“KSATO is a tremendous tool in that it assists Kentucky companies through industry research, individual company assistance, and marketing events like trade shows to help identify appropriate opportunities,” added Governor Fletcher.
The trip will also allow Governor Fletcher the opportunity to promote Kentucky as a “point of entry” for South American businesses looking to enter the U.S. market. Governor Fletcher will present Kentucky’s many attractions, including its central location and competitive cost of doing business, to several business audiences during his trip. Governor Fletcher will return to Kentucky on August 14th.