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Blog Category: Exports

Commerce Secretary Locke Delivers Opening Remarks at the U.S.-China Economic and Trade Cooperation Forum in Chicago

U.S. Commerce Secretary Gary Locke delivered the opening address at the U.S.-China Economic and Trade Cooperation Forum with the Chinese Minister of Commerce, Chen Deming.  The Forum is jointly hosted by the Chicago Council on Global Affairs and the China Council for the Promotion of International Trade. 

Representing the Obama administration for Chinese President Hu Jintao’s visit to Chicago, Locke highlighted the progress that the United States and China have made to strengthen the bilateral relationship, emphasizing the benefits of Chinese foreign direct investment in the U.S. on the American economy.  He also reiterated the concerns that American business leaders continue to express about the commercial environment in China. 

While in Chicago, Locke also attended a dinner hosted by Chicago Mayor Richard Daley in honor of President Hu.  Remarks

Secretary Locke Delivers Key Policy Speech on U.S.-China Commercial Relations

 Secretary Locke addresses the U.S.-China Business Council about the path to unlock the full potential of the U.S.-China commercial relationship

At a luncheon today hosted by the U.S.-China Business Council, Commerce Secretary Gary Locke laid out a path to unlock the full potential of the U.S.-China commercial relationship.  Locke discussed how leveling the playing field for U.S. businesses in the Chinese market will help spur global innovation and economic growth and create jobs in America.  

Locke applauded steps China has taken to open its markets since its accession to the World Trade Organization (WTO) and progress made at the recent Joint Commission on Commerce and Trade meeting. And he cited examples of American and Chinese companies working together to solve big, global challenges. |  Remarks

Secretary Locke Meets with Indian Ambassador to the U.S. Meera Shankar

Photo of Locke and Shankar

U.S. Commerce Secretary Gary Locke met today with India’s Ambassador to the United States, Meera Shankar, to discuss bilateral trade and investment issues.

The meeting took place as Secretary Locke prepares to lead a high technology business development trade mission to India on February 6-11. Over 70 companies applied to participate in the upcoming mission, which will make stops in New Delhi, Mumbai, and Bangalore, in order to promote U.S. exports of high technology products and services in key economic sectors: civil-nuclear trade, defense and security, civil aviation, and information and communications technology.

Secretary Locke Delivers Remarks at CES to Highlight Administration’s Efforts to Promote Innovation, U.S. Exports

Locke at booth inspecting new devices and equipment

Commerce Secretary Gary Locke visited the Consumer Electronics Show (CES) today, where he delivered remarks on the Obama administration’s efforts to foster innovation and the President’s National Export Initiative (NEI), which seeks to double U.S. exports by 2015, supporting several million American jobs. 

Locke also discussed Commerce’s International Buyer Program (IBP), a key component of the Department’s export promotion effort. The IBP matches international buyers with U.S. companies that want to export. The Program recruited 34 delegations, consisting of 700 delegates from key markets such as China, Brazil, Vietnam, and Indonesia, to this year’s show – an increase of over 30 percent from the 2010 show.

During the CES, Locke also visited the booths of some small- and medium-sized businesses that have increased their sales to foreign markets with the help of the Commerce Department.

The CES is an annual event hosted by the Consumer Electronics Association, the preeminent trade association that represents more than 2,000 businesses to promote growth in the consumer technology industry.  This year’s CES has more than 2,500 small- and medium-sized businesses showcasing their products and services, as well as presentations by key industry leaders, such as Microsoft, Ford and Verizon.  Remarks

21st Annual U.S.-China JCCT Photos

U.S. and Chinese Delegations at JCCT

The U.S. and China delegations pose for photos prior to the start of the 21st annual U.S.-China Joint Commission on Commerce and Trade (JCCT) on December 15, 2010.

This morning, delegations from the United States and China began the 21st annual U.S.-China Joint Commission on Commerce and Trade (JCCT), which is our most important bilateral dialogue for resolving trade and investment issues between the two nations. As co-chairs of the JCCT, the delegations are stewards of the U.S.-China trade relationship, which is robust, supports millions of jobs for our people and is growing in both opportunity and complexity. The discussions between the delegations will help determine how well Chinese and US scientists discover together; how well our businesses collaborate; and how well our governments deal with the growing challenges of the 21st century.

Additional photos attached.

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Secretary Locke Joins President Obama and CEOs to Discuss Progress on the National Export Initiative and Export Control

Secretary Locke Joins President Obama and CEOs to Discuss Progress on the National Export Initiative and Export ControlU.S. Commerce Secretary Gary Locke attended the President’s Export Council (PEC) meeting at the White House today, where he updated PEC members on the Commerce Department’s efforts to increase U.S. exports and help American businesses compete globally.

During the meeting, the president announced proposed regulations to reform the U.S. export control system and strengthen national security.  The Commerce Department’s proposed regulations for dual-use items will facilitate more robust secure trade with our partners and allies while imposing new safeguards to ensure that sensitive items are not exported to other locations without U.S. government authorization. 

In addition, the administration launched a new webpage at www.export.gov that will help small- and medium-sized business comply with U.S. export control requirements by consolidating, for the first time, the various screening lists maintained by different departments.

The President also reiterated the critical importance of export promotion in spurring job creation and economic growth in the U.S.  For more information on the president’s announcement, please go to: http://bit.ly/hoSGZv.

Commerce, NAM and FedEx Join Forces to Boost U.S. Exports

Commerce Department, National Association of Manufacturers, Fedex Join Forces to Boost U.S. Exports

Secretary Locke joined by Sureesh Kumar, Russell Fleming and Gov. John Engler pose after the NMEI press conferenceU.S. Commerce Secretary Gary Locke joined Governor and President of the National Association of Manufacturers (NAM) John Engler and FedEx officials today at the Commerce Department to announce a new partnership that will help increase U.S. exports and create jobs in America. NAM, the nation’s leading manufacturing association, is the first industry organization to launch the Department’s New Market Exporter Initiative (NMEI), which will bolster President Obama’s National Export Initiative (NEI) by identifying NAM members and FedEx customers who already export and helping them expand to new international markets by connecting them with Commerce Department trade specialists.

Commerce, NAM and FedEx will work with businesses to identify key markets, build market-entry strategies and provide the guidance needed to take high-quality products and services from the U.S. to global markets – building their businesses, increasing American exports and supporting new jobs at home. Small- and medium-sized companies interested in expanding into new markets will have access to the free resources and tools available through a nationwide network of international trade experts and global shipping specialists. Activities to build awareness will include outreach at trade shows, direct mail campaigns and online registration for resource support.

“We know that American businesses produce world-class goods and services,” Locke said. “What we can improve is connecting those businesses to the 95 percent of the world's consumers living outside our borders. This partnership with the National Association of Manufacturers will do just that – helping to link manufacturers, especially small- and medium-sized firms, with new markets abroad.”

Manufacturers play a key role in exports with two-thirds of all manufactured goods contributing to overall exports. In 2008, American exports accounted for nearly 7 percent of our total employment and one in three manufacturing jobs.

Commerce Department’s Clean Technology Trade & Investment Mission Moves to Brussels, Belgium

U.S. Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan (right) meets with U.S. Ambassador to Belgium, Howard Gutman at the Ambassador’s residence during the U.S. Cleantech Trade and Investment Mission to Belgium.U.S. community and business delegates participating in the joint U.S. Economic Development Administration (EDA)/International Trade Administration (ITA) Clean Technology Trade & Investment Mission moved on to Brussels, Belgium on Thursday after spending three very productive days exploring opportunities to increase exports and attract foreign direct investment in the United States while in Lyon, France at Pollutec, a tradeshow that featured the world's leading international exhibit for the environment and sustainable development markets. 

Upon arriving in Brussels, the delegation participated in a reception hosted by U.S. Ambassador to Belgium, Howard Gutman at the Ambassador’s residence.  The event, hosted by the American Chamber of Commerce Brussels (AmCham) and Xerox gave the delegates an opportunity to make important international connections with companies involved in the clean technology sector.

Ambassador Gutman; AmCham President Scot Beardsley; EDA Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan; and Xerox Director of Global Services Phillipe Janssens addressed the delegation during the function.

September Marks the Fifth Consecutive Month of Double-Digit Travel and Tourism Export Growth

Graph of Change in U..S. Travel and Tourism-Related ExportsInternational travelers spent nearly $12 billion in the U.S. in September

According to newly released data from the Commerce Department, international visitors traveling to the United States pumped an estimated $11.7 billion into the U.S. economy during the month of September, up $1.7 billion compared to the same period last year.  This marks the fifth month of double-digit growth and ninth straight month of overall growth in U.S. travel and tourism exports.  Total travel and tourism-related exports have increased, on average, $1.2 billion a month in 2010. 

“Travel and tourism continues to be one of the bright spots in our economy,” Locke said.  “Continued growth in the tourism sector will help us achieve our goal of doubling exports over the next two years.” 

  • Travel Receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $9.0 billion during September, an increase of 15 percent when compared to last year. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel. 
  • Passenger Fare Receipts: Fares received by U.S. carriers (and U.S. vessel operators) from international visitors increased by nearly 27 percent to $2.7 billion for the month, an increase of $575 million when compared to September 2009.

International visitors have spent an estimated $100 billion on U.S. travel and tourism-related goods and services year to date (January through September), an increase of 11 percent when compared to the same period last year.

Americans have spent nearly $77.4 billion abroad year-to-date (up four percent)—resulting in a $22.6 billion trade surplus for travel and tourism through the first nine months of 2010.

U.S. Companies Invited to Apply to Join Secretary Locke on Upcoming High-Tech Trade Mission to India

India Trade Mission Graphic

UPDATED: The application deadline for the India Trade Mission has been extended to Friday, December 3, 2010.

Earlier this month in Mumbai, Commerce Secretary Gary Locke announced that he will lead a high-technology trade mission to India next February. The India High Technology Business Development Mission is focused on U.S. companies that offer products or services in the civil nuclear, defense and security, civil aviation, and information communications technology industries and are looking to either expand their current business in India or are interested in entering the market for the first time. 

If you’re interested in participating in the upcoming trade mission, time is running out to apply. If your company meets the participation requirements, complete a mission application by Nov. 30 to join Secretary Locke in New Delhi, Bangalore and Mumbai this February.  Submitted applications will be reviewed by industry and market experts, and final participants will be selected from the most qualified candidates.  Application status notifications will be sent out Dec. 13.

This business development mission will give U.S. companies access to market information and high-level business and government contacts, helping them to solidify international business strategies and advance their projects.  They will meet with prescreened potential business partners, agents, distributors, representatives and licensees, as well as high-level national and local government officials. The agenda will also include networking opportunities, country briefings and seminars.

Learn more about the India High Technology Business Development Mission on the India Mission 2011 homepage or by contacting the Office of Business Liaison at IndiaMission2011[at]doc[dot]gov or 202-482.1360.