Commerce.gov is getting a facelift soon. See the new design.
Syndicate content

Blog Category: International Trade Administration

Secretary Locke, India Commerce and Industry Minister Sharma Discuss U.S.-India Trade Relationship

Locke and Sharma, seated

U.S. Commerce Secretary Gary Locke met today with Indian Minister of Commerce and Industry Anand Sharma.  The discussion focused on increasing the kind of mutually beneficial trade that provides win-win opportunities for both countries. Secretary Locke and Minister Sharma met during President Obama’s November visit to India.  Photo shows Secretary Locke and Ambassador Romer examening GE engines.  See full release  |  CII Luncehon remarks

Secretary Locke Delivers Keynote Address on U.S.-India Commercial Relations in New Delhi

U.S. Commerce Secretary Gary Locke delivered the keynote address today at the Confederation of Indian Industry (CII) luncheon in New Delhi, where he discussed increasing the kind of mutually beneficial trade that provides win-win opportunities for both countries.   

Locke added that seizing the full potential of our cooperation will require India to take further steps to open its economy, including: reducing a variety of tariff and non-tariff barriers; lifting restrictions on foreign direct investment; and improving the protection on intellectual property.

CII works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes.

Secretary Locke is in New Delhi as the first stop of a high-technology trade mission he is leading to promote exports of leading U.S. technologies and services related to civil nuclear energy, civil aviation, defense and homeland security, and information and communications technology. The mission will continue through February 11, and also make stops in Mumbai and Bangalore. 

Visit the Commerce Department’s India trade mission website at http://trade.gov/indiamission2011/index.asp for updates on the trade mission.

Press release

High-Technology Trade Mission To India with Secretary Locke and 24 U.S. Companies Kicks Off

Today, Secretary Locke kicked off a high-technology trade mission in New Delhi to promote exports of leading U.S. technologies and services related to civil nuclear energy, civil aviation, defense and homeland security, and information and communications technology. The mission will continue through February 11, and also make stops in Bangalore and Mumbai. 

His first stop was at a neighborhood grocery store in New Delhi that is using technology developed by a U.S. company to market its products, manage its customers and organize its business operations.  Intuit, based in Mountain View, Calif., created “GoConnect,” a new innovative mobile and web-based marketing service that is helping Indian micro and small businesses grow and improve the way they communicate with their customers. Intuit’s new application was first announced during the President Obama’s visit to India.

"Intuit's GoConnect technology is a prime example of the kind of mutually beneficial trade that creates jobs in both countries, creating opportunities from the Intuit offices in Northern California to a neighborhood grocery store in the streets of New Delhi," said Secretary Locke. "We look forward to finding more commercial opportunities like these during this trade mission."

GoConnect was developed in both India and the U.S. The data is hosted in Intuit's data center in Quincy, Washington. 

Secretary Locke Arrives in India for High-Tech Trade Mission

Secretary Locke and Montek Singh Ahluwalia

Earlier today, Secretary Locke landed in India at the start of a high-tech trade mission. He wrote an opinion editorial for The Times of India explaining the importance of trade to the economic growth of India and the United States.

When President Barack Obama spoke before the Indian Parliament last November, he said: "The relationship between the United States and India - bound by our shared interests and values - will be one of the defining partnerships of the 21st century."

During the president's visit, there was action backing up those words, including $10 billion in job-creating deals between American and Indian businesses and the Indian government; President Obama expressing support for India gaining a permanent seat on the UN Security Council; and an announcement of significant reforms to US export control policies - opening the door for increased high-technology trade and cooperation between India and the US.

This week, I am travelling to New Delhi, Mumbai and Bangalore to help 24 US companies walk through that door. These companies - more than half of which are small- and medium-sized businesses - are leaders in the civil nuclear, defence and security, civil aviation, and information and communications technology sectors. They are eager to find Indian business partners and to help India continue its remarkable transformation.

Read the rest of "Opening the Door to India" and find out more about the high-tech trade mission.

Secretary Locke Announces 47 Percent Trade Surplus in the Travel and Tourism Industry

Secretary Locke convenes travel and tourism advisory committee

At a meeting of the Commerce Department’s Travel and Tourism Advisory Board today, Commerce Secretary Gary Locke announced a 47 percent surge in the travel and tourism trade surplus in 2010; the surplus now exceeds $28 billion. The United States welcomed more than 55 million international visitors during the first 11 months of 2010, 11.4 million more visitors than the year before. While international visitation increased 10 percent, international visitor spending increased 11 percent to $122.7 billion. The travel and tourism industry employs nearly 8 million people across the United States.

During the meeting, Locke discussed the progress made on the president’s National Export Initiative, which aims to double exports by 2015 in support of several million U.S. jobs. Through November 2010, total U.S. exports were up 17 percent, and travel and tourism is on track to contribute to significant export growth.

“Travel and tourism continues to be one of the bright spots in the U.S. economy,” said Locke. “With a $28.3 billion trade surplus in the first 11 months of 2010, this industry has a huge role to play in helping our country answer President Obama’s call to double our exports by 2015 and win the future.”

The Board consists of 30 industry leaders from the travel and tourism industry who are appointed to advise Secretary Locke on matters relating to the industry and provide policy recommendations.  The Board was re-chartered in September 2009, and the current term will expire on September 3, 2011. 

Members of the Travel Facilitation Working Group presented a letter to Secretary Locke with 10 recommendations that address key visa and customer service issues, with the goal to increase the number of overseas international visitors to the U.S. to meet the current forecast of 36.7 million visitors by 2015, supporting job creation. |  Remarks

New Markets, New Jobs: The National Export Initiative Small Business Tour

Beginning the TPCC Meeting

On the one-year anniversary of the launch of President Obama’s National Export Initiative, U.S. Commerce Secretary Gary Locke, Agriculture Secretary Tom Vilsack, U.S. Trade Representative Ron Kirk, Small Business Administration Administrator Karen Mills and Export-Import Bank Chairman Fred Hochberg announced today the launch of a year-long, interagency, multi-city outreach campaign designed to help connect small and medium sized businesses (SMEs) with the resources they need to sell more of what they make overseas.

“For America to win the future, more small and medium sized businesses must export, because the more small businesses export, the more they produce; the more they produce, the more workers they need, and that means good-paying jobs here at home,” Locke said.

The first of these New Markets, New Jobs events is scheduled for February 17th in Minneapolis, Minn. Locke is expected to be joined by Kirk, Mills, Hochberg, Minnesota Governor Mark Dayton and Minneapolis Mayor R.T. Rybak, among others. The Minnesota stop will be followed by events in Los Angeles, Calif., Louisiana and Wilmington, Del. in the coming months. The conferences, which were called for in September’s Report to the President on the National Export Initiative, are intended to reach more than 3,500 small and medium sized companies interested in exporting.

Laying a Foundation to Double Our Exports, Increase Competitiveness

Today Secretary Locke wrote an op-ed posted in The Hill with a focus on how the administration and the Commerce Department are working to increase America's global competitiveness and create U.S. jobs by selling more American-made goods and services around the world.

Cross posted at The Hill

**********

As 2011 begins, the American economy is stronger than at any time since the Great Recession began in December 2007.

Retail sales just had their strongest quarterly gain since 2001. Private sector employment grew every single month in 2010, with the manufacturing sector posting its first increase in annual employment since 1997.

These are strong indications that the steps President Obama took to foster economic recovery are working — beginning with the Recovery Act and continuing through the December 2010 tax-cut package.

But that’s not to suggest that anyone within the administration or the Commerce Department is satisfied — not with unemployment still over 9 percent.

As we move forward, policymakers should remember that the most important contest is not between Democrats and Republicans, but between America and countries around the world that are competing like never before for the jobs and industries of the future.

Making the U.S. more competitive will require us to focus on two things: supercharging innovation and selling more American-made goods and services around the world, so that U.S. firms can hire more workers and reinvest in the research and development they need to keep growing.

Although the private sector will take the lead on innovation, we can’t forget that the government has always had an important, supportive role to play, and the Commerce Department is engaged in a variety of areas.

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 to Lead 24 U.S. Businesses on High-Tech Trade Mission to India

Twenty-four U.S. businesses will join Commerce Secretary Gary Locke for a business development mission to India on February 6-11.  The businesses joining the trade mission are based in 13 states across the country and more than half of them are small- and medium-sized companies.

The delegation, which also includes senior officials from the Export-Import Bank (EX-IM) and the Trade Development Agency (TDA), will make stops in New Delhi, Mumbai and Bangalore, where Locke will highlight export opportunities for U.S. businesses in the advanced industrial sectors, of civil-nuclear trade, defense and security, civil aviation, and information and communication technologies. Locke accompanied President Obama to India in November, where they witnessed more than $10 billion in business deals between U.S. companies and Indian private sector and government entities, supporting 50,000 American jobs.

“Exports are leading the U.S. economic recovery, spurring future economic growth and creating jobs in America,” Locke said. “The business leaders joining me on this mission see the great potential to sell their goods and services to India, helping drive innovation and create jobs in both countries.”

The India business development mission will help build on the exporting success U.S. companies had 2010 – up 17 percent compared to the same period in 2009. It will be Locke’s second trade mission as Commerce Secretary; in May, he led a clean energy business development mission to China and Indonesia.

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.