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Blog Category: International Trade Administration

Commerce's Carribean Trade Mission Yields Positive Results for U.S. Firms

Dominican Republic and Jamaica offer small- and medium-sized companies opportunity

Wrapping up the administration’s first trade mission to the Caribbean, Commerce Department senior adviser and Deputy Chief of Staff Rick Wade stressed that geographical proximity and shared historical and cultural ties make the Dominican Republic and Jamaica prime destinations for U.S. goods and services. Wade led a 10-company U.S. trade mission to the region to promote export opportunities June 13-19.

“In today’s global marketplace, it is critical for companies to establish alliances with partners in other markets in order to be competitive,” Wade said. “Because of its close proximity and a favorable trading relationship over time, the Caribbean is a natural area for U.S. firms to explore new export opportunities that will result in more jobs for American workers.”

The United States is the primary trading partner for both countries. In 2009, U.S. exports to the Dominican Republic and Jamaica totaled $5.27 billion and $1.45 billion, respectively.  Read more  Upcoming trade missions

Senior Commerce Official Wade to Lead Trade Mission to Dominican Republic and Jamaica

Rick Wade, senior adviser and deputy chief of staff to U.S. Commerce Secretary Gary Locke, will lead a delegation of 10 small- and medium-sized U.S. businesses on a trade mission to Santa Domingo, Dominican Republic, and Kingston, Jamaica, June 13-19 to promote U.S. exports in the Caribbean.

The trade mission will give participating U.S. companies the opportunity to meet with potential business partners and network with key Dominican and Jamaican government and industry officials. The business delegation will promote U.S. products and services in a range of consumer goods, construction and automotive sectors with foreign buyers and governments.

Trade missions are an important component to achieving the goals of President Obama’s National Export Initiative, which aims to double U.S. exports within five years to support the creation of two million jobs. This mission will help open doors for U.S. firms interested in entering or expanding their presence in the Caribbean region. Read more

Locke Wraps Up Clean Energy Trade Mission

Secretary Locke and government officials at table

U.S. Commerce Secretary Gary Locke wrapped up the final day of his clean energy trade mission in Jakarta, Indonesia Wednesday. While in Jakarta, Locke and representatives from 10 U.S. clean energy companies participated in several group meetings about clean energy with Indonesian officials and business representatives and received updates on the market from local executives working in the energy field. At the University of Indonesia, Locke participated in a discussion with students highlighting the importance of innovation in creating new clean energy technologies. He also addressed the American Chamber of Commerce in Indonesia and visited the Port of Jakarta to witness the signing of an ocean exploration agreement.

“This effort is not limited to one country; both Indonesia and the United States can benefit from cooperating on clean energy development,” Locke said during his town hall meeting with students. “The United States, Indonesia and the entire world are counting on bright, motivated people like all of you to discover the new clean energy technologies that could help put millions of our people to work in high-skill, high-wage jobs.”

Locke has been leading the administration’s first Cabinet-level trade mission over the past week and a half, traveling to Hong Kong, Shanghai and Beijing, China before his final stop in Jakarta. The mission had a goal of advancing President Obama’s National Export Initiative, which aims to double U.S. exports within five years to support two million American jobs.

Overall, Locke was joined by a business delegation of 46 executives from 29 U.S. companies on the mission, along with representatives from the U.S. Trade Development Agency (TDA), the Overseas Private Investment Corporation (OPIC) and the Export-Import Bank of the United States (EXIM).

Press release

Secretary Locke Honors U.S. Companies with Highest Presidential Award for Exports

U.S. Commerce Secretary Gary Locke today presented 22 companies and organizations with the 2010 Presidential “E” Award and “E” Star Award for outstanding contributions to growing U.S. exports, strengthening the economy and creating American jobs. The Presidential “E” Awards are the highest U.S. government honor for increasing exports.

These are the first “E” and “E” Star Awards given out since President Obama announced the National Export Initiative, which aims to double American exports and support two million U.S. jobs by 2015.

Two recipients flanked by Locke and Under Secretary Sanchez

“Today we honor companies that are selling high-quality products and services in every corner of the world, and most importantly, helping to create good jobs for American workers,” Locke said. “This administration is focused on helping American businesses, like the ones honored today, take advantage of the worldwide economic recovery and sell more abroad.”

The Presidential “E” Award was created by President John F. Kennedy in 1961 to recognize persons, firms or organizations that contribute significantly to increasing U.S. exports. The “E Star” Award, meanwhile, recognizes continued superior performance in increasing or promoting exports. (Remarks) (Release)

Secretary Locke Briefs Washington Foreign Press Center on Upcoming Trade Mission to China and Indonesia

Commerce sealU.S. Commerce Secretary Gary Locke led a briefing at the Washington Foreign Press Center on the Obama administration’s first Cabinet-level trade mission to China and Indonesia next week. The clean energy business development missions will promote exports of leading U.S. technologies related to clean energy, energy efficiency and electric energy storage, transmission and distribution. In his remarks, Locke said, “Here at home, every American should know that when a U.S. clean energy company finds success abroad, it creates more jobs in the United States." (Remarks)

Secretary Locke Holds Exports Town Hall with Northern Virginia Businesses

Image of ITA Exports reportU.S. Commerce Secretary Gary Locke visited the Precision Auto Care international corporate headquarters training facility in Leesburg, Va., to discuss President Obama’s National Export Initiative (NEI) and how it can help U.S. companies of all sizes sell more of their goods and services overseas and support the creation of American jobs. Locke was joined by U.S. Rep. Frank Wolf. The NEI aims to double U.S. exports over the next five years while supporting two million American jobs.

Francisco J. Sánchez Sworn In as Under Secretary of Commerce for International Trade

Hightower, Sanchez and scheduling assistant Jenna Pilat. Click for larger image.

Francisco J. Sánchez was sworn in today as Under Secretary of Commerce for International Trade after receiving a recess appointment from President Obama. U.S. Commerce Deputy Secretary Dennis Hightower administered the oath of office to Sánchez who will direct the Department of Commerce’s International Trade Administration (ITA). I’m pleased to have Francisco leading the International Trade Administration,” said Hightower. “As head of the International Trade Administration, Francisco will be on the front line as the Commerce Department spearheads the implementation of the President’s National Export Initiative.” (More) (Bio)

Francisco Sánchez and Eric Hirschhorn Named to Posts as Under Secretaries of Commerce

Commerce building exterior with U.S. flag.

Francisco J. Sánchez will direct the Department of Commerce’s International Trade Administration as Under Secretary of Commerce for International Trade, and Eric L. Hirschhorn will lead the Department’s Bureau of Industry and Security as Under Secretary of Commerce for Export Administration after receiving recess appointments from President Obama Saturday. Sánchez and Hirschhorn could serve in their jobs through the end of 2011, when the next Senate finishes its term, or until they are nominated and confirmed to their posts. (Sanchez release) (Hirschhorn release)

NOAA Satellites Help Rescue 195 People in 2009

Image of COSPAS-SARSAT Systems overview. Click for larger image.

NOAA’s fleet of satellites played a vital role in the rescues of 195 people during life-threatening situations throughout the U.S. and its surrounding waters in 2009. In each incident, NOAA satellites pinpointed these downed pilots, shipwrecked mariners, or stranded hikers by detecting a distress signal from an emergency beacon and relaying the information to first responders on the ground. NOAA’s polar-orbiting and geostationary satellites, along with Russia’s Cospas spacecraft, are part of the international Search and Rescue Satellite Aided Tracking system, called COSPAS-SARSAT. (More) (Rescue at sea photo)

Secretary Locke Statement on President Obama's Intent to Nominate Lamb-Hale as Assistant Secretary for Manufacturing and Services

ITA logo.

President Barack Obama announced his intent to nominate Nicole Y. Lamb-Hale to serve as Assistant Secretary of Commerce for Manufacturing and Services within the International Trade Administration. “Our manufacturers and service providers have an excellent advocate in Ms. Lamb-Hale,” said U.S. Commerce Secretary Gary Locke. “Nicole has firsthand knowledge of the challenges that our industries face and will be able to serve the interests of industry at every level.” (More)