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Blog Category: International Trade Administration

Secretary Bryson Encouraged by President’s Export Council Recommendations to Help Strengthen U.S. Economy

Secretary Bryson addresses the President's Export Council

Yesterday, Secretary John Bryson met with the President’s Export Council (PEC) with two goals in mind: to discuss further ways to strengthen the U.S. economy; and to update PEC members on the actions taken by the Department and the administration to increase exports.

As the principal national advisory committee on international trade, the PEC provides a forum for public-private interaction at all levels of government and business. It is responsible for advising the president on government policies and programs affecting U.S. trade performance, covering topics that range from export promotion to deliberations over specific trade challenges in various industries and sectors.

Since the PEC last met, the Obama administration has made great strides in creating jobs, increasing exports and growing the economy. For example, the U.S.-Korea and U.S.-Colombia free trade agreements were implemented earlier this spring, and will drive billions of dollars in additional annual exports and create tens of thousands of American jobs.

Europe Travel Log: Secretary Bryson’s Meetings and Events in Berlin, Germany

Photo of Bryson and others on elevated walkways

On May 24-25, U.S. Commerce Secretary John Bryson visited Berlin, Germany–the final stop on his European trip this week–to meet with senior business and government leaders and to address a major conference on trans-Atlantic trade. The Secretary delivered remarks on the importance of trans-Atlantic trade and a strong bilateral investment relationship between the United States and Germany. He also highlighted Germany's vocational training system, which he witnessed first-hand earlier in the week, as an important model for the United States.

‪While in Berlin, Secretary Bryson also met with Minister for Economics and Technology Philipp Roesler, State Secretary Harald Braun of the Foreign Ministry, and Chancellor Merkel's Senior Economic Adviser Lars-Hendrik Roeller. These meetings focused on how the U.S. and Germany can work together to advance economic growth and increase jobs by reducing barriers to trans-Atlantic trade.

‪Secretary Bryson also met with Hans-Peter Keitel, Chairman of the Federation of German Industries (BDI) along with representatives from companies across various sectors, ranging from industrial to IT to automotive and manufacturing. The Secretary encouraged the businesses to consider further investment in the United States, highlighting the attractiveness of the investment climate, including the resources provided by SelectUSA, the first coordinated effort by the U.S. government to attract new business investments to America.


International Buyer Program Announces 2013 Roster of Trade Shows

IBP B2B Matchmaking at Pack Expo 2010

Guest blog post by Gary Rand, Acting Director of the International Buyer Program

If you’re a U.S. company, your chances of finding the right international business partner greatly increases at a trade show that has been selected as a venue for the International Buyer Program. You’ll not only meet more international buyers, representatives and distributors, but your products and services can be listed in the Export Interest Directory distributed to all international visitors to the show. In addition to assistance from our experienced U.S. Commercial Service staff, you will also have access to an on-site International Business Center, where your company can meet privately with prospective international buyers, sales representatives and business partners.

That’s why I am pleased to announce the 30 U.S. trade shows in 2013 to which the International Buyer Program (IBP) will bring prospective international buyers. Thanks to our rigorous competitive selection process, I am confident these 30 trade shows will provide excellent B2B matchmaking venues for U.S. companies looking to expand their international sales to new markets, or to start exporting.

The advantage of the IBP versus other B2B matchmaking service offerings is it enables U.S. companies to meet a breadth of pre-screened prospective buyers from around the world all in one domestic venue. In fact, last year the IBP recruited nearly 13,500 prospective buyers from international markets to come to U.S. trade events to meet U.S. exporters. As a result, the IBP generated over $900 million in exports in 2011–a 10 percent increase over 2010. Over 49 percent of these successes were by U.S. firms that exported to a new market. There are still over 25 trade shows for remaining in 2012. For those U.S. companies planning to exhibit at any of these shows, the IBP is a great way to maximize your trade show investment.

The International Buyer Program is a joint government-industry effort designed to increase U.S. export sales by promoting international attendance at major U.S. industry exhibitions. The IBP provides practical, hands-on assistance to U.S. exhibitors interested in exporting and making contacts with prospective overseas trade partners. This assistance includes export counseling, marketing analysis, and matchmaking services. The IBP is an important part of our implementation of the Obama administration’s National Export Initiative which aims to double the value of U.S. exports over the next five years.

Deputy Secretary Blank Advocates Public Service in Commencement Speech

Guest blog post by Commerce Deputy Secretary Rebecca M. Blank

This morning, I had the privilege of delivering the commencement address to graduate students at the University of Maryland, Baltimore County (UMBC) commencement ceremony.

I was also deeply honored to receive an honorary Doctor of Public Service degree during the ceremony for my work as a public servant, including the leadership I provided in my previous job at Commerce, overseeing the nation’s premier statistical agencies, the Census Bureau (during the 2010 Census) and the Bureau of Economic Analysis.

The commencement speech provided an opportunity to give advice to the graduate students and to encourage them to use their expertise and experience to find solutions to the pressing problems facing our world. UMBC is particularly well-known for its scientific training. Science, technology, engineering and math–STEM fields–are particularly important, and it is STEM-related research that will drive innovation in the years ahead. In fact, STEM jobs have grown three times faster than other jobs, indicating the need for more workers with these skills.

Secretary Bryson Awards Presidential Export Honors to U.S. Exporters, Including 35 Small- or Medium-Sized Enterprises

Secretary Bryson delivers remarks, congratulates recipients

Thirty-five outstanding small- or medium-sized enterprises (SMEs) took center stage at the President’s “E” Awards ceremony at the White House today. This morning, Commerce Secretary John Bryson and Deputy Under Secretary of Commerce for International Trade Michelle O’Neill joined Senior Adviser to the President Valerie Jarrett to honor U.S. companies and organizations that have made significant contributions to increasing American exports. A total of 41 companies and organizations—the largest group to receive the award in the past twenty years—were honored at the ceremony, which marks the 50th annual “E” Awards.

Winners of the 2012 “E” award represent diverse communities across the country from places like Bakersfield, Calif., Baton Rouge, La., Bolingbrook, Ill., and Bradford, Pa. Of the honorees recognized at today’s ceremony, 35 are SMEs, 20 are manufacturers, and 17 are both.

“E” Award recipients contribute to the President’s National Export Initiative (NEI) goal of doubling U.S. exports in order to support American jobs. A key component of the NEI is ensuring that America’s small businesses have the tools, resources and relationships they need to make exporting a growing part of their business operations and creating jobs in the United States.

Deputy Secretary Blank Delivers Remarks on Manufacturing at the Aspen Institute

Deputy Secretary Blank delivers remarks at the Aspen Institute (Photo: Steve Johnson, Aspen Institute)

This morning, Deputy Commerce Secretary Rebecca Blank delivered the keynote address at “Manufacturing, Innovation, and Workforce Training: What Works In Germany and The United States For Jobs and Growth,” a conference co-sponsored by the Aspen Institute, the German Center for Research and Innovation, the German Embassy, and the Representative of German Industry and Trade. Her remarks come the week before Commerce Secretary John Bryson travels to Dusseldorf and Berlin to meet with government and business leaders.

Deputy Secretary Blank noted how both America and Germany have shown strength in areas such as manufacturing and exporting. She emphasized the importance of maintaining economic growth by strengthening the U.S.-German economic relationship.

U.S.-Colombia Trade Promotion Agreement Now in Force!

Colombian porches superimposed on map of Colombia

Ed Note: The following is a cross-post that originally appeared on ITA's blog, "Tradeology."

Christopher Blaha is a Senior International Economist within the Office of Trade and Policy Analysis and Julie Anglin is the Colombia Desk Officer within the International Trade Administration.

Today more than 80 percent of U.S. exports of consumer and industrial products to Colombia become duty-free as part of the U.S.-Colombia Trade Promotion Agreement. This includes agricultural and construction equipment, building products, aircraft and parts, fertilizers, information technology equipment, medical scientific equipment and wood. Also, more than half of U.S. exports of agricultural commodities to Colombia become duty-free, including wheat, barley, soybeans, high-quality beef, bacon and almost all fruit and vegetable products.

The agreement also provides significant new access to Colombia’s $180 billion services market, supporting increased opportunities for U.S. service providers. For example, Colombia agreed to eliminate measures that prevented firms from hiring U.S. professionals, and to phase-out market restrictions in cable television.

Prior to the enactment of this agreement, the average tariff that U.S. manufactured goods faced entering Colombia was 10.8 percent. With entry into force today, Colombia’s average tariff rate for manufactured goods from the United States has been reduced to 4 percent.

Department of Commerce and Environmental Protection Agency Announce New Initiative to Boost exports and Create Jobs

Secretary Bryson, second from right, poses with government and university officials

Today, at a Technology Market Summit held at American University, Commerce Secretary John Bryson and U.S. Environmental Protection Agency Administrator Lisa P. Jackson launched an environmental technology initiative to help create American jobs in the growing environmental industry.

The Environmental Technologies Export Initiative builds on President Obama’s National Export Initiative, which aims to double U.S. exports by the end of 2014 and support millions of American jobs.

As Secretary Bryson pointed out in his remarks at the event, the American environmental industry generates approximately $312 billion in revenues each year, with a global market of more than $800 billion. This growing industry employs nearly 1.7 million Americans and includes over 60,000 small businesses across the country.

The initiative will include a web-based tool, which is scheduled to be launched in the fall at export.gov. This will help environmental firms find the tools and information they need to sell their goods abroad.

National Travel and Tourism Strategy Sets Goal to Draw 100 million International Visitors to U.S.

One of America's many beautiful National Parks

Guest blog post by Secretary of Commerce John Bryson and Secretary of the Interior Ken Salazar

As we celebrate National Travel and Tourism Week, the U.S. government is doubling down on its commitment to create more jobs for Americans by growing international and domestic travel and tourism that powers our economy.

Last year, 62 million international tourists visited the United States and pumped a record $153 billion into local economies, helping to support the 7.6 million jobs in our travel and tourism industry. These numbers make tourism America’s number one service export.

That’s why the White House released a new National Travel and Tourism Strategy today, charting a new course toward making America a more attractive and accessible destination than ever before. The Strategy sets a goal of drawing 100 million international visitors by 2021, which is expected to generate $250 billion annually in visitor spending by 2012. The strategy also encourages more Americans to travel within the United States.

America is the land of extraordinary natural wonders – from the Grand Canyon to the Florida Keys; from Yellowstone to Yosemite. America is where we do big things, and as a result, we have incredible landmarks like the Golden Gate Bridge and the Empire State Building; the Hoover Dam and the Gateway Arch. This is the land of iconic cities and all their sights – from Independence Hall in Philadelphia to the Space Needle in Seattle to the skyline of Chicago. From the Mall of America to Walt Disney World, we have it all right here.

At President Obama’s direction in January, we co-chaired an interagency task force to develop the strategy – identifying concrete steps in five key areas designed to promote these destinations and make America as number one tourism destination in the world:

China Travel Log 4: On His Final Day in China, Secretary Bryson Highlights Travel to the U.S.

Secretary John Bryson spent his last day in China in the financial capital of Shanghai.

He began his day with a group of American business leaders based in China. The leaders, members of American Chamber of Commerce in Shanghai and the U.S.-China Business Council, exchanged ideas and shared information about the opportunities and challenges of day to day business operations in China.

As Secretary Bryson said to the group, our bilateral trade with China reached over $500 billion last year, with U.S. merchandise exports reaching $100 billion for the first time. However, with a trade deficit close to $300 billion, we still have a lot of work to do.

The Secretary then gave remarks at a tourism event, highlighting the robust and growing travel of Chinese tourists to the United States.

In his remarks, Secretary Bryson pointed out that "travel and tourism between our countries is crucial to building stronger cultural and economic ties. This generates greater understanding and friendship between our people. And yes, it also generates greater prosperity."