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Blog Category: Acting Secretary of Commerce Rebecca Blank

Aviation Partnership Reaping Benefits for America and Brazil

Aviation Partnership Reaping Benefits for America and Brazil

Guest blog post by Acting Secretary of Commerce Rebecca Blank

Yesterday, as part of my infrastructure business development trade mission to Brazil, Assistant Secretary Susan Kurland of the U.S. Department of Transportation and I took a tour of the facilities at Embraer -- a Brazilian aircraft manufacturer. Embraer is one example of a Brazilian company making substantial investments in the United States, and employs more than 1,000 U.S. workers to support its U.S. operations in Ft. Lauderdale, Florida; Melbourne, Florida; Jacksonville, Florida; Nashville, Tennessee; Mesa, Arizona; and Windsor Locks, Connecticut. At the Commerce Department, one of the core components of our mission is to increase foreign investment in the United States, and Embraer continues to realize the benefits of choosing the U.S. as a place to do business. It was gratifying to hear from Embraer’s senior leadership about their plans for further investments in America, because of the United States’ strong aviation industry.

As we toured the 190 Model Airplane with the company's CEO, Frederico Fleury Curado, I was impressed by the quality and innovation in Embraer's product. And, like many companies doing business with and in the United States, Embraer continues to develop strategic partnerships with U.S. companies that create jobs and advance new technologies. In fact, Embraer imports more than $2 billion in U.S. aircraft components into Brazil each year to support its operations.  Embraer has built partnerships with American suppliers  like Rockwell Collins and GE, as well as, companies like Rolls Royce and BAE, which have major manufacturing facilities in the U.S.  These companies export from the U.S. to Embraer facilities in Brazil.  These cross border supply chains demonstrate the ways in which the private sector is deepening commercial ties between our two nations.

Connecting U.S. companies with opportunities in Latin America is what this trade mission is all about. The 20 U.S. firms that are joining me on this infrastructure business development trade mission to Brazil, Colombia and Panama offer a broad range of products and services that enable them to serve as partners on the ambitious infrastructure modernization projects that all three countries are undertaking. Strengthening the connections between the U.S. private sector and Latin America is a win-win for all parties, and I look forward to the continued progress that will be realized as a result of our trip this week.

Acting Secretary Blank Meets with Brazilian CEOs, Promotes SelectUSA Investment Summit

Acting Secretary Rebecca Blank is joined by Josué Gomes Da Silva, Chairman and CEO, Coteminas and Marcelo Bahia Odebrecht, President of Construtora Norberto Odebrecht S.A. at a Roundtable with Brazilian CEOs

Yesterday, Acting Secretary Blank met with a group of Brazilian CEOs to hear their priorities for doing business with the U.S. and to propose possible areas for close collaboration with American businesses. One area in which U.S. and Brazilian firms can work together is on infrastructure development, which is one reason why Acting Secretary Blank is currently leading a trade mission of 20 U.S. firms in a wide range of infrastructure industry sectors to Brazil, Colombia and Panama. These companies offer everything from cutting-edge technologies to top-notch services in engineering, management consulting, and more -- and they are well equipped to help Brazil meet its robust goals for infrastructure improvements.

Acting Secretary Blank emphasized the importance of a strong bilateral investment relationship -- many global manufacturers, including some in Brazil, are now looking to return manufacturing operations to the U.S., to expand operations here, or to invest in the U.S. for the first time. That´s because there are a host of factors that make America a very attractive place to do business: low domestic energy costs and a stable supply of energy, high labor productivity, strong research institutions that can serve as partners in developing new products, intellectual property protections, and a stable business investment environment.

Infrastructure Business Development Trade Mission to Brazil, Colombia and Panama Begins Today

This week, Acting Secretary of Commerce Rebecca Blank will lead an infrastructure business development trade mission to Brazil, Colombia, and Panama, countries that have created robust infrastructure development plans for the coming years. This mission directly supports President Obama’s National Export Initiative, which set the goal of doubling U.S. exports by the end of 2014 and creating an additional 2 million jobs supported by exports. Throughout the course of the mission, 20 U.S. firms will join the Acting Secretary, with the goal of expanding their business opportunities in Brazil, Colombia, and Panama.

Today is the first full day of the trade mission and Acting Secretary Blank will participate in a roundtable with Brazilian CEOs to discuss possible areas for collaboration with U.S. businesses, particularly in the area of infrastructure. This discussion serves as a follow-up to the U.S.-Brazil CEO Forum, which Acting Secretary Blank co-chaired along with Deputy National Security Advisor for International Economic Affairs Michael Froman in Brasilia in March.

On Tuesday, Acting Secretary Blank will meet with members of the Federation of Industries of Sao Paulo (FIESP), a Brazilian industry association that includes more than 130,000 companies representing a wide range of industrial activities. The Acting Secretary will highlight U.S. businesses’ efforts to support Brazil’s infrastructure development goals and connect U.S. and Brazilian firms to explore further procurement opportunities. She will also visit Embraer while in Sao Paulo, to highlight a Brazilian company that has invested in America and created U.S. jobs. Embraer has also worked with many suppliers in the U.S. and has strong partnerships with a variety of U.S. companies.

Latin America Presents Growing Opportunities for American Companies

Upcoming trade mission to promote U.S. exports and job creation

Guest blog post by Acting Secretary of Commerce Rebecca Blank

With 95 percent of the world’s consumers living outside U.S. borders, helping U.S. companies find partnerships and customers in fast-growing markets is crucial to creating a strong and vibrant economy built on good middle class jobs.

As a part of our overall goal to increase American exports, next week, 20 U.S.-based companies will join me on an infrastructure-focused trade mission to Sao Paulo, Brazil; Bogota, Colombia; and Panama City, Panama.  Each of the governments of these fast-growing countries have ambitious infrastructure expansion and improvement plans for the years ahead. 

This trade mission will allow U.S. companies to highlight their cutting-edge technologies and world-class engineering services. The trade mission will also allow them to make the personal connections they need to expand their businesses and it will build on President Obama’s National Export Initiative, a government-wide strategy to promote American exports and create 2 million export-supported jobs by the end of 2014. Last year, U.S. exports hit another all-time record, reaching $2.2 trillion.  Between 2009 and 2012, exports have supported 1.3 million additional jobs.

“Our People. Our Future.” Helping One Another Through Service

National Day of Service logo (Learn. Serve. Pledge.)

Guest blog post by Dr. Rebecca Blank, Acting Secretary of the U.S. Department of Commerce

As we head into the inaugural weekend, I’m looking forward to the National Day of Service on Saturday. Four years ago, President-elect Obama asked all of us to honor Dr. Martin Luther King, Jr. by participating in a National Day of Service. We’ve made this a tradition in every year since then. The president believes that the strength of our country comes from our people. That’s why the theme of this year’s inauguration is “Our people. Our future.” It is through the combined hard work of Americans in the four years since the president first took office that we’re getting back on track. But our work isn’t done. There is still plenty of work to be done in our nation and in our communities and the president is asking for our help.

That is why on Saturday, I will be visiting a local elementary school in Washington, D.C. to lend a hand in beautifying the building and improving the learning environment for children who will be America’s next generation of leaders. Thousands of fellow Americans in all 50 states will be helping their neighbors by:

  • Rebuilding homes destroyed by natural disaster
  • Providing guidance on how to start a business or get a job
  • Mentoring students
  • Cleaning up their local parks
  • Providing for the less fortunate among us
  • Educating members of their community on medical concerns and resources available
  • Serving our veterans and military families in return for their service to us.

To participate in the National Day of Service, go to www.2013pic.org/service and learn about ways to participate. Then, sign up to serve on Saturday, January 19, to honor the legacy of Dr. Martin Luther King, Jr. and pledge to serve in your community in the future.

Once you have selected your project, continue the conversation with others in your community and across America on Twitter. The Day of Service hashtag is #iserve and we’d love to hear what you are doing to make our future a brighter one.

New Monster.com Collaboration with Joining Forces Initiative Is a Win for America’s Veterans and Companies

Acting Secretary Rebecca Blank Speaks at the National Veteran Employment Summit

Guest blog post by Dr. Rebecca Blank, Acting Secretary of the U.S. Department of Commerce

Yesterday, I spoke at the National Veteran Employment Summit hosted by Monster and Military.com. I announced that Monster has signed up to participate in the Joining Forces effort to help hire or train 250,000 veterans and military spouses. The companies participating in Joining Forces know that hiring veterans is not only the right thing to do, but it’s also good business. America’s veterans have the leadership, the character, and the team-oriented approach that employers want and need.

Under the president’s leadership, the administration is working hard to make sure veterans find job opportunities. We’re making improvements in how the military transitions service members from the battlefield to the workplace. We're also ensuring that the post-9/11 GI Bill stays strong. And, through Joining Forces—led by First Lady Michelle Obama and Dr. Jill Biden—we're ensuring that veterans and military families have the support they need to land a job when they return to civilian life.

The Commerce Department is particularly proud to support the efforts of companies who are hiring men and women who have bravely served our nation. 

Moving forward, the Department will encourage even more businesses to make hard commitments to hire veterans and we will actively share the "best practices" we find in veteran hiring. More broadly, we will continue to give veteran-entrepreneurs, veteran business owners, and veterans in the workforce the tools they need to succeed.

I believe that America’s capacity to innovate and compete in the 21st century is tied to our commitment to unleash the full potential of our veterans. We must continue to do everything we can to provide them with paths to good jobs that will help our nation maintain and strengthen its global leadership.

Expanding Access to New Markets in Sub-Saharan Africa for American Businesses

Part of week-long trip to expand access to new markets in Sub-Saharan Africa for American businesses

Guest blog post by Acting Commerce Secretary Rebecca Blank

During the last week I’ve been in South and East Africa to advance key elements of President Obama’s “Strategy Toward Sub-Saharan Africa,” focusing on the promotion of economic growth, trade and investment in the continent.

On Wednesday in Johannesburg, we launched the “Doing Business in Africa” campaign at an event hosted by Business Unity South Africa and the Corporate Council on Africa. Among other things, I announced our commitments to train more of our business counselors and to organize Africa Global Business Summits in order to increase the visibility of opportunities in Africa for American entrepreneurs and business owners  

Then, on Thursday and Friday, I traveled to Nairobi, Kenya, to meet with heads of state and senior trade ministers from the East African Community (EAC), a regional organization that includes Kenya, Tanzania, Uganda, Rwanda and Burundi. We signed an agreement to launch the Commercial Dialogue between the EAC and the U.S., the first of its kind in Africa. Our goal is to create an environment where American businesses can both invest in the region and sell their products and services to meet the increasing demand from the growing middle class in East Africa.

Overall, the mutual economic growth of the U.S. and Africa is dependent on strong and growing person-to-person relationships. That’s why I highlighted the fact that Under Secretary for International Trade Francisco Sánchez was simultaneously leading a delegation of 14 U.S. businesses on a trade mission to South Africa and Zambia. (Read more here about how this is already expanding markets for some American businesses). Also, I was pleased to hear that–next week–the U.S. Ambassador to Nigeria, Terrence McCulley, will lead a Nigerian business delegation to a number of U.S. cities to see some of our biggest trade shows.  

The Obama administration will continue to build bridges with Sub-Saharan Africa as we look to the future. Clearly, people both here in the U.S. and in Sub-Saharan Africa will continue to work with each other, learn from each other, and build on each other’s growing prosperity.

Acting Secretary Blank Launches Doing Business in Africa Campaign

Map of Africa with text "Doing Business in Africa"

Acting U.S. Commerce Secretary Rebecca Blank today announced the launch of the “Doing Business in Africa” campaign at an event in Johannesburg, South Africa. This campaign is part of a larger U.S. Strategy Toward Sub-Saharan Africa, which President Obama issued in June. The “Doing Business in Africa” campaign will promote economic growth, trade and investment in Africa.  In her remarks, the Acting Secretary emphasized the United States’ ongoing commitment to deepening economic ties with these nations. She also shared a message from President Obama (PDF) in support of the campaign.

The United States is pursuing four objectives in Sub-Saharan Africa: strengthening democratic institutions; spurring economic growth, trade and investment; advancing peace and security; and promoting opportunity and development. The new Doing Business in Africa campaign is a key part of this effort. It leverages the federal government’s strengths as assets in trade promotion, financing, and more. Goals of the campaign include helping U.S. businesses identify and seize opportunities in Africa, and helping them overcome any challenges they face to establishing business relationships with Africa.

Also as part of her trip to South Africa, Dr. Blank met with a multi-sector trade mission led by the Department of Commerce’s Under Secretary for International Trade, Francisco Sánchez. This delegation is comprised of representatives from 13 U.S. firms who were traveling to Lusaka, Zambia; and Johannesburg and Cape Town, South Africa.

Sub-Saharan Africa presents enormous opportunities to the American private sector. According to the World Bank, its GDP totaled approximately $1.25 trillion in 2011, and six of the 10 fastest-growing economies in the world are in Sub-Saharan Africa. U.S. total merchandise exports to Sub-Saharan Africa tripled between 2001 and 2011.

Supporting Small Business on Saturday and All Year Round

Small Business Saturday

Guest blog post by Acting Commerce Secretary Rebecca Blank

Tomorrow is Small Business Saturday, a day to celebrate and support small businesses across the country.

Small businesses play a vital role in creating jobs and economic opportunities nationwide. Making certain that small businesses thrive is a goal we support through many of our efforts here at the Commerce Department: from the Small Business Innovation Research awards, to tools that help small businesses protect their intellectual property, to informative sites that help small businesses export or access the broad array of all federal government tools

Over the last two decades, small businesses and startups have been responsible for creating two out of every three net new jobs in the U.S. Today, over half of all working Americans own or work for a small business. It’s clear that when small businesses succeed, so do our communities.

I want to encourage you to shop at your local small businesses when you can. Check out the participating businesses at www.shopsmall.com.

Whether you live in a big city or a rural area… from coast to coast… Small Business Saturday is an opportunity to support your local businesses and your communities. Happy shopping!

 

Acting Secretary Blank Visits New Jersey to Meet Business Owners Impacted by Sandy

Acting Secretary Blank and Acting Assistant Secretary Erskine survey a map of the Port of Newark

On Wednesday, Acting Secretary of Commerce Rebecca Blank traveled to New Jersey where she met with local business leaders for discussions about ongoing efforts to rebuild the region in the aftermath of Hurricane Sandy. During these conversations, she conveyed that the Commerce Department, the Federal Emergency Management Agency, and the administration are focused on providing businesses and communities affected by Hurricane Sandy with all available federal support. 

In Elizabeth, New Jersey, Acting Secretary Blank met with a group of businesses that were impacted by the storm. Dr. Blank then visited the Port of Newark in Port Newark, New Jersey, where she was briefed by officials on the status of port operations and the challenges moving forward. She heard from some of the port’s tenants, trucking companies, and freight mobility experts about the impact that the storm has had on their businesses, customers, and employees. Dr. Blank then took a tour of the port to observe the progress of recovery work that is currently underway.