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Blog Category: Acting Secretary of Commerce Rebecca Blank

Acting Secretary Blank Encourages Turkish Investment to Create American Jobs

U.S.-Turkey

U.S. Acting Commerce Secretary Rebecca Blank visited Istanbul today to meet with U.S. and Turkish business leaders to advance commercial and trade relations between the United States and Turkey. This is the first visit to Turkey by a U.S. Commerce Secretary in 14 years.
 
Acting Secretary Blank, along with U.S. Trade Representative Ron Kirk, are leading a delegation of senior U.S. Government officials, including representatives from the Department of State, the Department of Energy, the U.S. Trade and Development Agency, U.S. Export-Import Bank and the National Security Staff.
 
Throughout the meetings and events, Acting Secretary Blank highlighted President Obama and Prime Minister Erdogan's goal of elevating our commercial relationship with Turkey to the strategic level, contributing to the peace and prosperity of citizens of both countries and the world.
 
Acting Secretary Blank and Ambassador Kirk met with U.S. companies that are active in the Turkish market to hear their views on the commercial environment in Turkey, and learn how the U.S. government can help grow their businesses, and support jobs and growth in Turkey and in the United States.

Letter from Secretary Bryson to Commerce Employees

Official portrait of Secretary Bryson

Dear Commerce Team,

I have informed the president that I am resigning as Secretary of Commerce.

The work that you do to help America’s entrepreneurs and businesses build our economy and create jobs is more important now than ever and I have come to the conclusion that I need to step down to prevent distractions from this critical mission.

I feel privileged to have been part of the progress we have made together for our businesses and workers as they “build it here and sell it everywhere.”

As I step down from the Cabinet, Dr. Blank will continue to serve as Acting Secretary. As you know, she provided very able leadership in this role last year, and I have every confidence that on her watch going forward, the Commerce Department will continue to fulfill its mission with excellence.

In my personal capacity, I will continue to do everything I can to support the president and America’s businesses as they continue to advance innovation, U.S. competitiveness, and prosperity for our people in the months and years ahead.

Thank you for your many thoughtful and kind notes over this last week. It has been an honor and a pleasure to serve with you.

Sincerely,

John Bryson 

Acting Secretary Blank Participates in U.S.-Poland Business Summit in Warsaw, Poland

Acting Secretary Blank Participates in U.S.-Poland Business Summit in Warsaw, Poland

Acting U.S. Commerce Secretary Rebecca Blank and Poland’s Deputy Prime Minister Waldemar Pawlak welcomed participants in the U.S.-Poland Business Summit and Business Roundtable in Warsaw yesterday. This important event fulfills an agreement made during President Obama’s visit to Poland last yearto bring together U.S. and Polish business and government leaders to identify and promote new commercial opportunities and strengthen and expand commercial relations between the two countries.
 
Blank and Pawlak co-chaired the Business Roundtable at an informal session with American and Polish businesses and government officials. They discussed increasing bilateral investment and expanding energy sector cooperation. In her remarks, Acting Secretary Blank called for more cooperation between the two countries to continue vital strides towards creating good paying jobs that will help both economies flourish.
 
In her remarks to the summit, Acting Secretary Rebecca Blank talked about increasing U.S.-Poland economic and commercial ties. She said that over the past ten years, U.S. bilateral trade with Poland has nearly quadrupled and today the U.S. is doing more than ever to link with the E.U.’s fastest growing economy. Complete Readout

Acting Secretary Blank Highlights Competitions As a Tool For Improving American Competitiveness

This morning, Acting Secretary Rebecca Blank spoke before the Department of Energy’s National Clean Energy Business Plan Competition. The competition is part of the Obama administration's Startup America Initiative, the White House campaign to inspire and promote entrepreneurship. Launched in December 2011, the National Clean Energy Business Plan Competition included six regional competitions that served as platforms for college students to present business plans that transform great clean energy ideas into great businesses. The goal of building regional networks of student-focused businesses, as well as its inclusion of corporate leaders in the clean energy and venture capital sectors, builds squarely on existing partnerships with the Department of Commerce to spur domestic innovation and entrepreneurship.

Blank told the audience, which included the six regional winning teams, that the key to America’s success is innovation. . . new products, new processes, new ways of thinking.  Since the 1940s, over two-thirds of America’s economic growth has been directly related to increased productivity due to innovationthat’s both new products and new production processes.

Acting Commerce Secretary Blank Promotes U.S.-India Commercial Relations

This morning, Acting U.S. Commerce Secretary Rebecca Blank delivered remarks to the U.S.-India Business Council in Washington, DC as part of their 37th Anniversary Leadership Summit, in advance of the U.S.-India Strategic Dialogue.

Within the next 20 years, it is estimated that India will become the most populous country in the world, and total yearly income of Indian urban households could reach four trillion U.S. dollars. With their middle class growing bigger each day, India is poised to continue playing a major role in the global economy.

Acting Secretary Blank spoke to the Council about these important economic opportunities and the ways that the United States and India can work together to strengthen their economic relationship.

First, Blank praised the success of the U.S.-India trade relationship. From 2009 to 2011, U.S. goods exported to India grew over 30 percent to a record $21.6 billion.