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Blog Category: Poland

President’s Export Council Espouses Commercial Diplomacy

Robert Wolf, Founder and Chief Executive Officer of 32 Advisors

Guest blog post by Robert Wolf, Founder and Chief Executive Officer of 32 Advisors.

As a member of the President’s Export Council (PEC), I had the good fortune of going to Poland and Turkey with a group led by Secretary of Commerce Penny Pritzker along with CEOs from Archer Daniels Midland, Lockheed Martin, Marriott, UPS, Vermeer and Xerox as well as representatives from other member firms.  The PEC, comprised of companies with an aggregate market capital of over $850 billion, chose Poland and Turkey for our inaugural trip with the Secretary as we view these countries, first and foremost, as high priority economically important growth markets in addition to being strategically significant.

During the trip I wore two hats: one as an ambassador for US businesses broadly promoting the President’s National Export Initiative and US foreign direct investment priorities and, second, as a businessman in representing a cross-border advisory on a fact finding mission to explore Poland and Turkey as good places to enhance our business relationships and our client’s growth initiatives.

I learned that both Poland and Turkey want many of the same things as the US: transparency, public/private partnerships, infrastructure investment, an all-in energy approach and a skilled labor force/education.

What I found while visiting with both public and private leaders was that there are some incredible market opportunities for US businesses. Given the impressive strides both countries have made in recent years, I am not particularly surprised.

Secretary Penny Pritzker to Lead High-Level U.S. Business Delegation to Poland and Turkey

Secretary Pritzker met with young entrepreneurs, who are the future of a stronger Ukrainian economy, during her commercial diplomacy trip to Kyiv, Ukraine.

U.S. Secretary of Commerce Penny Pritzker will lead a high-level delegation of America’s top CEOs on an economic fact-finding mission next week to Poland and Turkey. Secretary Pritzker and the CEOs, all of whom are members of the President’s Export Council (PEC) will use the trip to identify immediate and long-term opportunities to increase trade and investment between the U.S. and Poland and the U.S. and Turkey, two high-potential, fast-growing markets. Through greater understanding of these markets, the Department of Commerce and the President’s Export Council can help U.S. companies gain better access to Poland and Turkey, so they can sell more of their goods and services abroad and support jobs here at home.

Following this trip, the PEC CEOs joining the mission will apply their commercial expertise to produce a report for President Obama, which will recommend actions the U.S. government can take to address challenges and increase trade and investment between the U.S. and Poland, and the U.S. and Turkey

Just prior to the PEC mission, Secretary Pritzker will visit Kyiv, Ukraine. Secretary Pritzker's visit to Ukraine was announced by President Obama during Ukrainian President Poroshenko’s visit to Washington, D.C. last week.  Secretary Pritzker, whose family comes from Ukraine, will use her time there to discuss with Ukrainian government and business leaders the reforms necessary to improve their business climate, attract private capital, expand opportunity, and strengthen the economy for greater investment and growth. She will also explore potential opportunities for additional commercial cooperation between the U.S. and Ukraine.

After her stop in the Ukraine, Secretary Pritzker will join the eight PEC members and Under Secretary of Commerce for International Trade Stefan M. Selig in Warsaw, where they will meet with Polish government officials and business leaders and gather insight on opportunities and challenges facing U.S. companies in each respective market. Following the stop in Warsaw, the group will continue on to Istanbul and Ankara, Turkey.

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