The Department of Commerce is focused on creating the conditions for businesses to grow, hire, and strengthen the economy in all 50 states. This week, U.S. Secretary of Commerce Penny Pritzker is in Alaska to showcase how the Department keeps the Last Frontier open for business.
Secretary Pritzker met with business leaders in Anchorage this morning to discuss challenges and opportunities facing the business community in the state and resources for Alaska businesses that are looking to grow. Among the roundtable participants were representatives from the Chamber of Commerce, as well as the transportation, logistics, and travel and tourism industries.
During their conversation, they discussed workforce development challenges, the need for infrastructure development to seize the economic opportunities of a changing Arctic, and the importance of making it easier for visitors to enter the United States. With more than 1.9 million visitors during fiscal year 2014, Alaska’s expanding travel and tourism industry is critical to economic growth and job creation in the state.
She also highlighted the Commerce Department’s “Open for Business Agenda,” of which trade and investment is a key pillar. Alaska’s merchandise exports have grown from about $3.2 billion in 2009 to $4.5 billion in 2013, but the Commerce Department wants to help Alaska reach even more international buyers. Secretary Pritzker announced that the Commerce Department is getting ready to reopen the U.S. Export Assistance Center (USEAC) in Alaska in the coming weeks. USEACs around the country connect U.S. companies with international buyers, provide them with market intelligence and trade counseling, and facilitate business matchmaking and commercial diplomacy support.