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Blog Category: NEI

Deputy Secretary Blank Announces 20 Companies Joining Infrastructure Business Development Trade Mission to Brazil, Colombia and Panama

U.S. Deputy Secretary of Commerce Rebecca Blank today announced the 20 companies that will join her on an infrastructure business development trade mission to Sao Paulo, Brazil; Bogota, Colombia; and Panama City, Panama from May 12-18, 2013. The governments of these countries have each outlined ambitious infrastructure development plans for the years ahead, and this trade mission will help U.S. companies in a broad range of infrastructure industry sectors make the connections they need to expand their business opportunities in Brazil, Colombia and Panama.

The trade mission will support 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, exports hit another all-time record, reaching $2.2 trillion. And, between 2009 and 2012 exports have supported 1.3 million additional jobs.

The mission will also highlight the successes in the U.S. trade relationships with Colombia and Panama, specifically, since free trade agreements with each country have taken effect. The Deputy Secretary and the business delegation will be in Colombia on the one-year anniversary of the implementation of that Free Trade Agreement (FTA), May 15.

The mission will include export-ready U.S. firms in a broad range of leading U.S. infrastructure and industrial sectors, with an emphasis on project management (including construction, architecture and design), transportation (including road/highways, rail, airports, and intelligent transportation systems), energy (including distribution, transmission, and smart grid), water resources management (including water treatment, distribution and collection), and safety and security. The mission will help U.S. businesses in initiating or expanding exports to Brazil, Colombia and Panama by making business-to-business introductions, providing market access information, and facilitating access to government decision makers.

See the entire list of 20 companies and learn more about the opportunities in each of these three export markets.

Building Exports in the Bluegrass State

Under Secretary Sánchez (center left) and Senior Trade Specialist Brian Miller (center right)poses for a photo with employees of Universal Woods during a tour of their manufacturing facility

Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade

Cross-post from the International Trade Administration's blog, Tradeology

“We should remember that today’s world presents not just dangers, not just threats—it presents opportunity.” This statement from President Obama’s State of the Union speech confirms the belief that free trade and open markets are a benefit in our globalized world.

In Louisville, Ky., this belief is nothing new, as the town has been growing its economy by focusing on exporting to foreign markets.

That is why I joined Mayor Greg Fischer in Louisville to sign a Memorandum of Understanding (MOU) between the International Trade Administration (ITA) and the City of Louisville in a team effort to improve local exports. Congressman John Yarmuth (KY-3) also joined us to celebrate this exciting new partnership and highlight what this means for the community.

Our new MOU extends the success we have seen through the Bluegrass Economic Advancement Movement (BEAM), a joint venture between the mayors of Louisville and Lexington, designed to support the growth of high-quality jobs in advanced manufacturing throughout a 22-county region.

BEAM is a particularly exceptional achievement because it is the realization of the National Export Initiative (NEI) localized through the Brookings Institute’s Metropolitan Export Initiative (MEI). It represents a way in which cities and towns can engage in international trade to reap the benefits of increased exports.
Together, these initiatives are all working in concert to increase U.S. exports.

And there is no better place to talk exports than Kentucky.

ITA Under Secretary Promotes Manufacturing During Three-State Tour

Under Secretary Francisco Sanchez (center) meets with Jet Inc.’s President Ron Swinko (far left) and other staff at their manufacturing facility in Cleveland, OH as part of the “Made in America Manufacturing Tour.” in October 2012.

Ed. note: Cross-posted from ITA's Tradeology blog. Sophia Lu is a Fellow at the International Trade Administration Office of Legislative and Intergovernmental Affairs

On October 2Under Secretary of Commerce for International Trade Francisco Sánchez commenced a four-city tour of American manufacturing cities to promote the benefits of strengthening America’s manufacturers and expanding U.S. exports to create jobs. This “Made in America Manufacturing Tour” supports President Obama’s National Export Initiative (NEI), which seeks to double U.S. exports by the end of 2014. Just last year, exports supported 9.7 million American jobs, an increase of 1.2 million American jobs from 2009.

On his first stop in Toledo, Ohio, Under Secretary Sánchez met with company officials and toured the manufacturing facility of Bionix Development Corporation. Bionix was recently honored with the President’s “E” Award, which was created by Executive Order of the President in 1961 to give recognition to person, firms, or organizations who contribute significantly in the effort to increase U.S. exports.

Sánchez then traveled to Cleveland, Ohio and held a forum at the City Club of Cleveland on the “Resurgence of American Manufacturing.” There he also met with the Northeast Ohio District Export Council and the local business community for a roundtable discussion on the role of exporting and manufacturing in the NEI. While in Cleveland, he also toured the manufacturing facilities of Jet, Inc. and Codonics, Inc., both of which are also “E” Award winners.

ITA: Metro Exports Driving Economic Growth

Map of U.S. highlighting metro areas

Ed. note: Cross-posted from ITA's Tradeology blog by Michael Masserman and Ashley Zuelke of the Office of  Export Policy, Promotion & Strategy

Here’s a fact:  the 100 largest metro areas in our country make up just 12 percent of land area—but they make up 65 percent of our population and 75 percent of our nation’s GDP. So when it comes to export growth, it should come as no surprise that metro areas are leading the way.

What may surprise you, is that 13 smaller metropolitan areas across the U.S.—from Asheville, N.C., to Green Bay, Wisc., to Yakima, Wash.— for the first time joined the club of metropolitan markets that exported more than $1 billion in merchandise to the world. These metro areas exported U.S. goods such as machinery, transportation equipment, and computer and electronic products which are in great demand all over the world.

The achievement of these thirteen metropolitan areas and recently released national data for 2011 metropolitan exports confirms the historic progress we are making toward reaching the President’s National Export Initiative (NEI) goal of doubling U.S. exports by the end of 2014.

Acting Secretary Blank Talks Insourcing and Job Creation at Economic Development Forum

Acting Secretary Blank at International Economic Development Summit in Washington

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

This morning, I joined economic development leaders from around the country to discuss ongoing efforts to create jobs and grow the U.S. economy. The Economic Development Forum was hosted by the U.S. Commerce Department’s SelectUSA initiative, in partnership with the White House Business Council and the International Economic Development Council (IEDC), the world’s largest professional organization of economic development practitioners.

The forum provided an opportunity to discuss the Obama administration’s efforts to support U.S. businesses and encourage companies to bring good jobs back to America, a trend called insourcing.

Both American and international firms are increasingly looking for opportunities to invest in the U.S. And businesses are not only choosing to bring jobs back, but they are also making decisions to expand here instead of shipping jobs overseas. These investments mean that more products will be made in America. That means more jobs and greater economic security for families across this nation.

MBDA National Director Hinson Builds Relationships with Brazil In Line with Obama Administration NEI Goals

With Director Hinson (right) are Ms. Reta Jo Lewis, S/Special Representative for Global Intergovernmental Affairs, U.S. Department of State Mr. Julio Semeghini, Secretary of State, São Paulo, Planning and Regional Development


The Department of Commerce's Minority Business Development Agency (MBDA) National Director David Hinson wrapped up a five-day trip to Brasilia and São Paulo, Brazil, on August 24. 

The trip provided an opportunity for Commerce’s MBDA to help push forward on the Obama administration’s National Export Initiative (NEI) by fostering greater access to emerging markets in Brazil for minority business enterprises. Helping the administration achieve its NEI goal of doubling exports by the end of 2014 is a top priority for MBDA, because more exports mean more jobs. Through the NEI, MBDA is thinking strategically about the sectors and markets that give America’s minority businesses a comparative advantage globally. Brazil is one of those key markets.

During the trip, Director Hinson met with Brazil’s Ministry of Foreign Relations and Brazilian business owners to discuss how MBDA can help U.S. minority-owned businesses enterprises (MBEs) improve their return on investment through strategic partnerships and gain access to the unprecedented opportunities in the United States and Brazil—the two largest economies in the Western Hemisphere.

New Export Data Shows 34 States Reached Record Highs for Merchandise Exports in the First Half of 2012

U.S. map showing 34 states passing exports records

U.S. exports support nearly 10 million jobs across the country

Acting U.S. Commerce Secretary Rebecca Blank announced today that U.S. merchandise exports totaled a record $773.4 billion in the first six months of 2012, up by $50.7 billion from the same period of 2011.

“Comprehensive data from the first half of 2012 demonstrates that exports continue to be a bright spot for America and that we’re making historic progress toward the president’s goal of doubling U.S. exports by the end of 2014,” said Acting U.S. Commerce Secretary Rebecca Blank. “Despite a challenging global economy, these numbers show continued global demand for American goods. While the nation looks to be on track toward exceeding last year’s goods and services export total of $2.1 trillion, we are also seeing some individual states outpace the national average of seven percent growth in merchandise exports. This is good news for the economy, because we know that increased exports create jobs. The jump in exports since 2009 has helped the private sector create 4.5 million jobs over the past 29 months, and, in 2011, jobs supported by exports increased by 1.2 million over 2009. There’s more work to be done to strengthen the economy and put more Americans back to work, and we need to continue to do all we can to support American workers, exporters and businesses so that they can continue to help us rebuild this economy." Full release

ITA: Exports Bring Jobs to the Twin Cities Region!

Congressman Keith Ellison (MN-5) and Under Secretary Francisco Sánchez take questions from local companies during a business round table event in Minneapolis.

Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade.

Since the 2012 Olympic Games began, Minnesotans have competed in sports ranging from basketball to fencing, proving that athletes from the North Star State can succeed on the global stage. The same can be said for Minnesota’s businesses.

Yesterday, I visited Minneapolis to meet with Congressman Keith Ellison, Mayor R.T. Rybak and business and community leaders. It was a great opportunity to see and hear firsthand how local entrepreneurs are designing and manufacturing quality products that are being exported all over the world.

For instance, I had the pleasure of visiting Accent Signage Systems, a small manufacturing company. A pioneer in innovative sign technology, Accent Signage is experiencing the direct benefits of exporting and has plans to increase its workforce by 25 percent in the near future. This is a gleaming example of a business that is successfully competing abroad, and, in doing so, is making a positive impact here at home.  

International Visitors to the U.S. Spent Record $13.9 billion in May, Helping Support U.S. Jobs

Report cover: National Travel and Tourism Strategy

Guest blog post by Acting Commerce Secretary Rebecca Blank
 
Tourism is America’s number one service export, and today we have even more evidence that America is indeed open for business. New data released by the U.S. Commerce Department today shows that international visitors spent nearly $14 billion on travel to, and tourism-related activities within, the United States in May$1 billion more than was spent in May 2011marking 29 straight months of growth.
 
This data also means that the U.S. is on pace for a record-setting year, with international visitors having spent over $68 billion so far – up 12 percent compared to last year.
 
The facts are clear: tourism is a high-growth bright spot in our economy. We must continue to build on this momentum by making sure that America is travel-friendly to international visitors, thereby helping our businesses create even more jobs.
 
Fortunately, there are many dedicated people working to increase travel and tourism. This morning, I had the chance to talk with a few of them at a meeting of the Travel and Tourism Advisory Board in Dearborn, Mich., where I joined federal agency partners, as well as U.S. Representative John Dingell (D-MI), to discuss the Obama administration’s ongoing efforts to increase travel and tourism to the United States. During the board meeting, we discussed implementation of the recently released National Travel and Tourism Strategy (PDF), a blueprint for the federal government to welcome 100 million international visitors each year by the end of 2021. These visitors would spend an estimated $250 billion per year, supporting even more jobs and spurring economic growth in communities across the country.

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.