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Blog Category: NEI

Secretary Locke Arrives in Mumbai for Final Stop of High-Tech Trade Mission

Locke with Indian CEOs in Mumbai

Locke meets with Chairman Ambani of Reliance Industries and other Indian CEOs

Commerce Secretary Gary Locke returned to India’s business center today for the final stop of his high-technology trade mission to India – which he announced during President Obama’s trip last November. Locke is joined by a delegation of 24 U.S. businesses seeking to promote their technologies and services related to civil nuclear energy, civil aviation, defense and homeland security, and information and communications technology to India. Locke is the first Cabinet secretary to travel to India after President Obama’s visit.

At a speech he delivered to members of the Federation of Indian Chambers of Commerce and Industry (FICCI) and the American Chamber of Commerce (AMCHAM) in Mumbai, Locke highlighted the U.S.-India commercial relationship and encouraged development of new business opportunities between the members of the delegation and their Indian counterparts. He also talked about the great progress India has made in opening its markets to U.S. companies but he noted that much more work needs to be done.

“If India continues its walk down ‘the path of reform,’ if it continues to become more open to the investments and the innovations of foreign companies – like the 24 companies I have with me this week – it will stand a much better chance of meeting the needs of its people and of helping to lead the global economy in the 21st century,” said Secretary Locke. “We've made important progress this week, not just to lay the groundwork for more sales of U.S. goods in India, but to take another real step towards strengthening the bonds between the governments, the businesses and the people of India and the United States.”

While in Mumbai, Locke also met with Indian CEOs, including Chairman Mukesh Ambani of Reliance Industries, who are part of the U.S.-India CEO Forum as a follow up from their meeting during President Obama’s trip to India in November. Locke solicited the group’s goals for the 2011 forum and they discussed a wide range of critical issues, including clean energy, standards and education.

Secretary Locke Announces 47 Percent Trade Surplus in the Travel and Tourism Industry

Secretary Locke convenes travel and tourism advisory committee

At a meeting of the Commerce Department’s Travel and Tourism Advisory Board today, Commerce Secretary Gary Locke announced a 47 percent surge in the travel and tourism trade surplus in 2010; the surplus now exceeds $28 billion. The United States welcomed more than 55 million international visitors during the first 11 months of 2010, 11.4 million more visitors than the year before. While international visitation increased 10 percent, international visitor spending increased 11 percent to $122.7 billion. The travel and tourism industry employs nearly 8 million people across the United States.

During the meeting, Locke discussed the progress made on the president’s National Export Initiative, which aims to double exports by 2015 in support of several million U.S. jobs. Through November 2010, total U.S. exports were up 17 percent, and travel and tourism is on track to contribute to significant export growth.

“Travel and tourism continues to be one of the bright spots in the U.S. economy,” said Locke. “With a $28.3 billion trade surplus in the first 11 months of 2010, this industry has a huge role to play in helping our country answer President Obama’s call to double our exports by 2015 and win the future.”

The Board consists of 30 industry leaders from the travel and tourism industry who are appointed to advise Secretary Locke on matters relating to the industry and provide policy recommendations.  The Board was re-chartered in September 2009, and the current term will expire on September 3, 2011. 

Members of the Travel Facilitation Working Group presented a letter to Secretary Locke with 10 recommendations that address key visa and customer service issues, with the goal to increase the number of overseas international visitors to the U.S. to meet the current forecast of 36.7 million visitors by 2015, supporting job creation. |  Remarks

Laying a Foundation to Double Our Exports, Increase Competitiveness

Today Secretary Locke wrote an op-ed posted in The Hill with a focus on how the administration and the Commerce Department are working to increase America's global competitiveness and create U.S. jobs by selling more American-made goods and services around the world.

Cross posted at The Hill

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As 2011 begins, the American economy is stronger than at any time since the Great Recession began in December 2007.

Retail sales just had their strongest quarterly gain since 2001. Private sector employment grew every single month in 2010, with the manufacturing sector posting its first increase in annual employment since 1997.

These are strong indications that the steps President Obama took to foster economic recovery are working — beginning with the Recovery Act and continuing through the December 2010 tax-cut package.

But that’s not to suggest that anyone within the administration or the Commerce Department is satisfied — not with unemployment still over 9 percent.

As we move forward, policymakers should remember that the most important contest is not between Democrats and Republicans, but between America and countries around the world that are competing like never before for the jobs and industries of the future.

Making the U.S. more competitive will require us to focus on two things: supercharging innovation and selling more American-made goods and services around the world, so that U.S. firms can hire more workers and reinvest in the research and development they need to keep growing.

Although the private sector will take the lead on innovation, we can’t forget that the government has always had an important, supportive role to play, and the Commerce Department is engaged in a variety of areas.

Commerce Secretary Locke Delivers Opening Remarks at the U.S.-China Economic and Trade Cooperation Forum in Chicago

U.S. Commerce Secretary Gary Locke delivered the opening address at the U.S.-China Economic and Trade Cooperation Forum with the Chinese Minister of Commerce, Chen Deming.  The Forum is jointly hosted by the Chicago Council on Global Affairs and the China Council for the Promotion of International Trade. 

Representing the Obama administration for Chinese President Hu Jintao’s visit to Chicago, Locke highlighted the progress that the United States and China have made to strengthen the bilateral relationship, emphasizing the benefits of Chinese foreign direct investment in the U.S. on the American economy.  He also reiterated the concerns that American business leaders continue to express about the commercial environment in China. 

While in Chicago, Locke also attended a dinner hosted by Chicago Mayor Richard Daley in honor of President Hu.  Remarks

Secretary Locke to Lead 24 U.S. Businesses on High-Tech Trade Mission to India

Twenty-four U.S. businesses will join Commerce Secretary Gary Locke for a business development mission to India on February 6-11.  The businesses joining the trade mission are based in 13 states across the country and more than half of them are small- and medium-sized companies.

The delegation, which also includes senior officials from the Export-Import Bank (EX-IM) and the Trade Development Agency (TDA), will make stops in New Delhi, Mumbai and Bangalore, where Locke will highlight export opportunities for U.S. businesses in the advanced industrial sectors, of civil-nuclear trade, defense and security, civil aviation, and information and communication technologies. Locke accompanied President Obama to India in November, where they witnessed more than $10 billion in business deals between U.S. companies and Indian private sector and government entities, supporting 50,000 American jobs.

“Exports are leading the U.S. economic recovery, spurring future economic growth and creating jobs in America,” Locke said. “The business leaders joining me on this mission see the great potential to sell their goods and services to India, helping drive innovation and create jobs in both countries.”

The India business development mission will help build on the exporting success U.S. companies had 2010 – up 17 percent compared to the same period in 2009. It will be Locke’s second trade mission as Commerce Secretary; in May, he led a clean energy business development mission to China and Indonesia.

Secretary Locke Delivers Remarks at CES to Highlight Administration’s Efforts to Promote Innovation, U.S. Exports

Locke at booth inspecting new devices and equipment

Commerce Secretary Gary Locke visited the Consumer Electronics Show (CES) today, where he delivered remarks on the Obama administration’s efforts to foster innovation and the President’s National Export Initiative (NEI), which seeks to double U.S. exports by 2015, supporting several million American jobs. 

Locke also discussed Commerce’s International Buyer Program (IBP), a key component of the Department’s export promotion effort. The IBP matches international buyers with U.S. companies that want to export. The Program recruited 34 delegations, consisting of 700 delegates from key markets such as China, Brazil, Vietnam, and Indonesia, to this year’s show – an increase of over 30 percent from the 2010 show.

During the CES, Locke also visited the booths of some small- and medium-sized businesses that have increased their sales to foreign markets with the help of the Commerce Department.

The CES is an annual event hosted by the Consumer Electronics Association, the preeminent trade association that represents more than 2,000 businesses to promote growth in the consumer technology industry.  This year’s CES has more than 2,500 small- and medium-sized businesses showcasing their products and services, as well as presentations by key industry leaders, such as Microsoft, Ford and Verizon.  Remarks

Secretary Locke to Visit the Consumer Electronics Show

Photo Credit: Consumer Electronics Show

Secretary Gary Locke will visit the Consumer Electronics Show (CES) in Las Vegas Thursday where he will discuss the Obama administration’s efforts to foster innovation and the President’s National Export Initiative (NEI), which seeks to double U.S. exports by 2015, supporting several million American jobs.

The Consumer Electronics Show is taking part in Commerce’s International Buyer Program – a key component in reaching President Obama’s exports goal. Jointly created by the Commerce Department and industry groups, the International Buyer Program (IBP) matches international buyers with U.S. companies that want to export.  In Las Vegas, the IBP has recruited to the show's 34 delegations, consisting of 700 delegates, from key markets such as China, Brazil, Vietnam, and Indonesia – an increase of over 30 percent from the 2010 show.

Here’s how it will work: Foreign trade specialists work with both the Consumer Electronics Association and Department of Commerce domestic trade specialists to identify U.S. companies exhibiting at the show whose technology is attractive to foreign buyers.  These specialists then set up meetings at the show between the buyers and American sellers.  Additionally, U.S. companies will be able to meet with the foreign trade specialists to get information about doing business in markets abroad.

Commerce, NAM and FedEx Join Forces to Boost U.S. Exports

Commerce Department, National Association of Manufacturers, Fedex Join Forces to Boost U.S. Exports

Secretary Locke joined by Sureesh Kumar, Russell Fleming and Gov. John Engler pose after the NMEI press conferenceU.S. Commerce Secretary Gary Locke joined Governor and President of the National Association of Manufacturers (NAM) John Engler and FedEx officials today at the Commerce Department to announce a new partnership that will help increase U.S. exports and create jobs in America. NAM, the nation’s leading manufacturing association, is the first industry organization to launch the Department’s New Market Exporter Initiative (NMEI), which will bolster President Obama’s National Export Initiative (NEI) by identifying NAM members and FedEx customers who already export and helping them expand to new international markets by connecting them with Commerce Department trade specialists.

Commerce, NAM and FedEx will work with businesses to identify key markets, build market-entry strategies and provide the guidance needed to take high-quality products and services from the U.S. to global markets – building their businesses, increasing American exports and supporting new jobs at home. Small- and medium-sized companies interested in expanding into new markets will have access to the free resources and tools available through a nationwide network of international trade experts and global shipping specialists. Activities to build awareness will include outreach at trade shows, direct mail campaigns and online registration for resource support.

“We know that American businesses produce world-class goods and services,” Locke said. “What we can improve is connecting those businesses to the 95 percent of the world's consumers living outside our borders. This partnership with the National Association of Manufacturers will do just that – helping to link manufacturers, especially small- and medium-sized firms, with new markets abroad.”

Manufacturers play a key role in exports with two-thirds of all manufactured goods contributing to overall exports. In 2008, American exports accounted for nearly 7 percent of our total employment and one in three manufacturing jobs.

Commerce Department’s Clean Technology Trade & Investment Mission Moves to Brussels, Belgium

U.S. Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan (right) meets with U.S. Ambassador to Belgium, Howard Gutman at the Ambassador’s residence during the U.S. Cleantech Trade and Investment Mission to Belgium.U.S. community and business delegates participating in the joint U.S. Economic Development Administration (EDA)/International Trade Administration (ITA) Clean Technology Trade & Investment Mission moved on to Brussels, Belgium on Thursday after spending three very productive days exploring opportunities to increase exports and attract foreign direct investment in the United States while in Lyon, France at Pollutec, a tradeshow that featured the world's leading international exhibit for the environment and sustainable development markets. 

Upon arriving in Brussels, the delegation participated in a reception hosted by U.S. Ambassador to Belgium, Howard Gutman at the Ambassador’s residence.  The event, hosted by the American Chamber of Commerce Brussels (AmCham) and Xerox gave the delegates an opportunity to make important international connections with companies involved in the clean technology sector.

Ambassador Gutman; AmCham President Scot Beardsley; EDA Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan; and Xerox Director of Global Services Phillipe Janssens addressed the delegation during the function.

Secretary Locke speaks to the Federation of Indian Chambers of Commerce and Industry and the American Chamber of Commerce in New Delhi

Delivering remarks at a business innovation-focused event hosted by the Federation of Indian Chambers of Commerce and Industry and the American Chamber of Commerce in New Delhi today, Commerce Secretary Gary Locke discussed the economic opportunities that would result from a closer relationship between the U.S. and India, and underscored the importance of mutually beneficial, job-creating trade between the two nations.

Locke also announced the launch of a U.S.-India Energy Cooperation Program, a partnership that brings together U.S. and Indian companies and our two governments to focus on specific projects and initiatives that will develop the clean energy marketplace and help realize its potential within India. He gave particular thanks to the U.S. Trade Development Agency and its director, Lee Zak, for making the program a reality and for providing the support necessary to get the first two projects off the ground.

On Saturday at the U.S.-India Business and Entrepreneurship Summit in Mumbai, Locke announced he will lead a high-tech trade mission to India. The February 6-11, 2011 business development mission will promote the export of high-technology products from leading U.S. firms and make stops in New Delhi, Mumbai, and Bangalore. The second trade mission led by Locke, it will highlight export opportunities for U.S. businesses in a broad range of advanced industrial sectors, including civil-nuclear trade, defense and security, civil aviation and information and communication.

Remarks