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Blog Category: Trade mission

U.S. Companies Invited to Apply to Join Secretary Locke on Upcoming High-Tech Trade Mission to India

India Trade Mission Graphic

UPDATED: The application deadline for the India Trade Mission has been extended to Friday, December 3, 2010.

Earlier this month in Mumbai, Commerce Secretary Gary Locke announced that he will lead a high-technology trade mission to India next February. The India High Technology Business Development Mission is focused on U.S. companies that offer products or services in the civil nuclear, defense and security, civil aviation, and information communications technology industries and are looking to either expand their current business in India or are interested in entering the market for the first time. 

If you’re interested in participating in the upcoming trade mission, time is running out to apply. If your company meets the participation requirements, complete a mission application by Nov. 30 to join Secretary Locke in New Delhi, Bangalore and Mumbai this February.  Submitted applications will be reviewed by industry and market experts, and final participants will be selected from the most qualified candidates.  Application status notifications will be sent out Dec. 13.

This business development mission will give U.S. companies access to market information and high-level business and government contacts, helping them to solidify international business strategies and advance their projects.  They will meet with prescreened potential business partners, agents, distributors, representatives and licensees, as well as high-level national and local government officials. The agenda will also include networking opportunities, country briefings and seminars.

Learn more about the India High Technology Business Development Mission on the India Mission 2011 homepage or by contacting the Office of Business Liaison at IndiaMission2011[at]doc[dot]gov or 202-482.1360.

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

Secretary Locke Speaks at U.S.-India Business and Entrepreneurship Summit, Announces Forthcoming Trade Mission to India

Delivering remarks at the U.S.-India Business and Entrepreneurship Summit in Mumbai today, Commerce Secretary Gary Locke discussed ways the U.S. and India can work together to promote trade that creates opportunity and jobs in both nations.

Locke remarked on the potential for a bilateral clean energy partnership, as well as the opportunities for American companies to help meet India’s healthcare and infrastructure needs.

At the Summit, 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.

Exports represent a critical part of the economy and are a key component of the Obama administration’s efforts to spur new job creation. Earlier this year, President Obama outlined his National Export Initiative (NEI), which seeks to double exports by 2015, in support of several million new U.S. jobs. The NEI enhances the U.S. government’s trade promotion efforts, increases available credit for businesses – especially small and medium-sized businesses – looking to export and continues to improve efforts to remove trade barriers for U.S. companies in foreign markets. Remarks

Commerce Department Continues Focus on Expanding Markets for U.S. Exports

Secretary Gary Locke will join President Obama in India this week, where they will work to deepen bilateral economic cooperation between the two countries on a regional and global level. Continuing to expand bilateral economic ties with India is an important step toward achieving the goals of the president’s National Export Initiative, which aims to double U.S. exports within the next five years in support of several million U.S. jobs.

While in Mumbai, Locke will participate in the U.S.-India Business and Entrepreneurship Summit. He will then travel to New Delhi, where he will give a keynote address at a Federation of Indian Chambers of Commerce and Industry and the American Chamber of Commerce event.  In 2009, U.S. trade with India totaled $37.6 billion, and trade this year has already reached $32.4 billion through August.

Watch this video to hear from small business owners about their experiences partnering with the Department of Commerce.

Commerce's Carribean Trade Mission Yields Positive Results for U.S. Firms

Dominican Republic and Jamaica offer small- and medium-sized companies opportunity

Wrapping up the administration’s first trade mission to the Caribbean, Commerce Department senior adviser and Deputy Chief of Staff Rick Wade stressed that geographical proximity and shared historical and cultural ties make the Dominican Republic and Jamaica prime destinations for U.S. goods and services. Wade led a 10-company U.S. trade mission to the region to promote export opportunities June 13-19.

“In today’s global marketplace, it is critical for companies to establish alliances with partners in other markets in order to be competitive,” Wade said. “Because of its close proximity and a favorable trading relationship over time, the Caribbean is a natural area for U.S. firms to explore new export opportunities that will result in more jobs for American workers.”

The United States is the primary trading partner for both countries. In 2009, U.S. exports to the Dominican Republic and Jamaica totaled $5.27 billion and $1.45 billion, respectively.  Read more  Upcoming trade missions

Senior Commerce Official Wade to Lead Trade Mission to Dominican Republic and Jamaica

Rick Wade, senior adviser and deputy chief of staff to U.S. Commerce Secretary Gary Locke, will lead a delegation of 10 small- and medium-sized U.S. businesses on a trade mission to Santa Domingo, Dominican Republic, and Kingston, Jamaica, June 13-19 to promote U.S. exports in the Caribbean.

The trade mission will give participating U.S. companies the opportunity to meet with potential business partners and network with key Dominican and Jamaican government and industry officials. The business delegation will promote U.S. products and services in a range of consumer goods, construction and automotive sectors with foreign buyers and governments.

Trade missions are an important component to achieving the goals of President Obama’s National Export Initiative, which aims to double U.S. exports within five years to support the creation of two million jobs. This mission will help open doors for U.S. firms interested in entering or expanding their presence in the Caribbean region. Read more

Secretary Locke Briefs Washington Foreign Press Center on Upcoming Trade Mission to China and Indonesia

Commerce sealU.S. Commerce Secretary Gary Locke led a briefing at the Washington Foreign Press Center on the Obama administration’s first Cabinet-level trade mission to China and Indonesia next week. The clean energy business development missions will promote exports of leading U.S. technologies related to clean energy, energy efficiency and electric energy storage, transmission and distribution. In his remarks, Locke said, “Here at home, every American should know that when a U.S. clean energy company finds success abroad, it creates more jobs in the United States." (Remarks)