Yesterday, the 2023 SelectUSA Investment Summit came to a close, marking the largest Investment Summit in SelectUSA history, with 4,900 attendees spanning 83 international markets represented. “This year’s record-setting SelectUSA Investment Summit has shown why the United States has remained the top destination for global investment for over a decade, and why the incredible investments we're...

U.S. Secretary of Commerce Gina Raimondo and United States Trade Representative Katherine Tai today announced that the United States will host an Indo-Pacific Economic Framework (IPEF) ministerial meeting in Detroit, Michigan on May 27, 2023. “I am pleased that we are maintaining positive momentum and a fast pace on negotiations with our IPEF Partners,” said Secretary Gina Raimondo . “Ambassador...

Today, Deputy Secretary Don Graves welcomed Danish Minister for Industry, Business and Financial Affairs Morten Bødskov to the SelectUSA Investment Summit and thanked him for co-leading the Danish delegation of companies to the Investment Summit, along with U.S. Ambassador to Denmark Alan Leventhal. The Deputy Secretary acknowledged Denmark’s global leadership in developing renewable energy...

Joint initiative strengthens federal technical assistance to foreign multinationals starting or expanding U.S. operations Today, Secretary of Commerce Gina Raimondo, Secretary of Education Miguel Cardona, and Acting Secretary of Labor Julie Su announced the launch of SelectTalentUSA, a joint initiative to help build a pipeline of skilled workers to meet the growing workforce needs of foreign...

Yesterday, Secretary Gina Raimondo held meetings with Japan’s Minister of Economy, Trade, and Industry Yasutoshi Nishimura and the Minister of Foreign Affairs Yoshimasa Hayashi. Secretary Raimondo thanked both Ministers for Japan’s leadership on the Indo-Pacific Economic Framework for Prosperity (IPEF). In particular, the Secretary and Ministers discussed the importance of the work within IPEF to...

Today, U.S. Secretary of Commerce Gina Raimondo met with Minister of Trade, Industry and Energy of the Republic of Korea (ROK) Lee Chang-yang to hold the first Ministerial-level meeting of the U.S.–ROK Supply Chain and Commercial Dialogue (SCCD). The Secretary and the Minister discussed shared efforts on export controls and semiconductor supply chain resiliency. They also formally launched a new...

United States Secretary of Commerce Gina Raimondo and Republic of Korea Minister of Trade, Industry, and Energy Chang-Yang Lee ("the Participants") signed a Memorandum of Understanding to launch the United States - Korea Supply Chain and Commercial Dialogue (“SCCD”) on May 21, 2022. The SCCD aims to strengthen the international competitiveness of both U.S. and Korean industries and foster...

Commerce Deputy Secretary Don Graves, Treasury Deputy Secretary Wally Adeyemo, and Vice Minister Masato Kanda of the Japanese Finance Ministry convened Deputies of the G7 Enforcement Coordination Mechanism to bolster the enforcement of multilateral sanctions and export controls aimed at denying Russia the inputs it needs to equip its military and the revenue necessary to fund its illegal war...