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Export and investment promotion

Exports and foreign direct investment (FDI) are proven job generators. Exported goods and services supported 10.7 million well-paying U.S. jobs in 2016. In 2015, majority-owned U.S. affiliates of foreign companies directly employed 6.8 million Americans.

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Secretary Ross Announces Appointments to the Department’s Advisory Council on Foreign Direct Investment

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The following is a cross-post from Tradeology , the official blog of the International Trade Administration Representatives from more than two dozen economic development organizations and business executives from across the United States will soon provide something invaluable to the federal government: their expertise on how the Administration can best attract and utilize the largest amount of...

Secretary of Commerce Wilbur Ross Completes South American Trip

Press releases
From July 29th to August 6th, U.S. Secretary of Commerce Wilbur Ross visited three South American countries – Brazil, Argentina, and Peru – in order to further solidify the strong relationships the United States has with these nations as well as to push for an end to the ongoing crisis in Venezuela. “South American nations are critical partners for the United States in economic, political, and...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the 17th Latin American Infrastructure Leadership Forum in Brasilia, Brazil

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Intro by Norman Anderson, Chair/CEO CGLA Thank you, Norm, for the kind introduction. Thanks also for the opportunity to participate in today’s infrastructure forum. By bringing governments with deal-ready projects together with highly qualified companies, this is fast-tracking needed infrastructure development in the Americas. I see that the United States’ private sector is well-represented here....

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the Venezuela Infrastructure Breakfast in Brasilia, Brazil

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Introduced by Norman Anderson, Chair/CEO CG/LA Thank you, Norm, for the kind words and to the CG/LA team for convening this discussion highlighting the future of Venezuela. Venezuela’s infrastructure needs are far more severe than other Latin American countries because of years of neglect. And because their economy has shrunk between 5 and 25 percent a year under Maduro, the amounts seem...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the U.S. Travel and Tourism Advisory Board

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Introduced by Brian Beall of ITA’s National Travel and Tourism Office Thank you, Brian, for that kind introduction. Good afternoon everyone, and welcome to the Commerce Department. It’s great to see you again. Thank you for your dedication to the U.S. Travel and Tourism Advisory Board. Thanks also to John and Kurt for your leadership of the Board. The Board’s policy recommendations on a range of...

Remarks At The Inauguration Of Panama President-Elect Mr. Laurentino “Nito” Cortizo

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Introduced by Roxanne Cabral, Chargé d’Affaires, U.S. Embassy Panama Thank you, Roxanne, for that kind introduction. It is a great pleasure to be here for tomorrow’s inauguration of President-elect Laurentino Cortizo. We are all looking forward to that historic event. We hope the new President can build a strong consensus, and that his term fortifies Panama’s current period of financial and...

Deputy Secretary Karen Dunn Kelley Launches New Administration Strategy to Increase Trade and Investment in Africa

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The following is a cross-post from the International Trade Administration From June 18 – June 21, U.S. Deputy Secretary of Commerce Karen Dunn Kelley led a U.S. Government delegation to Maputo, Mozambique to participate in the Corporate Council on Africa's U.S.-Africa Business Summit. In Deputy Secretary Kelley’s keynote remarks , she unveiled additional details about the Trump Administration’s...

Business Potential Met Business Opportunity at the 2019 SelectUSA Investment Summit

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The following is a cross-post from Tradeology, the official blog of the International Trade Administration Blog post by Brian Lenihan, Executive Director, SelectUSA The 2019 SelectUSA Investment Summit is over, but its impact is just beginning. Last week, thousands of people from all over the world converged on the Washington Hilton in Washington, D.C. to turn business potential into business...

Secretary of Commerce Wilbur Ross Appoints New Members of the President’s Advisory Council on Doing Business in Africa

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department of Commerce, on behalf of President Donald J. Trump, has appointed 26 members to the President’s Advisory Council on Doing Business in Africa (PAC-DBIA). “The United States is making real progress in Africa, and we remain a strong, long-term, and stable partner in the continent’s economic development especially through the...

Remarks by Deputy Secretary Karen Dunn Kelley at the Corporate Council on Africa’s U.S.-Africa Business Summit in Maputo, Mozambique

Speeches
Good morning, and thank you, Florie, for your kind introduction. I’d also like to thank President Nyusi for hosting. Your excellencies, honorable ministers, members of the diplomatic corps, distinguished guests, and ladies and gentleman. It’s an absolute honor to be in Maputo, Mozambique on behalf of: the President of the United States and the U.S. Secretary of Commerce at the biennial “Corporate...