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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Op-Ed: A Launching Point for Growth in the U.S.-Greece Relationship

Last October, President Trump accepted Greek Prime Minister Alexis Tsipras’ invitation for the United States to be the honored country at the 83 rd Thessaloniki International Fair. (TIF). The U.S. Pavilion and our extensive commercial, defense and cultural representation at the Fair symbolize the strong U.S. support for Greece throughout its long economic crisis and our commitment to continue this...

U.S. Secretary of Commerce Wilbur Ross Meets with President of Kenya, Uhuru Kenyatta, Announces Over $850 Million in U.S.-Kenya Commercial Deals and Engagements

Press releases
On August 27, 2018, U.S. Secretary of Commerce Wilbur Ross, along with four other senior U.S. Government officials and 30 U.S. business executives, met with Kenyan President Uhuru Kenyatta and announced over $850 million in public and private commercial deals and engagements. For details, please see the U.S.-Kenya Commercial Announcements Fact Sheet . The meeting was hosted by the Business Council...

Remarks by Secretary Wilbur L. Ross at the Business Roundtable and the Evening Reception on the Occasion of the Inauguration of Paraguay President-Elect Mario Abdo Benítez, Asuncion, Paraguay

Thank you, Ambassador McClenny, for your kind introduction and for greeting our delegation today at the airport. On behalf of the delegation of U.S. officials who have flown with me from Washington, thank you all for being here and welcoming us to Paraguay. We are honored to be attending the inauguration of Paraguay’s new President Abdo Benítez. I am here on behalf of President Trump, First Lady...

Opinion: China is 'pouring money into Africa.' Here's how the US can level the playing field

By Commerce Secretary Wilbur Ross and Senator Chris Coons The African continent offers real opportunities thanks to some of the world's fastest growing economies and an expanding labor force. As a Cabinet Secretary and a Democratic Member of the Senate Foreign Relations Committee, respectively, we agree that the United States must do more to present our African partners with better alternatives to...

U.S. Secretary of Commerce Wilbur Ross Announces Programs to Increase U.S. Commercial Engagement in the Indo-Pacific Region

Press releases
Following Secretary of Commerce Wilbur Ross’s participation in the Indo-Pacific Business Forum today, the Department of Commerce is announcing its plan to dedicate three of its upcoming flagship events to Indo-Pacific themes: Discover Global Markets (DGM): Indo-Pacific – will take place in Salt Lake City, Utah, December 10-12, 2018 and will highlight opportunities for U.S. exporters in Asia. It...

U.S. Department of Commerce Congratulates Tom Gilman, White House Pick to be Assistant Secretary of Commerce and Chief Financial Officer

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross congratulated Mr. Tom Gilman after the White House announced their intent to nominate him to be the Assistant Secretary of Commerce for Administration and Chief Financial Officer. Mr. Gilman has considerable experience as a leader across several industries and as a valued advisor to business leaders around the world. Ms. Lisa Casias, currently...

U.S. Department of Commerce Announces Call for Nominations to Investment Advisory Council

Press releases
The U.S Department of Commerce announced today that it is accepting nominations for the Secretary’s Investment Advisory Council. The role of the Council is to consider ways to attract and retain foreign direct investment (FDI) in the United States. Comprehensively, the United States is home to more FDI than any other country in the world, with a total stock of $3.7 trillion at the end of 2016....

Secretary Ross's Keynote Address at the U.S.-Ghana Business Forum

Introduced by Joe Mensah, President of AmCham Ghana. Good afternoon, and thank you, Joe, for that kind introduction. Thank you, too, Vice President Bawumia, and the Ministers from the Ghana government who are with us today. And a special thank you to the American Chamber for hosting this gathering of leaders from the Ghana government and business community, along with your members and guests....

U.S. Secretary of Commerce Wilbur Ross, President’s Advisory Council on Doing Business in Africa, Announce $1 Billion in Deals during Africa Mission

Press releases
U.S. Secretary of Commerce Wilbur Ross and a delegation from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) announced over $1 billion in private-sector deals during their mission to four sub-Saharan nations. PAC-DBIA members expect to quickly conclude more than $2 billion in additional deals in the coming days. The four-nation visit, which included stops in Ethiopia, Kenya...

Africa Matters: Why the U.S. Should Bolster its Trading Relationships with African Countries

Businesses can help grow African economies, create more job opportunities and export more products to the continent’s markets. This post is part of a series highlighting the four-nation President’s Advisory Council on Doing Business in Africa (PAC-DBIA) fact-finding mission led by the Secretary of Commerce and the Under Secretary of Commerce for the International Trade Administration. For more...