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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.

⇒ Apply Now: 2021 SelectUSA Investment Summit - June 7-11, 2021

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Spotlight on Commerce: Sherri Curtis-Lattisaw, Administrative Specialist, SelectUSA, International Trade Administration

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Guest blog post by Sherri Curtis-Lattisaw, Administrative Specialist, SelectUSA, International Trade Administration I am an Administrative Specialist at the Department of Commerce's International Trade Administration (ITA). Within ITA, I work for SelectUSA. SelectUSA's mission is to facilitate a job-creating business investment into the United States and raise awareness of the critical role that...

Apply Now: 2021 SelectUSA Investment Summit

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The following is a cross-post from SelectUSA Mark your calendar and make plans to attend the 2021 SelectUSA Investment Summit, June 7-11. The Investment Summit is the #1 business investment event in the United States and this year, will be a virtual experience to remember. The first-ever virtual Investment Summit is on pace to provide opportunity for more investors from more markets and greater...

Commerce Secretary Signs MOU Establishing U.S. Trade Zone in Kingdom of Bahrain

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Yesterday, the U.S. Department of Commerce and the Ministry of Industry, Commerce and Tourism of the Kingdom of Bahrain signed of a Memorandum of Understanding (MoU) to Enhance U.S.-Bahrain Trade through the Establishment of a U.S. Trade Zone (USTZ) in the Kingdom of Bahrain. The MoU was signed by U.S. Secretary of Commerce Wilbur Ross and the Minister of Industry, Commerce, and Tourism in the...

Remarks by Commerce Secretary Wilbur Ross at the Export-Import Bank Virtual Board Meeting on Domestic Content Policy

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Thank you, Chairman Reed and Directors Bachus and Pryor, for your leadership of this Board, and for your work developing the proposal we are considering today, permitting EXIM to provide full financing packages for exports in designated transformational sectors containing at least 51 percent U.S. content. This change is an update over the current policy which stipulates an 85 percent requirement...

U.S. Secretary of Commerce Wilbur Ross and Singapore Minister for Trade and Industry Chan Chun Sing Sign Memorandum of Understanding on Trade Financing and Investment Cooperation

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The United States of America (U.S.) and Singapore have signed a Memorandum of Understanding (MOU) to deepen economic cooperation and extend trade financing and investment support to companies in Singapore and the U.S. The MOU was signed by U.S. Secretary of Commerce Wilbur Ross and Singapore Minister for Trade and Industry Chan Chun Sing. “The U.S. and Singapore have enjoyed more than fifty years...

Apply Now: 2021 SelectUSA Investment Summit

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Mark your calendar and make plans to attend the 2021 SelectUSA Investment Summit, June 7-11. The Investment Summit is the #1 business investment event in the United States and this year, will be a virtual experience to remember. The first-ever virtual Investment Summit is on pace to provide opportunity for more investors from more markets and greater representation from economic developers (EDO)...

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Organized by Ian Hyland, President, Ireland INC. Thank you, Ian, for organizing this important forum today. And a warm welcome to Ambassador Crawford, and the panelists joining today’s discussion. I am grateful for all you do to support the strong bond between our two countries – a relationship whose history pre-dates both of our nations’ independence. Nearly a quarter million Irish immigrants...

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Remarks by Commerce Secretary Wilbur L. Ross at the Palm Beach Chamber of Commerce Roundtable

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Introduced by Laurel Baker, CEO and Secretary, Palm Beach Chamber of Commerce Thank you, Laurel, for that kind introduction, and for your two decades of dedicated service helming the Palm Beach Chamber of Commerce. My thanks also to Dennis Grady, for your 30 years of service as CEO of the Chamber of Commerce of the Palm Beaches. For the last several weeks, I have been in meetings like this with...

Remarks by Commerce Secretary Wilbur L. Ross at the Roundtable with the Greater Fort Myers Chamber of Commerce

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Introduced by Helen Edenfield, Global Director for Facilities, NeoGenomics Thank you, Helen, for that kind introduction. I was really looking forward to seeing the facility and all of you in person, but as you can appreciate this is a particularly hectic time in the administration and a totally unexpected event made it impossible for me to spend the travel time to and from Ft. Meyers. But I am...