The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), has taken additional action to degrade Russian and Belarusian defense, aerospace, maritime, and other strategic sectors in response to Russia’s brutal assault on the sovereignty of Ukraine. BIS is issuing a final rule adding 120 entities to the Entity List. Ninety-five (95) entities are being added as military end...

Today, U.S. Commerce Secretary Gina Raimondo, U.S. Energy Secretary Jennifer Granholm, and North Carolina Governor Roy Cooper applauded Vietnamese automaker VinFast’s announcement of a multi-billion dollar-investment in building electric vehicles and batteries in North Carolina. VinFast’s investment will create more than 7,000 jobs in the region and fuel American efforts to combat the climate...

Today, Secretary of Commerce Gina M. Raimondo met with Australian Minister for Trade, Tourism, and Investment Dan Tehan to launch the Australia–U.S. Strategic Commercial Dialogue (AUSSCD) , an ongoing dialogue between the Commerce Department and Australia’s Department of Foreign Affairs and Trade, jointly led by the Secretary and Minister. The Secretary thanked Minister Tehan for Australia’s...

Secretary of Commerce Gina Raimondo and Minister for Trade, Tourism, and Investment Dan Tehan met on March 30 in Washington D.C. for the inaugural Australia-U.S. Strategic Commercial Dialogue (AUSSCD). Australia and the United States have a deep and long-standing trade and investment relationship, underpinned by the Australia-U.S. Free Trade Agreement. Australia is the ninth largest source of...

Thank you, Peter, for that introduction, and thank you to Dr. Frederick and Howard University for hosting us today. And thank you, Vice President Harris and Administrator Guzman, for joining us. I’m excited to join all of you for today’s announcement. It builds on the Biden-Harris administration’s laser-focus on creating good-paying jobs for American workers. A very wise person, an inventor, once...

By U.S. Commerce Secretary Gina M. Raimondo The Department of Commerce has one overarching goal: To improve America’s economic competitiveness so that our workers and our companies succeed in the global economy. And Women’s History Month is a great time to showcase the achievements of women scientists, entrepreneurs, inventors, educators, and many others who have contributed to that goal and...

Today, Commerce Secretary Gina M. Raimondo met with Singapore’s Minister for Trade and Industry Gan Kim Yong and Minister for Communications and Information Josephine Teo, who are visiting the United States as part of Prime Minister Lee Hsien Loong’s delegation. During their meeting, Secretary Raimondo and the delegation’s members discussed joint coordination efforts on the Indo-Pacific Economic...

The Memorandum of Understanding implementing the PGI was signed by Singapore’s Minister for Trade and Industry Gan Kim Yong and U.S. Secretary of Commerce Gina Raimondo in October 2021. The PGI is a bilateral economic cooperation platform designed to secure inclusive growth for our economies and regions by strengthening U.S.-Singapore collaborations in new and forward-looking areas. Under the PGI...