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Feb052016

U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the December 2015 U.S. International Trade in Goods and Services monthly and 2015 annual data. U.S. exports of goods and services totaled $2.23 trillion in 2015, a 4.8 percent decrease from 2014. Overall, the United States increased goods exports to 58 international markets, establishing records with...

Feb042016

U.S Secretary of Commerce Penny Pritzker and U.S. Secretary of Homeland Security Jeh Johnson today joined Mexican President Enrique Peña Nieto to inaugurate the Tornillo-Guadalupe Port of Entry and International Bridge in Tornillo, Texas. The port of entry will replace the Fabens-Caseta Port of Entry completed in 1938 and will connect Tornillo, Texas and Guadalupe, Mexico.

Jan282016

A report issued today by the U.S. Department of Commerce recommends amendments to copyright law that would provide both more guidance and greater flexibility to courts in awarding statutory damages. The recommended amendments would ensure continued meaningful protection for intellectual property while preserving the dynamic innovation that has made digital technology so important to the American...

Jan272016

Today I am joined in Kigali by the group of senior executives who comprise the President’s Advisory Council on Doing Business in Africa. Their charge is to provide recommendations to President Obama and me on policy steps we can take to strengthen commercial engagement between the United States and countries across Africa, including how to build lasting partnerships between the U.S. and African...

Jan262016

Today, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) are announcing new amendments to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), respectively. These amendments further implement the new direction toward Cuba that President Obama laid out in...

Jan262016

During the week of September 19, 2016, on the occasion of the 71st Session of the UN General Assembly, Bloomberg Philanthropies and the U.S. Department of Commerce will co-host the second U.S.-Africa Business Forum, a day focused on increased trade and investment between the U.S. and African nations. The U.S.-Africa Business Forum will build on the progress of the inaugural Forum, held during the...

Jan252016

Today, U.S. Secretary of Commerce Penny Pritzker addressed U.S. and African business leaders at an event hosted by the Tony Elumelu Foundation and the United Bank for Africa titled "Unleashing Africa’s Entrepreneurs: Strengthening the Entrepreneurial Ecosystem to Empower the Next Generation of Africa’s Business Leaders.” The President's Advisory Council on Doing Business in Africa (PAC-...

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