The U.S. Department of Commerce and the Office of the United States Trade Representative today announced that a U.S. delegation will travel to Bangkok, Thailand, from September 10-16 for the fifth negotiating round of the Indo-Pacific Economic Framework for Prosperity (IPEF). In Bangkok, the IPEF partners will continue to make progress on negotiations towards high-standard outcomes under Pillars I...

Today, Deputy Secretary Don Graves with Romanian Minister of Energy Sebastian Burduja to discuss bilateral economic and commercial cooperation on energy issues. The leaders discussed the advancement of renewable energy, including civil nuclear, solar, and offshore wind technologies, as well as updates on the deployment of the Small Modular Reactor Public-Private Program led by the U.S. Department...

Today, the U.S. Department of Commerce is celebrating the first anniversary of the historic CHIPS and Science Act. Signed into law by President Joe Biden, the law invests $50 billion to boost U.S. manufacturing, bring supply chains back to our shores, and protect national security. The CHIPS and Science Act will enhance the competitiveness of the American semiconductor industry to reduce reliance...

Today, the Department of Commerce’s National Telecommunications and Information Administration (NTIA) awarded nearly $5.5 million in the first round of grants from the Public Wireless Supply Chain Innovation Fund . The $1.5 billion Wireless Innovation Fund supports the development of open and interoperable wireless networks as part of the Biden-Harris Administration’s Investing in America agenda...

Today, Secretary Gina Raimondo met with Mongolian Prime Minister Luvsannamsrain Oyun-Erdene to advance the trade and investment relationship between the United States and Mongolia. The leaders celebrated over three decades of close ties between the countries and outlined opportunities for future cooperation, particularly in the critical minerals and agricultural sectors. They also discussed the...

The Capital Readiness Program represents the Commerce Department’s largest investment in support of underserved entrepreneurs. Today, Vice President Harris announced the recommended awardees for the MBDA Capital Readiness Program. The Capital Readiness Program is a $125 million technical assistance program to help underserved entrepreneurs grow and scale their businesses. Once final awards are...

Today, Vice President Kamala Harris and U.S. Secretary of Commerce Gina Raimondo traveled to Kenosha, WI, to celebrate the announcement of new electronics equipment production in the U.S. made possible by the Biden-Harris Administration’s “Investing in America” agenda. The Bipartisan Infrastructure Law requires the use of Made-in-America materials and products for federally funded infrastructure...

The United States Departments of Commerce (DoC) and Defense (DoD) have signed a Memorandum of Agreement (MOA) to expand collaboration to strengthen the U.S. semiconductor defense industrial base. The agreement will increase information sharing between the Departments to facilitate close coordination on the CHIPS for America’s incentives program, ensuring that their respective investments position...