Today, Deputy Secretary of Commerce Don Graves met with Uzbekistan’s Deputy Prime Minister Sardor Umurzakov to discuss the U.S.-Uzbekistan commercial relationship. Deputy Secretary Graves expressed the Department’s commitment to expanding commercial ties with Uzbekistan and supporting the country’s sovereign economic development goals. The Deputy Secretary also noted some proposals aimed towards...

Today, Commerce Secretary Gina M. Raimondo met with Polish Minister for Economic Development and Technology Piotr Nowak. During their meeting, Secretary Raimondo expressed the United States’ deep appreciation for Poland’s longstanding partnership with the United States, particularly as our countries work to preserve the security and stability of the European continent in the face of unlawful...

Today, the U.S. Department of Commerce announced that it is requesting public comment on key areas of interest related to the Biden-Harris Administration’s Indo-Pacific Economic Framework, which aims to deepen economic relations in the region. On October 27, 2021, President Joseph R. Biden announced that the United States would explore the development of an Indo-Pacific Economic Framework to...

Today, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) imposed restrictions on the export, reexport, and transfer (in country) of luxury goods to all end users in the Russian Federation (Russia) and Belarus and to certain Russian and Belarusian oligarchs and malign actors located worldwide. This action is in response to Russia’s brutal, continuing invasion of Ukraine (as...

Today, following President Biden’s signing of an Executive Order on “Ensuring the Responsible Development of Digital Assets” that establishes a Federal government-wide approach to the development of the digital assets industry, Secretary of Commerce Gina M. Raimondo issued the following statement: “President Biden has identified a bold and prudent path forward for a whole-of-government approach to...

Today, March 8, U.S. Deputy Secretary of Commerce Don Graves hosted a roundtable with industry and labor leaders to promote safe business travel in the wake of the COVID-19 pandemic. They addressed shifting demand as pandemic restrictions ease and more people travel for spring and summer vacations. As businesses return to in-person work, the panel also discussed how to organize large group events...

The Republic of Korea’s Minister of Trade, Industry and Energy Moon, Sung Wook and Secretary of Commerce Gina M. Raimondo are pleased to announce the formal addition of the Republic of Korea to the growing global coalition of nations that are standing against Russian aggression by implementing stringent export control policies. The U.S. Department of Commerce, through its Bureau of Industry and...

The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), has taken two additional actions in response to Russia’s brutal assault on the sovereignty of Ukraine. The new regulations target Russia’s oil refining sector with new stringent export controls and identify 91 entities that support Russian military activities. These actions will further restrict access to U.S...