Today, Secretary of Commerce Gina Raimondo and India’s Minister of External Affairs Subrahmanyam Jaishankar met to discuss the U.S.-India commercial relationship. Secretary Raimondo expressed interest in continued engagement with the Government of India as the United States moves toward the launch of the Indo-Pacific Economic Framework. She also shared updates on the U.S.-India CEO Forum, which is...

Today, Deputy Secretary of Commerce Don Graves met with German State Secretary for Economic, Finance and European Affairs Jörg Kukies from the German Chancellery. During the meeting, Deputy Secretary Graves commended Germany for its unprecedented support for Ukraine and emphasized the Department of Commerce’s strong interest in working with Germany as it continues to diversify its energy sources...

Thank you to Administrator Power and USAID for organizing today’s event, and the U.S. Chamber of Commerce for hosting us. I also want to thank the American Chamber of Commerce in Ukraine, the U.S.-Ukraine Business Council, and the American-Ukrainian Business Council for keeping their employees and members safe, informed, and engaged throughout this crisis. I want to acknowledge Ambassador Oksana...

Thank you, Paul, for that kind introduction. Welcome to the members of the Trade Finance Advisory Council, our interagency colleagues, and members of the public who are with us this afternoon. It’s a pleasure to join you all again, and I’m honored to have now attended two out of the three Council meetings this term. At the Commerce Department, we have one overarching goal: to improve America’s...

Today, Secretary of Commerce Gina Raimondo and Austrian Digital and Economic Affairs Minister Margarete Schramböck met to discuss U.S.-Austria cooperation on a variety of commercial issues. During their meeting, Secretary Raimondo and Minister Schramböck engaged on skilled workforce development, strategic investments for economic recovery, as well as joint efforts through the U.S.-EU Trade and...

Today, the Department of Commerce, through the Bureau of Industry and Security (BIS), is issuing a final rule that expands its highly restrictive controls on the export and reexport of U.S.-origin and certain foreign-produced commodities, software, and technologies to Russia and Belarus, further choking off access to inputs and products needed to sustain their military capabilities. As a result of...

This Latest Action Expands and Enhances Global Coalition Standing with the Ukrainian People Against Russian Aggression Today, the U.S. Commerce Department, through the Bureau of Industry and Security (BIS), is issuing a rule that formally adds the nations of Iceland, Liechtenstein, Norway, and Switzerland to the growing global coalition of nations that are cooperating in our stand against Russian...

President Biden’s Bipartisan Infrastructure Law Empowers the Department of Commerce to Deliver for Rural America President Biden’s Bipartisan Infrastructure Law (BIL) will deliver billions to rural communities across the country to create economic opportunity. Supporting Americans living in rural areas remains a top priority for the Biden Administration, and the Bipartisan Infrastructure Law...