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...

Thank you, Camille, for that introduction, and for all the work you put into this event. Your Excellencies, thank for participating in this plenary session. It’s been three years since the last Trade Winds Forum, and the U.S. Department of Commerce is delighted to be renewing our signature trade event here in Dubai. I’d like to recognize the American private sector delegates here today. Your...

Thank you, Bob. You’ve done a wonderful job here at Expo 2020 Dubai representing the United States. And thanks to your team and the US Mission to the UAE for your hard work. Your combined efforts have resulted in a remarkable achievement. I also want to acknowledge our industry partners - the U.S.-UAE Business Council and the American Chambers of Commerce in Abu Dhabi and Dubai - for their support...

Thank you for the kind introduction. And thank you to our host nation, the United Arab Emirates, and congratulations on celebrating your golden jubilee—50 years as a nation. I am honored to be with you today on behalf of President Biden and to be joined by Chargé d’Affaires Sean Murphy, Commissioner General Clark, Senator Roy Blunt from the state of Missouri, and all the members of our delegation...

Thank you to the Chamber of Commerce for hosting the U.S. launch of Bahrain’s new U.S. Trade Zone. And thank you to His Excellency Minister Al Zayani and His Excellency Khalid Humaidan for traveling to America to speak to our companies about the opportunities that the USTZ will open for those operating in the Gulf. The Kingdom of Bahrain is a vital strategic and trade partner of the United States...

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...