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Export and investment promotion

Exports and foreign direct investment (FDI) are proven job generators. Exported goods and services supported 10.7 million well-paying U.S. jobs in 2016. In 2015, majority-owned U.S. affiliates of foreign companies directly employed 6.8 million Americans.

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Department of Commerce Statement on December IPEF Negotiations in Australia

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Today, the Department of Commerce released the following statement after the Australian government’s announcement that the first round of in-person negotiations for the Indo-Pacific Economic Framework for Prosperity (IPEF) will be hosted in Brisbane between December 10-15, 2022. “We look forward to building on the foundation that the United States and its 13 partners established during the first...

Readout of Secretary Raimondo’s Meeting with EU Commission Executive Vice President Margrethe Vestager

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Yesterday, U.S. Secretary of Commerce Gina Raimondo virtually met with EU Commission Executive Vice President Margrethe Vestager to discuss ongoing coordination within the U.S.-EU Trade and Technology Council (TTC), opportunities for coordination on U.S. and EU CHIPs legislation and to further engage on technology policy issues. Secretary Raimondo stressed the importance of continuing progress...

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Readout of Secretary Raimondo’s Meeting with Ukrainian First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko

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Readout of Secretary Raimondo’s Meeting with Indonesian Ministers for Economic Affairs and Industry

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Today, Secretary of Commerce Gina Raimondo met with Indonesian Minister for Economic Affairs Airlangga Hartarto and Minister of Industry Agus Gumiwang Kartasasmita to discuss progress the Indo-Pacific Economic Framework for Prosperity (IPEF) and opportunities for bilateral collaboration. Secretary Raimondo thanked the Ministers for Indonesia’s support of IPEF and for helping to make the first IPEF...

Readout on U.S.-EU Trade and Technology Council Co-Chairs Call

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Readout of Secretary Raimondo’s Meeting with Mexican Finance Secretary Rogelio Ramirez de la O

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Today, Secretary of Commerce Gina Raimondo met with Mexican Finance Secretary Rogelio Ramirez de la O to follow up on discussions started during the recent U.S.-Mexico High Level Economic Dialogue meeting. The Secretaries discussed the shared goal of attracting more investment to the region and other endeavors to help foster regional prosperity and expand job creation in both the United States and...

Readout of Secretary Raimondo’s Meeting with EU Commission Executive Vice President Valdis Dombrovskis

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Today, Secretary of Commerce Gina Raimondo met with EU Commission Executive Vice President Valdis Dombrovskis for a planning discussion ahead of the 3rd U.S.-EU Trade & Technology Council (TTC) Ministerial. They discussed work for the upcoming Ministerial related to semiconductor supply chains, export controls and other issues that will benefit stakeholders on both sides of the Atlantic.