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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.

The 2024 SelectUSA Investment Summit returns to National Harbor, Maryland, from June 23 – 26, 2024, to establish new connections and opportunities to grow through investing in the U.S.

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Foreign Direct Investment in The United States

According to recent data, the United States is the top destination of foreign direct investment (FDI) globally. Through acquisitions, opening establishments, or expansion of existing ones, foreign firms invested a total of $177 billion in the United States in 2022. With its workforce, legal protections, and encouragement of innovation, the United States continues to be an attractive destination for business investment. Leveraging data from the U.S.

Registration Open for SelectUSA Investment Summit, Taking Place May 2025 in National Harbor, MD

Press releases
The U.S. Department of Commerce announced today that registration is now open for the 11th SelectUSA Investment Summit to be held May 11 - 14, 2025 at the Gaylord National Resort & Convention Center in National Harbor, Maryland. The SelectUSA Investment Summit is the premier event dedicated to promoting foreign direct investment (FDI) in the United States, with a focus on connecting international...

Readout of Secretary Raimondo’s Meeting with Minister of External Affairs of India Subrahanyam Jaishankar

Press releases
Today, U.S. Secretary of Commerce Gina Raimondo met with Minister of External Affairs of India Subrahanyam Jaishankar. They discussed the U.S.-India CEO Forum and U.S.-India Commercial Dialogue, two Department of Commerce and Indian Ministry of Commerce and Industry-led initiatives that aim to strengthen the U.S.-India trade and investment relationship. They also commended the progress to date...

Secretary Raimondo, IPEF Ministers Welcome Upcoming Entry into Force of the Clean Economy Agreement, Fair Economy Agreement, and Agreement on the Indo-Pacific Economic Framework for Prosperity (IPEF) and Commit to Continued Progress at Virtual Ministerial

Press releases
WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo joined the Ministers from the 13 other Indo-Pacific Economic Framework for Prosperity (IPEF) partners, in their third Ministerial meeting this year on IPEF Pillars II, III, and IV. During the virtual meeting, Secretary Raimondo reflected on the significant progress made by the IPEF partners since the Ministers last met in Singapore in...

Readout of Deputy Secretary Graves’ Meeting with Minister of Economic Affairs of the Netherlands Dirk Beljaarts

Press releases
WASHINGTON, D.C. – Today, Deputy Secretary of Commerce Don Graves met with Minister of Economic Affairs of the Netherlands Dirk Beljaarts. During their meeting, the Deputy Secretary reaffirmed the Department of Commerce’s commitment to a strong trade and investment relationship with the Netherlands and cooperation on broader transatlantic trade issues. The two discussed the potential for increased...

Readout of Secretary Raimondo’s Meeting with First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko

Press releases
Today, U.S. Secretary of Commerce Gina Raimondo met with First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko. During the meeting, Secretary Raimondo re-affirmed the Biden-Harris Administration’s commitment to Ukraine’s sovereignty and the Department of Commerce’s commitment to supporting Ukraine in its response to Russia’s continued aggression. They discussed Under...

U.S. Department of Commerce to Convene Supply Chain Summit Focusing on Proactive Strategies to Strengthen Economic Competitiveness and National Security

Press releases
Today, the U.S. Department of Commerce announced it will hold, with the Council on Foreign Relations, a Supply Chain Summit in Washington, D.C. on September 10, 2024. The Supply Chain Summit will explore efforts taken by government and industry to shift from reacting to global supply chain disruptions to proactively strengthening supply chain resilience. The Summit will gather leaders from...

U.S. Department of Commerce Works to Strengthen Commercial Ties with Nigeria through New MOU and Joint Statement on Shared Digital Priorities

Press releases
This week, the U.S. Department of Commerce and Nigeria’s Ministry of Investment, Trade, and Industry and Ministry of Communications, Innovation and Digital Economy demonstrated their commitment to enhancing commercial ties and helping to facilitate increased bilateral trade and investment through a new Memorandum of Understanding (MOU), as well as a joint statement outlining new avenues of...

Celebrating Two Years of Progress in National Strategy to Reenergize U.S. Travel and Tourism

Press releases
Today, two years after the U.S. Department of Commerce issued the National Travel and Tourism Strategy and set an ambitious five-year goal to welcome 90 million international visitors annually by 2027, the Department is announcing we expect to reach that goal ahead of schedule. According to the latest estimates from the International Trade Administration, the United States expects to welcome 91...

Joint Readout: United States-Korea Supply Chain and Commercial Dialogue Ministerial Meeting

Press releases
Today, U.S. Department of Commerce Secretary Gina Raimondo and Korean Minister of Trade, Industry, and Energy (MOTIE) Ahn Duk-geun held the second United States-Korea Supply Chain and Commercial Dialogue (SCCD) Ministerial Meeting. The Secretary and Minister reviewed progress made to date between Commerce and MOTIE to deepen bilateral economic and commercial cooperation between the countries...