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...

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...

Yesterday, SelectUSA’s 10th Investment Summit came to a close, marking the largest Investment Summit in SelectUSA history, with over 5,000 attendees spanning 96 international markets and, for the first time, all 56 U.S. states and territories represented. “This year’s SelectUSA Investment Summit demonstrated why the United States remains the top destination for foreign direct investment for twelve...

Today, U.S. Secretary of Commerce Gina Raimondo met with European Commission Executive Vice President Margrethe Vestager, Japanese Minister of Economy, Trade and Industry Saito Ken, and Republic of Korea Minister of Trade, Industry and Energy Ahn Duk-geun to discuss the importance of trustworthy and resilient supply chains in key sectors. The Ministers discussed shared concerns regarding the...

Today, U.S. Secretary of Commerce Gina Raimondo and Japanese Minister of Economy, Trade, and Industry Ken Saito held a ministerial meeting of the Japan-United States Commercial and Industrial Partnership (JUCIP). During the meeting, the Secretary and Minister expressed deep concern about the weaponization of economic dependencies as well as the use of non-market policies and practices on certain...

We, U.S. Secretary of Commerce Gina Raimondo; Japanese Minister of Economy, Trade, and Industry Saito Ken; and Republic of Korea (ROK) Minister of Trade, Industry, and Energy Ahn Duk-geun met in Washington today for the inaugural meeting of Commerce and Industry Ministers. United by the vision established by our three leaders at their historic Trilateral Summit at Camp David on August 18, 2023, we...

Minister Ahn, Minister Saito, it’s my honor to welcome you to the United States Department of Commerce. Thank you for being here for the first-ever U.S.-Japan-Korea Commerce and Industry Ministerial. When our leaders met at Camp David last August for their historic Trilateral Summit, they charged us with using this new, trilateral platform to raise our shared ambitions to a new horizon. This is an...

Yesterday, U.S. Secretary of Commerce Gina Raimondo met virtually with the Advisory Committee on Supply Chain Competitiveness (ACSCC). During the meeting, Secretary Raimondo underscored the crucial role that the Department of Commerce is playing in assessing and addressing challenges related to supply chain resilience and economic security. Specifically, the Secretary highlighted the value in...

Yesterday, Secretary of Commerce Gina Raimondo met with Secretary-General of the Association of Southeast Asian Nations (ASEAN) Dr. Kao Kim Hourn to discuss the Department of Commerce’s commitment to ASEAN and ASEAN member countries. The two discussed opportunities to increase trade and investment ties between the United States and the ASEAN region. The Secretary welcomed robust participation from...

Today, the U.S. Department of Commerce announced the U.S. Cabinet members and White House senior officials speaking at the 2024 SelectUSA Investment Summit from June 23 to 26 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. U.S. Cabinet and White House senior officials joining the existing lineup of confirmed U.S. Governors and company executives include: U.S...