The U.S. Department of Commerce (Commerce) and the Office of the United States Trade Representative (USTR) participated in the third negotiating round for the Indo-Pacific Economic Framework for Prosperity (IPEF) in Singapore from May 8-15, 2023. The U.S. delegation was co-led by Sharon H. Yuan, U.S. Department of Commerce Counselor and IPEF Pillars II-IV Chief Negotiator, and Sarah Ellerman, IPEF...

Today, U.S. Secretary of Commerce Gina Raimondo met with Minister for Trade and Export Growth of New Zealand Damien O'Connor to reaffirm the importance of the U.S.-New Zealand commercial relationship. During their meeting, the two discussed their shared interests and objectives ahead of the next Ministerial meeting of the Indo-Pacific Economic Framework for Prosperity (IPEF), which is scheduled to...

Today, Secretary of Commerce Gina Raimondo met with Panama’s Minister of Economy and Industry Federico Alfaro. The Secretary expressed the Department of Commerce’s continued commitment to fostering a strong trade and investment relationship with Panama. The two also discussed strengthening collaboration on developing resilient supply chains as Panama continues to develop its natural resource...

Thank you, Kendee, for the introduction, and thanks to NADEC Chair Jonathan Szucs and Vice-Chair Anne Burkett for your work to have us all here today. And thank you to all members of the District Export Councils across the country for taking time to come to Washington for this event. We are grateful for the work that you do to help exporters and future exporters back home. Your engagement in trade...

Yesterday, the 2023 SelectUSA Investment Summit came to a close, marking the largest Investment Summit in SelectUSA history, with 4,900 attendees spanning 83 international markets represented. “This year’s record-setting SelectUSA Investment Summit has shown why the United States has remained the top destination for global investment for over a decade, and why the incredible investments we're...

Joint initiative strengthens federal technical assistance to foreign multinationals starting or expanding U.S. operations Today, Secretary of Commerce Gina Raimondo, Secretary of Education Miguel Cardona, and Acting Secretary of Labor Julie Su announced the launch of SelectTalentUSA, a joint initiative to help build a pipeline of skilled workers to meet the growing workforce needs of foreign...

Welcome to the 2023 SelectUSA Investment Summit. I’d like to extend a special welcome to those who are joining us for the first time. And thank you to those joining us yet again. SelectUSA is the premier U.S.-government initiative dedicated to facilitating job-creating business investment by foreign investors in the American market. This week, you’ll hear about the partnership and investment...

United States’ Top Foreign Direct Investment Event to Host White House Officials, Cabinet Members, Governors, and Global Business Leaders to Promote Economic Investment, Innovation, and Entrepreneurship in the U.S. WASHINGTON – The Department of Commerce today announced additional speakers and programming for the 2023 SelectUSA Investment Summit scheduled for May 1-4 at the Gaylord National Resort...

Today, U.S. Secretary of Commerce Gina Raimondo announced the seven individuals who will serve on the U.S. Section of the U.S.-EU Trade and Technology Council (TTC) Talent for Growth Task Force. The Task Force’s work is intended to encourage public and private sector initiatives to drive development of the talent and skills needed for emerging and existing technologies. The individuals serving on...

This week, the U.S. Department of Commerce released a new funding opportunity through the 2023 Market Development Cooperator Program (MDCP) to support projects up to $300,000 each aimed to generate U.S. exports, help address trade barriers, enhance U.S. industry competitiveness, and create American jobs. “This is an incredible opportunity to participate in a program with a track record of creating...