Today, Secretary of Commerce Gina M. Raimondo and Minister of Commerce Majid Alkassabi launched the U.S.-Saudi Arabia Commercial Partnership Shared Work Plan, a roadmap that will guide cooperation between the U.S. Department of Commerce and Saudi Arabia's Ministry of Commerce as our countries continue to deepen our bilateral commercial relationship. The Work Plan aims to guide our cooperation in...

Today, Secretary of Commerce Gina M. Raimondo held an introductory meeting with Minister of Foreign Affairs of the Republic of Korea Park Jin. At the outset of the meeting, Secretary Raimondo congratulated Minister Park on his recent appointment as Minister of Foreign Affairs. The Secretary and Minister also discussed her recent trip alongside President Biden to Seoul, where she and Minister of...

Good morning, everyone, and thank you for joining today’s conversation. I am delighted to be here in Côte d’Ivoire and to have spent the last few days speaking with private sector and government leaders working to bolster trade and investment. But I am especially excited to learn from today’s exchange. According to a 2019 World Bank report, Sub-Saharan Africa had the highest rate of...

Deputy Secretary of Commerce Don Graves will be in Abidjan, Côte d'Ivoire (Ivory Coast), and Accra, Ghana, from June 12-16, 2022, to meet with African government officials and private sector leaders and advance the Biden-Harris Administration’s priorities of values-driven, high standard, transparent and catalytic infrastructure initiatives through clean and green growth. Deputy Secretary Graves...

Today, Secretary of Commerce Gina Raimondo released the below statement following President Biden’s emergency declaration regarding the temporary duty-free importation of solar cells and modules from Southeast Asia to avoid disruptions to the electric power system: “The Department of Commerce remains committed to protecting our economic and national security against unprecedented challenges. As...

Commerce Secretary Gina M. Raimondo today announced a new National Travel and Tourism Strategy that focuses federal government efforts to support the U.S. travel and tourism industry and sets an ambitious five-year goal of attracting 90 million international visitors to the United States each year. It is estimated these visitors would spend $279 billion annually—expenditures that will support job...

Today, Deputy Secretary of Commerce Don Graves concluded a four-day visit to The Hague, Netherlands, and Brussels, Belgium to advance bilateral economic and security relations between the United States and partners in Europe. “We had very productive talks in both The Hague and Brussels that will further strengthen the U.S.-EU transatlantic partnership,” said Commerce Deputy Secretary Don Graves....

BRUSSELS, BE – Deputy Secretary of Commerce Don Graves traveled to Brussels, Belgium to continue the Commerce Department’s close coordination with the European Union on the imposition of enhanced export controls on Russia. The Deputy Secretary, joined by U.S. Ambassador to the European Union Mark Gitenstein and Assistant Secretary for Export Enforcement Matthew Axelrod, held dialogues on export...

WASHINGTON – Today, the U.S. Department of Commerce joined with the Departments of State, Treasury and Labor to issue a business advisory on doing business with State-Owned Enterprises (SOEs) and companies under military control in Sudan. Following the takeover of power by the Sudanese military in October 2021, it is in effective control of all SOEs and of a network of military-controlled...

IPEF will strengthen our ties in this critical region to define the coming decades for technological innovation and the global economy Framework will create a stronger, fairer, more resilient economy for families, workers, and businesses in the United States and in the Indo-Pacific region Today in Tokyo, Japan, President Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) with...