U.S. Deputy Secretary of Commerce Don Graves will lead 15 American companies on a Cybersecurity Trade Mission to the Republic of Korea and Japan, from September 20 – 26, 2023. Deputy Secretary Graves’ travel follows President Biden’s Trilateral Summit with President Yoon of Korea and Prime Minister Kishida of Japan. While in Korea and Japan, Deputy Secretary Graves looks forward to deepening...

Today, Secretary of Commerce Gina Raimondo met President of Guyana Dr. Irfaan Ali to discuss opportunities to deepen the U.S.-Guyana bilateral commercial relationship. During the meeting, Secretary Raimondo formally announced that the Department of Commerce opened a U.S. Commercial Service office within the U.S. Embassy in Georgetown. This new office will provide on-the-ground support that can...

Today, Secretary of Commerce Gina Raimondo spoke with Japan’s Minister of Economy, Trade and Industry (METI) Nishimura Yasutoshi to discuss key bilateral trade issues and updates, including the agenda for the next Ministerial meeting of the U.S.-Japan Economic Policy Consultative Committee (Economic “2+2”) and next steps for bringing the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean...

By Joe Wassel, Executive Director and CEO, First Responder Network Authority September 11 irrevocably altered the lives of Americans. Today, on the anniversary, we solemnly reflect on that fateful day and its impact on our nation. Twenty-two years ago, at 9:37 a.m. American Airlines Flight 77 hit the Pentagon — a landmark moment for me. I was in the building as director of communications for the...

Dear Business Leaders, As Deputy Secretary of Commerce, I am writing to you and your members to underscore the importance of continuing our collective work toward advancing diversity, equity, inclusion, and accessibility (DEIA). DEIA initiatives are not just cornerstones of corporate responsibility but are also critical for America's growth, innovation, and economic competitiveness. The Equal...

The U.S. Department of Commerce today made publicly available the text of the proposed landmark Indo-Pacific Economic Framework for Prosperity (IPEF) Supply Chain Agreement, marking another major milestone and accomplishment for the Biden-Harris Administration’s innovative approach to economic engagement. Following the release of the final text of the Agreement, the United States and partner...

Thank you, Suzanne, for that introduction. Hello everyone! I’m very pleased to be here at the IDB. I’d like to thank President Goldfain for the invitation to attend today’s launch of the “BID for the Americas” Program. I applaud his leadership and efforts to evolve the Bank, making it a center of knowledge, expertise, and innovation including on the most pressing issues that face the region –...

For the most part, high-income places 40 years ago remain high-income today, and low-income places 40 years ago are still relatively low-income. This blog post looks at how little change there has been in how places rank by income over the last several decades. There are a few exceptions, and those metros that have climbed the ranks might offer lessons for economic development strategies and place...