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Global Opportunities and New Markets


  • Submitted on 30 October 2013

    Created on October 30, 2013
     

    USTDADates: November 3-14, 2013

    Location: Washington, D.C.; San Diego, Sacramento and San Francisco, CA

    The U.S. Trade and Development Agency (USTDA) is supporting a regional Reverse Trade Mission (RTM) intended to introduce 13 officials and project developers in the waste-to-energy and related biomass power subsector in Indonesia, the Philippines and Thailand to relevant U.S. industry suppliers, service providers and regulators. This regional activity will support USTDA's effort as part of the U.S.-ASEAN Connectivity Cooperation Initiative as well as the U.S.-Asia-Pacific Comprehensive Energy Partnership.

    There will be a Business Briefing for U.S. companies to meet with the delegates in order to learn more about specific project opportunities and upcoming procurements on Tuesday, Nov. 12th in San Francisco, CA.

  • Submitted on 06 September 2013

    Created on September 6, 2013
     

    The two-day SelectUSA 2013 Investment Summit will connect international and domestic investors and firms with economic development organizations (EDOs) from across the United States, in an effort to promote investment and job creation.

  • Submitted on 16 August 2013

    Created on August 16, 2013
     

    Departure BoardHouston’s exports have been soaring, and they will get an additional boost now that Air China, China’s flag carrier, opened up a non-stop flight route between Beijing and Houston.

    This is Air China’s first non-stop flight route to the U.S. in 30 years, and it is easy to see why Air China chose Houston—the city consistently ranks near the top of the most globally-oriented business communities in America.

    In fact, for the first time since the data has been collected, Houston became the top exporter among U.S. metropolitan areas in 2012. Houston’s goods exports totaled $110 billion, accounting for more than half of all Texas exports.

    This new flight will only help Houston exporters continue to expand to new markets.

    Behind Mexico, Canada, and Brazil, China is Houston’s fourth-largest export market, importing more than $5 billion of goods from Houston in 2012. With China’s rapid urbanization and growing middle class, demand for American-made products is likely to grow. This new flight is the next step in expanding the relationship between Houston and China.

  • Submitted on 15 August 2013

    Created on August 15, 2013
     

    Trade DataThe Department of Commerce’s International Trade Administration recently released U.S. metropolitan area trade data for 2012, which shows that overall exports are up for the third consecutive year. Specifically, exports are up in 31 of the top 50 metropolitan areas, 29 of which reached record exports between 2011 and 2012. Among the top 25, Washington, DC, recorded the highest growth between 2011 and 2012, increasing exports by nearly 43 percent. Exports from San Antonio, Texas, which has an MBDA Global Business Center, grew by 33 percent during the same period.

    The Department of Commerce offers a wealth of tools and information for businesses to make choices about exporting to international markets. For example, did you know that U.S. companies sold $8 billion in transportation equipment and food products to South Korea last year? U.S. companies also exported $1.4 billion in agricultural products to Turkey.

    These are just two examples of the kind of information available through the International Trade Administration’s TradeStats Express. Here’s another. Let’s say your company sells office furniture.  Using TradeStats Express, you can very quickly determine that furniture sales to Saudi Arabia have grown 153 percent from 2007 levels and that they are currently purchasing over $140 million in furniture and fixtures from the U.S.

  • Submitted on 08 August 2013

    Created on August 8, 2013
     

    Talking about AfricaWith the President’s recent trip to Senegal, Tanzania and South Africa, as well as the announcement of two new trade initiatives, the spotlight is on Africa – and with good reason.

    While speaking at the Business Leaders Forum in Tanzania, President Obama spoke of beginning a new level of economic engagement with Africa. The Doing Business in Africa Campaign (DBIA) is part of the president’s strategy, and the International Trade Administration (ITA) is proud to join other government agencies to support DBIA initiatives that are helping U.S. businesses compete on the continent.

    Trade Africa aims to facilitate expanded trade on the continent. Its initial focus will be on the East African Community (EAC), a market with increasingly stable and pro-business regulations. The plan will support increased U.S.-EAC trade and investment, EAC trade competitiveness, and regional integration. The United States seeks to expand this initiative to other regional economic communities on the continent.

  • Submitted on 06 August 2013

    Sub-Saharan Africa Agribusiness Reverse Trade Mission

    Dates: August 18-28, 2013

    Locations: Omaha, NE; Fargo, ND; Jackson, MN; Ames, IA

    United States Trade and Development Agency is sponsoring a Reverse Trade Mission (RTM) to the United States for a delegation of senior representatives from sub-Saharan Africa’s agribusiness sector, including key decision makers from leading agribusinesses and government entities in Kenya, South Africa, Botswana, Nigeria, Zambia, and other markets.

  • Submitted on 02 August 2013

    Posted on August 2, 2013
     

    Secretary of CommerceSince I was confirmed as Secretary of Commerce, I’ve been meeting with business leaders, entrepreneurs, and foreign leaders to let them know that America is “open for business.” The United States is one of the most desirable places to do business; our $16 trillion economy, with its productive workforce and diverse consumer base, could not do what it does without domestic as well as foreign investment. Yesterday, I participated in the White House Forum (Forum) on Global Investment to highlight the administration’s support for, and benefits of, foreign direct investment (FDI) in the United States. 

    For the meeting, I was joined by Acting Deputy Secretary of Commerce Pat Gallagher, Under Secretary of Commerce for International Trade Francisco Sánchez, Assistant Secretary of State for Economic and Business Affairs Jose Fernandez, and 21 foreign ambassadors and representatives to highlight the United States’ whole-of-government approach to attracting foreign direct investment.

  • Submitted on 15 July 2013

    Created on July 15, 2013
     

    After hitting new highs in 2011, exports from U.S. metropolitan areas continued to increase in 2012, with 170 of the 370 metro areas with available data reporting record-high merchandise exports.

    Houston-Sugar Land-Baytown, TX topped the list as the largest metro exporter in 2012, shipping $110.3 billion of goods abroad.

    Overall, many areas saw continued growth in 2012, with exports increasing in 220 metro areas from the previous year.

    The Seattle, WA area saw the highest dollar growth in 2012, up $9.2 billion from 2011. Other areas showing high dollar growth included:

  • Submitted on 10 July 2013

    Created on July 10, 2013
     

    Trade MissionJorge Lozano said he arrived in America from his native Bolivia when he was 10 years old with a suitcase full of clothes and pocket full of dreams. Today, 50 years later, Lozano is the President and CEO of Condortech Services, Inc., an integrated security solutions company that protects over $1.8 billion in assets in Washington, D.C.

    In his 2013 State of the Union speech, President Obama outlined his vision for making America a magnet for investment, innovation, and economic growth. He said that if we are going to keep our economy growing, we need to ensure that opportunities to prosper are open to all the innovative risk-takers and entrepreneurs who are pursuing the American dream, especially our minority business entrepreneurs.

    Lozano, a client of the Minority Business Development Agency’s (MBDA) Federal Procurement Center in Washington, D.C., took that risk and made his American dream come true—and he’s not done yet.

    He recently accompanied former Acting Secretary of Commerce Rebecca Blank on an infrastructure business development trade mission to Brazil, Colombia, and Panama. The purpose of the trip was to promote U.S. exports by helping U.S. companies in infrastructure sectors make the connections they need to expand their business opportunities in the three countries.

  • Submitted on 03 July 2013

    Created on July 3, 2013
     

    President Obama believes sub-Saharan Africa could be the world’s next major economic success story. That is why in June 2012, he issued the U.S. Strategy Toward Sub-Saharan Africa (PDF) to escalate the U.S. efforts to stimulate economic growth, trade, and investment in the region. One year later, the President is in Africa to highlight our success under this strategy.

    A key component of the President’s strategy is the Doing Business in Africa (DBIA) Campaign, which was launched by the U.S. Department of Commerce in Johannesburg, South Africa last November. Its main objective is to bolster federal trade promotion and financing capabilities in order to help U.S. businesses obtain trade and investment opportunities. With these opportunities, the United States’ commercial relationship with Africa will continue to grow.

    Since its unveiling, Commerce has been working alongside other federal agencies to encourage U.S. companies–with a focus on small- and medium- sized businesses and African Diaspora-owned business–to trade and invest in the region. A little more than six months into the Doing Business in Africa Campaign, we wanted to share some of successes with you.

    The first of these developments was an online Africa Business Portal. This portal was created to give businesses the federal resources necessary to succeed in African markets, specifically with export and investment opportunities.

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