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Global Opportunities and New Markets


  • Submitted on 20 December 2013

    Created on November 4, 2013
     

    BuildingsAnnouncing two unprecedented opportunities for U.S. economic development organizations to participate in SelectUSA events in Hong Kong, Shenzhen, and Guangzhou in early 2014.

    January 13 - 14, 2014 - SelectUSA Booth at the Asian Financial Forum (AFF), Hong Kong Convention and Exhibition Centre

    The U.S. Commercial Service team in Hong Kong is recruiting interested U.S. economic development organizations (EDOs) with concrete investment projects to participate at the sixth annual Asian Financial Forum on January 13 - 14. AFF brings together members of the global financial and business community to discuss developments and trends across markets in Asia. Participating EDOs will be hosted at the SelectUSA booth in the AFF Investment Zone. The fee to participate is $950 per person, which grants full access to the two-day conference, two keynote lunches, networking receptions, the DealFlow meetings, and more.

    To learn more about participating as part of the SelectUSA Booth, contact Scott Shaw at scott.shaw@trade.gov. To learn more about AFF, visit www.asianfinancialforum.com/en/index.htm.

  • Submitted on 26 November 2013

    Created on November 26, 2013
     

    Doing Business in AfricaActing Deputy U.S. Commerce Secretary Patrick Gallagher delivered remarks at “From DC to Africa: Growing Local, Going Global,” a business forum hosted by the D.C. Office on African Affairs to raise awareness of opportunities for U.S. companies to do business in Africa. D.C. Mayor Vincent Gray also gave remarks at the forum and introduced Dr. Gallagher.

    The event also marks the first anniversary of the launch of the Commerce Department’s Doing Business in Africa Campaign (DBIA) by then-Acting Commerce Secretary Rebecca Blank in Johannesburg, South Africa.

    Last year, President Obama issued the U.S. Strategy Toward Sub-Saharan Africa and said the region is poised to be the world’s next greatest economic success story. In fact, sub-Saharan Africa is home to six of the ten fastest-growing economies in the world. U.S. exports to Africa currently top $21 billion a year, and enormous opportunities exist for more U.S. companies to export goods and services there. DBIA works to take advantage of those export and investment opportunities by encouraging more robust commercial engagement in sub-Saharan Africa.

  • Submitted on 07 November 2013

    Created on November 7, 2013
     

    Secretary Pritzker Secretary of Commerce Penny Pritzker wrapped up the inaugural SelectUSA 2013 Investment Summit, following two high-impact days of meetings and discussions among senior government officials, major business executives, global economic experts and U.S. economic development officials about strategies to increase foreign direct investment (FDI) in the United States.

    Secretary Pritzker also opened the final day of the Summit, where she announced changes to the eligibility requirements for the Manufacturing Council that will allow representatives from U.S. subsidiaries of foreign-owned or controlled firms to become members. The expanded eligibility rules will add new perspectives to the Council, which advises the Commerce Secretary on policies and initiatives to increase FDI in the U.S. manufacturing sector, including SelectUSA.

  • Submitted on 31 October 2013

    Created on October 31, 2013
     

    The SelectUSA 2013 Investment Summit is at capacity, but that doesn’t mean investors around the world who couldn’t register can’t be a part of the event.

    If you haven’t heard, we’ll be pairing investors from around the world with federal and state leaders to find the best investment opportunities in the country. Economic development organizations (EDOs) representatives from 47 states, three U.S. territories, and Washington, D.C., will be there. Companies representing 60 worldwide markets will be in attendance.

    President Obama has made attracting FDI a priority, and he will provide the keynote address, along with many senior officials from his administration and leaders from the private sector.

  • 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.

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