Posted at 3:20 AM
U.S. Commerce Secretary Gary Locke and U.S. Trade Representative (USTR) Ron Kirk are visiting the Memphis, Tenn. area this week to meet with local businesses and discuss the opportunities and challenges of exporting. Locke and Kirk toured the FedEx Express Super Hub on Tuesday night where each day, millions of packages are moved through the hub to reach over 220 countries and territories around the world. They also held a rountable discussion on exports and the economy with small- and medium-sized businesses today to discuss President Obama’s National Export Initiative (NEI) and how it can help U.S. companies sell more of their goods and services overseas and support the creation of American jobs.
The NEI aims to double U.S. exports over the next five years while supporting two million American jobs. It will provide more funding, more focus and more Cabinet-level coordination to grow U.S. exports, and represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his Cabinet.