Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

U.S. Department of Commerce : Acting Secretary Blank Meets with Brazilian CEOs, Promotes SelectUSA Investment Summit

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/14/2013 | 08:09pm CEST

Yesterday, Acting Secretary Blank met with a group of Brazilian CEOs to hear their priorities for doing business with the U.S. and to propose possible areas for close collaboration with American businesses. One area in which U.S. and Brazilian firms can work together is on infrastructure development, which is one reason why Acting

Secretary Blank is currently leading a trade mission of 20 U.S. firms in a wide range of infrastructure industry sectors to Brazil, Colombia and Panama. These companies offer everything from cutting-edge technologies to top-notch services in engineering, management consulting, and more -- and they are well equipped to help Brazil meet its robust goals for infrastructure improvements.

Acting Secretary Blank emphasized the importance of a strong bilateral investment relationship -- many global manufacturers, including some in Brazil, are now looking to return manufacturing operations to the U.S., to expand operations here, or to invest in the U.S. for the first time. That´s because there are a host of factors that make America a very attractive place to do business: low domestic energy costs and a stable supply of energy, high labor productivity, strong research institutions that can serve as partners in developing new products, intellectual property protections, and a stable business investment environment.

Foreign-based companies that invest directly in the U.S.economy create high-quality, well-paid jobs for American workers by building new facilities, provide for research and development and growing warehouses, sales offices and service centers. That is why the Obama Administration launched a new program in 2011, housed at the Department of Commerce, to increase investment in America: SelectUSA. This fall, SelectUSA will lead the first-ever "Investment Summit," in Washington, DC from October 31 to November 1, which Acting Secretary Blank encouraged the Brazilian CEOs to attend in order to gain insights on how to start or expand operations in the United States. This Investment Summit will bring together international companies and U.S. economic development leaders from many states and communities to highlight the numerous and increasingly-attractive benefits of investing in the United States.

SelectUSA provides information assistance to the global investment community, serves as an ombudsman for investors, and advocates for U.S. cities, states, and regions competing for global investment. It serves as a single point of contact at the federal level for investors and economic development organizations to provide counseling on investment attraction strategy, how to start a business, access federal resources, and/or navigating U.S. Government regulations.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
06:40p SYGNIA : to buy db X-trackers for R325
06:40p UNITED STATES OIL FUND, LP : Regulation FD Disclosure (form 8-K)
06:40p UNITED STATES BRENT OIL FUND, LP : Regulation FD Disclosure (form 8-K)
06:40p CORRECT : Electra Private To Gain As Epiris Sells Treetop Nurseries
06:40p PHOENIX : Publication of a Prospectus
06:40p HSBC : and Tradeshift join forces to revolutionise working capital
06:40p CITY OF BENBROOK TX : Texas Department of Transportation (TxDOT) Update on Benbrook Boulevard/U.S. 377 (3/30/2017)
06:40p CITY OF MORRO BAY CA : Pavement Preservation Project Update for Ponderosa Street Residents
06:40p OREGON DEPARTMENT OF ENVIRONMENTAL QUALITY : DEQ Proposes Conditional No Further Action for the Mid-Coast Marine Site in Coos Bay
06:40p CANADIAN ZEOLITE : Rolls Out New Products for Distribution
Latest news
Advertisement
Hot News 
-22.81%Lululemon shares tumble on miss, weak first-quarter outlook
-4.01%H & M HENNES & MAURITZ : &M Profit Slips as Toug Retail Conditions Dent Sales Growt
7.38%ConocoPhillips sells oil and gas assets to Cenovus for $13.3 billion
-1.55%SSE : says 2017/18 dividend cover to be at lower end of guidance
12.02%GENEL ENERGY : targets Turkey gas deal this year to overcome oil troubles
Most Read News
03/29 ConocoPhillips sells oil and gas assets to Cenovus for $13.3 billion
02:52aDJH & M HENNES & MAURITZ : &M Profit Slips as Toug Retail Conditions Dent Sales Growt
04:54a AMERICAN INTERNATIONAL : Lloyd's of London chooses Brussels for EU base on strong regulation
12:33p VOLKSWAGEN : U.S. economic growth revised higher, boosted by consumer spending
09:32a H&M invests in supply chain as fashion rivalry intensifies
Most recommended articles
03/29DJS&P 500, Nasdaq Futures -- Technical Analysis
03/27 Dollar hits four-month low as Trump trade deflates
12:38pDJVOLKSWAGEN : State AGs Reach More Emissions-Cheating Settlements
12:24p Lululemon shares plummet after disappointing sales forecast
12:19pDJOil Gains After Data Showing U.S. Stockpile Growth Seen to Be Slowing