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  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

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 "Economy & Forex"
07:38pIOWA FEDERATION OF LABOR AFL CIO : Tight margin — big difference
PU
07:34pRebound in South powers U.S. new home sales, dampens prices
RE
07:32pBMW executive says would shut UK plants if Brexit hits supply chain
RE
07:29pDelaware Backs Overhaul of Shell-Company Rules
DJ
07:28pEUROPEAN EXTERNAL ACTION SERVICE : Remarks by High Representative/Vice-President Federica Mogherini at the press conference following the Foreign Affairs Council
PU
07:28pEARTHJUSTICE : Lawsuit aims to prevent mining pollution near Boundary Waters Wilderness in Minnesota
PU
07:26pU.S. approves first marijuana plant-derived drug for epilepsy
RE
07:26pYen Climbs on New Trade Tensions
DJ
07:23pExclusive - North American, UK, Asian regulators press EU on data privacy exemption
RE
07:23pMINISTRY OF FOREIGN AFFAIRS OF UNITED ARAB EMI : H.H. Sheikh Abdullah bin Zayed meets Indian Minister of External Affairs.
PU
Latest news "Economy & Forex"
Advertisement