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
05:36a BARCO : to improve efficiency and decision-making in control rooms with Singapore’s leading control room solution provider
05:34a COSTCO WHOLESALE : People are freaking out about ice cream sandwiches at Costco -- but why?
05:33a OPEC disappointment hits oil, stocks; sterling down on UK vote jitters
05:30a YINSON BHD : Changes in Sub. S-hldr's Int (Section 138 of CA 20
05:26a DEPARTMENT OF FINANCE AUSTRALIAN GOVERNMENT : Australian Government General Government Sector Monthly Financial Statements April 2017
05:26a Japan consumer prices rise in April, driven by energy costs
05:21a 1 WORKER DIES, 3 INJURED IN ANADARKO OIL TANK EXPLOSION IN MEAD : 'It was like 2 bombs going off'
05:20a UNITED PARCEL SERVICE : U.S. court fines UPS $247 million over illegal cigarette shipments
05:20a U.S. court fines UPS $247 million over illegal cigarette shipments
05:20a EUCON : Change of Company Name
Latest news
Advertisement
Hot News 
21.48%BEST BUY : Defies Retail Doldrums, Posting Higher Sales -- 3rd Update
11.40%Rayonier Advanced Materials to buy Tembec in forest products push
-6.85%DAILY MAIL AND GENERAL TRUST : falling information revenue forecast hits shares
14.00%INTERMEDIATE CAPITAL : British fund manager ICG's assets hit record high
13.26%Wizz Air reports record profit and no signs of Brexit hit
Most Read News
09:11pDJBOC AVIATION : Unit Agrees to Buy Six New Aircraft From Airbus
09:12p COSON : Accolades as COSON opens ultra-modern complex
08:01p SANTOS : appoints Vanessa Guthrie as a Director
09:09p VIACOM : Paramount Pictures Heats Up “BAYWATCH” Film Release with Partner Campaigns
08:04p POLICE : Iowa City man called protected party more than 900 times from jail
Most recommended articles
05/22 NOBLE : shares tumble after S&P ratings downgrade
11:20p UNITED PARCEL SERVICE : U.S. court fines UPS $247 million over illegal cigarette shipments
09:31pDJS F : UPS, China's S.F. Express Join Forces to Offer Special Delivery Business
09:16pDJNEWS HIGHLIGHTS : Top Global Markets News of the Day
09:15p ALPARGATAS : Brazil's JBS holds first board meeting after scandal on Friday - sources