Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  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
05/14/2013 | 08:09pm CET

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
Latest news
Date Title
10:48p NORTHWEST HEALTHCARE PROPERTIES REIT : Real Estate Investment Trust Announces $70 Million Convertible Debenture Bought Deal and Continued International Growth
10:48p MUELLER WATER PRODUCTS : Title Mueller Co. Introduces Shur Stop™ Polyethylene Natural Gas Line Stopping System
10:48p NCGA NATIONAL CORN GROWERS ASSOCIATION : Only One Months Remains! Apply for NCGA 2018 Corn Board Today
10:47pDJPEAK ATHLEISURE : Lululemon's Toughest Task Yet -- Ahead of the Tape
10:47p EAGLE BANCORP INC : Change in Directors or Principal Officers (form 8-K)
10:47p MASTERCARD : to buy back shares worth $4 billion
10:47p BERRY PLASTICS GROUP INC : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits (form 8-K)
10:45p MARVELL TECHNOLOGY GROUP LTD Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
10:45p Patient Safety and the Use of eCW’s Electronic Health Records Software
Latest news
Hot News 
-37.64%CMC MARKETS : FCA tightens rules for spread betting products
6.76%BOB EVANS FARMS : Results Take Hit From Sluggish Sales, Note Impairment
-7.55%CHIPOTLE MEXICAN GRILL : says new director slate due 'shortly,' recovery lags
19.07%JBS : Brazil's JBS Plans U.S. IPO for Foods International Unit
0.35%LINKEDIN : Microsoft gains EU approval for $26 billion buy of LinkedIn
Most Read News
10:23a Oil firms and carmakers diverge in costly debate
04:00p SAMSUNG ELECTRONICS : U.S. Supreme Court backs Samsung in smartphone fight with Apple
11:00a BANK OF MONTREAL : TSX barely higher on BMO beat; energy stocks weigh
10:15a Verizon to sell data centers to Equinix for $3.6 billion
11:40a Statoil drops Airbus Super Puma helicopters for good
Most recommended articles
12/02 Platts considers first addition to Brent basket since 2007
11/30DJCash Crunch Looms Over India's Growth Spurt
04:35pDJBOEING : Agrees to Acquire Liquid Robotics
04:33pDJTransocean Files 8K - Other Events
04:25pDJU.S. Stocks Trade Slightly Higher