Archive for the ‘Competitiveness’ Category

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World Trade Month 2012: Celebrating Progress, Building for the Future

May 8, 2012

Francisco Sánchez is the Under Secretary of Commerce for International Trade

It’s that time of year again.

May is World Trade Month, a time to reaffirm the important role that international trade plays in U.S. economic growth. 

Francisco Sanchez (center) with the members of the Travel and Tourism Advisory Board at Pow Wow in Los Angeles, CA

Francisco Sanchez (center) with the members of the Travel and Tourism Advisory Board at Pow Wow in Los Angeles, CA

In today’s global economy, it is more important than ever for American businesses to tap into the abundance of opportunities overseas.  95 percent of the world’s consumers are located outside our borders; helping companies reach them is key to our nation’s economic success and future.   

At the Department of Commerce, we are providing this kind of help in a variety of forms — from raising awareness, to offering unique insight into markets and sectors, to providing counsel that helps companies navigate through all the regulatory red tape when doing business abroad. 

As a result of these kinds of efforts, American businesses are finding new opportunities in the global marketplace.  In 2011, American businesses sold $2.1 trillion dollars worth of goods and services to overseas customers — an all-time record.  These sales made an impact far beyond financial statements: they also benefited people and families. 

Last year, U.S. exports supported roughly 10 million jobs, helping Americans — from all corners of the country — stimulate their local economies, while paying their rents, buying their groceries, taking care of their children’s tuition bills and much more. 

So the formula is clear: whenever U.S. exports increase, the American people benefit.  This is why the Department of Commerce is firmly committed to helping more U.S. businesses succeed in the global markets.

We are doing this work in a number of ways. 

Last month, for example, I was proud to participate in the Western Hemisphere Business Opportunities Forum, where U.S. businesses engaged with our Commercial Officers to talk about the wide-range of opportunities across the region. 

We now export more to the Western Hemisphere than to any other region in the world, and there are great possibilities to do more, especially after the U.S. – Colombia Trade Promotion Agreement takes effect on May 15th.  Through this business forum and other efforts, we are working diligently to ensure that American companies are well positioned to fulfill this enormous promise. 

Another exciting event that took place in April was the U.S. Travel Association’s International Pow Wow Event, which strives to boost U.S. tourism.  Last year, 62 million international visitors traveled to the United States, and for good reason.  There is no place like America, with its unique sites, culture and history. 

These visitors spent a record $153 billion dollars on things like restaurants, hotels, and shopping, strengthening bottom lines in a variety of sectors.  At Pow Wow, we pledged to continue to work with partners to support this vital industry.  And, during this World Trade Month and beyond, we renew our commitment to increasing U.S. exports in all industries. 

Throughout May, there will be a series of state and local events taking place nationwide to provide support to U.S. businesses looking to export their goods and services around the world. 

Later this month, we’ll be releasing a special edition of International Trade Update to report on many of these events so stay tuned.

In the meantime, we at the Department of Commerce look forward to working with you to link American businesses to the opportunities overseas, and help them build for the future. 

Together, we can make this World Trade Month the most memorable yet. 

So let’s get to work.

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May is World Trade Month

May 1, 2012

Cory Churches is a Communications Outreach Specialist in the Office of Public Affairs at the International Trade Administration.

May is the harbinger of Spring (here in the Northern Hemisphere) but it’s also what I like to call the “month of weeks”. In addition to being Bike Month (as proclaimed by the League of American Bicyclists) it is also a celebration of many of the things we here at the International Trade Administration hold near and dear to our hearts.

Bike messengers in Hannover, Germany (Photo T.MoE via Flickr)

Bike messengers in Hannover, Germany (Photo T.MoE via Flickr)

In May we celebrate National Travel and Tourism Week (May 5-13), National Small Business Week (May 14-20), and last but certainly not least World Trade Week (May 21-26). All month we will be highlighting programs, industries, and milestones from across the organization that fit into these three (and sometimes all) themes.

This year marks the 50th anniversary of the E-Awards, created to “afford suitable recognition to persons, firms, or organizations which contribute significantly in the effort to increase United States exports.”

The U.S.-Colombia Trade Promotion Agreement enters into force on May 15 and we will have information about the economic impact of the agreement and opportunities for key industries as a result of the provisions of the agreement.

The annual TradeWinds Forum takes place May 14-22 and we will be highlighting stories from Singapore, Malaysia, Indonesia, Thailand, and Vietnam where hundreds of companies will be networking with government and industry leaders to find connections, partners, and ultimately sales in new markets.

Speaking of partners, the Market Development Cooperator Program (or MDCP) will highlight one of their many successes with a profile of the Independent Film and Television Alliance. IFTA became a partner in 2010 with the goal of “enhancing the global competitiveness of its industry and increase the exports of U.S. independent motion picture exports by an creating American Pavilion at the Hong Kong International Film and Television Market.” We will hear of their ultimate success and track their progress.

Keep an eye out for upcoming stories and follow us on Twitter @TradeGov.

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Travel Forecast Projects Increase in International Visitors between Four and Five Percent by 2016

April 25, 2012

This post contains external links. Please review our external linking policy.

Mark Brown is a Senior Market Research Analyst with the Office of Travel and Tourism Industries in the Manufacturing and Services division of the International Trade Administration

This week is a pretty exciting time for the travel and tourism industry. The U.S. Travel Association’s annual International Pow Wow trade show event, is taking place in Los Angeles and was the venue for Commerce Secretary John Bryson to release the 2012-2016 travel forecast. The U.S. Department of Commerce produces a semi-annual travel forecast, one in the spring to coincide with the Pow Wow event, and one in the fall to coincide with an annual travel industry marketing outlook event.

Our latest forecast shows that international traveler volume to the United States is expected to build on the two consecutive visitor volume records set in 2010 and 2011 and grow at a four percent to five percent rate from 2012 through 2016.

Under Secretary of Commerce for International Trade Francisco Sanchez cuts the ribbon to open Pow Wow 2012 with Travel and Tourism officials

Under Secretary of Commerce for International Trade Francisco Sanchez cuts the ribbon to open Pow Wow 2012 with Travel and Tourism officials

When compared to the fall 2011 forecast, the spring 2012 forecast represents a further downward revision in visitor volume growth, and the fall had been revised downward compared to the spring 2011 forecast. These revisions reflect several factors, including 2011’s solid, but below-forecast performance, and the International Monetary Fund’s revision of economic conditions for many of the U.S. top visitor origin markets.

That’s the bad news. But the good news is that the forecast still projects solid growth in visitor volume over the 2012 to 2016 period…and at a level higher than the United Nations World Tourism Organization’s forecast for the world, which is between 3.5 percent and 3.8 percent annual growth over this period.

The current forecast for the USA also does not yet factor in the potential impact from the Travel Promotion Act of 2009 legislation, which was signed into law in March 2010. The law established the non-profit Corporation for Travel Promotion, now known as BrandUSA, and a funding mechanism to market the USA as a premier travel destination. BrandUSA just unveiled their marketing plan at the Los Angeles Pow Wow event. Their impact on travel to the USA would be above and beyond the Department’s forecast levels.

If the forecast holds true, visitor volume would grow from 62.3 million in 2011 to reach 65.4 million in 2012 and 76.6 million by 2016. This translates into total growth of 14.4 million additional visitors in 2016 compared to 2011, growth of 23% versus the 2011 level, and a compounded annual growth rate of 4.2 percent.

Related: TAKE-OFF! (traveling, that is) New Travel Indicators Website Launched
International Visitors to the U.S. Jumped 9 Percent in February 2012

Tourists from all world regions are forecast to grow over the five-year period, ranging from a low for the Caribbean (+9 percent), to a high for Asia (+49 percent), South America (+47 percent), and Africa (+47 percent). All but three of the top-40 visitor origin countries are forecast to grow from 2011 through 2016. Countries with the largest total growth percentages include China (+198 percent), Brazil (+70 percent), Argentina (+46 percent), Australia (+45 percent), Korea (+35 percent), and Venezuela (+35 percent).

It’s important to monitor the fast-growing markets, but what matters more are the largest-growth markets. The North America world region is forecast to account for the largest proportion of the total visitor growth of 14 million visitors (42 percent). Asia (25 percent), Western Europe (11 percent), and South America (13 percent) are expected to account for the bulk of the remaining 58 percent of total growth in visitor volume forecast in 2016 compared to 2011 actual volume. 

The countries contributing the most to total growth by 2016 are Canada (additional 4.47 million visitors), China (2.16 additional visitors), Mexico (1.54 million additional visitors, Brazil (1.06 million additional visitors), and Australia (463 thousand additional visitors).

To learn more about the spring 2012 Travel and Tourism Forecast, visit www.trade.gov. To learn more about Commerce’s efforts to increase travel to the U.S., visit www.commerce.gov.

 

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Small Baltimore Engineering Business Believes in “Doing Well by Doing Good”

April 13, 2012

Doug Barry is an International Trade Specialist in the Trade Information Center, part of the U.S. and Foreign Commercial Service

Engineer Kimberly Brown started Amethyst Technologies five years ago.  Her Baltimore, Maryland-based company now has 24 employees and recently expanded its markets to include Africa with help from the U.S. Commercial Service.  Dr. Brown spoke to Doug Barry of the International Trade Administration’s Trade Information Center.

Barry:  Your work in Africa is sponsored by the U.S. Department of Defense.  It sounds like the U.S. government is a good entree for small companies of a certain type to get into the international marketplace.  True?

Brown:  Definitely I agree with that statement.  It was our first prime contract.  And we had different tasks.  And our last task was the Tanzania-scope project.  So as a small business, we were just trying to do business in Maryland.  And we were given the opportunity to provide services to support the U.S. Army in Tanzania and Kenya.  That’s really the only reason why we are in Africa now, and we’re pursuing other opportunities. 

Dr. Kimberly Brown of Amethyst Technologies

Dr. Kimberly Brown of Amethyst Technologies

Barry: Where will you go next?

Brown:  We are currently pursuing opportunities in about five countries.  Most of those opportunities right now are with foreign governments.  We also have been talking to the large NGOs.  Because our work supports global health initiatives, we have value-added resources to assist with the President’s Malaria Initiative, with the Global Health Initiative. 

Barry:  It must be a wonderful feeling to get up every day realizing that you’re contributing to saving lives and improving the lives of, potentially, millions of people.

Brown:  Definitely.  It makes it all worthwhile.  It’s an added bonus to doing business when you’re doing something that is very beneficial, very needed, and it will change lives.  Small things make a very large difference.

Barry:  What do engineers like you contribute to the finding of cures for malaria and other kinds of diseases?

Brown:  We set up laboratories.  One of the primary things we do on the engineering side is we ensure U.S. Food and Drug Administration compliance for equipment. We develop software.  We get specs for clean rooms, laboratories.  So we set up World Health Organization-compliant laboratories for drug testing, developing standards for education, for health care, for transportation and agriculture.  So as engineers, we offer something very unique and beneficial to global health.

Barry:  What did you hear about the U.S. Commercial Service and its local office, the Baltimore Export Assistance Center, that piqued your curiosity about how the U.S. government could help grow the international side of your business?

Brown:  Well, I heard that they can help us identify partners.  They can also assist us with identifying what countries we can do business with and what type of business we can do.  So as a small business, for me, that levels the playing field, because large businesses which are doing business overseas, they have a whole department that’s dedicated to providing these types of services.  And I found out that the U.S. government will help do it for us.  My first meeting with the U.S. Commercial Service, I was told that I needed to find a partner.  Before that, I thought that Amethyst could just go in ourselves and get a contract or look for opportunity.  So they really opened my eyes to:  you need to find a partner.

Barry: Did they provide you with a partner, other than the advice that a partner is needed?

Brown:  They told me organizations to contact.  So in this case, they didn’t actually give me a specific partner, but they gave me leads to identify a partner.  That worked out very well, because I’ve identified several partners in several countries.  And that is very important, because in many countries, as a U.S. company you can’t own a business; you can’t be the primary majority owner.  So you will need an in-country partner. The time involved – again, as a small business, you’re going to need somebody who knows how to do business in that country.  And then the connections – you have to know people.  It’s great advice that I received from the U.S. Commercial Service that is really making a difference in our pursuit of opportunities abroad. 

Barry: Were you a little put off by the fact that it was a government agency?

Brown:  I’ve always had very positive results and had great assistance from government agencies.  My company receives help from the Small Business Administration.  So I never had any hesitance to contact them and am always seeking opportunities to contact government agencies to get resources, especially with doing business overseas. 

Barry:  Do you think that’s a competitive advantage for U.S. businesses to make sure that they know about the government services available and make full use of them?

Brown:  Definitely.  As a small business, and even large businesses know, you need to take advantage of any information that you can receive that is appropriate, that is correct and is free or very affordable. 

Barry:  In working in Africa and with a different culture, have you or your company had to develop a different mindset in order to effectively interact with people from a different culture?

Brown:  We really haven’t had many problems in interacting other than language barriers.  In Tanzania, everything is in Swahili.  So we had to have all our documents translated to Swahili and we hire interpreters.  But other than that, it’s really been a very smooth transition, especially in health care.  That’s a global language.  And everyone understands malaria.  And that’s what we’re doing in Tanzania. 

Barry:  What else are you considering and thinking about now in positioning your company to do more of this kind of work?

Brown:  Well, definitely diversifying, listening to the large businesses like GE.  I attended an event a few years ago, and the CEO of GE talked about going global.  And that always stuck with me, that as a small business we need to do what the large businesses are doing.  Creating jobs in the U.S., doing work overseas is our model.  So we have been aligning ourselves with partners, public and private partnerships; that’s really what we’re focusing on now. 

Barry:  Do you have a person that does that full-time or is that you or do you have someone else in the company?

Brown:  That’s all of us.  Primarily it’s me. But our people who are working in Africa, they often will identify opportunities.

Barry:  As you know, there’s a lot of fear and paranoia, paralysis even, when it comes to thinking about selling something to somebody in a different country.  And what would you say now to the fearful based on your experience?

Brown:  Definitely do your homework.  Use the U.S. Commercial Service to research any country that you are thinking about doing business.  Find out what the markets are, what are the positives, what are the negatives.  And look for in-country partners. And both of those things are resources that the U.S. Commercial Services specializes in helping business with.

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Solidifying a Long-Standing Partnership

April 3, 2012

Daniel O’Brien is ITA’s Liaison to the 59 District Export Councils and to the National DEC; he also serves as the Deputy National Field Director for the U.S. and Foreign Commercial Service.

Doubling U.S. exports by the end of 2014 to meet the goals of the National Export Initiative (NEI) was never going to be easy, or achieved by government alone.  The International Trade Administration (ITA) knows that the federal government must work more, and more intensely, with partners to make the NEI’s goals a reality. 

This past Friday, ITA took an important step forward in doing just that.  Deputy Under Secretary Michelle O’Neill signed a Memorandum of Agreement (MOA) with Daniel Ogden, Chair of the National District Export Council, Inc. (NDEC) that commits both the Commercial Service and the NDEC to continue their partnership for at least the next five years.

The NDEC represents and serves the 59 individual DECs, whose members are appointed by the Secretary of Commerce. The membership stretches across the United States and its territories and is nearly 1,400 strong, including a plastics manufacturer in Southern California; a manager of a major steel firm in Alabama; a Small Business Development Center representative from Guam; and a trade consultant from Maine. The National DEC represents these members with ITA and other federal agencies here in Washington, D.C., and to the trade community generally across the country.

The DECs play a major role in the planning and coordination of export activities in their communities. The DECs work together with the network of Commercial Service Export Assistance Centers by providing export education seminars; counseling local companies interested in exporting; and generally supporting the expansion of export opportunities for U.S. companies.

Under the MOA, Commercial Service and the NDEC will work together to support the local DECs, and to assist with communication efforts, meetings, conferences and forums, and collaboration in educational programs and events. The MOA has already led to a commitment to produce regular webinars on trade education and policy for DEC members each month, and to a DEC forum in Washington, D.C. in October.

Doubling exports by the end of 2014 is an ambitious goal. As the lead trade promotion agency in government, ITA knows that it can only help meet that goal through close and increased collaboration with partners. Among the longest-standing of those are the 59 DECs, and the NDEC that represents them.  On March 30 ITA and the NDEC formally recognized the value of these relationships, and together committed again to making the NEI’s goals a reality.

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China’s Economy Still Holds Good Opportunities for U.S. Firms

March 27, 2012

This story is part of an ongoing series highlighting the information available to participants in the 2012 Asia Pacific Business Outlook (APBO)

William Zarit is the Minister for Commercial Affairs, U.S. Embassy, Beijing, China.

I’m excited to be back again at the Asia Pacific Business Outlook. Yesterday, I discussed China’s country outlook. With the February visit of Chinese Vice President and heir apparent Xi Jinping, the state of U.S.-China relations is receiving a lot of attention from both countries as we continue to expand commercial activity. The success from the 22nd plenary meeting of the Joint Commission on Commerce and Trade (JCCT) last November will help boost U.S. exports and jobs, albeit incrementally.

At the JCCT, the Chinese eliminated some protectionist policies and made progress toward better enforcement of intellectual property rights in China.

Best Prospects

A number of obstacles still exist for U.S. firms doing business in China, including protectionism; high labor costs; duplicative, costly and slow certifications and approvals; a frequently unclear regulatory environment; and poor IPR enforcement.  With China’s GDP growth projected to be at or above 7.5 percent through 2013, there is still potential for U.S. exports in many sectors, including:

  • clean energy
  • green building
  • renewable energy
  • water and water pollution treatment systems
  • travel and tourism
  • medical devices and healthcare
  • railroads and metro transit
  • aviation
  • information and communications technology
  • marine industries
  • agriculture; and
  • Chinese outbound foreign direct investment

Making Your Move in the China Market

U.S. companies need to take advantage of key trends in China such as massive urbanization, a growing middle class, U.S. export growth to 2nd and 3rd tier cities, and Chinese disposable income predicted to double in eight years.  Also, almost 50 percent of the Chinese population is forecast to belong to the middle class by 2020.

Don’t Go It Alone in China – Visit the Commercial Service

The Commercial section in the Embassy is part of a global network of trade professionals dedicated to U.S. commercial interests worldwide.  We connect U.S. business to opportunities in China. With almost 100 staff in five offices in China:  Beijing, Shanghai, Guangzhou, Chengdu, and Shenyang, we also serve U.S. business in 14 second tier cities, working in partnership with the China Council for the Promotion of International Trade.

We can help in many ways, including:

  • finding distributors and agents for U.S. exports;
  • screening potential Chinese agents, distributors, and partners;
  • promoting your firm to target markets;
  • supporting multi-city U.S. government-led trade missions and trade shows;
  • and organizing and leading Chinese buying delegations to the U.S.

Go to www.export.gov/china to learn more about us and what we can do for your company in China.

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Asia Pacific Business Outlook: Twenty Five Years and Many More Opportunities

March 27, 2012

This story is part of an ongoing series highlighting the information available to participants in the 2012 Asia Pacific Business Outlook (APBO)

Francisco Sánchez is the Under Secretary of Commerce for International Trade

This is my second year keynoting the 25-year old USC Marshall School’s Asia Pacific Business Outlook (APBO) Conference. It was great to see the diversity of participants, from representatives of businesses across the United States, as well as non-profit organizations, chambers of commerce, and trade associations from both the United States and countries in Asia and Latin America.

Under Secretary of Commerce for International Trade Francisco Sánchez speaks during the APBO Conference

Under Secretary of Commerce for International Trade Francisco Sánchez speaks during the APBO Conference (Photo USC Marshall School of Business)

It seems as though it’s also a reunion and convergence of sorts of 16 Senior Commercial Officers (SCOs) from Asia and local Commercial Service trade specialists. For the first time, we have the SCOs from Brazil and Russia joining the conference, contributing their insider knowledge and providing market briefings in one-on-one counseling sessions.

During my address yesterday, I was able to outline our ongoing priorities here at the International Trade Administration and across the Obama Administration as well as provide updates on some major accomplishments achieved in the past few years.

This month marks the two-year anniversary of the President’s National Export Initiative and good things are happening. Last year, U.S. exports surpassed $2 trillion for the first time in history. They supported nearly 10 million jobs, an increase of more than a million when compared to 2009 numbers. So the formula is pretty clear: exports benefit jobs, businesses and the national economy. That’s why we’ve got to continue to increase U.S. exports.

One of the areas with the greatest potential for this work is the Asia-Pacific region. It represents 55 percent of global GDP and accounts for 44 percent of world trade. And all of us at the Commerce Department are committed to keeping the U.S.- Asia-Pacific partnership growing — both through our words and our work.

Last year, I led the largest-ever higher-education mission to Indonesia and Vietnam. I visited Hong Kong and China last fall. And, earlier this month I was in Japan and Vietnam a second time to advance commercial relations. Our work in this region is a priority for us. And good things are happening.

U.S. goods exports to the broader Asia-Pacific totaled nearly $900 billion in 2011, a 15 percent increase from 2010. This is equal to 60 percent of total U.S. goods exports to the world. This partnership is generating benefits for all sides. This means jobs and growth for the American economy. In turn, U.S. products and services are helping to fuel the economic development in the Asia Pacific.

These have been win-win partnerships. Now, we’re focused on producing even more wins. To do this, the Administration is working from the policy level to the community level. For instance, one win came recently when the U.S.- Korea Trade Agreement took effect.

Before, in a variety of sectors, U.S. companies had to pay a tariff rate to sell their goods and services in Korea. Now, many of these same companies can enter the market duty-free. Almost 80 percent of American exports of industrial products to Korea will enter without getting taxed. Estimates are that this will lead to roughly $11 billion in additional U.S. exports. It will also provide new opportunities in the 12th largest economy in the world. That’s a big win.

Another win involves the Trans-Pacific Partnership. As many of you know, it’s an ambitious, high-standard trade agreement for doing business in the Asia-Pacific. It seeks to address new and emerging trade issues and 21st-century challenges. Working with our colleagues at the Office of the United States Trade Representative — we are addressing traditional trade issues involving goods and services;  rules on intellectual property; and technical barriers to trade. And we are making progress. A TPP framework was agreed to in Honolulu at the APEC Leaders’ meeting in November. It was a landmark accomplishment. The agreement identified five central features that nations around the world are already viewing as a new standard for trade agreements.

The Commercial Officers from across Asia, Russia and Brazil as well as the domestic trade specialist stand ready to help U.S. businesses explore the possibilities that are out there. There were some great conversations today.
This is a chance to achieve common goals, such as creating more markets and customers for U.S. businesses, which can lead to more sales, which will boost U.S. exports, which supports jobs and strengthens the American economy. These are big goals that will make a big impact.

And I look forward to working with all of you in the years ahead to achieve these goals.

So let’s get the conversation started.

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Ideas for Prosperity: A Conference about Education and Cooperation in the Americas

March 22, 2012

Andrew Theodotou is an intern in the International Trade Administration’s Office of Public Affairs. Andrew is a sophomore at Georgetown University.

“People are our most valuable assets,” Under Secretary of Commerce for International Trade Francisco Sánchez pointed this out in his remarks to more than five hundred senior government officials, private sector leaders, university representatives, and students gathered at Georgetown University. The conference, held March 12-13, was officially titled “Making Latin America and the Caribbean a More Equitable Society: Education, Economic Growth, and Corporate Social Responsibility”.

The focus of the event was to facilitate a high-level dialogue on the importance of education as an economic driver for competitiveness.  The event attracted representatives from more than fifty universities throughout the hemisphere, many represented at the dean or university president level. 

Under Secretary of Commerce for International Trade Francisco Sánchez speaks at Georgetown University during the Making Latin America and the Caribbean a More Equitable Society: Education, Economic Growth, and Corporate Social Responsibility Conference

Under Secretary of Commerce for International Trade Francisco Sánchez speaks at Georgetown University during the Making Latin America and the Caribbean a More Equitable Society: Education, Economic Growth, and Corporate Social Responsibility Conference

Each of the addresses, dialogues, and roundtable discussions specifically highlighted the need to cultivate human capital in the Americas. They encouraged cooperation between the public and private sector throughout the hemisphere to achieve this goal and stressed the benefits afforded to all parties involved.

Participants discussed new ways to foster social and economic development in the Western Hemisphere as well as initiatives that have already been put into place towards this end.

In 2010, President Obama launched the “Change the Equation Initiative”, a CEO-led effort to bolster education in science, technology, engineering and math (STEM). Knowledge of these subjects has been identified as a key asset in today’s workforce and a powerful driver of economic growth. Many of our neighbors in the Americas have initiated similar efforts, such as El Salvador’s “Supérate”, a program sponsored by Microsoft which offers after school training in computer science and English language training.   Such programs demonstrate the increasing role that the private sector plays in improving our education systems and overall economic competitiveness.

A key focus of this event was President Obama’s 100K Strong Initiative, which seeks to increase the number of U.S. students studying in Latin America and the Caribbean (LAC) to 100,000 while attracting the same amount from the LAC region to study in the United States.  By increasing the number of foreign students studying in U.S. universities, this will create an increase in service exports for the United States and ultimately help stimulate domestic growth and job creation.  In addition, the event strongly focused upon forging new linkages across the hemisphere as a means of sharing best practices and identifying new ways to share research and collaborate. 

Programs like these are motivated by the idea that weak education systems are a major barrier to socio-economic development, even in the United States. They are also built on recognition that cooperation is essential in the solution to this problem. If governments can work with businesses to promote workforce development, then a whole economy can grow. If businesses can play a role in teaching their workers today’s essential skills, they can create jobs. And finally, if students can collaborate with their peers in other countries, they will build a mutual understanding and facilitate positive trade relationships in the future.

The conference at Georgetown University aimed to advance these relationships, with hopes that they will fuel competitive economies and lead to a higher standard of living and greater social equality.

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International Tourism Spending in 2011 Supported 103,000 Additional Tourism-Related Jobs

March 21, 2012

This post contains external links. Please review our external linking policy.

Nicole Y. Lamb-Hale is the Assistant Secretary for Manufacturing and Services

We always know when it’s Spring in Washington, D.C. – the city comes alive with our glorious cherry blossom trees (celebrating their 100th anniversary this year with an extended National Cherry Blossom Festival, having been gifted to the United States by Japan in 1912) – and we begin to see the “annual migration” of hundreds of groups who come to the nation’s capital to participate in educational, leisure, and business events, taking in the beautiful sights while they’re here.

Tourists enjoy the annual cherry blossoms along the Tidal Basin

Tourists enjoy the annual cherry blossoms along the Tidal Basin (Photo Destination DC)

For some, the visitors are viewed as an annoyance because they crowd the subways and sidewalks, as well as daily lunch spots and favorite shops.  For others of us, however, we welcome them with open arms, right along with the arrival of the cherry blossoms and the warmer weather.  In particular, we welcome our international visitors, who, last year, spent $153 billion dollars while visiting the United States.

62 million international visitors came to the United States in 2011, an increase of 2.5 million over 2010.  These 62 million visitors spent 14 percent more on travel and tourism-related goods and services last year than in 2010.  Their spending supported an additional 103,000 travel and tourism industry jobs!

These figures come on the heels of President Obama’s January 19th announcement implementing new initiatives to significantly increase travel and tourism in the United States.  The industry plays a vital role in supporting a robust economy and should be recognized for the positive impacts it makes.

As part of the initiatives to increase travel and tourism in the United States, President Obama created a Task Force for Travel and Competitiveness last month to build on this momentum and continue to create jobs.

In the announcement, the President charged our Secretary of Commerce, John Bryson, and Interior Department Secretary Ken Salazar with developing recommendations for a National Travel and Tourism Strategy to promote domestic and international travel opportunities throughout the U.S., thereby expanding job creation for our industry.
 
The Task Force is primarily focused on strategies for increasing tourism and recreation jobs by promoting visits to our national treasures; our national parks, wild refuges, cultural and historic sites, monuments and other public lands that can attract travelers from around the country and the globe.

As part of those efforts, Commerce’s International Trade Administration supplies the travel and tourism industry with important data, including international arrivals to the U.S., the forecast of international travel to America for over 30 countries, and estimates of the total impact of travel and tourism on the economy, among others.
 
In December 2011 alone, international visitors spent $12.6 billion on travel to, and tourism-related activities within, the United States, which is a 9 percent increase over December 2010. Travel and tourism-related exports increased, on average, more than $1.5 billion a month in 2011.

Instead of viewing our guests as a nuisance to be avoided, I’d recommend saying “thank you” to the next group of visitors you encounter.  They’re helping support your friends and neighbors through their spending, and they’re helping us all continue to bolster the economy!
 
To learn more about Commerce’s efforts to increase travel to the United States, please visit the Office of Travel and Tourism Industries.

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Revamped Website Helps Businesses Protect IPR

March 14, 2012

The Office of Intellectual Property Rights (OIPR) is located in the Trade Agreements and Compliance area of ITA’s Market Access and Compliance unit.  One of OIPR responsibilities is to develop  trade programs and tools to help U.S. businesses and citizens protect and enforce their IPR in foreign markets, and conducting outreach to raise awareness. 

This week the International Trade Administration, in cooperation with other relevant U.S. agencies, unveiled the newly redesigned website, www.STOPfakes.gov. This is part of continued efforts to improve online tools making information easier to find.Redesigned STOPfakes.gov web site with mobile device

Originally debuted in 2005, www.STOPfakes.gov is an invaluable one-stop shop for IPR resources and information that is particularly relevant to small and medium-sized businesses. A self-paced IPR tutorial available in English, French and Spanish explains patents, copyrights, trademarks and trade secrets and guides small businesses through an IP audit to assess intangible assets. 

Through the website, users can report IPR theft to federal law enforcement and obtain a free one-hour consultation with a lawyer knowledgeable on IPR protection.

Another resource is the IPR Toolkits. These are self-help manuals that provide the ins and outs of foreign IPR systems to help U.S. companies protect their business and IPR interests in foreign countries. A broad range of IPR materials produced by the European Commission is also available to users through the TransAtlantic IPR Portal.

The U.S. Government looks forward to continuing to help U.S. businesses develop and protect their intellectual property interests via the IPR tools and resources available through www.STOPfakes.gov.  The more U.S. businesses of all sizes know about protecting and enforcing their intellectual property rights abroad, the greater the returns will be right here at home.

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