Posts Tagged ‘President’

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Under Secretary Sánchez to Speak on Panel for Technology-Based Global Innovation

January 31, 2013

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Tyler Braswell is an intern for the International Trade Administration’s Office of Public Affairs. He is studying International Business and attends George Washington University.

The Digital Age is upon us. The effect of digital technology on the global market has been well documented as technology-based companies continue to supply the world with innovative methods and products that increase the quality and efficiency of American lives and businesses.  The creation of jobs due to new technology as well as the continued financial success of technology-based firms has made the promotion of technology-based innovation a top priority for any economy looking to compete internationally.

President Obama’s plan to make high-speed wireless services available to 98% of Americans will make technology-based software and products even more accessible to American consumers. As technology is integrated more deeply into society, the U.S. is working to ensure that these integrations directly translate to domestic economic growth.

On Feb. 4, Francisco Sánchez, Under Secretary of Commerce for International Trade, will participate in an event hosted by the Information Technology Innovation Foundation (ITIF). The ITIF is a non-partisan think tank whose mission is to help American policymakers better understand the nature of a new innovation-driven economy.

The ITIF discussion panel will focus on the increase in global competition to host technology-based firms and the benefits that hosting such companies can have on a country’s economy. The event will also feature information on how countries attract technology-based firms and what the U.S. has done to improve its appeal to those firms. The Under Secretary will be joined on the panel by the general counsels for NCR and Qualcomm.

Sánchez and the panel will answer questions from industry participants concerning the advantages currently offered to firms that choose to do business within the United States.

The Under Secretary will also provide information on certain policies the U.S. has enacted to promote technology-based industry within the U.S. as well as trade agreements designed to benefit American companies.

The U.S. is actively advancing trade agreements and initiatives to broaden market access. Technology-based firms will be among the primary beneficiaries. Trade agreements like the Trans-Pacific Partnership (TPP) will help technology-based firms by expanding access to key Asian markets and removing bans on border crossing data-flows.

American leaders—both in government and business—appreciate that supporting technology-based firms is necessary to achieve President Obama’s goal of increasing our exports and re-balancing our economy, which are embedded in the National Export Initiative. This event will reaffirm the International Trade Administration’s commitment to increase exports, further the global expansion of domestic businesses, and attract new technology-based industries to the U.S. economy.

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A Blue Print for Export-Driven Jobs Growth

February 4, 2010

Mary Trupo is the International Trade Administration’s Director of the Office of Public Affairs.

The National Press Club is abuzz with excitement as Secretary Gary Locke prepares to roll out the National Export Initiative (NEI), unveiled during President Obama’s State of the Union Address.  During last week’s speech, the president announced a goal of doubling exports over the next five years to support 2 million jobs in America. The NEI, the first of its kind, represents a government-wide export-promotion strategy in the U.S. with focused attention from the president and his cabinet.

As I sit here in the throng of reporters, members of Congress and invited guests, I am struck by how much work, collaboration and passion has gone into creating this historic initiative. Much more work is ahead as we promote and engage American businesses to take advantage of the expanded programs that the Secretary just announced.

I am excited to be part of this moment and know that through the efforts of the talented and dedicated global staff within ITA, we will reach the goal of increasing exports and assisting more U.S. companies who are either new to exporting or export ready, to expand into new markets.

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State of the Union Spotlights Importance of Export Promotion

January 28, 2010

Michelle O’Neil is the Acting Under Secretary of the International Trade Administration.

We have always known the importance of exports to the American economy here at the International Trade Administration and we are thrilled that President Obama recognized exports and the National Export Initiative in yesterday’s State of the Union Address.

If we needed any more confirmation of the importance of our role at ITA, we heard it last night.  One of the pillars of the new foundation of economic growth rests on exporting more American goods and services – a message the nation heard loud and clear directly from President Obama.

There is no time for us to waste and no reason for the country to have to wait to see the results of the challenge the President laid at our feet:  To double exports by the end of the next five years and support new jobs in America.

The President mentioned just about everything that we do here at ITA – but now we are going to step it up a notch to help create the two million jobs that doubling exports will generate.

We must help more farmers and small businesses expand their exports; seek new markets for American products; continue to pursue free trade agreements and find ways to enforce them; continue to push for concluding the Doha round; expand our trading relationships with Asia and other key trading partners; and, above all, work together.

In doing our jobs and doing them well, we will have confirmed the faith the President has in us.

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