U.S. Secretary of State John Kerry and U.S. Trade Representative Ambassador Michael Froman speak with reporters during a news conference after the APEC Ministerial meetings in Bali, Indonesia, on October 5, 2013. Read the transcript of their remarks here. [State Department photo/ Public Domain]

U.S. Secretary of State John Kerry delivers remarks with Minister of Foreign Affairs and Trade of the Republic of Korea Yun Byung-se after their meeting at the U.S. Department of State in Washington, D.C., on April 2, 2013.

Meeting of the U.S.-Georgia Strategic Partnership Commission’s Economic and People-to-People Working Groups

Media Note
Office of the Spokesperson
Washington, DC
December 17, 2012

The U.S. Department of State will hold meetings of the U.S.-Georgia Strategic Partnership Commission working groups for Economic, Energy, and Trade on December 17 and People-to-People Cultural Exchanges on December 18.

The Economic, Energy, and Trade Working Group will be led by the Bureau of Economic and Business Affairs (EB) Acting Deputy Assistant Secretary Robert Manogue and U.S. Department of Commerce Principal Deputy Assistant Secretary John Andersen. The Georgian co-chairs will be Davit Zalkaliani, First Deputy Minister, Ministry of Foreign Affairs, and Irakli Matkava, Deputy Minister, Ministry of Economic and Sustainable Development. The Working Group will discuss cooperation in bilateral trade and investment, agriculture, intellectual property rights, energy security and supply diversification, infrastructure development, and regional economic integration. MORE

U.S.-Colombia Trade Promotion Agreement Enters Into Force

A shipment of flowers was the first commercial shipment from Colombia to the United States under the Free Trade Agreement between the countries, May 14, 2012. [U.S. Embassy photo/ Public Domain]

More: White House Blog | International Trade Administration Blog | U.S.-Colombia Trade Agreement

One and a half million Colombian flowers were sent to the United States on May 14 as the first shipment under the U.S.-Colombia Trade Promotion Agreement, which goes into force today. The United States is the largest market… more »

U.S. Secretary of State Hillary Rodham Clinton delivers remarks to the National Confederation of Industries in Brasilia, Brazil, April 16, 2012.

Advancing U.S. Economic Statecraft in 2012
Shipping containers line the Port of Long Beach, awaiting export in Long Beach, California, in January 2011. [AP File Photo]

About the Author: Jose Fernandez serves as Assistant Secretary of State for Economic and Business Affairs.

This time last year, I made three, broad resolutions for 2011: to continue promoting U.S. job creation; to seek and build overseas economic alliances; and to protect U.S. businesses and their interests. Beyond these three, I also resolved to exploit every opportunity to foster prosperity at home and abroad. It is clear to me that my bureau’s hard work and resilient efforts paid off during 2011. In the wake of the Arab Awakening, we took quick steps to foster economic recovery in the region, including through promotion of entrepreneurship and U.S.-Middle East business relationships. This fall, we seized long-standing opportunities for expanding economic growth by finalizing trade agreements with Colombia, South Korea,… more »

U.S. Launches “Women in Trade Initiative” in Pakistan

Model at U.S. trade exhibit to promote women entrepreneurs, Islamabad, June 25, 2010. [AP File]

About the Author: Courtney Beale serves as Acting Spokesperson at the U.S. Embassy in Islamabad, Pakistan.

In conjunction with several multinational firms, the U.S. Agency for International Development (USAID) is launching the Women in Trade Initiative in order to increase the participation of Pakistani women in the international trade sector. 

“This initiative is part of the United States — commitment to the people of Pakistan to support women’s empowerment,” said Dr. Marilyn Wyatt, wife of U.S. Ambassador Cameron Munter, at the launch of the Women in Trade Initiative. “By raising the role of women in the international trade sector, we can enable them to contribute not only to Pakistan’s economy, but to the overall development of the country.”

Under this initiative, USAID has arranged three-month internships for 17 female university graduates with well-known companies such as TARGET Sourcing Services Pakistan, TEXLYNX, NISHAT Group,… more »

Ensuring a Sound Basis for Global Competition: Competitive Neutrality
Containers are loaded onto vessels at the Port of Miami, 2010. [AP File Photo]

About the Author: Robert D. Hormats serves as Under Secretary of State for Economic, Energy and Agricultural Affairs.

Over the decade and a half after the fall of the Berlin Wall, and creation of the World Trade Organization, the world economy experienced one of the fastest periods of growth since World War II. Access to new markets, accelerating international investment, innovation, and entrepreneurship characterized the evolution of a “global” economy.

During this period, American, European, and Japanese global companies prospered. Their success inspired emulation in surprising and unexpected ways. A near-universal acceptance emerged that open markets and private investment were the key to economic growth and development.

How effective governments and business took advantage of opportunities provided by globalization was a central factor in determining success in sustaining economic growth and innovation during this period. Developing and… more »

Panama Trade Promotion Agreement: Leveling the Playing Field
A cargo ship sails through the Panama Canal in Panama City, March 3, 2009. [AP File]

About the Author: Jose W. Fernandez serves as Assistant Secretary of State for Economic, Energy, and Business Affairs.

On Thursday, April 28, Panamanian President Martinelli visited the White House and met with President Obama to discuss next steps with regard to the U.S.-Panama Trade Promotion Agreement. This visit and the Trade Promotion Agreement build on a tradition dating back to 1906, when President Teddy Roosevelt traveled to Panama — becoming the first U.S. president to leave the country while in office.

President Roosevelt was traveling to inspect the progress of U.S. construction of “the path between the seas” that would become the Panama Canal. The United States operated the Panama Canal for over 90 years, establishing close and enduring people-to-people contacts. In 1999, Panama became the owner and operator of the Canal, but our strong ties and shared history continue to bind us — the United States remains the Canal’s largest beneficiary. Approximately two-thirds of the… more »