SelectUSA Monthly Update

International Trade Administration sent this bulletin at 04/30/2012 07:08 PM EDT
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Monthly Update

Upcoming Outreach

SelectUSA will conduct targeted outreach throughout the United States and around the world.  Some upcoming events include: 
- On May 16, The U.S. Commercial Service will be hosting a SelectUSA Outreach Workshop in Lisbon, Portugal. This workshop, entitled “Investing and Establishing a Company in the United States”, will address issues relevant to Portuguese companies looking to setup a U.S. business, as well as explain the federal government’s role in assisting foreign investors under the SelectUSA initiative. For more information, please contact Pedro Ferreira at pedro.ferreira@trade.gov.
- On May 23, The U.S. Commercial Service in Austria will hold an event entitled, “Investing and Establishing a Company in the United States.”  At this event in Vienna, speakers will address issues relevant to foreign firms looking to setup a U.S. business.  For more information, please contact Manfred Weinschenk at manfred.weinschenk@trade.gov.
- On May 24, U.S. Ambassador to Belgium, Howard Gutman, will host a SelectUSA seminar, followed by lunch, at his residence in Brussels, featuring a speaker from SelectUSA.  For more information, contact laurie.farris@trade.gov.
- On May 25, the Thunderbird School of Global Management, U.S. Embassy Berlin, and the American Chamber of Commerce in Germany will be host their Global Business Dialogue in Berlin. The event will feature speakers and panelists from industry and government who will discuss the U.S. and E.U. economic climate, as well as the potential for the future. For more information, please contact John Fogarasi at john.fogarasi@trade.gov.
- On May 30, the U.S. Commercial Service in Bangkok, Thailand, in cooperation with Bangkok Bank and KMPG, is organizing a seminar, “SelectUSA: Invest in the US.” For more information, please contact Thanyathorn Voravongsatit at thanyathorn.voravongsatit@trade.gov and James Swanda at james.swanda@trade.gov
- On June 4 – 6, a series of one-day SelectUSA investment promotion events will take place in Mexico City, Guadalajara and Monterrey, respectively.
- On September 21, the U.S. Commercial Service will hold a SelectUSA seminar at the Western China International Fair.  At this event in Chengdu, China, States will be able to showcase their investment opportunities at one of China’s most widely attended trade exhibitions.  For more information, please contact Helen Hua at haiyan.hua@trade.gov.

Recent SelectUSA outreach has included:

- On April 20, Deputy Executive Director Aaron Brickman met with a delegation of Portuguese businesses led by the U.S. ambassador to Portugal Allan Katz.
- On April 22, Deputy Executive Director Aaron Brickman participated as a panelist for the UNCTAD World Investment Forum in Doha.
 - On April 23 - 24, Deputy Executive Director Aaron Brickman participated as a speaker during the USA Investment Center seminar and at various events in the Hannover Industrial Fair, sponsored by CS Germany.

Reports of Note:

- The Vale Columbia Center on Sustainable International Investment has released a report entitled “State-controlled entities control nearly US$2 trillion in foreign assets” by Karl P. Sauvant and Jonathan Strauss.  This Perspective offers insightful data and cautions against regulatory initiatives that may lead to the fragmentation of international investment regimes.
- The Bertelsmann Foundation and the China Center for International Economic Exchanges have published a report evaluating Chinese FDI.  The publication, entitled Cash in Hand: Chinese Foreign Direct Investment in the U.S. and Germany by Ting Xu, Thieß Petersen and Tianlong Wang, provides data and policy analysis and recommendations based on their findings.
- The United Nations Conference on Trade and Development’s Global Investment Trends Monitor, “Global FDI outflows continued to rise in 2011 despite economic uncertainties; however prospects remain guarded.”

In This Issue

  • Upcoming Outreach
  • Recent Activities
  • Reports of Note

About SelectUSA

 SelectUSA is a U.S. Government-wide initiative to attract, retain and grow business investment in the United States.  Established by Executive Order of the President and housed in the U.S. & Foreign Commercial Service within the International Trade Administration at the U.S. Department of Commerce, SelectUSA provides enhanced coordination to existing resources and functions within Commerce and across all federal departments and agencies with operations that touch on business investment issues. SelectUSA works in partnership with state, regional, and local economic development organizations to facilitate overall U.S. business attraction and retention.  SelectUSA works on behalf of the entire nation and exercises strict geographic neutrality.

SelectUSA Ombudsman Program

SelectUSA’s ombudsman program is already active and working towards successful resolutions of problems across the federal government, addressing investor concerns and issues involving federal agencies. If a U.S. or foreign investor has a federal-level issue that is jeopardizing an investment in the United States, please contact SelectUSA at 202-482-6800 or by email at info@selectusa.gov.
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