SelectUSA Monthly Update

International Trade Administration sent this bulletin at 08/01/2012 01:36 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 August 22-23, SelectUSA will participate in the China Overseas Investment Summit (COIS) Iin Hong Kong.  SelectUSA will be delivering the keynote address at the seminar on August 23 promoting the United States as the most friendly outbound investment destination in the world.
- On September 12, SelectUSA will be speaking as a part of a panel at the International Manufacturing Technology Show 2012 in Chicago, Illinois.  The show is expected to be attended by 1,800 companies and 82,000 buyers and sellers form roughly 116 countries.
- 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.
- On September 30 – October 3, representatives from SelectUSA will be speaking as a part of a panel at the International Economic Development Council’s 2012 Annual Conference in Houston, Texas. The conference will be focused on the challenges and opportunities of growing jobs and investment in a global economy.
- On October 4, AIM –International Business Council and the Western Massachusetts Economic Development Council will hold the 2012 International Business Symposium. At this event in Springfield, Massachusetts, SelectUSA will participate in a series of panels comprised of global business leaders who will discuss opportunities for international trade and investment between the United States and emerging and developed economies.
- On October 22, a SelectUSA representative will speak at an Invest in America Seminar in Oman.  The topics to be covered at the event will range from investment funds to doing business under the U.S-Oman Free Trade Agreement..

Recent SelectUSA outreach has included:

- On July 2, as a part of the Annual Meeting of the Academy of International Business, Deputy Executive Director Aaron Brickman participated on the UNCTAD, World Investment Report Panel II: Transnational Companies, Global Value Chains and Development:  the Investment and Trade Nexus.
- On July 12-15, Steve Olson, Executive Director, and Tazeem Pasha, Manager of Global Business Attraction attended the 104th Annual National Governors Association (NGA) Annual Meeting in Williamsburg, Virginia, and met with governors from across the country to promote SelectUSA and discuss important economic issues facing states.
- On July 16, Deputy Executive Director Aaron Brickman spoke as a part of a roundtable at the National Association of Counties’ 77th Annual Conference and Exhibition in Pittsburgh, Pennsylvania.  Discussion focused on foreign direct investment and local economic development.
- On July 17, Executive Director Steve Olson and Manager of Global Business Attraction Chris Clement delivered a presentation to the Metro Orlando Foreign Office, comprised of representatives from the Orange County Government, Metro Orlando Economic Development Commission, Enterprise Florida, U.S. Export Assistance Center - Orlando, port authorities, and the private sector.  The presentation highlighted the unique federal role SelectUSA plays through the services it provides both firms and economic development organizations across the country and around the world.

Reports of Note:

- The United Nations Conference on Trade and Development has released the 2012 World Investment Report:  Towards a New Generation of Investment Policies.  The report highlights that in 2011 the United States continued to see a robust recovery in inward foreign direct investment flows.
- The Vale Columbia Center on Sustainable International Investment has released a report entitled “Outward FDI from Portugal and its policy context, 2012” by Vitor Corado Simões and Rui Manuel Cartaxo.  This Perspective offers insightful analysis on Portuguese outward FDI, especially in the context the recent financial crisis.
- Forum Euroméditerranéen des Instituts de Sciences Économiques (FEMISE) has released a report entitled “Foreign Direct Investment (FDI) and the Liberalization of Trade in Services: An Evaluation of the Euro-Mediterranean Partnership (EMP) Influence”. The research analyzes the effects of the liberalization of trade in services on global FDI flows.

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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