Commerce Releases Export Strategy

Posted

The Commerce Department released its 2023 National Export Strategy, setting out US trade promotion priorities and a coordinated, whole-of-government framework to better equip US companies and workers to compete in global markets and grow through international trade.

This year’s report highlights government programs and resources to assist US small and medium enterprises, historically underrepresented businesses and those new to exporting.

“The Biden-Harris Administration’s generational investments in U.S. industry, innovation, workforce training, and place-based economic development are setting the stage for inclusive economic growth and boosting US competitiveness on the global stage,” Commerce Secretary Gina Raimondo commented. “We are releasing the 2023 National Export Strategy amidst these historic investments, which outlines how we align the full force of the federal government to help U.S. businesses and workers compete and win in international markets – including small businesses exporting for the first time.”

The 2023 NES contains export promotion actions and activities to increase and enhance market opportunities in several sectors, including: climate and clean technologies; manufacturing; travel and tourism; international education; global infrastructure development; agriculture, fish and forestry and seafood industries.

The 2023 NES was developed by the Trade Promotion Coordination Committee, an interagency body established to provide a unifying framework to coordinate the export promotion and export financing activities of the US government. The TPCC Secretariat is housed within the U.S. Department of Commerce’s International Trade Administration.

[Full Report]

Comments

No comments on this item Please log in to comment by clicking here