U s commercial diplomacy
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U.S. Commercial Diplomacy. by: Eric Florence. Contents. Overview U.S. National Interest, Policy, Politics Issue: Commercial Diplomacy Policy Proposal Conclusion and Questions. Overview. Commercial Diplomacy

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U.S. Commercial Diplomacy

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U s commercial diplomacy

U.S. Commercial Diplomacy

by: Eric Florence


Contents

Contents

  • Overview

  • U.S. National Interest, Policy, Politics

  • Issue: Commercial Diplomacy

  • Policy Proposal

  • Conclusion and Questions


Overview

Overview

  • Commercial Diplomacy

    • “Commercial Diplomacy is diplomacy with a commercial twist – diplomacy designed to influence foreign government policy and regulatory decisions that affect global trade and investment.”


History

History

  • Commercial Diplomacy has always been an element of U.S. foreign policy

    • Treaty of Tripoli, Monroe Doctrine, Open Door Policy, Bretton-Woods


U s national interest

U.S. National Interest

  • President Obama set a goal of doubling America’s exports within five years

  • New Trade Agreements (Korea, Panama, Columbia)

  • Patent System Reform

  • Improving Infrastructure and Education Programs


Commercial diplomacy

Commercial Diplomacy

  • Agencies at Work

    • Department of Commerce

      • Foreign Commercial Service

    • State Department

      • Office on Commercial and Business Affairs


Commercial diplomacy1

Commercial Diplomacy

  • Agencies at Work

    • International Trade Administration

      • Market Access and Compliance (MAC)

    • Office of the U.S. Trade Representative

    • U.S. Trade and Development Agency

    • U.S. Export-Import Bank


Commercial diplomacy2

Commercial Diplomacy

Hillary Clinton’s Impact

  • Promoting U.S. firms and securing trade deals during overseas visits

  • Restoring trade relations

    • Myanmar

  • Opening and expanding new markets

    • China


Commercial diplomacy3

Commercial Diplomacy

  • Hillary Clinton’s Impact

    • Ambassador-as-CEO Directive

      • Prioritizing American businesses abroad

    • Encouraging US businesses to remain active, competitive

      • Promises to help U.S. firms “compete and win”


Commercial diplomacy4

Commercial Diplomacy

  • What is to come?

  • Leadership change at State Department

    • John Kerry

      • “Foreign policy is economic policy”


Policy proposal

Policy Proposal

  • Continue on course

    • Sometimes best policy proposal is to stay the course

  • Secretary Kerry should follow in Clinton’s footsteps

    • Continue to promote U.S. agenda and U.S. firms abroad


Conclusion

Conclusion

  • Commercial Diplomacy a long-standing objective of United States

  • As of late, the State Department has integrated economic objectives with foreign policy objectives

  • Higher emphasis on commercial diplomacy


Questions

Questions?


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