Trade Promotion Coordinating Committee. Commerce-chaired interagency task force: Establish priorities. Coordinate new programs and initiatives Improve service delivery Leverage resources / avoid duplication Report to Congress Established mechanisms: U.S. Export Assistance Centers
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Commerce-chaired interagency task force:
Exports provide from one quarter to one half of the growth in GDP in many quarters.
In 2010, exports contributed as much to economic growth as business investment.
GDP = C + I + G + (X - M)
Exporters are more competitive, with diversified markets and knowledge of foreign competition.
Foreign markets are attractive.
“So tonight, we set a new goal: We will double our exports over the next five years, an increase that will support two million jobs in America.”
State of the Union
January 27, 2010
“Prior to the NEI, export promotion may have beena some-of-the-time focus…The NEI makes it an all-the-time focus.”
National Press Club