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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

U.S. Commercial Diplomacy

by: Eric Florence

  • Overview
  • U.S. National Interest, Policy, Politics
  • Issue: Commercial Diplomacy
  • Policy Proposal
  • Conclusion and Questions
  • 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.”
  • 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
  • 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