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Foreign direct investment (FDI) is investments made by foreign companies or individuals in the United States. According to United Nations’ statistics on FDI, the United States was the world’s largest recipient of foreign investment from 1985–2016. However, the U.S. share of global FDI declined from nearly 40 percent in 1999 to 24 percent in 2016.
Working with economic development organizations across the country, we advocate for the United States as the world’s premier investment destination. The International Trade Administration’s SelectUSA program is the only federal program dedicated to facilitating high-impact business investment into the United States.
SelectUSA helps companies of all sizes find the information they need to make decisions, connect to the right people at the local level and navigate the federal regulatory system. SelectUSA also assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy.
Yesterday, SelectUSA’s 10th Investment Summit came to a close, marking the largest Investment Summit in SelectUSA history, with over 5,000 attendees spanning 96 international markets and, for the first time, all 56 U.S. states and territories represented. “This year’s SelectUSA Investment Summit demonstrated why the United States remains the top destination for foreign direct investment for twelve...
Joint initiative strengthens federal workforce technical assistance to foreign multinational businesses in Japan, South Korea, and Taiwan starting or expanding U.S. operations Today, the U.S. Department of Commerce announced a market expansion of SelectTalentUSA, a joint initiative across the U.S. Departments of Commerce, Labor, and Education providing technical assistance to foreign businesses to...
Yesterday, Secretary of Commerce Gina Raimondo met with Secretary-General of the Association of Southeast Asian Nations (ASEAN) Dr. Kao Kim Hourn to discuss the Department of Commerce’s commitment to ASEAN and ASEAN member countries. The two discussed opportunities to increase trade and investment ties between the United States and the ASEAN region. The Secretary welcomed robust participation from...
Today, the U.S. Department of Commerce announced the U.S. Cabinet members and White House senior officials speaking at the 2024 SelectUSA Investment Summit from June 23 to 26 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. U.S. Cabinet and White House senior officials joining the existing lineup of confirmed U.S. Governors and company executives include: U.S...
Today, U.S. Secretary of Commerce Gina Raimondo announced the lineup of global executives, business leaders and senior U.S. government representatives participating in the 2024 SelectUSA Investment Summit, scheduled for June 23-26 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. Notable speakers and attendees at this year’s SelectUSA Investment Summit include U.S...
The United States has been ranked as the top destination for foreign direct investment for the 12th consecutive year according to Kearney’s Global Business Policy Council’s 2024 Foreign Direct Investment (FDI) Confidence Index . The annual survey of global senior executives and investors found that the United States maintains its lead ranking for over a decade due to the growing strength of the U...
Yesterday, Deputy Secretary of Commerce Don Graves, Assistant Secretary of Global Markets and Director General of the Foreign Commercial Service Arun Venkataraman, and SelectUSA Executive Director Jasjit Singh met with the U.S. Investment Advisory Council (IAC) for their final meeting of the term. They provided an update on the progress made on the recommendations submitted by the Council...
Commerce’s SelectUSA program promotes foreign direct investment that supports hundreds of thousands of good-paying jobs in critical sectors across the United States Today, the U.S. Department of Commerce announced that it has achieved a new milestone of facilitating more than $200 billion in client-verified foreign direct investment (FDI), supporting more than 200,000 jobs throughout the United...
U.S. Secretary of Commerce Gina Raimondo announced today that registration is now open for SelectUSA’s 10 th Investment Summit to be held June 23 - 26, 2024, at the Gaylord National Resort & Convention Center in National Harbor, Maryland. The SelectUSA Investment Summit is the highest-profile event dedicated to promoting foreign direct investment (FDI) in the United States, with a focus on the U.S...
On May 26th, 2023, Secretary of Commerce Gina M. Raimondo and Minister of Economy, Trade and Industry Nishimura Yasutoshi held the second Ministerial Meeting of the Japan-U.S. Commercial and Industrial Partnership (JUCIP) in Detroit, Michigan. As both countries and the global economy face a range of economic challenges and uncertainties, the Secretary and the Minister reaffirmed that deepening...