Teaming Up to Support the U.S. Economy. Ken Hyatt Speech

The Department of Commerce, including the ITA team, came together to host the SelectUSA 2013 Investment Summit, a first-of-its-kind event to attract foreign direct investment (FDI) to the United States. We gathered an incredible team of government and business leaders to explain why the United States is the best place in the world to invest. The conference was sold out, with approximately 1,200 attendees representing nearly 60 countries, 47 states, economic development professionals, government officials and top CEOs from around the world. I know that we’ll be able to share some success stories soon.

During the next few weeks, we’ll share some important information and follow-ups from the SelectUSA Summit, particularly for those who were not able to attend the event. I also encourage you to read the updated FDI report from the White House and the Department of Commerce to understand how FDI benefits our economy and why the United States remains the world’s premier destination for investment.

We also said goodbye to Francisco Sánchez, who left public service this week after more than four incredible years of leadership here at the International Trade Administration. I know Francisco will be sorely missed, and we wish him the best in all future endeavors.

One of Francisco’s many accomplishments was leading ITA through its reorganization, which took effect on Oct. 1. We’ve restructured our team to make us even more effective at supporting U.S. exporters while streamlining our operations.

I’d like to congratulate the ITA team and the Department of Commerce for all of its accomplishments since returning to full operation in mid-October. For everyone who supported the SelectUSA Summit, thanks for your diligence and hard work. I know the event will prove itself a resounding success.

Thanks to all of you for supporting trade, investment, and American workers.


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