June 2010
Welcome to the latest update from Invest in America, the U.S. Department of Commerce’s program to promote foreign direct investment to the United States This monthly update is meant to provide a few quick points highlighting some activities of Invest in America.
Invest in America Outreach
Invest in America will participate in:
- Invest in America presentation, 3rd Trade & Investment Forum: Sharing Best Practices, New York City, June 28, 2010. .
- Invest in America presentation, China Council for the Promotion of International Trade (CCPIT) Delegation, Washington, DC, June 28, 2010.
- Invest in America Webinar for CS Spain: Business Opportunities in Spain, June 29, 2010.
- Invest in America outreach in: Denver, July 15, Cleveland, July 22, and Atlanta, August 11.
- Council of American States in Europe (CASE) Seminars in the United Kingdom, events in Leeds on September 28, and Birmingham on September 29, 2010.
- Danish American Business Forum (DABF), Strengthen your Position on the US Market, Copenhagen, September 30. 2010
- Additional Invest in America outreach events in Edinburgh, Moscow and other locations in 2010, forthcoming.
Recent Invest in America participation:
- Invest in America outreach in Philadelphia and Wilmington, June 23, 2010
- Green Renewable Oceanic Tech Transfer Outpost Stakeholder’s Forum hosted by the Puerto Rico Industrial Development Company on June 23, 2010
- U.S. Investment Seminar, Osaka, Japan, May 17, 2010
Reports of Note
The United Nation’s Conference on Trade and Development’s Global Investment Trends Monitor highlights global investment flows for the fourth quarter of 2009 and the first quarter of 2010. According to this report, FDI flows remained at a stable low level for 2009 and the authors present a modest increase in FDI flows for 2010 as the world economy slowly emerges from the crisis.
The Committee on Foreign Investment in the United States (CFIUS): This report by the Congressional Research Service (CRS) outlines the operations of CFIUS. The report also examines the importance of CFIUS for the 109th and 110th Congress and the increased focus on the role of FDI in the economy. CRS published an overview of these interactions in the report Foreign Investment, CFIUS, and Homeland Security: An Overview.
How U.S. Multinational Companies Strengthen the U.S. Economy by MBA Professor Matt Slaughter at the Tuck School of Business at Dartmouth College contains an analysis of the contribution of multinational firms to the U.S. economy. This report is based on data from the Bureau of Economy Analysis at the U.S. Department of Commerce.
Invest in America’s Guide to Federal Incentives and Programs contains an updated compilation of some incentives and programs that are available to investors in the United States.
Data
- Inquiries to date in 2010: 101
- Ombudsman cases in 2010: 8
Invest in America’s ombudsman program has achieved a number of successes in working across the federal government to address investor concerns and issues involving federal agencies. If a foreign investor has a federal-level issue that is jeopardizing an investment in the United States, please contact Aaron Brickman at 202-482-5199 or email Invest in America ataaron.brickman@trade.gov.
We invite you to connect with us through the “Invest in America” group on Linkedin.com.
Please address all comments and suggestions to info@investamerica.gov. For more information about Invest in America, please visit our website at www.investamerica.gov.
