May 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:
- “Going to America” Briefing and Networking Events in Vienna and Linz, June 2010.
- Council of American States in Europe (CASE) Seminars in the United Kingdom, events in Leeds on September 28, and Birmingham on September 29.
- 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 Director Aaron S. Brickman participated in U.S. Investment Seminar in Osaka, Japan. The May 17, 2010, event was co-organized by the U.S. Commercial Service Osaka-Kobe and Osaka Chamber of Commerce & Industry.
Reports of Note
Jonathan Huneke, V.P., Communications & Public Affairs, USCIB, responded to the question: After the Meltdown: Is Globalization Still Good for America? at the Alaska World Affairs Council on April 16, 2010. The remarks also provided an overview of the state of the U.S. economy, and the global economy, emerging from global economic upheaval.
According to the Ernst & Young Renewable Energy Country Attractiveness Indices, the U.S. ranks # 1 overall in the ‘All Renewables Index’ and in the ‘Near–Term Wind Index’ published in February 2010. The country attractiveness indices provide scores for national renewable energy markets, renewable energy infrastructures and their suitability for individual technologies, and are updated on a regular basis. The guide provides a ‘Country Focus U.S.’ on page 12.
Recent country profiles of outward foreign direct investment issued by the Vale Columbia Center on Sustainable International Investment profiled German and Swiss outward FDI. The German Outward FDI Profile notes that in recent years, the German Government has continued to provide a sound legal framework for German companies going abroad by creating a wide network of bilateral treaties and offering support as well as information services. The Swiss Outward FDI Profile notes although the global financial and economic crisis pushed the country into a recession and triggered a sharp decrease of OFDI flows, the Swiss OFDI stock continued to grow in 2008 and 2009.
Data
- Inquiries to date in 2010: 93
- Ombudsman cases in 2010: 6
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.
