Yesterday, U.S. Secretary of Commerce Gina Raimondo met virtually with the Advisory Committee on Supply Chain Competitiveness (ACSCC). During the meeting, Secretary Raimondo underscored the crucial role that the Department of Commerce is playing in assessing and addressing challenges related to supply chain resilience and economic security. Specifically, the Secretary highlighted the value in...

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, the Biden-Harris Administration announced that the Department of Commerce and Rocket Lab, the parent company of space power provider SolAero Technologies Corp., have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $23.9M in direct funding under the CHIPS and Science Act. The proposed CHIPS investment would help create a more robust and resilient supply of space...

Alongside the Indo-Pacific Economic Framework for Prosperity (IPEF) ministerial meetings in Singapore, U.S. Secretary of Commerce Gina Raimondo and Australian Minister for Trade and Tourism, Senator the Honourable Don Farrell, met on June 6, 2024, for the third annual ministerial meeting of the Australia-United States Strategic Commercial Dialogue. The Secretary and Minster reiterated the value of...

Raimondo met with the IPEF partners to advance progress on Pillars II, III, and IV – the Supply Chain, Clean Economy, and Fair Economy pillars – and to kick-off the inaugural Clean Economy Investor Forum with 22 U.S. companies, driving sustainable infrastructure & clean technology investments in the region. This week, U.S. Secretary of Commerce Gina Raimondo traveled to Singapore to participate in...

Today, approximately two years since the launch of the Indo-Pacific Economic Framework for Prosperity (IPEF) in Tokyo, Japan, the 14 IPEF partners – Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Viet Nam – announced significant new achievements related to the IPEF Agreement Relating to...

Today, U.S. Secretary of Commerce Gina Raimondo welcomed the announcement that the IPEF Upskilling Initiative has already delivered over 10.9 million in-person, hybrid, and online upskilling opportunities, surpassing its goal of providing 7 million opportunities by 2032. Specifically, the Initiative has supported over 5.2 million women and girls across the eight participating IPEF partner...