President Obama Speaks At The SelectUSA Investment Summit


 

By Jueseppi B.

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The U.S. Department of Commerce’s International Trade Administration is hosting the inaugural SelectUSA 2013 Investment Summit. The two day event will take place at the Marriott Wardman Park Hotel in Washington, D.C. on October 31 – November 1, 2013.

 

This unprecedented event will connect businesses and investors from the United States and around the world with U.S. state and regional economic development organizations in an effort to promote investment in the United States. Along with U.S. and international businesses, the SelectUSA Investment Summit will bring together senior White House and Administration officials, subject matter experts, and industry and technical specialists.

 

The two-day event will include a combination of plenary speeches, panels, and smaller breakout sessions focused on specific business or industry topics, such as the U.S. energy revolution, capital availability, research and development, infrastructure, and the manufacturing resurgence.

 

The event will also feature an exhibit floor populated by U.S. economic development organizations with matchmaking opportunities for investors, and a ‘helpdesk’ where investors can ask questions directly to relevant federal agencies. – See more at: http://districtexportcouncil.org/content/first-ever-selectusa-investment-summit#sthash.ncNn2Q88.dpuf

 

 

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Ambassador Vinai Thummalapally
October 31, 2013
06:55 PM EDT

 

President Barack Obama delivers remarks at the SelectUSA Investment Summit in Washington, D.C., Oct. 31, 2013. President Barack Obama delivers remarks at the SelectUSA Investment Summit in Washington, D.C., Oct. 31, 2013. (Official White House Photo by Chuck Kennedy)

 

Ed. note: This is cross-posted from Tradeology, the official blog of the International Trade Administration. See the original post here.

 

“There’s no substitute for those three proud words: ‘Made in America.’”

 

President Obama has been emphatic that the United States remains the best place in the world to do business. Today at the SelectUSA Investment Summit, he reiterated that message to 1,000 business leaders from nearly 60 countries.

 

“When you bet on America, that bet pays off,” the president said as he closed his keynote address.

 

Your country is your product when you’re attracting foreign direct investment. At the Summit today, we showed the world that the United States is the absolute best product on the market.

 

“America is open for business,” said Commerce Secretary Penny Pritzker. “Our market has provided long-term stability and unmatched returns for investors.”

 

Attendees began making connections as soon as the doors opened.  Representatives from 47 states, three territories, and Washington, D.C., showed off investment opportunities around the country.

 

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President Obama Speaks at the SelectUSA Investment Summit

 

Published on Oct 31, 2013

President Obama tells foreign business leaders that there is no better place in the world to invest and do business than the United States. October 31, 2013.

 

 

Treasury Secretary Jack Lew highlighted many advantages a company has when it invests in America – including robust infrastructure and low barriers for entrepreneurs. CEOs from major national and international companies echoed those messages throughout the day.

 

“We have the most resilient capital markets in the world,” said Larry Fink, CEO of BlackRock.

 

Andrew Liveris said that when it comes to investment in research and development, “the U.S. is number one.”

 

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We are showing the world that when you invest in the United States, you’re making a tactical decision to help your company grow. There are numerous advantages to bringing your business here:

 

·         You’re gaining access to a reliable system of infrastructure for transporting goods;

·         American workers remain among the most skilled and productive in the world;

·         This is an enormous market of consumers;

·         U.S. regulatory systems protect innovation and support business growth; and

·         Local and state governments want to work with you.

 

Walmart can’t provide low prices to consumers without getting quality products at a low cost. So the SelectUSA Summit was the perfect platform for Bill Simon, President and CEO of Walmart U.S., to announce the company’s initiative to buy more products from American manufacturers.

 

“Today’s announcement… highlights opportunities that exist for manufacturers to invest in the USA by re-shoring or expanding their manufacturing in America,” Simon said at the Summit.

 

Businesses, investors, and economic development organizations also took to social media to discuss the Summit, and we’re glad that we’ve been able to share information from this event with people around the world who have an interest in FDI.

 

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I encourage you to keep up with and contribute to the conversation on Twitter throughout the Summit using #SelectUSA.

The entire event is also being webcast here: http://new.livestream.com/accounts/4828334/selectUSA2013. I encourage you to watch, no matter where you are in the world, so you can take advantage of the experts explaining why the United States is the best possible investment destination for your business.

 

Press Briefing

October 31, 2013 | 01:03:42 |Public Domain

 

White House Press Briefings are conducted most weekdays from the James S. Brady Press Briefing Room in the West Wing.

 

 

 

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20 Responses

  1. @..”Walmart can’t provide low prices to consumers without getting quality products at a low cost. So the SelectUSA Summit was the perfect platform for Bill Simon, President and CEO of Walmart U.S., to announce the company’s initiative to buy more products from American manufacturers…>> It is about time! I don’t always have nice things to say about Walmart; so I won’t start…But I could. Anyways I love the arm cast that says , I love Obamacare..Perfect advertisement indeed! I need to learn how to do my own backgrounds..Always enjoy yours so much . Adds a personal touch. Well done :)

    • Hello Stranger….do I know you?

      I hate walmart and do not shop there st all. I don’t do target or any “big box” store. I am a big boycott person.

      ▐▬▌APPY ▐▬▌alloween

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