U.S. community and business delegates participating in the joint U.S. Economic Development Administration (EDA)/International Trade Administration (ITA) Clean Technology Trade & Investment Mission moved on to Brussels, Belgium on Thursday after spending three very productive days exploring opportunities to increase exports and attract foreign direct investment in the United States while in Lyon, France at Pollutec, a tradeshow that featured the world's leading international exhibit for the environment and sustainable development markets.
arriving in Brussels, the delegation participated in a reception hosted by U.S.
Ambassador to Belgium, Howard Gutman at the Ambassador’s residence. The
event, hosted by the American Chamber of Commerce Brussels (AmCham) and Xerox
gave the delegates an opportunity to make important international connections
with companies involved in the clean technology sector.
Ambassador Gutman; AmCham President Scot Beardsley; EDA Deputy Assistant Secretary of Commerce for Economic Development Brian McGowan; and Xerox Director of Global Services Phillipe Janssens addressed the delegation during the function.
The delegation will continue to interact with public and private sector officials and Belgian entrepreneurs on investment and green technology opportunities before returning to the United States on Saturday.
During the Trade Mission, Assistant Secretary of Commerce for Economic Development, John Fernandez, talked to Portfolio Today about the Obama administration’s efforts to increase American exports saying, “Exports are potentially a big driver of growth for American small businesses. Smaller U.S. companies have perceived barriers to entry abroad or simply haven’t expanded their horizons beyond their local or regional markets. That means that for any one of them that does make the leap, the opportunity is much larger.”
The Clean Technology Trade & Investment Mission brings together a mix of U.S. community delegates and businesses to explore overseas opportunities to increase U.S. exports and attract foreign direct investment to the United States, with a focus on advancing the green economy and creating jobs at home. The week-long trip will conclude in Brussels, Belgium, where the delegation will attend a U.S. Embassy reception, NATO cleantech roundtable, and other networking opportunities.
The mission supports President Obama’s National Export Initiative, which aims to help U.S. firms sell their goods and services abroad with a goal of doubling U.S. exports over the next five years in support of several million American jobs.