Commerce Secretary Gary Locke unveiled details of President Obama’s National Export Initiative (NEI) today. During last week’s State of the Union speech, the president announced a goal of doubling exports over the next five years to support two million jobs in America. Locke detailed how the Export Initiative will help the country reach that goal—providing more funding, more focus and more cabinet-level coordination to grow U.S. exports. The NEI represents the first time the United States will have a government-wide export-promotion strategy with focused attention from the president and his Cabinet. (More) (Remarks) (C-SPAN video, 1:00 p.m. EST)

In his June “A New Beginning” speech in Cairo, President Obama announced that the U.S. will host a Summit on Entrepreneurship to identify how we can deepen ties between those focused on advancing entrepreneurship in Muslim communities around the world. Today, the Commerce Department’s new Office of Innovation and Entrepreneurship begins accepting nominations for delegates to the Presidential Summit on Entrepreneurship on its website, http://www.entrepreneurship.gov/summit. (More)

In his first public speech as Deputy Secretary of Commerce to the Trade North America Conference in Detroit, Dennis F. Hightower identified four key trade priorities of the Commerce Department: visa reform, export controls review, intellectual property protection, and intergovernmental cooperation and trade promotion. Hightower also emphasized the need for enforcement of existing trade agreements among the three countries to ensure free and fair trade across the Canadian and Mexican borders, and to resist any impulses toward protectionism. (Remarks)