The U.S.-U.A.E. Business Council hosted Ethan Goldrich, Deputy Chief of Mission (DCM) at the U.S. Embassy in Abu Dhabi, a high-level U.A.E. delegation, as well as senior leaders from across government and the private sector for a morning roundtable on Wednesday in Washington D.C. The closed-door discussion was held on the sidelines of the 2016 SelectUSA Investment Summit.
Leading the discussion, DCM Goldrich highlighted the significance of such a large U.A.E. delegation attending the 2016 SelectUSA Investment Summit for both the U.S. economy and the overall bilateral relationship with the U.A.E.
Deputy Chief of Mission at the U.S. Embassy in Abu Dhabi, Ethan Goldrich discussing investment opportunities in the United States
“The U.A.E. is America’s largest source of foreign investment from the Middle East, and the eighth fastest-growing source of foreign direct investment (FDI) in the United States. Emirati investors are interested in further increasing their long-term commitments as we have seen this week with the large U.A.E. delegation of firms and senior executives who are attending the SelectUSA Summit,” said DCM Goldrich. “In fact, the U.A.E. delegation is twice the size of last year’s and is the largest delegation from the Middle East, with 20 participants representing more than twelve companies and four trade associations.”
President of the U.S.-U.A.E. Business Council, Danny Sebright, also said, “The SelectUSA Investment Summit provides an excellent opportunity for a win-win situation in which Emirati investors realize healthy returns while spurring job creation and job growth right here in the U.S.” “The U.S. remains a safe, transparent, destination for FDI.”
Following the discussion, private-sector U.S. stakeholders were given an opportunity to ask questions regarding the overall investment climate between the two countries. Sebright concluded the morning roundtable by thanking DCM Goldrich and the business community for joining the discussion.
For more information on SelectUSA, please see below.
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SelectUSA Investment Summit
The Summit is the highest-profile event that promotes foreign direct investment (FDI) in the United States. It provides an unparalleled opportunity to bring together companies from all over the world, economic development organizations from every corner of the nation, others working to facilitate investment in the United States, and high-level government officials. Participants can find the practical tools, information and connections they need to move investments forward.
