Commerce Undersecretary Highlights Bilateral Trade and Investment Opportunities

Share

Share on facebook
Share on twitter
Share on linkedin
March 14, 2022
  U.S. Undersecretary of Commerce Marisa Lago spoke to members of AmCham Abu Dhabi and the U.S.-U.A.E. Business Council about the business, trade, and investment opportunities in the U.S. as the world emerges from Covid and gets back to business.
Please click here for a recording of her remarks.

From left to right: Danny Sebright, President at U.S.-U.A.E. Business Council, Marisa Lago, U.S. Under Secretary of Commerce for International Trade at the U.S. Department of Commerce, and Liz Beneski, Chief Executive Director at AmCham Abu Dhabi.
AmCham Abu Dhabi and the U.S.-U.A.E. Business Council hosted a luncheon in honor of Marisa Lago, the Under Secretary of Commerce for International Trade at the U.S. Department of Commerce, on Wednesday March 9th in Abu Dhabi.
 
Under Secretary Lago was visiting the U.A.E. to support the Commerce Department’s Trade Winds Conference, the largest U.S. government-led trade mission and business development forum and the first time that this conference has taken place in the region. She also met with a variety of senior U.A.E. government, and U.S. and U.A.E. business leaders.
 
During the luncheon she spoke about the objectives of her trip to the U.A.E. In this context, she also detailed the International Trade Administration’s goals for the U.A.E. market in the future, and how Emirati and U.S. business partners can help the Department of Commerce achieve these goals.
 
Under Secretary Lago encouraged Emirati companies to attend the annual SelectUSA conference, which will be held in Washington, D.C. in late June, telling Emiratis in the audience that it is an excellent event for exploring new opportunities for business and investment in the U.S. market. Moreover, SelectUSA will for the first time feature significant focus on clean technologies.
 
Under Secretary Lago also importantly told the audience that the U.S. Department of Commerce intended to lead a Clean Tech Trade Delegation to the U.A.E. in the near future to help highlight the importance that the Biden Administration places on the development of cutting edge technologies in this sector. Bilateral work between the U.S. and the U.A.E. in this vertical is even more important given that the U.A.E. will play host to COP 28 in a few short years.
 
Under Secretary Lago made an impassioned plea for close regulatory cooperation and coordination with the U.A.E. in setting new standards and policies with regard to technology and data. And, she asked for closer cooperation between our two countries with regard to addressing broader infrastructure development needs in countries around the broader region.
 
Marisa Lago is responsible for leading the federal government’s efforts to assist American businesses entering or expanding into international markets, enforcing fair trade policies, and promoting travel and tourism to the United States and U.S. products and services overseas. She is also responsible for providing in-depth trade analyses, developing strategies that will shape the future of international trade, and engaging in commercial diplomacy across the globe.
 
For any questions, please contact:
Graham Reitman at greitman@usuaebusiness.org or
Fatima El Hussein at communications@amchamabudhabi.org.