Acting Secretary Blank Meets with Brazilian CEOs, Promotes SelectUSA Investment Summit
Yesterday,
Acting Secretary Blank met with a group of Brazilian CEOs to hear their
priorities for doing business with
the U.S. and to propose possible areas for close collaboration
with American businesses. One area in which U.S. and Brazilian firms can
work together is on infrastructure development, which is one reason why Acting Secretary
Blank is currently leading a trade mission of 20 U.S. firms in a wide range of
infrastructure industry sectors to Brazil, Colombia and Panama. These companies
offer everything from cutting-edge technologies to top-notch services in
engineering, management consulting, and more -- and they are well equipped
to help Brazil meet its robust goals for infrastructure improvements.
Acting Secretary Blank emphasized the importance of a strong bilateral
investment relationship -- many global manufacturers, including some in
Brazil, are now looking to return
manufacturing operations to the U.S., to expand operations here, or to
invest in the U.S. for the first time. That´s because there are a host of factors
that make America a very attractive place to do business: low domestic energy
costs and a stable supply of energy, high labor productivity, strong research
institutions that can serve as partners in developing new products,
intellectual property protections, and a stable business investment
environment.