U.S. Trade Representative Ron Kirk, Larry Summers join interagency meeting focused on initiatives to boost U.S. exports and create jobs Related Image Commerce Secretary Gary Locke today chaired the Obama Administration’s first meeting of the Trade Promotion Coordinating Committee (TPCC) and focused on initiatives to help boost U.S. exports, spur economic growth and create jobs. Locke was joined by U.S. Trade Representative Ron Kirk, Larry Summers, Director of the National Economic Council, and other top Administration officials from 20 federal agencies on the White House campus. The TPCC, established by an order of Congress in 1992, is an interagency group chaired by the Secretary of Commerce to establish trade promotion priorities to expand trade and create jobs for Americans.
“We have 30 million companies in the United States, but less than one percent of them export—a percentage that is significantly lower than all other developed countries. America already makes great stuff—now we just have to work at selling more of it around the world,” Locke said. “With ninety-five percent of the world’s consumers living outside our borders, we have a golden opportunity to grow our economy faster and create new jobs.” TPCC members agreed to launch six working groups and cooperate across agencies to create plans to tackle the challenges of engaging more U.S. companies to boost their exports. Each group will be co-chaired by one of the TPCC agencies and a representative from Commerce.
The working groups are: Remarks
Source: U.S. Department of Commerce