Deputy Secretary highlights US economic prospects at SelectUSA summit

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Rufat Safarov, head of Defense Line | The U.S. Department of State website

Deputy Secretary highlights US economic prospects at SelectUSA summit

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Deputy Secretary of State Christopher Landau addressed the 2025 SelectUSA Investment Summit, expressing gratitude on behalf of Secretary of State Marco Rubio and President Trump. He thanked Secretary of Commerce Howard Lutnick for organizing the event and highlighted Lutnick's leadership in supporting the American economy.

Landau emphasized the economic opportunities available in the United States, noting that since its inception in 2011, SelectUSA has generated over $135 billion in new investment projects. He referenced Alexander Hamilton to underscore America's long-standing openness to foreign investment: "Every farthing of foreign capital...is a precious acquisition."

Discussing his role as Deputy Secretary, Landau stated, "My job is to make sure that the State Department plays an important role in attracting people like you and opportunities like those that you're here to discuss today: foreign investment." He praised President Trump's efforts in rebalancing global trade policy, deregulation, and tax cuts as pivotal for encouraging investments.

Landau assured international partners that under President Trump, the U.S. administration is focused on securing tangible results for American businesses and workers. "We're an administration you can do business with," he declared.

He detailed the efforts of over 1,000 commercial officers stationed globally at U.S. embassies to foster economic ties. Landau shared his pride in having 15 chiefs of mission attending SelectUSA with their delegations and expressed hope to double this number next year.

Reflecting on his personal experience as a former ambassador to Mexico, Landau stressed the importance of foreign investment and urged collaboration with U.S. missions worldwide. He shared a personal anecdote about his father’s career as a commercial officer, which influenced his own path.

Landau outlined why the United States remains a prime destination for foreign direct investment, citing its stable environment and dynamic markets. He noted Kearney's 2025 Foreign Direct Investment Confidence Index ranking the U.S. as top for investment.

In closing remarks, Landau highlighted President Trump's success in securing over $9 trillion from foreign investors within 100 days of his administration. He encouraged international investors to seize opportunities created by reduced regulatory barriers: "I really do hope that you'll capitalize on this golden opportunity."

The Deputy Secretary concluded by affirming each investment's dual nature as both a business and diplomatic opportunity: "Thank you very much."

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