Wednesday, October 21, 2009

Commerce Department Backs Exports

The Commerce Department is increasing its export promotion program,according to Secretary Gary Locke.That's a sure way of economic growth in tough times,Mr.Locke said.It's our fault we're not publicizing these programs,Mr.Locke admitted.We'll do background checks of foreign countries with our Foreign Commercial Service Officers.Small business really accounts for most of the exports.Up to 70% of U.S. companies' foreign business comes from this program.
Mr.Locke said the Commerce Department investigates complaints of illegal subsidies filed by industry groups.We are required by law to investigate.While we have some issues with China,we are still moving forward trying to free up trade.I am going to China at the end of the month,trying to increase trade.It's very important that both sides live up to their commitments,Secretary Locke believes.
We have companies that sell to only one country.There's no reason they can't sell to two or three countries.We have a Commerce Counsel program where they can meet with just one cross-trained person to help them with this,Mr.Locke pointed out.

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