Foreign Direct Investment Council to Meet May 11
The U.S. Investment Advisory Council will hold a public meeting May 11 in Washington, D.C., to deliberate and vote on a set of recommendations to the Department of Commerce on the facilitation of foreign direct investment into the U.S. These recommendations will include deregulation and the streamlining of processes that affect business investment opportunities across U.S. regions, the facilitation of infrastructure investment, and mechanisms to increase investment competitiveness. Those interested in attending this meeting must register no later than May 4.
The IAC was established to solicit input on the development and implementation of strategies and programs to attract and retain FDI in the U.S. It consists of no more than 20 members representing companies and organizations investing, seeking to invest, seeking foreign investors, or facilitating investment across many sectors, including (1) U.S.-incorporated companies that are majority-owned by foreign companies or by a foreign individual or individuals or that generate significant FDI (e.g., through their supply chains), (2) U.S. companies or entities whose business includes FDI-related activities or the facilitation of FDI, and (3) economic development organizations and other U.S. governmental and nongovernmental organizations and associations whose missions or activities include the promotion or facilitation of FDI.