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Council Focused on Attracting Foreign Investment to U.S. Seeks Members

Wednesday, April 13, 2016
Sandler, Travis & Rosenberg Trade Report

The International Trade Administration is inviting through May 10 applications for membership on the United States Investment Advisory Council, which was established to solicit input on the development and implementation of strategies and programs to attract and retain foreign direct investment in the U.S.

The IAC will consist 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 foreign direct investment (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.

Members will be selected based on their ability to carry out the IAC’s objectives in a manner that ensures that the IAC is balanced in terms of points of view, demographics, industry subsector, geography of the source and destination of the FDI, and company size. Members must represent a broad range of products and services and be drawn from large, medium and small enterprises, private-sector organizations involved in investment, and other investment-related entities, including non-governmental organizations, associations and economic development organizations. Priority may be given to executives (chief executive officer, executive chairman, president or comparable level of responsibility).

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