Obama “Hustling” E-Commerce Exports

Posted on | February 19, 2011 | 1 Comment

President Obama recently spoke to the US Chamber of Commerce about the importance his administration was putting on exports and trade agreements, an event that coincided with the release of an important document on global e-commerce.

We know what it will take for America to win the future. We need to out-innovate, we need to out-educate, we need to out-build our competitors. We need an economy that’s based not on what we consume and borrow from other nations, but what we make and what we sell around the world. We need to make America the best place on Earth to do business.

And this is a job for all of us. As a government, we will help lay the foundation for you to grow and innovate and succeed. We will upgrade our transportation and communication networks so you can move goods and information more quickly and more cheaply. We’ll invest in education so that you can hire the most skilled, talented workers in the world. And we’ll work to knock down barriers that make it harder for you to compete, from the tax code to the regulatory system.

The event coincided with the release of an extensive booklet, Preparing Your Business for Global E-Commerce: A Guide for Online Retailers to Manage Operations, Inventory, and Payment Issues, published by export.gov, the administration’s portal for assisting international trade. Export.gov is managed by the International Trade Administration in collaboration and helps coordinate the different agencies with some involvement in global commerce such as the Departments of Agriculture, Commerce, Energy, State, Treasury as well as the Ex-Im Bank and Small Business Administration (SBA). The booklet gives detailed support on exporting goods and services.

The author of a booklet Ken Walsh, International Trade Specialist with the U.S. Commercial Service, an agency of the Department of Commerce, gives an audio interview on global e-commerce.

Anthony J. Pennings, PhD has been on the NYU faculty since 2001 teaching digital media, information systems management, and global communications.

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