The United States Department of Commerce has organised the first “Investment Summit”, which will take place at the Marriott Wardman Park Hotel in Washington from 31 October to 1 November 2013. The event is being promoted by the Department of Commerce and SelectUSA, the body whose task is to promote foreign investment. It will provide an opportunity for contact with federal and state authorities and a discussion of the incentives and services offered by American states to companies investing on their territory.
At present, 20% of US exports are generated by foreign companies, as the Secretary of Commerce recently observed. The factors making the United States the world’s most competitive country in attracting investment include: its consumption-led economy, highly skilled labour force, low and stable energy costs, active and dynamic venture capital market, transparent and predictable legal system, and high degree of protection for intellectual property. A situation confirmed by the recent return to the USA of many manufacturing businesses that until recently had opted to locate abroad. Registration for the Summit remains open until 18 October, while more information can be found at webwww.selectusasummit.com. Source: infoMercatiEsteri. Read more, in Italian, on Qatar, Switzerland, Texas and Germany.