US Embassy recruiting delegation to Select-USA Investment Summit
The US Embassy is leading a delegation from Kuwait to the Select-USA Investment Summit June 18 to 20 in Washington, DC. The Summit is a high profile event that connects international companies and US economic development organizations (EDOs) facilitating business investment in the United States. “We are entering a new period of economic revival in the United States,” said US Secretary of Commerce Wilbur Ross. “This is an exciting time for global companies to explore the US market and find partners that can help them create a footprint, expand operations, and achieve growth. There is no better place to make those connections than this Summit.”
The three day event will include dozens of seminar sessions on different aspects of investment, an exhibition hall full of economic development organizations and service providers that support investors, and an online matchmaking tool to facilitate new business connections. There will also be ample opportunity for networking. “There is no other place where you can gather so much information, in such a short amount of time, about investing in the United States,” said US Ambassador to Kuwait Lawrence R Silverman.
“The Summit is a great place to develop the contacts and knowledge needed to identify potential opportunities and build successful investment strategies for the United States.” With over three trillion dollars of investment, the United States is the largest recipient of foreign direct investment (FDI) in the world. Foreign companies are attracted to the United States due to its large consumer market; a stable, transparent, and fair business environment; strong intellectual property rights; and its educated workforce. The United States is a global leader in innovation and research and development. The US Embassy’s Commercial Section here in Kuwait can help you explore and understand the US business environment. Our team provides expert guidance for those looking to invest in the United States. For example, before investing, it is important to understand American business culture, which can be very different than that in Kuwait. It is also important to remember that the United States is a large and diverse country.
Each state has unique policies, including different laws, taxes, and incentives for investors. Identifying and working with experts in the field can help you decide where to invest and to understand the legal and tax implications of different locations. If you are considering investing in the United States, the US Embassy Commercial Section is a great place to start and the Select USA Summit offers an unparalleled opportunity to learn more.