The United States Investment Advisory Council (IAC) on the 31st of October aproved its first group of recommendations involving public politics to promote foreign direct investments and to improve climate of business for foreign companies in the United States.
The IAC was established in April 2016 with the approval of the Secretary of Commerce Penny Pritzker. The IAC advises the Secretary of Commerce on programs to enhance the amount of foreign direct investment in the United States. The council also solicits information from the private sector on how to promote and retain foreign direct investment. The Council is divided amongst four subcommittees: Investment Ecosystem Subcommittee, Workforce Alignment Subcommittee, Investment Competitiveness Subcommittee, and the Infrastructure Investment Subcommittee.
Among the approved recommendations were initiatives aimed at improving coordination between federal, state, and municipal agencies in the area of infrastructure and capacity builidng through public-private partnerships.
You can find the approved letters of recommendation in full by clicking here.
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