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Economic Diplomacy: Investment Climate Statements For 2014



Published on 27 June 2014



by Office of the Spokesperson

(WireNews)

Washington, D.C.

U.S. Department of State
U.S. Department of State

The Department has published over 80 Investment Climate Statements for 2014. These statements, produced annually by U.S. embassies and consulates abroad, provide U.S. firms with country-specific information and assessments on investment laws, measures and other important business-related factors in foreign markets. They support our economic diplomacy efforts by helping ensure that U.S. companies have the information they need to make informed decisions on investment in foreign markets.

These Investment Climate Statements include many examples of economies which have improved their receptivity to U.S. investment. The reports also identify barriers and market distortions that may deter U.S. investment, and provide information to help U.S. firms assess business risks. Topics include the host country’s legal and regulatory systems, dispute resolution, corruption, political violence, and labor issues. Updated from 2013, this year’s Statements include an executive summary, expanded sections on intellectual property rights and state-owned enterprises, an improved search function, and a point of contact for country-specific inquiries.

U.S. economic growth increasingly relies on the ability of U.S. firms to compete successfully in overseas markets. Approximately 18 percent of U.S. merchandise exports are sent by U.S. parent companies to their foreign affiliates, and U.S. multinational companies directly account for almost half of all U.S. merchandise exports; so U.S. investments abroad help support employment in the United States.

The United States encourages foreign governments to embrace open, non-discriminatory, predictable, and transparent investment policies. Foreign investment both in the United States and abroad creates jobs, increases productivity, raises living standards, and gives businesses first-hand knowledge of a wider pool of consumers’ preferences. It is a mainstay of our global economy.

The statements can be viewed at http://www.state.gov/e/eb/rls/othr/ics/index.htm. Additional Investment Climate Statements for 2014 will be posted on this site as they become available.


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Posted 2014-06-27 12:14:00