Home / News / Penny Pritzker: Commerce Department, eBay Partner on Trade and Investment Program

Penny Pritzker: Commerce Department, eBay Partner on Trade and Investment Program

penny pritzker
Penny Pritzker

The Commerce Department and eBay have signed an agreement to collaborate on growing trade and investment programs in the U.S.

The partnership is intended to raise awareness of the role small and medium-sized enterprises play in the U.S. export industry, eBay said Wednesday.

Commerce Secretary Penny Pritzker said the Obama administration aims to help exporters pursue business opportunities abroad, grow export volumes and create jobs for U.S. citizens.

The agreement is part of the Obama administration’s National Export Initiative, which aims to market American goods and services to foreign markets and educate SMEs on available export resources.

John Donahoe, eBay CEO, said the company intends for the partnership to help businesses participate in the global marketplace.

U.S. exports totaled $2.3 trillion in 2013, representing a $700 billion increase since 2009.

Check Also

DARPA Launches Program Seeking High Performance Computing for Military Simulators

The Defense Advanced Research Projects Agency launched a new program to improve how virtual training environments replicate real-world interactions and host more complex systems. DARPA unveiled Monday that the Digital RF Battlespace Emulator program intends to build a new breed of High Performance Computing capable of supporting advanced radio frequency for simulators. 

Leave a Reply

Your email address will not be published. Required fields are marked *