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.