Notice2024-00913
Announcement of U.S. Company Recruitment for the March 11-12, 2024 Presidential Trade and Investment Mission to the Philippines
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 18, 2024
Issuing agencies
Commerce DepartmentInternational Trade Administration
Abstract
The U.S. Department of Commerce is assisting the White House in recruitment of U.S. companies to participate in a Presidential Trade and Investment Mission to the Philippines.
Full Text
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<title>Federal Register, Volume 89 Issue 12 (Thursday, January 18, 2024)</title>
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[Federal Register Volume 89, Number 12 (Thursday, January 18, 2024)]
[Notices]
[Page 3382]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-00913]
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DEPARTMENT OF COMMERCE
International Trade Administration
Announcement of U.S. Company Recruitment for the March 11-12,
2024 Presidential Trade and Investment Mission to the Philippines
AGENCY: International Trade Administration (ITA), Department of
Commerce (DOC).
ACTION: Notice.
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SUMMARY: The U.S. Department of Commerce is assisting the White House
in recruitment of U.S. companies to participate in a Presidential Trade
and Investment Mission to the Philippines.
FOR FURTHER INFORMATION CONTACT: Elliott Brewer, Philippines Desk
Officer, U.S. Department of Commerce, 1401 Constitution Avenue NW,
Washington, DC 20230; telephone: 202-430-8025; email:
<a href="/cdn-cgi/l/email-protection#741118181d1b00005a1606110311063400061510115a131b02"><span class="__cf_email__" data-cfemail="85e0e9e9eceaf1f1abe7f7e0f2e0f7c5f1f7e4e1e0abe2eaf3">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The United States seeks to send a
Presidential Trade and Investment Mission (PTIM) to the Philippines
from March 11-12, 2024. The intent to dispatch the PTIM was announced
by President Joseph R. Biden, Jr. on May 1, 2023, during the visit of
Philippine President Ferdinand R. Marcos, Jr. to Washington, DC. As
described in the White House's fact sheet on ``Investing in the Special
Friendship and Alliance Between the United States and the
Philippines,'' the purpose of the PTIM is to enhance U.S. companies'
investment in the Philippines' innovation economy, its clean energy
transition and critical minerals sector, and the food security of its
people. The mission will feature the highest caliber of U.S. business
leaders dedicated to strengthening U.S.-Philippine trade and investment
ties in these areas. Trade mission delegates will meet with Government
of Philippines officials in Manila to learn more about business
development incentives and to discuss regulatory reforms. These
discussions will help identify policy actions that support mutually
beneficial economic and commercial outcomes. Trade mission delegates
will also be able to join networking events with relevant local firms
and business organizations to foster business-to-business trade and
investment promotion opportunities.
The U.S. Department of Commerce is assisting the White House in
recruitment of U.S. companies to participate in the PTIM and welcomes
statements of interest in participation in the PTIM from U.S.-
headquartered companies that can help the United States and Philippines
achieve the goals described above. Priority will be given to companies
that are (1) willing to participate in the PTIM at the Chief Executive
Officer, President, or other senior executive level, (2) conducting or
developing plans to conduct business in both countries, and (3) engaged
in work related to the clean energy transition, critical minerals
sector, food security, or that promotes the Philippines' innovation
economy, including its digital transformation, and/or greater supply
chain resilience. This list of business areas is not intended to be
exhaustive. Each company that is selected will be permitted to have one
primary representative at the Chief Executive Officer, President, or
other senior executive level join the PTIM, along with one additional
supporting representative. Company representatives must be able to
travel to the Philippines and to locations in the United States to
attend PTIM meetings, as well as PTIM preparatory meetings. Travel and
in-person activities are contingent upon the safety and health
conditions in the United States and the Philippines. Should safety or
health conditions not be appropriate for travel and/or in-person
activities, one or more meetings may be postponed or scheduled
virtually instead. It is also possible that the entire mission would be
postponed or cancelled in response to changes in safety or health
conditions.
No fees will be collected from trade mission delegates. Trade
mission delegates and their sponsoring companies will be responsible
for covering all travel, lodging, meals, and incidental expenses
associated with the PTIM.
Interested companies should submit the following information to the
U.S. Department of Commerce at <a href="/cdn-cgi/l/email-protection#d585819c9895a1a7b4b1b0fbb2baa3"><span class="__cf_email__" data-cfemail="19494d5054596d6b787d7c377e766f">[email protected]</span></a> by Tuesday, January 30,
2024:
<bullet> Company Name;
<bullet> Name of Chief Executive Officer or President;
<bullet> U.S. State of Incorporation;
<bullet> Corporate Headquarters;
<bullet> Principal Place of Business;
<bullet> Main Address (Street Address, City, State, and Zip Code);
<bullet> List of Subsidiary or Affiliate Offices in Asia (including
in the Philippines);
<bullet> Industry Area(s);
<bullet> Main Products and Services;
<bullet> A brief (up to one page) Statement of Interest explaining:
[cir] Your company's goals and qualifications for the mission.
[cir] How your company's participation in the mission will
strengthen U.S.-Philippines trade and investment ties.
[cir] How your company's work can support the clean energy
transition, critical minerals sector, food security, or innovation
economy--including efforts to advance digital transformation and/or
greater supply chain resilience in the Philippines.
<bullet> Name, title, work email, phone number, and biography of
your Chief Executive Officer, President, or other senior executive who
would represent the company on the PTIM.
<bullet> Name, title, work email, and phone number of the main
working-level point of contact that will facilitate the senior
executive's participation in the mission.
<bullet> Name, title, work email, phone number, and biography of
one optional accompanying staff person (if applicable).
The selection of companies for the PTIM will be evaluated on a
comparative basis by: (1) the level of executive representation; (2)
consistency of the applicant's goals and objectives with the stated
scope of the mission; (3) suitability of the applicant's products or
services to the Philippines market; and (4) the applicant's potential
for developing trade and investment opportunities in the Philippines
market.
Statements of interest received after January 30 will be considered
only if space and scheduling constraints permit. Please direct any
questions or requests for more information about the PTIM to Mr.
Elliott Brewer at 202-430-8025 or <a href="/cdn-cgi/l/email-protection#b2d7dededbddc6c69cd0c0d7c5d7c0f2c6c0d3d6d79cd5ddc4"><span class="__cf_email__" data-cfemail="c7a2ababaea8b3b3e9a5b5a2b0a2b587b3b5a6a3a2e9a0a8b1">[email protected]</span></a>.
David Nufrio,
Deputy Director of the Office of Southeast Asia.
[FR Doc. 2024-00913 Filed 1-17-24; 8:45 am]
BILLING CODE 3510-FP-P
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