WASHINGTON—The National Governors Association today released the following statement on Congress’ authorization of the SelectUSA program:
“As CEOs of our states, business development—particularly attracting foreign direct investment—is a top priority for the nation’s governors.
Since its inception in 2011, the SelectUSA program at the U.S. Department of Commerce has attracted billions in total foreign direct investment and supported thousands of jobs.
SelectUSA connects states with international companies as well as domestic economic development organizations to help fuel job creation.
Governors ask that members authorize the program before the end of the year so the United States remains a competitive option for international companies looking to invest, especially at a time when such investment is increasingly difficult.
Foreign direct investment fuels job growth and creation. SelectUSA powers foreign direct investment. Governors simply ask that Congress keeps America competitive in the global marketplace.