Arab Today, arab today us business leaders call for more foreign investment
Last Updated : GMT 03:42:53
Arab Today, arab today
Arab Today, arab today

US business leaders call for more foreign investment

Arab Today, arab today

Arab Today, arab today US business leaders call for more foreign investment

Washington - AFP

US officials and business leaders stressed the need Friday to encourage China, India, Brazil and other countries to increase their investments in the United States as a means to create US jobs. \"In 2009 the United States attracted 12 percent of total global investment, down from 25 percent over a decade ago,\" Acting Commerce Secretary Rebecca Blank told President Barack Obama\'s Council on Jobs and Competitiveness. \"That\'s despite having the world\'s largest consumer market, a highly educated workforce, strong intellectual property protection and fluid capital markets,\" she told the forum chaired by Secretary of State Hillary Clinton. \"In the face of increased competition, we need to step up our game,\" according to Blank, who said the United States has a total of $2.3 trillion in foreign direct investment. Antonio Perez, chairman and chief executive officer of the Eastman Kodak Company, echoed what he called a \"troubling\" trend in the US declining share of global investments. \"Even more troubling than that is the fact that out of the 12 percent, only two and a half percent comes from the combination of Brazil, India and China,\" he said, adding that \"does not bode well for the future of this country.\" Jeffrey Immelt, chairman and CEO of the General Electric Company who chairs the jobs council, underlined the same concerns before a gathering of top executives from US affiliates of companies based in other countries. Executives of firms like Germany\'s Daimler Trucks, France\'s Air Liquide and other foreign-based firms said the United States produced top-notch engineers but needed to improve the vocational skills of its work force. They also complained of costly visas for foreign executives, declining infrastructure and rising health care costs for workers as competitive disadvantages. Immelt called on the United States to step up to the mark. \"When you think about what Singapore does or what other countries do to attract investment in their countries, there\'s no reason why we shouldn\'t be a lot more aggressive and lot more competitive and a lot more welcoming, and a lot hungrier, quite honestly, as a country,\" Immelt said. \"And with 9.1 percent unemployment, that should be our destiny,\" he added.

arabstoday
arabstoday

GMT 12:25 2017 Saturday ,23 September

ThyssenKrupp steelworkers protest against Tata tie-up

GMT 06:49 2017 Wednesday ,20 September

Equifax says 100,000 Canadians' data hacked

GMT 03:57 2017 Tuesday ,19 September

Canadian GM workers in walkout

GMT 07:02 2017 Monday ,18 September

Zombie firms on the march as rate hikes near: BIS

GMT 06:05 2017 Monday ,18 September

Serbian workers rebel against foreign bosses

GMT 06:41 2017 Saturday ,16 September

France slams Silicon Valley for skirting tax in Europe

GMT 19:14 2017 Wednesday ,30 August

Workers strike at VW plant in Portugal
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us business leaders call for more foreign investment Arab Today, arab today us business leaders call for more foreign investment

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us business leaders call for more foreign investment Arab Today, arab today us business leaders call for more foreign investment

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday