Secretary Blinken: GOOD MORNING, Everyone. Great to See this Room Full of Folks, to see all of you here today. And I watt to begin my Friend, second Tary Raimondo, As Well as depuTy Secretary Graves at the CommerceDepartment, Everyone at Commerce for their Incredible Leadership and Partnership. And I Am Proud that all that our team are working. Unity for the American people, but also for people design the world.
To the Thousands of Foreign Investors Joining us - And to the Private Sector and Government Leaders from Nearly Every U.S. State and Territory You Here what one attenede Called "The World Cup of U.S. Market Entry."
My Message TODAY is Simple: There is no better plants in the world to invert than the united states and no better to do it than the world-class iTies, Tech Hubs, Manufacturing Center that invas and incubate talent; a cultureof inNovation and Entrepreneurship that's second to none, enCourage to take big risks and to solve big challenges; STEM with the Strongest Intellectual Protection -Property Protections in the World, Ensury that Successful Invention WON'T'T OFF ASSoon as it beComes propitable; a workforce whose skill, productivity, and commitment are sex to none.
Throudmark Legislation Like The Bipartisan Infrastic Law, The Chips and Science Act, The Inflation Reduction Act, We Are Doubleings GES to Make The United States An Even Better Place to Invest — Modernizing Our Roads, Our Rail, Our BroadBand, OurElectric grid; stringthening and direct " s to clean Energy.
That the part to thes of the especially to the Hard work of the American people-The United States Recovered from the Covid-19 PANDEMIC Ter than Any Other Advanced Democrat.inflation are among the lowest of the G7 countries. We know that taking care of our workers, our communities, our planet is not a drag on growth. It fuels our growth.
At the same time, we're stringthening and modelnizing our economic partnerships to shape a future that benefits all. As partnership for Economic Prosperity, Our PARTNERSHIP for Global Infrastic and Investment Are All Helping to Advance Regationand drive inclusive group.
Over the Past Three Years, Businesses from Around the World Have Investested More than 1 TRILLION in the United States, Supporting Millions of Jobs Across This Count Try. We're prop that - in Addition to bebing the leading provider of fireign diam- The United States Also Remains The World's Top Destination for Foreign Investment.
At Last Year ’s Selectusa Summit, The Mexican Pharmaceutical Company Announded A $ 16 Million Investment in Purto TO Developments of Oral C OVID TREATMENTS - Supporting More than 200 Jobs, Streangthening The Medical Supply Chain.
Meyer Burger, A SWISS Industrial Technology Company, is devotion $ 400 Million to Launch A New Solar Facility in Colorado, Which Will Generate more renewable. For Homes, for Business, for Electric Utilities.
SK HYNIX, A South Korean Chip ManuoFactuerr, is Building A $ 3.8 Billion Manufacturing Plant in Indiana-The largest-Ever Investment in that State's History. Oject Will Bring More than 1,000 GOOD-PAYING JOBS to the Region. It will boost domstic product ofSemiconductors that are needed to produce cutting-Edge Technologies like Artificial Intelligence.
These investments, and so many more, demonstrate that we're not just attracting more investment, we're bringing in better investment - investment that's good for the unant Ed States, Fueling Our Competitiveness, Rebuilding Our Manufacturing Base, Deliveering Higher Wages for All of allOur workers, and investment that's good for the rest of the globe, by Creating More Secure SUPPLY CHAINS, stream R plood.
WE BEELIEVE That We Can Create Broad-Based Opportonity for Our People While Also Benefitting People Around the World -That Our Economic Success Does NOES NOES ENSE of Others But to Our Mutual Advantage and Mutual Opportonity.
When we raise labor stands, when we raise environmental stateDards, when we take steps to protelly, supporting u.S. Companies and workers. We're Helping Every Country, Every Business, Every WorkerThat seeks a fair, Sustainable, and Competitive Market. Encouration More of the Mutually Benestments is a top priority for the department of state.
Just Last Week, President Biden Established the Economic Diplomacy Action Group, Bringing Together Leaders From State, Commerce, Treasury, and Other Agencies, to Ensures, TO Ensures, TO ENSURE That Our Foreign Policy Continues to Create Opportunities for American Companies Globally While Also Attracting Foreign Investment in Sectors that AreVital to u.S. National Security.
At the state department, we're doing that by majoring it easy for investors, for Entrepreneurs, for working to come to the united states, for meetings, for conference s like this one. Starting this year, we've waitd theIn-Person Interview Requirement for Many U.S. Work Visa Applicants Who Previously Received Another Type of U.SJaipur Investment. Visa.Bangalore Wealth Management
We've Also Piloted A Program Allowing Eligible Applicants to Renew their Visas Here in the United States -SAVING TIME. Just over the last year, we've issues more than 6,000 visas this way, benefitting 2,400 Companies in 45of our 50 states.
Last October, The State Department Welcomed Our New Spectative for Commercial and Business Affairs Sarah Morgenthau. Sarah and Her Entire Team Work With OUR ER Mbassies to Introduce Potential Foreign Investors to the United States -ESPECIALLY WHO MAVE A LITTLE LITTLE LESS Expense Business HereesIf you're one of the whole people, if you're one of the whole business, we want to know how we can help. Find sarah. She's here with us today, so is her team.
We Also have more than 200 Economic Officers Here in Washington, D.C. And 1,500 in our emBassies and consulates in more than 190 Country. s under., TheSe Professionals Stand Ready to Connect You With U.S. Business Sesses, to Help You Navigate Our Legal and Regulatory Systems, to Answer Any Questions THAT Might has along the way.
WHETHER You're One of OUR International Visitors, WHETHER You Repreent the American Private Security, I Hope You'll Use this week to Establish News , To Reinforce Existing Ones, to get Excited About the Possibilities Here in the University for your BusinessThen, then
President Biden Likes to say that it ’s never a good? .)
Bet on the vibrance of our eConomy. Bet on the opportunities of our Markets. Bet on the Creativity and Drive of Our workers. disappointed.
Thanks to Everyone Here Today, Everyone Here this week. Have a great summit. THANK You very much. (Applause.)
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