The Commerce Secretary of the United States met with eBay executives and merchants and announced a partnership between the government and the ecommerce company. Commerce Secretary Penny Pritzker said the partnership would promote U.S. trade and investment expansion.
The partnership advances the Obama Administration’s National Export Initiative, an ambitious plan to sell more American goods and services into foreign markets.
eBay said the joint effort would focus on increasing awareness of the economic benefits of trade, specifically the important role that small and medium-sized enterprises (SME) can play in growing America’s export economy.
Secretary Pritzker made the following statement: “In a globally-connected economy, American companies have to consider the entire marketplace as they look to grow their businesses and create jobs. The fact is, 95 percent of worldwide consumers live outside U.S. borders. Whether they are large or small, American businesses cannot afford to limit their options when it comes to selling their goods and services. The Obama Administration is committed to ensuring that SME exporters are aware of export opportunities and federal resources that are available to help them establish a foothold abroad, increase their exports, and support additional good-paying American jobs. We look forward to working with eBay Inc. to help America’s small and medium-sized businesses thrive at home and around the world.”
More information is available on the eBay Main Street blog.
