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U.S. Department of State

Diplomacy in Action

Economic Statecraft


Date: 06/06/2012 Description: Images of industry in the United States. © AP Images

Economic Statecraft

The State Department is placing economics and market forces at the center of U.S. foreign policy. Economic Statecraft means both harnessing global economic forces to advance America’s foreign policy and employing the tools of foreign policy to shore up our economic strength. We have backed this vision with an ambitious agenda, covering four broad elements:

  • Updating Our Priorities 
  • Advancing Our Trade, Investment, and Commercial Diplomacy Agenda
  • Using Economic Tools to Solve Foreign Policy Challenges
  • Building the Capacity of the Department of State


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