OIA promotes U.S. prosperity by supporting foreign investment in the United States. We partner with other Department of State and federal government agencies to encourage and secure inward investment.
We work with the Office of Commercial and Business Affairs, the Department of Commerce, and other agencies to support the SelectUSA initiative. SelectUSA began in 2011, and is aimed at attracting foreign investment into the United States as a mechanism for generating economic growth and job creation.
SelectUSA seeks to highlight the many advantages the United States offers as a location for business and investment, and does so at events at home and abroad. Over the last couple of years, SelectUSA has held two very successful Investment Summits, as well as a number of regional and international events. Visit the SelectUSA website to learn about upcoming events.
In some cases, mergers and acquisitions by foreign firms create security concerns. OIA represents the Department of State on the Committee for Foreign Investment in the United States (CFIUS). CFIUS is an inter-agency committee that reviews mergers and acquisitions of U.S. business by foreigners to determine whether such transactions could affect U.S. national security. CFIUS issues an annual report to Congress.