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Secretary Clinton to host the President's Jobs Council to Discuss Increasing Foreign Direct Investment in the U.S. to Help Create Jobs and Grow the Economy


Notice to the Press
Office of the Spokesperson
Washington, DC
October 5, 2011

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Secretary Clinton, Acting Secretary Blank to join Jobs Council Members, business leaders to discuss critical importance of U.S. open investment policy and ways to increase direct investment in the United States

On Friday, October 7, 2011, Secretary of State Hillary Rodham Clinton will host a meeting of the President’s Council on Jobs and Competitiveness to discuss the critical importance of further strengthening foreign direct investment in the United States. Secretary Clinton will be joined by Acting Secretary of Commerce Rebecca Blank, Under Secretary of State for Economic Affairs Robert Hormats, GE Chairman Jeff Immelt, CEO of Kodak Antonio Perez, UBS Investment Bank President Robert Wolf and business leaders and stakeholders.

Overseas investment in the United States creates and supports millions of good paying jobs, contributes to economic growth, boosts productivity, and support American communities. In June, President Obama signed an executive order creating SelectUSA – the first-ever government-wide initiative to attract and retain U.S. business investment.

10:00 a.m. - 11:30 a.m.
Benjamin Franklin Room
Department of State
Washington, D.C.

The event will be open to credentialed members of the media and will be streamed live on www.state.gov.
Pre-set time for video cameras: 9:15 a.m. from the 23rd Street entrance lobby.
Final access time for journalists and still photographers: 9:40 a.m. from the 23rd Street entrance lobby.

Discussion Participants:
U.S. Secretary of State Hillary Rodham Clinton
Acting U.S. Secretary of Commerce Rebecca Blank
Chairman of GE and President’s Jobs Council Chairman Jeff Immelt
CEO of Kodak and President’s Jobs Council Member Antonio Perez
President, UBS Investment Bank and President’s Jobs Council Member Robert Wolf

These senior administration officials and members of the President’s Jobs Council will be joined for the discussion by a diverse group of CEOs, business leaders and stakeholders.



PRN: 2011/1669



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