As designated by Presidential Proclamation this is National World Trade Week. In his proclamation the President stated that for our nation to compete and win in the 21st century we must rebuild our economy on a stronger, more balanced foundation. Part of that effort will require the U.S. to boost exports, which are critical for long-term prosperity and which support millions of American jobs. The President said World Trade Week is an opportunity for us to reaffirm the importance of trade to our nation's continued economic recovery and growth.
Also the President has announced the launch of the National Export Initiative, a comprehensive strategy to promote American exports. This initiative brings senior government officials together with leaders from the private sector to increase trade opportunities for businesses of all sizes including individual entrepreneurs.
According to President Obama we are opening new markets and encouraging development with trade preference programs. He wrote that these steps will bring us closer to accomplishing the ambitious goal set in this year's State of the Union address to double the nation's exports over the next five years.
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