Indian American Arun Venkataraman was sworn in as Assistant Commerce Secretary for Global Markets and Director General of the US and Foreign Commercial Service for the International Trade Administration.
In this position, Venkataraman will lead a team of more than 1,400 employees strategically located in 106 offices across the United States and 78 markets abroad, in markets that represent 95 percent of global GDP and 97 percent of US business. Will support American companies.
It includes more than a thousand career professionals who specialize in export promotion, commercial diplomacy, and foreign direct investment to help American companies expand into international markets and attract foreign direct investment into the United States.
appointed by Biden
An official release said Venkataraman was appointed by President Joseph R. Biden and ratified by the US Senate on April 7 to support the federal government’s efforts to boost exports abroad and attract inward investment. to be led.
Commerce Secretary Gina Raimondo said, “Arun’s expertise in business law and commercial policy will be an invaluable asset as the Department of Commerce helps American businesses and workers recover and emerge stronger from the economic toll inflicted by COVID-19.”
“His experience and leadership have helped the American public and private sector navigate and overcome significant business challenges, earning him respect both inside and outside of government, as well as with the team he now has to lead.” I am looking forward to working with him in a new role,” the commerce secretary said.
Indian American has over 20 years of experience advising companies, international organizations and the US government on international trade issues.
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Prior to his appointment, he served as an adviser to the Secretary of Commerce, advising the department on trade and other international economic matters.
Prior to joining the Biden administration, he was a senior director at Visa, leading the global government’s participatory strategy on a range of international policy issues, including the digital economy, trade, taxes and sanctions.
served in the Obama administration
He also served as the policy director of the ITA in the Obama administration.
Additionally, he has had an extensive legal career, which includes serving as a legal officer for the WTO, trade and investment policy advisor at Steptoe & Johnson LLP.
He also served as a law clerk for Judge Jane A. Restani in the US Court of International Trade.
Venkataraman holds a JD from Columbia Law School, a Master of Arts in Law and Diplomacy from the Fletcher School of Law and Diplomacy, and a BA from Tufts University.
“In more than 20 years working in the business sector, I have seen firsthand the value that American companies and employees offer to every corner of the world. The world turns to America because we have the expertise, experience, and entrepreneurship The spirit is there. For providing products, services and innovative solutions that make a difference. I thank President Biden, Secretary Raimondo and the US Senate for handing over this position to me,” Venkataraman said in a press release.