U.S. InvestmentAdvisory Council
Contact Information
- Global Markets/SelectUSA
- (202) 482-2612
- IAC@trade.gov
About the U.S. Investment Advisory Council (IAC)
The Investment Advisory Council (IAC) is a new advisory council established by the Secretary of Commerce to solicit private sector advice on the promotion and retention of foreign direct investment (FDI) to the United States. The IAC shall advise the Secretary of Commerce on U.S. government policies and programs that affect FDI; identify and recommend programs and policies to help the United States attract and retain FDI; and recommend ways to support the United States remaining the world's preeminent destination for FDI. The IAC shall act as a liaison among the stakeholders represented by the membership and shall provide a forum for the stakeholders on current and emerging issues regarding FDI. Specific priorities and recommendations will be determined by the appointed members of the IAC.
Frequently Asked Questions:
- What are the membership criteria for the IAC?
The IAC actively seeks executive-level candidates, who are U.S. nationals, from companies and organizations investing, seeking to invest, seeking foreign investors, or facilitating investment across many sectors, including, but not limited to: U.S.-incorporated companies that are majority-owned by foreign companies or by a foreign individual or individuals, or that generate significant foreign direct investment (e.g., through their supply chains); U.S. companies or entities whose business includes FDI-related activities or the facilitation of FDI; and economic development organizations and other U.S. governmental and non-governmental organizations and associations whose missions or activities include the promotion or facilitation of FDI.
For full membership criteria and application details, please review the Federal Register notice announcing the opportunity to apply.
- How many people are expected to be selected for the Council?
The IAC can have up to 20 members who will serve a two-year term.
- What is the relationship between the IAC and SelectUSA?
The IAC will serve as a formal conduit for private stakeholder input, insights, and recommendations on how best to channel resources, design and implement U.S. government policies and programs, and prioritize specific issues related to attracting and retaining FDI into the United States.
One of the existing and most dynamic mechanisms for facilitating investment into the United States is SelectUSA. Housed within the International Trade Administration (ITA) at the U.S. Department of Commerce, SelectUSA is an innovative and unique program and single point of contact at the federal level for foreign companies, that delivers world-class investment services, supports the investment promotion and attraction programs of all 50 states, and demonstrates the job-creating value of FDI in the United States.
- Who should I reach out to if I have additional questions?
Please e-mail IAC@trade.gov.
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