Summary
NEW YORK, June 23, 2011 /PRNewswire/ -- Responding to the Statement by the President on United States Commitment to Open Investment Policy, Robert Kimmitt, Independent Chairman of the Deloitte Center for Cross-Border Investment (DCCBI), welcomed the president's statement, which affirmed the government's commitment to ensuring that the United States continues to be the most attractive place for businesses to locate, invest, grow, and create jobs.
"This statement sends a clear signal that the United States welcomes the investment flows that can help spark exports, unleash job creation, and stimulate higher levels of economic growth," said Kimmitt. "It is proven that cross-border investment influences growth by raising productivity and guaranteeing the more efficient use of resources. This is true not just for the United States but for all countries. Remaining competitive in this global economy will significantly depend on nations' ability to resist protectionist tendencies."See the full content of this document
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Media Statement: To Open Investment Policy
President Obama's statement highlights that U.S. subsidiaries of global companies employ more than five million Ame...
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