Business Lunch with Mr. Kenneth E. Hyatt
U.S. Trade Envoy and AmCham Community Discuss Bilateral Trade and TTIP
On June 23, 2014 the AmCham community had a business luncheon with Kenneth E. Hyatt, Acting under Secretary for International Trade, US Department of Commerce. At focus were topics related to the progress of the Transatlantic Trade and Investment Partnership negotiations (TTIP), the importance of the business-to-government dialogue; ways to boost U.S. investments to Bulgaria and foster bilateral trade. The speech was entitled “Growing U.S. – Southeast Europe Bilateral Trade and Investment”.
TTIP is crucial to both our economies, and we need Bulgaria’s full support and commitment to working as fast as possible on this endeavor, said Mr. Hyatt. He encouraged the businesses to be active during the ongoing negotiations and to think how they could help the process. There is no clear time framework on the final agreement between the US and EU, said the US envoy when responding to a question from business.
According to Mr. Hyatt, the U.S. bilateral economic relationship with Bulgaria is modest, but growing. In 2013 the two-way trade relationship was up 10 percent from the previous year to $836 million. After four months in 2014, bilateral trade is up more than 25 percent.
Mr. Hyatt praised Bulgaria’s IT sector and the good engineering background the country’s specialists havethat could draw interest from U.S. companies.
The U.S. Embassy and the U.S. Commercial Service recognized three business leaders for their work and contribution to promote bilateral trade, innovation, science and technologies, namely: Krassimira Chemishanska, general manager, Amgen, Nina Blagoeva, general manager, NDB, and Valentin Georgiev, executive director, AmCham Bulgaria. The leaders received certificates of appreciation from Undersecretary Ken Hyatt.
Date(s) - 23/06/2014
12:00 pm - 1:30 pm
Sofia Hotel Balkan
Kempinski Hotel Zografski Sofia, Grand Hall – Sofia
AmCham members are invited to a business luncheon on June 23, 2014 with Mr. Kenneth E. Hyatt, Deputy Undersecretary for International Trade, U.S. Department of Commerce, International Trade Administration
Registration&Welcome drinks: 12:00 pm – 12:30 pm
Presentation: 12:30 pm – 13:30 pm
Topic: Growing U.S. – Southeast Europe Bilateral Trade and Investment