(NAFB) – President Obama has signed an Executive Order establishing an Export Promotion Cabinet. The EPC is an Administration initiative designed to improve conditions that directly affect the private sector’s ability to export. The Export Promotion Cabinet is charged with monitoring the National Export Initiative.
EPC members include the Secretaries of State, Treasury, Agriculture, Commerce and Labor. Other members include: the Director of OMB; the USTR; Assistant to the President for Economic Policy; National Security Advisor; chair of the council of economic advisers and the heads of several other agencies.
The Presidents’ Executive Order says the cabinet shall address exports by small and medium-sized enterprises; federal export assistance; trade missions; commercial advocacy; export credit, among other areas critical to trade between countries. The Export Promotion Cabinet reports directly to the President.
