Picked by Biden, Indian American Arun Venkataraman appointed in key administrative function in US

Indian American Arun Venkataraman was sworn in because the Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service for the International Trade Administration.

In this place, Venkataraman will lead a group of over 1,400 workers strategically positioned in 106 places of work throughout the United States and 78 markets overseas, supporting US firms in markets representing 95 per cent of worldwide GDP and 97 per cent of US commerce.

This contains over a thousand profession professionals that specialize in export promotion, industrial diplomacy and international direct funding to assist US firms increase into worldwide markets and appeal to international direct funding into the United States.

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APPOINTED BY BIDEN

Venkataraman was appointed by President Joseph R Biden and confirmed by the US Senate on April 7 to guide the federal authorities’s efforts to advertise exports overseas and appeal to inward funding, an official launch stated.

“Arun’s expertise in trade law and commercial policy will be an invaluable asset as the Commerce Department helps US businesses and workers recover and come back stronger from the economic toll inflicted by COVID-19,” stated Secretary of Commerce Gina Raimondo.

“His experience and leadership helping the US public and private sector navigate and overcome critical trade challenges has earned him respect both inside and out of government as well as with the team he is now assigned to lead. I look forward to working with him in his new role,” the commerce secretary stated.

The Indian American has over 20 years of expertise advising firms, worldwide organisations and the US authorities on worldwide commerce points.

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Prior to his appointment, he served because the counsellor to the secretary of commerce, advising the division on commerce and different worldwide financial issues.

Before becoming a member of the Biden administration, he was a senior director at Visa, main a world authorities engagement technique on a variety of worldwide coverage points, together with digital financial system, commerce, tax and sanctions.

SERVED IN THE OBAMA ADMINISTRATION

He additionally served within the Obama administration because the ITA’s director of coverage.

Additionally, he has had an in depth authorized profession, together with serving as a authorized officer for the World Trade Organization, Trade and Investment Policy Advisor at Steptoe and Johnson LLP.

He additionally served a legislation clerk for Judge Jane A Restani on 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 over 20 years working in the field of trade, I have seen first-hand the value that American companies and workers offer in every corner of the globe. The world turns to the US because we have the expertise, experience, and entrepreneurial spirit to provide the products, services and innovative solutions that make a difference. I thank President Biden, Secretary Raimondo, and the US Senate for entrusting me with this position,” stated Venkataraman in a press launch.