United States Trade and Development Agency
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
|
United States Trade and Development Agency (USTDA) is an independent U.S. government agency focused on promoting economic development in emerging economies while advancing American commercial interests. It operates by facilitating U.S. business involvement in infrastructure projects abroad, aiming to increase U.S. exports and create jobs in the United States.
Mission
The USTDA promotes economic development and U.S. commercial interests in developing and middle-income countries by funding various forms of technical assistance, pilot projects, and reverse trade missions. The agency's activities help U.S. businesses gain access to international markets while fostering sustainable infrastructure development abroad.[1]
Parent organization
USTDA does not have a parent organization as it is an independent federal agency.
Legislation
The agency was established by the Jobs Through Exports Act of 1992.[2]
Partners
- Various U.S. government agencies including the Department of Commerce, Energy, State, and others for collaborative projects.
- Private sector companies for partnership in project development.[3]
Number of employees
USTDA has approximately 50 employees.[4]
Organization structure
The USTDA is structured to carry out its mission through:
- **Program Development Division** which identifies and develops project opportunities.
- **Regional Offices** that manage activities in specific geographic areas.
Leader
USTDA is led by a **Director**.[5]
Divisions
The divisions include:
- **Program Development** for identifying potential projects.
- **Regional Operations** for managing programs in different parts of the world.
List of programs
- Technical Assistance Grants
- Feasibility Studies
- Orientation Visits for Foreign Delegates[6]
Last total enacted budget
The last enacted budget for USTDA was approximately $79 million for Fiscal Year 2023.[7]
Staff
USTDA employs around 50 staff members who work on promoting U.S. business interests globally through infrastructure development initiatives.[8]
Funding
USTDA receives its funding from the U.S. federal budget, allocated annually by Congress. The funding is aimed at supporting its mission to promote U.S. exports through infrastructure development in emerging markets.
Services provided
USTDA provides services focused on linking U.S. businesses to international project opportunities, including funding for feasibility studies, technical assistance, and organizing reverse trade missions where foreign delegates visit the U.S. to explore American technologies and services.[9]
Regulations overseen
USTDA does not oversee regulations but is governed by federal laws and regulations pertaining to U.S. foreign assistance and trade promotion.
Headquarters address
1000 Wilson Boulevard, Suite 1600, Arlington, VA 22209, United States
History
The USTDA traces its origins to the 1970s when it began as part of USAID's Reimbursable Development Program. It became an independent agency with the passage of the Jobs Through Exports Act of 1992, focusing on promoting U.S. exports and development projects in emerging markets.[10]
External links
References
- ↑ Ebong, Enoh T. (January 1, 2025). "About USTDA - Mission". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "USTDA History". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "Partners". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "About USTDA". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "USTDA Leadership". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "USTDA Program Types". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "USTDA Budget". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "About USTDA". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "What We Do". United States Trade and Development Agency.
- ↑ Ebong, Enoh T. (January 1, 2025). "USTDA History". United States Trade and Development Agency.