Following up on President Barack Obama’s SelectUSA initiative, the Embassy invited Norwegian companies interested in the U.S. market to participate in the SelectUSA 2015 Investment Summit in Washington DC on March 23-24.
800 member companies represented
Acting Ambassador Julie Furuta-Toy and Head of Commercial Section Vidar Keyn led a delegation of 15 participants from Norway, representing companies like the Kongsberg Group, Prox Dynamics, Nammo, Statoil, Vimond Media Solutions, Umoe, as well as organizations like the American Chamber of Commerce in Norway, Escalon Services, Innovation Norway, the Norwegian-American Chamber of Commerce, Oslo Medtech, and the Telemark Trade Office. Together, these organizations represent more than 800 member companies.
– Showcasing the U.S market’s competitiveness
The Embassy has received many positive comments reflecting the program, the speakers, the size and set-up of the event, and the opportunity to network with so many U.S. Government and State/EDO representatives – and not least, other delegation members. – We are pleased that the Summit met or surpassed expectations, says Vidar Keyn. – The event succeeded in showcasing the U.S market’s competitiveness, with powerful whole-of-Government support. With the President, six Cabinet members and three Governors on stage, in addition to industry leaders like Eric Schmidt, David Rubenstein, Thomas Donohue, and over 2500 attendees including EDO officials from all the 50 states and 40 U.S. ambassadors, it made for an interesting and productive event, says Keyn.
Reception at Norwegian Embassy Residence
– We want to thank Norwegian Ambassador Kåre R. Aas for hosting a networking reception at the Royal Norwegian Embassy Residence for the Norwegian and Icelandic delegations. We also want to thank the Norwegian-American Chamber of Commerce for helping to facilitate parts of the program, says Head of Commercial Section Vidar Keyn. The reception was attended by a range of business contacts and government officials, including U.S. Ambassador to Iceland Robert C. Barber and Icelandic Ambassador Geir H. Haarde.
Norway 5th fastest growing source of foreign direct investment into U.S.
Norway ranked as the 5th fastest growing source of FDI into the United States from 2009-2013. In 2013, Norway was the 12th largest source of FDI in the United States. – Anyone interested in expanding their business in the U.S. market, should let us know how the Embassy or the U.S. Department of Commerce can assist. We are always interested in discussing how to further develop U.S.-Norway trade and investment opportunities, says Vidar Keyn.