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Commerce Secretary's Remarks at Minority Business Conference

On the final day of the National Minority Enterprise Development Week Conference, Commerce Secretary Locke stated that minority businesses already export twice as much as the average business, as they often have existing cultural, family or business ties to foreign…

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countries. The National Export Initiative (NEI) seeks to build on that, with a goal of increasing the number of small-, medium- and minority-owned businesses exporting to more than one market by 50 percent over the next five years. Full remarks here.