GAO Study Claims U.S. Lacks Info on Export Promotion Strategy
The interagency Trade Promotion Coordinating Committee (TPCC) is failing to provide U.S. policy- and decision-makers with enough information about how the government is allocating funding and resources for export promotion, according to a U.S. Government Accountability Office (GAO) report released…
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Aug. 14. The TPCC, which is tasked with coordinating federal export promotion efforts, does not compile or report information on how export promotion resources align with federal strategy, GAO claimed. That makes it harder for agencies to decide how to best allocate future resources to increase U.S. exports in priority areas like small- and medium-sized businesses, the report said.