October 3, 2022



Indian American sworn in as assistant secretary of commerce for global markets in US

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

Here, Venkataraman will lead a group of more than 1,400 workers decisively situated in 106 workplaces across the United States and 78 business sectors abroad, supporting US organizations in business sectors addressing 95% of worldwide GDP and 97 percent of US exchange.

This incorporates more than 1,000 vocation experts that have practical experience in trade advancement, business discretion and unfamiliar direct speculation to help US organizations venture into global business sectors and draw in unfamiliar direct interest into the United States.Venkataraman was selected by President Joseph R Biden and affirmed by the US Senate on April 7 to lead the central government’s endeavors to advance products abroad and draw in internal venture, an authority discharge said.

“Arun’s ability in exchange regulation and business strategy will be an important resource as the Commerce Department helps US organizations and laborers recuperate and return more grounded from the monetary cost incurred by Covid-19,” expressed Secretary of Commerce Gina Raimondo.

“His experience and administration helping the US public and private area explore and beat basic exchange difficulties has gained him appreciation both all around of government as well likewise with the group he is currently relegated to lead. I anticipate working with him in his new job,” the business secretary said.
The Indian American has north of 20 years of involvement prompting organizations, global associations and the US government on worldwide exchange issues.Prior to his arrangement, he filled in as the instructor to the secretary of business, exhorting the division on exchange and other worldwide financial issues.

Prior to joining the Biden organization, he was a ranking executive at Visa, driving a worldwide government commitment methodology on a scope of global strategy issues, including computerized economy, exchange, expense and authorizes.

He likewise served in the Obama organization as the ITA’s head of policy.Additionally, he has had a broad legitimate vocation, including filling in as a lawful official for the World Trade Organization, Trade and Investment Policy Advisor at Steptoe and Johnson LLP. He additionally filled in as a regulation representative for Judge Jane A Restani at 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 north of 20 years working in the field of exchange, I have seen direct the worth that American organizations and laborers offer in each edge of the globe. The world goes to the US since we have the mastery, experience, and enterprising soul to give the items, administrations and imaginative arrangements that have an effect. I say thanks to President Biden, Secretary Raimondo, and the US Senate for entrusting me with this position,” expressed Venkataraman in a public statement.

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